This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Miami Beach City Leaders Join Aimco Representatives To Officially Open A 1/3 Mile Section Of The Baywalk To The Public

Stocks in this article: AIV

MIAMI BEACH, Fla., May 21, 2013 /PRNewswire/ -- In partnership with the City of Miami Beach,  Apartment Investment and Management Company ("Aimco") (NYSE: AIV) today opened a new section of the Baywalk to the public, along the Western waterfront from 5 th Street to Lincoln Road.  The ribbon-cutting ceremony in the bayside courtyard of Flamingo South Beach Apartments not only officially expanded the Baywalk to the citizens of Miami Beach, but also signified a new partnership between Aimco and the City.

(Photo: http://photos.prnewswire.com/prnh/20130521/LA18511-a)

(Photo: http://photos.prnewswire.com/prnh/20130521/LA18511-b)

(Logo: http://photos.prnewswire.com/prnh/20120417/LA89203LOGO)

"Today we are pleased to open the gate to a significant portion of the Baywalk and to publicly show our support for the City's goal of enabling citizens and visitors to enjoy the beauty of Biscayne Bay along a signature promenade," said Aimco Executive Vice President John Bezzant. "Our substantial investment in this new section of the Baywalk will enhance the living environment for our Flamingo South Beach residents, and provide them with further access to wonderful nearby amenities.  We encourage other bayside property owners to join us in making the City's vision a reality."

"As part of the city's Atlantic Greenway Network, it is the city's vision to have a network of alternative and sustainable modes of transportation that interconnect," said Miami Beach City Manager Jimmy L. Morales. "This public Baywalk will not only provide an additional connectivity, but it will also provide spectacular views for the public to experience."

Aimco began planning its Baywalk project in 2009.  In addition to building a 1/3 mile public walkway, it includes the construction of a seawall that offers Flamingo South Beach residents magnificent views of the Bay while maintaining privacy and security. The new Baywalk project also provided Aimco the opportunity to expand its outdoor amenities, enhancing two pool areas with larger decks, outdoor kitchens and dining areas.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs