The proposed bill introduces new provisions for the adaptive reuse of land in Florida by creating sections 125.01056 and 166.04152 in the Florida Statutes. It mandates that counties and municipalities permit multifamily and mixed-use residential developments in areas currently zoned for commercial or industrial use, while exempting developers from certain zoning and land use regulations for approved adaptive reuse projects. The bill also requires local governments to streamline building permit processes, reduce parking requirements under specific conditions, and offers tax exemptions and reductions in impact fees for developers of affordable housing units within these projects. Additionally, it establishes the Adaptive Reuse Public-Private Partnership Council to oversee and evaluate these initiatives.

Moreover, the bill introduces section 125.01057, which allows county commissioners to adopt ordinances for transitional housing, detailing eligibility criteria and requirements for qualifying properties. The council created under section 163.32025 will facilitate the evaluation of adaptive reuse projects, ensuring compliance with state and local laws while promoting economic revitalization and affordable housing. The bill also allows municipalities to authorize hotels or motels to operate as transitional housing without requiring zoning changes or special approvals. It mandates local governing bodies to expedite building permits for approved projects and outlines specific criteria for transitional housing, including minimum unit requirements and essential living space design elements. The act is set to take effect on July 1, 2025, and includes provisions for future repeal unless reviewed and reenacted by the Legislature by October 2028.