Dear supporters,

We have now reached over 700 supporters — thank you for standing up to protect the Art Deco Historic District.

Your support continues to grow, and it truly matters.

While this effort is about preserving the broader district, it also directly impacts nearby residential buildings — including 1500 Ocean Drive, where many residents are seeking greater clarity.

At the same time, discussions regarding the proposed development at 1501 Collins Avenue appear to be ongoing, including meetings involving legal counsel, yet with limited visibility for many unit owners.

It has also been indicated that 1500 Ocean Drive and 1501 Collins Avenue may be interconnected — including at the lot or structural level — which makes these questions even more important for residents.

This situation is raising important questions increasingly shared by residents:

When a building is asked to give “consent” to a developer, does that consent carry financial value?

If so : 

Should there be an independent appraisal?
How is that value determined?
How is it disclosed to all unit owners?

If there is value, transparency is essential.

If there is no value, then an equally important question arises:

👉 Why would a building assume potential risks — including possible structural or long-term impacts — without a clear benefit to its owners?

These are general questions about how such situations are typically handled.

Residents have the right to be informed.

👉 To stay updated and follow this situation more closely, I invite you to join our Facebook page:

https://www.facebook.com/share/1QdZ8CNXvU/?mibextid=wwXIfr

I regularly share updates, insights, and developments as they unfold.

The more informed and connected we are, the stronger our collective voice becomes.

Thank you again for your support.

Ocean Drive Promenade Community Inc.

A resident-led initiative