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CRA board approves $1.2 million purchase at 1509 10th Street West; USF study proposed for downtown Main Street
Summary
The Tamiami Trail Community Redevelopment Agency approved purchase of a 0.72-acre gateway property for $1.2 million and authorized negotiations and next steps; staff also presented a proposed University of South Florida Main Street study for downtown revitalization.
The Tamiami Trail Community Redevelopment Agency (CRA) board voted to approve a commercial property purchase agreement for 1509 10th Street West in Bradenton, authorizing the chair to execute documents needed to close the transaction.
Property and price: CRA staff said the 0.72-acre property sits between Lee Con Park and the Village of the Arts, and the negotiated purchase price is $1,200,000 with an initial $25,000 escrow deposit. An owner-provided appraisal in the packet…
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