As luxury towers rise across Miami, developers are paying millions of dollars into a little-known city fund that trades bonus height and density for cash — fueling parks projects, affordable housing deals and growing concerns about overdevelopment.
Tag: zoning
Despite Grove Carve-Out, Density Transfer Program Set to Expand
A revised version of the controversial affordable housing density transfer program would exclude Coconut Grove from some aspects, but other late-stage changes — including a doubling of allowable bonus density — have dramatically expanded the scope of the proposal set for a final vote Thursday.
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