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Tamarac's incentive packages an example of how towns can compete

The small South Florida city is getting creative to help lure developers that will revitalize its commercial districts and give residents what they want.

By Louis Llovio
| 5:00 a.m. September 13, 2023
| 0 Free Articles Remaining!

Incentives come in all sizes. Fort Myers Community Redevelopment Agency approved a $11.02 million tax increment rebate for the 274-unit First Street Apartments at 3466 First Street.

Florida

Tamarac is a city of about 66,000 residents in Broward County. It’s a bedroom community that sits in the shadows of its larger neighbors, Fort Lauderdale and nearby Miami.

But its size does not mean it lacks ambition.

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author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.