Biscayne Landing is a 193 acres (0.8 km²) master-planned community located in North Miami, Florida within a 2,000 acre (8 km²) enclave on Biscayne Bay. The site is bordered to the east by Biscayne Bay and Oleta River State Park, Florida’s largest urban park, to the west by commercial developments. It is notable as one of the largest residential projects ever planned on a former Superfund site and a demonstration of the excesses of the housing bust. The site also reflects one the largest write-offs in securitized mortgage history with a $196 million writeoff of an initial $200 million investment.
Read more about Biscayne Landing: Funding, Environmental Condition
Famous quotes containing the word landing:
“I foresee the time when the painter will paint that scene, no longer going to Rome for a subject; the poet will sing it; the historian record it; and, with the Landing of the Pilgrims and the Declaration of Independence, it will be the ornament of some future national gallery, when at least the present form of slavery shall be no more here. We shall then be at liberty to weep for Captain Brown. Then, and not till then, we will take our revenge.”
—Henry David Thoreau (1817–1862)