UM–City of Coral Gables Development Agreement

I  have followed the discussion with great interest as a neighbor of UM.

Due to the size and complexity of the plan it is really hard to know what the process will look like over 20 years.  But, clearly, we are getting the equivalent of an quasi-active commercial district along Ponce de Leon in front of the UM.  Also, UM will be constructing a health facility–a “health facility” about the size of Doctors Hospital.

This plan gives UM a lot of latitude to organize its future without negotiating every detail with the City of Coral Gables.   The agreement allows for the city manager to approve a lot of changes in the future, and it is hoped that we will always have a good city manager and strong boards.  The city will get $1 million per year, which recognizes that the city does have costs by having UM here.

All in all, this is a good agreement.

About Stephen E. McGaughey
International consultant in economic development programs and projects

One Response to UM–City of Coral Gables Development Agreement

  1. Robert Burr says:

    It’s about time we came to an agreement with our local university. After a decade of pathetic posturing and threatening by our previous administration, the new city manager has approached the issues with professionalism and reasonable negotiation. Kudos to our new administration and to our university on the success of moving forward with these grand plans for the future.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: