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Article: Boynton Beach, Fla., Officials Consider Relaxing Rules for Industrial Land.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- November 23, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Sam Tranum, South Florida Sun-Sentinel Knight Ridder/Tribune Business News
Nov. 23--Boynton Beach, Fla. -- Boynton Beach has spent years holding certain pieces of land in reserve, waiting and hoping for industrial development while refusing to let residential builders move in.
Now, the city has a higher industrial vacancy rate than any of its neighboring communities. And 90 acres of industrial land remain undeveloped.
So the City Commission is considering relaxing the rules of its industrial land preservation program, and residential developers are planning to build 840 new apartments on industrial sites.
That's heartening for ...