Archive for June 2020
Here’s why evictions are headed to Park Avenue
An eviction lawsuit in Winter Park’s high-end Park Avenue shopping district may be a signal more are coming, experts say, as the pandemic continues to dampen sales for retailers across Central Florida. Winter Park-based landlord Lulu I LLC has alleged its lessee Roia Inc. — which does business as cosmetics shop Elevatione at Winter Park…
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Here’s how Orange County will safely drive traffic to local businesses
Orange County Mayor Jerry Demings on June 26 unveiled a new effort the county and several local organizations have undertaken to emphasize safety at local businesses. Demings announced the “Safer, Stronger, Together” campaign during his 2020 State of the County Address. The marketing initiative was created with input from the Orange County Economic Recovery Task Force, Visit…
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Realtors’ CEO: Real-estate market is on the rebound | Commentary
The word “recession” conjures up thoughts of foreclosures, for sale signs and half-constructed neighborhoods. We are living in uncertain economic times once again, triggering memories of 2008. But unlike the Great Recession, this is a medical crisis — not a real-estate crisis. Now is not the time to panic, but to understand the landscape and…
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Economy’s next big problem: Managing bad loans
For the most part, the U.S. economy has been in emergency mode for the past three months – with the government printing money to keep the wheels turning. The pandemic unleashed a series of debilitating blows that clearly has crippled the economy and forced billions of people across the world to adjust their behavior when it…
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Disneyland’s reopening delayed, but Disney World plans still on schedule, company says
Plans to reopen Disneyland Resort in California have been postponed. But, the schedule for the phased reopening of Walt Disney World has not changed, a Disney World spokeswoman said Thursday. Disney had proposed reopening Disneyland theme park and sister attraction Disney California Adventure on July 17. But, Wednesday evening, the resort announced that the state…
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Orange County aims to equip another 10,000 small businesses with PPE
ORANGE COUNTY, Fla. — Orange County will be giving out another round of free personal protective equipment to small businesses. The offer comes five days into the new mask mandate that requires most people to wear face coverings in public and is the second PPE giveaway the county has offered for small businesses. Inside the kits,…
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$213.2M worth of housing proposed in popular area
A 3.5-mile stretch along U.S. Highway 17-92 in Seminole County has attracted sizable development interest in recent months. Three proposed projects totaling more than 1,100 apartment and townhome units may bring more residents to this area, furthering demand for more retail and other services. These projects combined may cost more than $213.2 million to build,…
Read MoreTwo new solar farms to deliver power to six Florida cities, including Orlando and Kissimmee
Six Florida municipal utilities, including those in Orlando and Kissimmee, are joining the growing number of power companies able to provide their customers with solar power, a cleaner source of energy. By the end of June, two of five new solar farm sites, the Harmony Solar Energy Center in St. Cloud and the Taylor Creek…
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5 ways home design may evolve due to COVID
It’ll have an extra study, better energy efficiency and designated places for grocery delivery. This is a glimpse into the possible home of the near future thanks to COVID-19 — the ongoing pandemic that has kept Americans in their homes since March. And that might not be changing anytime soon, as a study by real…
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Orlando Is America’s Top Travel Destination—How Hard Has Its Real Estate Market Been Hit?
Each year, tens of millions of people arrive from all over the world to visit Orlando, FL. The twin titans of Disney World and Universal Studios entice folks to flock to Central Florida. But this year, of course, is very different. Tourism in the Orlando region, America’s top tourism and vacation spot, ground to a standstill…
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