March 28, 2024

Real Estate

Florida's hospital construction trend rises to meet population growth

In 2024, Jupiter Medical Center and UF Health hope to open a “neighborhood hospital” with an ER, inpatient beds, operating rooms and other services in Avenir, a new residential development in northwest Palm Beach County — another sign of a boomlet in hospital construction in Florida. Read more »
Published on 12/28/2022

America's first solar-powered town relies on infrastructure after Hurricane Ian devastation

In the aftermath of Hurricane Ian, an estimated 2.7 million Florida homes and businesses lost power. For customers of LCEC, which provides electricity to more than 240,000 homes and businesses in hard-hit towns including North Fort Myers, Cape Coral, Marco Island, Pine Island and Sanibel, more than 90% of the utility's customers lost power. But about 20 miles west of where the storm came ashore, Babcock Ranch, which bills itself as “America's first solar-powered town,” has a different story to tell. None of its nearly 2,000 homes lost power. Read more »
Published on 12/14/2022

Ybor City's Gas Worx project plans to develop homes, retail and office space on former site of Peoples Gas

For the last several years, much of downtown Tampa's redevelopment focus has been on Water Street, the $3.5-billion, 70-acre mixed-use project from Strategic Property Partners, a partnership between Tampa's Jeff Vinik and Bill Gates' Cascade Investment. Read more »
Published on 11/23/2022

Easing other land-use regulations is a growing trend in Florida

Only Gainesville in Florida contemplates a city-wide elimination of the single-family zoning category, but a trend toward loosening other land-use regulations is growing. At the state level, the Legislature in 2020 mandated that affordable housing can be built in zoning categories including single-family, commercial and industrial. Read more »
Published on 10/31/2022

Affordable housing around Florida

Soaring housing costs are a hazard to Florida's economic growth, leading communities that want to sustain their workforce to respond with new initiatives. Luxury developers to non-profit agencies are stepping up with solutions — both in multifamily properties and individual homes — to address the statewide housing crunch. Read more »
Published on 10/25/2022

Lakeland's long-neglected railyards transformed into a recreational haven

In the 1880s, Lakeland's railyards were a busy hub of commerce, shipping Florida citrus and phosphate to cities and ports across the nation. By the 1980s, however, the railyards were mostly abandoned, the land cluttered by weeds and trash. Read more »
Published on 10/14/2022

Gainesville city leaders move to revise multi-family housing regulations

Florida is in the midst of a workforce housing crisis that is creating ripples across the wider economy. To ease the crunch in Gainesville, city leaders are moving to revise regulations on where multi-family housing can be built, and that's creating new controversies. Read more »
Published on 10/12/2022

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

Florida Icon: Alicia Cervera

I have done 48 major projects in Brickell. My daughter Veronica says: ‘Mother, when I see the skyline of Miami, I see your name.' Sometimes when I drive on the causeway and I look over at the city, I feel so much joy to see that we've been able to contribute to Miami becoming a global city. Read more »
Published on 8/11/2022

Central Florida's post-pandemic office market sees increase in leasing activity, upgrades to attract more employees

Local companies are leading the way in heading back to the office. Read more »
Published on 6/30/2022

Despite inflation and rising interest rates, Southwest Florida commercial real estate market expected to see growth

The Southwest Florida market is strong and expected to get stronger. Read more »
Published on 6/30/2022

Commercial real estate developer Chad Henderson of Pensacola-based Catalyst CRE, sees ‘immense growth', capital investment dollars 

Chad Henderson is founder and CEO of Pensacola-based Catalyst CRE, a commercial developer of health care properties throughout the U.S. Read more »
Published on 6/30/2022

High demand for industrial warehouse space in Polk County remains strong

The managing director of SVN Saunders Ralston Dantzler Real Estate says the demand for industrial warehouse space should remain strong. Read more »
Published on 6/27/2022

High demand for industrial warehouse space in Polk County remains strong

Polk County's warehouse market benefits from its location. Read more »
Published on 6/27/2022

Florida marina values on the rise

Integra Investments' purchase in September of Sea Isle Marina, one of the venues for the annual Miami boat show, highlights the wave of consolidation lifting marina values in Florida and nationally. Read more »
Published on 6/14/2022

Amid population boom, Northeast Florida rapidly positions itself as transportation and logistics hub

Supply chains are moving closer to buyers as employers reassess office needs. Read more »
Published on 6/9/2022

The curtain rises on the newest additions at the Dr. Phillips Performing Arts Center in Orlando

SPOTLIGHT Curtain Rises on Arts Center Additions The Dr. Phillips Performing Arts Center has unveiled Steinmetz Hall, an “acoustically perfect” concert hall, and will debut Judson’s, a cabaret-style space, in... Read more »
Published on 4/11/2022

St. Petersburg has first ever NFT home sale

INNOVATION Crypto Home A 71-year-old Gulfport house has sold at auction in a very 21st-Century way — as a non-fungible token (NFT). The bidding started at $650,000 for the four-bedroom,... Read more »
Published on 4/11/2022

Cutting edge profiles of Florida architecture from around the state

Winter Park Library & Events Center / Winter Park Architect: HuntonBrady Architects; David Adjaye of Adjaye Associates (lead designer) Winter Park unveiled its $42-million library and event center complex in... Read more »
Published on 3/14/2022

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

Venture Miami and FIU partner to aid minority-owned startups

To promote inclusion in Miami's technology industry, Miami Mayor Francis Suarez's Venture Miami organization is partnering with Florida International University to help female, minority-owned startups secure funding and grow. Read more »
Published on 3/8/2022

Limited inventory and soaring prices make owning beachfront property a tough sell for the working-class

What's true of real estate in general — limited inventory, soaring prices — is true of beachfront and then some... Read more »
Published on 2/21/2022

St. Petersburg improves its housing stock by transforming vacant lots into affordable housing

By dealing aggressively with the owners of dilapidated homes and vacant lots, St. Petersburg has improved its housing stock — and is transforming some vacant lots into affordable housing in the process. Read more »
Published on 2/21/2022

Skyrocketing prices dash dreams of owning waterfront property for many

What's true of real estate in general — limited inventory, soaring prices — is true of beachfront and then some... Read more »
Published on 2/13/2022

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Bitter-to-swallow cocoa costs force chocolate shops to raise prices
Bitter-to-swallow cocoa costs force chocolate shops to raise prices

Central Floirda chocolate shops are left with a bitter taste as cocoa prices hit an all-time high earlier this week.

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