Vero Beach voters to make decisions on downtown's future; 2 referendums on Nov. 5 ballot
VERO BEACH — The ease of improving downtown hinges on two referendums, both of which will be on the Nov. 5 ballot.
One would more than double the density of housing downtown, from 17 units per acre to 36 units per acre; another, more technical issue, would allow transfer of development rights.
Transfer of development rights allows one property owner the ability to buy already-approved but unbuilt units from another property owner and develop at a higher density.
"As we try to make the city more attractive to young people, you have to give them incentive to be here," said Mayor John Cotugno. "The referendums lay the foundation for creating those incentives."
https://www.tcpalm.com/story/news/local/indian-river-county/2024/07/26/vero-beach-downtown-density-in-hands-of-voters-on-november-ballot-election-day-indian-river-county/74475535007/