The CEO of Wegmans Food Markets didn’t realize his company would be going head-to-head with Publix Super Markets Inc. in Virginia. CEO Danny R. Wegman told the Richmond Times-Dispatch that his father, Robert Wegman, had a good rapport with George W. Jenkins, the founder of Lakeland-based Publix. Wegmans, which is based in upstate New York…
The Miami Green office building traded for $39.2 million six years after it was seized in foreclosure. The 13-story office building just west of the Douglas Road Metrorail Station was sold by 3150 SW 38th Avenue – Miami LLC, an affiliate of iStar Financial (NYSE: NYSE). The buyer was JB Green Estate LLC, an affiliate…
Fort Lauderdale officials will consider plans for a new Holiday Inn Hotel on Federal Highway and a Cubesmart self-storage facility. Both items will go before the city’s Development Review Committee on Tuesday for staff feedback. Waterstone Holiday Inn, an affiliate of Bal Harbor Islands-based Waterstone Capital led by Richard Waserstein, proposed the 142-room hotel at…
Wynwood and a mosquito Blaming non-stop media coverage of the first locally transmitted Zika virus outbreak in the nation, the Wynwood Business Improvement District, or BID, wants to seek government funds to compensate area businesses for lost revenue, hire more healthcare workers to test local residents and people who work in the neighborhood, and for…
Construction sites can be fertile breeding and feeding grounds for mosquitoes, and with the Zika virus in part of Miami while dozens of projects are underway, that has raised significant concerns. The CDC has warned people that Zika could be transmitted by mosquitoes in a one-square-mile area including the Wynwood and Midtown neighborhoods, and part…
Ohio State University hydro-geologist Audrey Sawyer said only a minor amount of seawater will make drinkable water undrinkable. The journal Science published a new study showing 9 percent of U.S. coastal areas are susceptible to a contaminated underground mix of fresh water and salt water, including southeastern Florida. The study features the first map of…
A developer has proposed a medical office building on land owned by the Hallandale Beach Community Redevelopment Agency. HBC Medical Center would total 25,089 square feet in three stories at 411 N. Dixie Highway. The city’s Development Review Committee will consider the proposal on Aug. 8. It would also require city commission approval. The development…
Mosquito 1. Gov. Rick Scott says portion of Wynwood clear from Zika [Miami Herald]2. Majority of units have closed at Brickell City Cenre’s Reach condo tower [The Next Miami]3. Without Freddie and Fannie, could 30-year mortgage be a thing of the past? [Miami Herald]4. Rick Case donation helps Habitat for Humanity’s 77-home Pompano project [Sun Sentinel] — Sean…
Redevelopment recently started at the Publix-anchored Aventura Shopping Center on the outskirts of the Aventura Mall. Jacksonville-based Regency Centers (NYSE: REG) tore down the 43-year-old retail center at 2952 Aventura Boulevard and has started rebuilding with a new configuration. It will have separate buildings instead of a solid block of space. The 95,190-square-foot center should…