search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanH-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
South Florida

Worldcenter team wants Community Development District

Rendering of Miami Worldcenter
Rendering of Miami Worldcenter

The developers of Miami Worldcenter have asked the state to approve a Community Development District on 25 acres at the project site north of downtown Miami.

City of Miami and Miami-Dade County commissioners have received requests to adopt resolutions supporting the Worldcenter team’s application for the district, ExMiami reported. The developers would control the district and would have the ability to issue municipal bonds to help fund infrastructure construction within the site.

Sign Up for the undefined Newsletter

The former home of the Miami Arena is not part of the proposed district.

Worldcenter got a boost last year when major retailers Bloomingdale’s and Macy’s signed leases to anchor the mixed-use development. [ExMiami] — Eric Kalis

Tags
Macy’s