Easton Land Purchase Has Speculators Talking
Written by Miami Today on November 11, 2004
By Sherri C. Ranta
Real estate veteran Ed Easton’s purchase of more than 800 acres of land west of the urban-development boundary is prompting speculation about his plans.
Mr. Easton is being quiet about what he intends to do with the property zoned agricultural along Krome Avenue from Southwest 136th to 152nd streets and at 162nd Street.
"We bought it for investment purposes. Like any other investment, I hope it goes up in value," he said earlier this week.
The land, north of the Redlands area, will continue to be farmed, Mr. Easton said. But current zoning does allow some residential construction without a shift in the development boundary.
Still, Mr. Easton’s deal ignited discussion about the often-contentious issue of moving the development boundary west. Any boundary change would require two-thirds vote by the Miami-Dade Board of County Commissioners.
Whatever Mr. Easton’s plans, a leading Miami-Dade County land expert says the Easton Group could utilize the existing agricultural zoning and develop ultraluxury residential homes on 5-acre parcels. Kendall-Tamiami Executive Airport is just minutes away from the property. The existing agricultural zoning also allows for a number of agricultural commercial uses such as nurseries and tree farms.
The Easton property is well north of the area proposed at one point for the incorporation of the Redlands – running south from Southwest 168th Street and 360th Street – said Patricia Wade, a resident leading a grassroots effort to incorporate the area.