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Biscayne Landing is a 193 acres (0.8 km²) master-planned community located in North Miami, Florida within a 2,000 acre (8 km²) enclave on Biscayne Bay. In 2007, Boca Developers built a twin-tower residential community on the site with 373 units. In 2009, iStar Residential, a division of iStar Financial, purchased 160 of the unsold residences and leased a majority of them while the real estate market was in recovery. In late 2013, the project was renamed One Fifty One at Biscayne. The rental units are being sold as condominiums. The site is bordered to the east by Biscayne Bay and Oleta River State Park, Florida’s largest remaining coastal mangrove preserve and urban park, to the west by commercial developments.〔 (【引用サイトリンク】accessdate= 2007-07-15 ) 〕 It is notable as one of the largest residential projects ever planned on a former Superfund site and a demonstration of the excesses of the housing bust. The site also reflects one of the largest write-offs in securitized mortgage history with a $196 million writeoff of an initial $200 million investment. ==History== Biscayne Landing is the result of a partnership between the City of North Miami and Boca Developers. The city has leased the former superfund landfill to Boca Developers for two hundred years. As part of the partnership agreement with the city, Boca Developers will match the construction of new residences at Biscayne Landing with an equal number of new or rehabilitated affordable housing units on brownfield sites within the city. In addition, Boca Developers has also committed up to $25 million toward the renovation and expansion of North Miami's library, the construction of an Olympic training facility, and construction of the David Lawrence, Jr. K-8 School.〔 〕 The Miami-Dade commission has agreed to contribute $31 million of the costs of the Munisport cleanup, using part of a $130 million bond issue earmarked to clean up other polluted sites in the county. Wells Fargo Bank filed a foreclosure suit against the developer in August 2009. iStar Financial purchased 160 unsold units while the property was in foreclosure and put them on the market as condominiums in late 2013. The majority of the 160 condominiums were sold to foreign investors. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Biscayne Landing」の詳細全文を読む スポンサード リンク
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