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MIAMI-The Florida Multi-Housing Group at CB Richard Ellis Inc. sells three multifamily properties totaling 881 units for $66 million or an average $74,915 per unit in the last five months.
MIAMI-The five-year-old, 272-unit, 400,000-sf Courvoisier Courts on Miami's chic Brickell Key sold for $226,471 per unit or about $154 per sf, the biggest shelter deal of the year to date in South Florida.
MINNEOLA, FL-This rural south Lake County municipality of 5,435 permanent residents, 25 miles west of Downtown Orlando, faces its largest development venture in 100 years by the Miami-based homebuilder.
ORLANDO-While Central Florida has no structures comparable to the two destroyed 110-story World Trade Center buildings in New York Sept. 11, area brokers, developers and constructors tell GlobeSt.com they expect tenants who need to be Downtown to remain there, even with the growth of new telecommunications tools.
ORLANDO-The most successful hotel operation in the United States is doubling its room count to 574 rooms this year at Walt Disney World to meet existing demand. The Army-owned and operated hotel, 99% occupied, is not open to the general public.
ORLANDO-Population and employment growth will keep retail humming in 2002 in Orlando and Tampa, even though tourism is expected to be flat. A power center shakeout is on the way.
ORLANDO-Country Fresh Inc. paid Jetport Park $103,000 or $19,434 per acre for 5.3 acres near Orlando International Airport where the firm plans to build a 45,000-sf center and double its workforce to 200 over the next 12 months.
ORLANDO-The nine-member High Speed Rail Authority tells the governor and his Cabinet the first Orlando-to-Tampa leg of the planned 200-mile five-city system will have to be built either along Interstate 4 or on a railway company's rights of way to meet the mandated November 2003 construction start deadline.
ORLANDO-The 34-year-old Columbia, MD-based residential developer paid Daryl M. Carter, Trustee and his investors $1.65 million cash for a 143-acre tract in Horizons West, just north of Walt Disney World.
WILDWOOD, FL-Diana and James Couillard expect to break ground this month on Dibarco Haven, an estimated $16 million, 200-unit gated townhome community a half mile east of Wildwood, FL and 65 miles northwest of Downtown Orlando.