New owners want to raze Las Olas Riverfront, replace it with condos and shops [South Florida] The new owners of Las Olas Riverfront — a $55 million bar-restaurant-movie complex on the river downtown — plan to demolish it. Deerfield Beach-based Boca Developers Inc. is considering tearing it down and starting over, city officials confirmed. Executives …
Category Archives: Commercial Properties
Neighborhoodtimes: 193 more apartments to go condo [South Florida]
Neighborhoodtimes: 193 more apartments to go condo The rental market is about to get a little tighter with the sale of a west-side apartment complex that will soon go condo. Fifth Avenue Apartments, at 5675 Fifth Ave. N, sold in the last two weeks for $16.5-million. The 193 units are still rentals, but the new …
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North Pointe drops policies [South Florida]
North Pointe drops policies [South Florida] North Pointe, a large commercial insurer, is pulling back its exposure in Florida, dropping about 40 percent of its policies. Already on edge as this year’s hurricane season gets under way, the state’s insurance market is about to get another shock. North Pointe Holdings, a large commercial insurance company, …
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It’s a renter’s market
It’s a renter’s market Sluggish sales, high prices and desperate investors are causing homes to lease for a fraction of what they would cost to own. This spring, Michelle Lewis and Rudolph Maragh of West Palm Beach were preparing to buy a condo when they took one last look at the local housing market. And …
Tax bill for zoo land nearly delinquent
Tax bill for zoo land nearly delinquent Your window of opportunity to be part owner of a zoo is fast closing. A fumbling of property tax payments on land under the Naples Zoo created a situation that could have allowed someone to step up, pay the delinquent amount and in turn receive a lien on …
Apartment project [Central Florida]
Apartment project [Central Florida] New Orange Court to rise downtown Construction is scheduled to start on the site of the former Orange Court Motor Lodge in Orlando. Demolition began Friday as a first step in the development of a $36 million apartment/retail complex on the site of the long-gone Orange Court Motor Lodge in downtown …