The 35-story SunTrust Financial Centre in downtown Tampa has been sold to Highwoods Properties, a Raleigh, N.C., company. The company announced in a news release Wednesday that the acquisition is a $124 million investment, 40 percent below estimated replacement cost. The 528,000-square-foot building is currently 89 percent occupied, though some pending departures will bring that…
DetailsLYNN HAVEN — The Lynn Haven Commission parted ways with its downtown improvement organization, Main Street, at a special meeting Tuesday, voting unanimously to dissolve the nonprofit corporation. The disbandment of Main Street, however, will come with the creation of an advisory board to carry a similar mission, without a nonprofit designation or city-crafted budget.…
DetailsLove the downtown Delray lifestyle? Want to be where the action is? Then consider buying a condo at 111 First Delray, a 70-unit condo planned for just south of sizzling Atlantic Avenue. The 111 First Delray condo is planned for Delray Beach. (Provided) Better bring your checkbook: This condo, with its neo-modern design and upscale…
DetailsIn just a year or two, downtown Pensacola will have a new look, thanks in large part to a building boom that includes a $50 million, 260-unit apartment and retail building planned for the former Pensacola News Journal site. The site at the corner of Jefferson and Romana streets is being developed by Studer Properties and should be…
DetailsTo Jeff Vinik’s list of big ambitions for what he now describes as a $2 billion project near downtown Tampa, add this: To create the world’s first city district designed to make those who live and work there more healthy. Vinik on Tuesday unveiled a partnership to do that with Delos, a New York-based real…
DetailsSarasota city officials, who struggled for months to find some way to persuade the County Commission to extend the city’s Community Redevelopment Agency, got their response suddenly last Tuesday. With little attention, the commission voted unanimously to stop funding the 30-year-old agency by September 2016. The CRA takes the part of tax revenues resulting from…
DetailsCasselberry commissioners tonight approved major parts of a plan to transform a vacant strip of land into a city center complete with luxury apartments and a lakeside promenade. The village plan, which calls for building four apartment buildings alongside walking trails and restaurants, has been in the works for more than a decade. The project…
DetailsAt a time when a growing number of Winter Park homes are being purchased and torn down, the city is exploring the possibility of asking the homeowners to take a cooling- off period in an effort to save more homes. The idea was proposed by a citizens committee that helped draft a new ordinance on…
DetailsThe frustration experienced by Blackwater Resources in working with the city of Tallahassee over the redevelopment of the former Tallahassee Mall site is, unfortunately, an old song for many local businesses, and the lack of a noise ordinance is just a symptom of a much bigger problem. Discretion in the local regulatory process has delayed…
DetailsLYNN HAVEN — The organization charged with reviving the downtown area may soon be a thing of the past, as Lynn Haven commissioners are set to consider dissolving the nonprofit at a special meeting. At a meeting Thursday, the volunteer Lynn Haven Main Street corporation moved to recommend the commission nix the organization and instead…
DetailsBRADENTON — The proposal to develop a community policing plan for downtown Bradenton is garnering a wider audience. Tightening downtown security has the attention of Manatee County officials, the Bradenton Downtown Development Authority, the Manatee Chamber of Commerce, downtown businesses and other agencies. While Old Main Street has its nightlife issues, the predominant point of…
DetailsThe car dealer planning to buy Homestead’s decrepit, city-owned bowling alley and turn it into a state-of-the-art Hyundai outlet was grilled by angry members of the City Council late Thursday, who said he was changing the plan he had agreed to just five months earlier. Jay Rivchin, the operator of Dadeland Dodge, wanted the council…
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