Related Ross, one of West Palm Beach’s most prominent developers, is asking the city for $1.5 million to build a Mediterranean restaurant.
The proposal would give taxpayer money to a company owned by billionaire and Miami Dolphins owner Stephen Ross while they are developing luxury condominiums across the city.
WATCH: Developer eyes property on Rosemary Avenue
West Palm Beach developer asking city for $1.5 million to build restaurant
According to documents WPTV obtained from a public records request, the company is asking the city for 12% of the project’s estimated budget because the property “requires extensive rehabilitation with costs that cannot be immediately recovered by simple rent collection.”…