[CPEO-BIF] Bradenton, Florida's "Pink Palace" declared brownfield

[Lenny Siegel <lennysiegel@gmail.com>]

[Florida appears to have joined the ranks of states that allow  
opportunistic use of brownfield incentives. Maybe someone there can  
set me straight. - LS]

Developer: ‘Pink Palace’ may offer boost
Hotel expected to attract 50,000 guests annually


By SARA KENNEDY
Bradenton Herald (FL)
August 18, 2011


BRADENTON -- Officials representing a company that hopes to restore  
the former Manatee River Hotel told the Bradenton City Council on  
Wednesday it could expect 50,000 overnight guests per year, who would  
generate $2.5 million or more for local businesses.
Brian Long, director of development for The Widewaters Group Inc.,  
said each overnight guest at what is nicknamed “the Pink Palace”  
could be expected to spend a minimum of $50 per night in downtown  
Bradenton.

...

Council members unanimously passed a resolution that designated the  
property at 309 10th St. W. a “brownfield area” for the purpose of  
environmental site rehabilitation and economic redevelopment, which  
the company hopes will translate into tax incentives. The .85-acre  
site needs cleanup of minor soil contamination, officials have said.

...

For the entire article, see
http://www.bradenton.com/2011/08/18/3428564/developer-pink-palace-may- 
offer.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street, Mountain View, CA 94041
Voice: 650-961-8918 or 650-969-1545
Fax: 650-961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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