Miami Beach, Fla., May Use Incentive Program to Lure Developer's Headquarters.

Knight Ridder/Tribune Business News | May 4, 2002 | Copyright

By Douglas Hanks III, The Miami Herald Knight Ridder/Tribune Business News

May 4--Next week Miami Beach will consider paying LNR Property Corp. more than $700,000 to move into a headquarters the company helped build and where it has already signed a lease.

The offer would mark the city's first effort to wean itself from a tourism economy by aggressively pursuing white-collar corporations.

LNR Property, a commercial developer based in the western suburbs of Miami-Dade County, began building two complexes near Lincoln Road about two years ago as ...

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