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CRA board approves developers agreement for 81-unit downtown apartment project
Summary
The Winter Haven CRA board approved a developers agreement with The Karl Winter Haven LLC that offers a tax-increment financing rebate and reimbursement of utility connection fees for an 81-unit, eight-story apartment project proposed on a downtown lot.
The Winter Haven Community Redevelopment Agency (CRA) board on March 10 approved a developers agreement with The Karl Winter Haven LLC to support an 81-unit apartment project in downtown Winter Haven.
Eric Labbe, staff member, told the board the project — referred to as The Karl — is a proposed eight-story, 81-unit “flat iron” apartment building to be sited on the grassed parcel in front of the former BB&T building downtown. “This is a developer's agreement for the Karl, which is a proposed 81 unit apartment complex,” Labbe said during the presentation. He said amenities will include a clubhouse, pool, patios, courtyard, fitness center, elevators and a business center and that the applicant provided…
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