historic districts: MIAMI PRESERVATIONISTS WANT HISTORIC DISTRICTS, BUT AT WHO'S EXPENSE?
- 11/19/18 02:06 PM
The issue of historic districts in Miami has become a highly polarized issue in recent years. While preservationists are determined to keep at least certain parts of Miami the way they are for years to come, some developers and property owners feel differently. Developers stand to increase their return on investment when they tear down old buildings and build more modern developments that command a higher and better use. Property owners of historic buildings are often faced with near impossible building regulations, astronomical fees and cost burdens to keep up with historic designations…. all while being stuck with a property that often can be repurposed or … (1 comments)
The issue of historic districts in Miami has become a highly polarized issue in recent years. While preservationists are determined to keep at least certain parts of Miami the way they are for years to come, some developers and property owners feel differently. Developers stand to increase their return on investment when they tear down old buildings and build more modern developments that command a higher and better use. Property owners of historic buildings are often faced with near impossible building regulations, astronomical fees and cost burdens to keep up with historic designations…. all while being stuck with a property that often can be repurposed or … (1 comments)
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