^
Keep New Times Free
4

West Palm Beach Mayor Announces Plan for New Flagler Financial District

West Palm Beach Mayor Jeri Muoio announced plans to set up a "Flagler Financial District" in downtown to try and bring in more Wall Street types and other financiers to the city.

Muoio unveiled the plans during her State of the City address at the Palm Beach County Convention Center on Tuesday morning.

Downtown West Palm is already chock full o' financial institutions, from banks, to investment firms, to saving and loans. But Muoio says she wants to attract even more, making the area home to newer businesses.

"We already have a portion of our city where banking and finance is heavily concentrated. Now we need to let the world know about it," Muoio said during her address to a throng of listeners, including hundreds of business leaders.

From the West Palm Beat Blog:

The area would run from Sixth Street in the north to Okeechobee Boulevard and from Rosemary Avenue east to Flagler Drive and the waterfront. It would be identified with fancy logos, street signs, brass markers and banners, including one the mayor unveiled Tuesday morning.

The area Muoio envisions will be located between Okeechobee Boulevard and Flagler, Rosemary and 6th streets. The plan also includes building a new park will be created on Parker Avenue.

"We all know putting up signage alone will not make it happen. However, it will help catch the attention of CEOs," Muoio said.

Muoio also said the biggest challenge was meeting the demands that comes with growth, and said in her address that the city had nailed down a $1.25 million grant to hire 10 new police officers. She also says that the city still plans on being on top of initiatives for charter schools, and green energy.

Send your story tips to the author, Chris Joseph. Follow Chris Joseph on Twitter



I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of South Florida and help keep the future of New Times free.

Keep New Times Broward-Palm Beach Free... Since we started New Times Broward-Palm Beach, it has been defined as the free, independent voice of South Florida, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering South Florida with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the New Times community and help support independent local journalism in South Florida.

 

Join the New Times community and help support independent local journalism in South Florida.