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Daily Archives: November 21, 2014

HomeFed looks to expand its investment in Panama City

Redevelopment NewsBy FRAstaffNovember 21, 2014

PANAMA CITY — Unlike the other developers, HomeFed/Leucadia is a publicly traded company on the New York Stock Exchange. The motivation behind its marina proposal is to protect its investment, which includes the entire city. HomeFed already has invested $65 million to buy the 700-acre SweetBay development site from the airport board. The plan for…

Great South’s approach is about jump-starting downtown Panama City

Redevelopment NewsBy FRAstaffNovember 21, 2014

PANAMA CITY — Great South President Jason Lewis wants to create a catalyst to drive future development downtown. “We are attempting to create a defacto ‘real estate gold rush’ of people fighting to get in on the ground floor,” Lewis wrote in the questionnaire responses to the Panama City Commission. “But this ONLY works when…

Top Panama City marina proposals more similar than different

Redevelopment NewsBy FRAstaffNovember 21, 2014

PANAMA CITY — If city commissioners decide Tuesday to select three developers to work together on a makeover of the Panama City Marina, it could be because the proposals are similar. At the Nov. 4 City Commission meeting, Mayor Greg Brudnicki wanted to combine the top three marina proposals — which for all indications are…

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