The Briny Breezes sale is off.
Ocean Land Developers sent certified documents within the hour, telling the corporate board the deal to buy the mobile home park for $510 million and convert it to a resort had fallen through, Ocean Land Vice President Logan Pierson said.
“The Coalition finds the CPAs to be flawed on a fundamental level, not only in the language of the CPAs but also the goals, objectives and policies,” Florida Coalition for Preservation Attorney Jane West wrote in a letter to the Department of Community Affairs accompanying the report. “Legally, the CPAs do not appear to be based on data and analysis and appear to be very conclusory and vague.”
The proposed redevelopment amendments and the Evaluation and Appraisal Report before the DCA would replace the current Briny Breezes Comprehensive Plan in its entirety.