Miami may see more parks due to condo bust | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Economy

Miami may see more parks due to condo bust

Michael Vasquez - The Miami Herald

December 25, 2008 06:47 AM

In the heyday of Miami's building boom, the empty spaces were where the magic happened.

Pre-construction condo sales parties turned vacant lots into fields of dreams. Developers would one-up each other by stocking their sales events not only with glossy brochures but also celebrity appearances, sexy salsa dancers, trampoline artists.

All of that largess is gone now, and some of those glossy brochures never became actual brick-and-mortar buildings. The empty spaces are just that – fenced-in and unwelcoming.

Could they be something more?

Miami Commissioner Marc Sarnoff thinks so and is proposing that the city turn some of those would-be condo properties into temporary parks. Amid the dour economic climate, it will likely be years before developers build anything there, even in prime, waterfront locations.

Call it rent-a-park.

Sarnoff, following the lead of a Seattle program that turns vacant land into community gardens, has approached several local developers.

One, Tibor Hollo, is poised to grant Miami use of his 1201 Brickell Bay Drive property – future home of the two-tower, 787-unit Villa Magna project – for the next three years at a lease rate of $1 a year.

The Brickell-area property boasts panoramic views of downtown in a densely-populated neighborhood lacking park space.

"Every cloud has a silver lining," Sarnoff said of Miami's now-lackluster real estate market. "And the silver lining for the citizens of Miami is that they get to have a waterfront park."

To read the complete column, visit The Miami Herald .

Read Next

Video media Created with Sketch.

Policy

Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

KEEP READING

MORE ECONOMY

National

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

September 20, 2018 07:00 AM

Investigations

Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

September 20, 2018 12:05 PM

Agriculture

Citrus disease could kill California industry if Congress slows research, growers warn

September 11, 2018 03:01 AM

Politics & Government

The GOP’s new attack: Democrats wants to ‘end’ Medicare

September 07, 2018 05:00 AM

Economy

KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

August 30, 2018 02:17 PM

Midterms

Democrats’ fall strategy: Stop talking Trump

August 24, 2018 05:00 AM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service