Archives for the 'Commercial Real Estate' Category
Could Condos Rise Above The Vizcaya Museum
Thursday, February 22nd, 2007
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Miami city commissioners are still going ahead with a controversial construction project that would offer visitors from around the world who enter the Vizcaya musem a view of condos rising above its manicured tree-lined surroundings.
A proposed 300-unit luxury condo complex on nearby Mercy Hospital is steadily moving ahead but resistance is beginning to mount.
Vizcaya was [...]
Office project is so green it’s ‘platinum’
Wednesday, February 21st, 2007
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It’s as green as you can get.
Overture Development Group LLC of Celebration intends to build a 130,000-square-foot office building that would be rated a ‘Platinum Building’ — tops in environmentally sensitive development — by the U.S. Green Building Council.
The Conservatory, as the building would be known, is to be under construction in Celebration, in Osceola [...]
Scripps project moves ahead
Wednesday, February 21st, 2007
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Exactly a year after a divided Palm Beach County Commission approved the final siting of Scripps Florida in Jupiter, the ground’s been cleared, concrete columns have sprouted and officials are for the first time in years looking forward to the project’s completion.
‘It’s been a year, but there was so much work to do to get [...]
Rates Drop, Home Loan Applications Soar
Wednesday, December 6th, 2006
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Overall mortgage application volume increased 8.1 percent last week on a seasonally adjusted basis from the week before, inspired by a significant drop in interest rates, the Mortgage Bankers Association reported today.
The seasonally adjusted refinance index increased by 13.7 percent to 1,989.7 from 1,749.6 the previous week, and the purchase index increased by 4.9 percent [...]
Boca Resort Wins Approval for Plan to Redevelop Beach Club Property
Friday, October 6th, 2006
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Boca Raton · After years of battling it out, the Boca Raton Resort & Club and its neighbors on the beach called a truce, a move that should allow its owner to move forward with stalled redevelopment plans.
Resort officials are seeking city permission to build and renovate their Boca Beach Club property on State [...]
Palm Beach County delays biotech money decision
Wednesday, October 4th, 2006
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WEST PALM BEACH — Still bitter about the contract battle with Scripps, county commissioners Tuesday delayed committing $21 million to lure another California-based institute to Palm Beach County until more detailed contract terms can be ironed out.
County commissioners issued a one-week deadline for staff to negotiate with the Torrey Pines Institute for Molecular Studies, Boca [...]
Office Depot May Add up to 580 Jobs at New Boca Raton HQ
Friday, August 25th, 2006
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In what promises to be one of South Florida’s largest office deals, Office Depot is planning a trio of five-story mid-rises in Boca Raton, with an auditorium, cafeteria and outdoor dining area to house its headquarters, according to plans filed with the city.
Under terms of an incentive deal, Office Depot will keep the 1,750 jobs [...]
In Florida, a new convergence of real estate and insurance
Monday, July 31st, 2006
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For Coldwell Banker Residential Real Estate Inc., insurance might be a new edge to help it move houses.
On Tuesday, the state’s largest real estate broker will start offering its customers a broad palette of insurance, everything from homeowner’s to automobile, through NRT Insurance Agency Inc., part of Coldwell Banker’s parent company. This large-scale convergence of [...]
Commercial Real Estate Bright Spot in National Economy
Monday, July 10th, 2006
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Thursday, June 13, 2006
Healthy demand for space is driving commercial real estate markets with solid fundamentals and strong investment activity, according to the latest Commercial Real Estate Outlook of the National Association of Realtors®.
David Lereah, NAR’s chief economist, said fundamentals are improving with tightening vacancies. “Rent growth in commercial space is gaining traction, although there [...]
