Miami commission moves to double density in Edgewater via resilience fund
Miami commissioners voted to approve on first reading a proposal that would allow developers to double their density in specific neighborhoods, starting in Edgewater. Under the proposal, developers would pay $35,000 per unit into a Resilience Trust Fund for the additional density. Those funds would be used to help pay for flood control and climate projects, like raising streets, replacing seawalls and installing pump stations. Areas identified as “high demand” and where the density bonus could apply are Edgewater, Watson Island and the Miami portion of the Venetian Islands. The city commission on Thursday voted in favor of the proposal, […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131