This Florida mall has Gucci, Prada… and soon, affordable housing?

By Patricia Mazzei | New York Times

In Bal Harbour, Fla., an oceanside village north of Miami Beach, a luxury mall says it wants to help tackle one of the nation’s — and Florida’s — most intractable problems: a lack of affordable housing.

It is an unexpected move for a retail temple where Gucci, Chanel and Rolex are on offer. Affordable? Here?

But in a rare instance of bipartisan agreement, the Florida Legislature passed a law last spring intended to encourage projects like the one that the owner of the mall, Bal Harbour Shops, has in mind. Called the Live Local Act, the law allows developers to bypass certain local zoning rules and to qualify for tax breaks if their projects include enough “work force housing.”

Local officials around the state, stripped of their power to say no, don’t like it. And nowhere has seen more backlash to date than little Bal Harbour.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

February 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
26272829