The complications of moving the bike path to the south were fairly extreme. And, in all honesty, I really have a lot of sympathy for the people who own property on the south side. Many of these people bought their piece of heaven in the fifties, and have had their property chipped away by hurricanes and development ever since.
That being said, my thoughts still lean towards re-routing the bike path down Grove Street, or creating a grand, showpiece flyover bike and pedestrian bridge. The Gateway to 30-A! Just dreaming...