"Florida Mall to Add Affordable Housing Alongside Luxury Brands"

1 min read
Source: The New York Times
"Florida Mall to Add Affordable Housing Alongside Luxury Brands"
Photo: The New York Times
TL;DR Summary

The luxury Bal Harbour Shops in Florida, known for its high-end retailers, is planning to build affordable housing alongside its upscale offerings, taking advantage of a new state law that allows developers to bypass local zoning rules in exchange for including "work force housing" in their projects. The proposed development includes a 20-story hotel and three residential towers with 600 units, 240 of which would be priced low enough to qualify as work force housing. This move has sparked controversy and backlash from local officials and residents in the affluent village of Bal Harbour.

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