Saturday, October 22, 2005

Bradenton condos to face stricter law

Planned 19-story towers must conform to new guidelines for historic neighborhood

TIM W. McCANN
Herald Staff Writer

BRADENTON - A developer's plan for new high-rise condominiums and other housing in a historic neighborhood likely will become the first proposed project to face a hearing under stricter city laws aimed at protecting historic buildings.

Developer Riviera Southshore Ventures' planned development project calls for 573 homes, many in three 19-story condominium towers, on waterfront property bordered by the Manatee River, Manatee Avenue East and 10th and 45th streets east.

The 29-acre site lies in the former town of Manatee, now part of east Bradenton, where some residents live in century-old mansions and many take pride in their neighborhood's rich history.

Read the rest of the article here:
http://www.bradenton.com/mld/bradenton/news/local/12914829.htm

I own property along the Manatee River that this developer has under contract for this development. I believe this development would be great for Bradenton. The obvious reasons are the property taxes generated from higher priced properties, the number of jobs created from the construction of the condos and the new additional businesses and jobs started to support the new residences.

Homes along the Manatee river have gorgeous views. This development would help accomodate the large number of people moving to Florida wanting those gorgeous water views. If they don't get them in Bradenton they will go elsewhere in Florida.

Revitalizing this distressed neighborhood will make the downtown Bradenton area more attractive and a more desireable place to live. With this and like kind projects downtown Bradenton will attract more restaurants, entertainment, culture, arts, shopping, and residences.

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