June 5, 2023

Southeast

A Sign of Things to Come?

In a signal of just how much South Florida remains in demand and that investors are betting on a return of business convention travel, a joint venture of Credit Suisse Asset Management and Hawaii-based Trinity Real Estate Investments purchased the 1,000-room Diplomat Beach Resort in Hollywood for $835 million from New York-based Brookfield Asset Management. Read more »

Published on 5/25/2023

Name Game

Broward's seaport is one of the three busiest cruise ship home ports in the world. It ranks among the nation's leading container ship ports and is South Florida's main seaport for gas, jet fuel and alternative fuels. Some 7,000 people work at companies that provide direct services at or to the port. Read more »

Published on 4/20/2023

Bionic Hands

Florida Atlantic University engineering and computer science college researchers received $1.2 million from the National Science Foundation to improve the functioning of prosthetic hands. Current prosthetics allow only one grasp function to be controlled at a time. Read more »

Published on 3/21/2023

Paddleboarding for a Cause

At age 4 in 2011, Piper Suits was diagnosed with an aggressive form of cystic fibrosis, a genetic disorder affecting the lungs and other organs. Read more »

Published on 2/21/2023

Southeast Florida's economic forecast for 2023

“Most people don't realize the University of Florida has made two big plays in our county. The University of Florida is going to take 12 acres in the heart of downtown West Palm Beach for a graduate school in data analytics, cybersecurity, AI, aviation and aerospace. The second area the University of Florida has taken over is the Scripps Research Institute — to really build out that cluster the way we envisioned in 2004. Read more »

Published on 1/1/2023

ChemTech opens plant in Fort Pierce to showcase environmentally friendly wood treatments

Lumber treatment company ChemTech opened an eight-employee plant in Fort Pierce to showcase to sawmills, lumber dealers and others its “environmentally friendly” protective treatments for soft woods, plywood and engineered wood. Read more »

Published on 12/15/2022

FPL's first-ever commercial drone helps quickly identify and restore power outage issues

FPL has launched the first-ever commercial, fixed-wing drone of its scale designed to capture high-quality images and videos of its infrastructure and thousands of miles of power lines. Read more »

Published on 11/28/2022

SMG Delivering Data gathers infrastructure data for utilities

For 12 years, Hadley Doyle-González and her pilot husband, Jorge, ran a business based in Palm Beach County towing airplane banners. That led them to the idea of using their flight skills and manned and unmanned aircraft — she's a drone pilot — to gather infrastructure data for utilities. Read more »

Published on 10/31/2022

Celebrity real estate developer wants to develop land in Martin County

If a developer's customers include global celebrities, it makes sense to call in the big names when seeking approval in growth-adverse Martin County. Read more »

Published on 9/19/2022

Palm Beach homeowners wanting renovations and new construction face challenges with Architectural Commission

Like a lot of people in the pandemic, Sylvester and Jennifer Stallone came to Florida and bought a home. The house they purchased via a trust has five bedrooms, six full baths, 10,539 square feet under air, an elevator and key-shaped pool. It sits on a one-acre lot fronting the Intracoastal near the northern tip of the island of Palm Beach. Read more »

Published on 8/31/2022

West Palm Beach-based SYN Ventures raises $465 million to invest in cyber-security companies

Jay Leek and Patrick Heim bring impressive resumes to their West Palm Beach-based SYN Ventures, which has raised $465 million in two funds to invest in cyber-security companies. Read more »

Published on 8/30/2022

The Denison family ends 70-plus years of ownership legacy with sale of Fort Lauderdale yachting business

SPOTLIGHT End of an Era Sale ends 70-plus years of family’s yachting ownership in South Florida. For more than 70 years, one or another member of the Denison family has... Read more »

Published on 7/31/2022

Digital Twin Marine creates virtual ship models with 360-degree and laser-scanning cameras

Nicky Bruger and her husband Tom worked side-by-side in the pandemic from their Fort Lauderdale home — she in construction management and he as a ship surveyor, akin to a home inspector for ships. One day, he saw her using a digital model of a job site to plan work. “He was like, ‘Why don't we do that for ships?' ” Read more »

Published on 6/21/2022

Couple's nausea-easing candies are infused with natural oils - including CBD

Tracy Ernst got the idea for her nausea-easing candies after seeing a friend with cancer battle the side effects of chemotherapy. An avid cyclist, she was riding solo one day when an image of the friend came to mind. She says she later received a “divine message to make hard candies with essential oils.” Read more »

Published on 5/31/2022

St. Lucie County gets a green light to reorganize its foreign trade zone

The foreign trade zone in St. Lucie County sat largely dormant for the 26 years since it was created, covering the Treasure Coast Airport near Fort Pierce and three nearby parcels. This year, the county received federal approval to reorganize the zone to allow expedited designation of sites for companies ready to conduct trade-zone activity such as manufacturing. The zone was expanded to include all of St. Lucie, Indian River and Okeechobee counties... Read more »

Published on 5/31/2022

A one-stop shop for boat buyers

INNOVATION One-stop shop for boat buyers Entrepreneurs Bryan Lenett of Hallandale Beach and Michael Muchnick of Aventura founded TreatMD, a telemedicine company later acquired by GlobalMed. Both boaters, they launched... Read more »

Published on 4/21/2022

Locality Bank in Fort Lauderdale stands out for being a rare bank startup

Locality Bank founders see an opening in the market. Read more »

Published on 4/20/2022

UF acquires Scripps campus, absorbs 500 researchers and staff

In 2003, the state under then Gov. Jeb Bush began a life-sciences recruitment spree by using $310 million in state money to lure California-based Scripps to open a Florida campus. Read more »

Published on 3/9/2022

Infrastructure: Critical strategies Florida can implement as it grows

Florida is projected to gain 2.5 million new residents by 2030. Here's what that means for schools, roads, homes and other infrastructure needs Read more »

Published on 3/8/2022

CarLife connects car dealers with photographers

Even with a shortage of new and used vehicles, dealers still find it helpful in selling autos to get a magazine-quality photo or commercial video of the actual vehicle out on social media rather than stock images... Read more »

Published on 2/21/2022

A snapshot of Florida

Industries across the state are reporting robust activity — some are surpassing pre-pandemic levels of growth. Read the full regional reports - Miami • Southeast • Southwest • Central •... Read more »

Published on 1/17/2022

Southeast Florida's economic forecast for 2022

“I see a few storms on the horizon. The amount we're paying for labor is escalating at an exponential rate. You have the supply chain issues. We used to try to squeeze every nickel out of the supply chain. Now, it's not about the money..." Read more »