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CRA approves $2.3M Magnolia Avenue award, budget amendments and façade grant for downtown improvements
Summary
At its Nov. 10 meeting the CRA (convened inside the Orlando City Council meeting) approved an award to Gomez Construction for Magnolia Avenue improvements (~$2.3M), budget amendments moving $6.3M into downtown projects and a façade grant for Foxrock Orlando 100 Realty LLC (about $135,520 from the CRA program).
The city’s Community Redevelopment Agency (CRA), meeting as part of the Nov. 10 Orlando City Council session, approved several downtown investments intended to advance the DTO (downtown transportation/organization) action plan.
CRA staff (recorded as David) said the award to Gomez Construction will fund the initial construction work on Magnolia Avenue and is a CRA‑funded investment of just over $2,300,000. The CRA approved the award on a motion moved by…
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