ORLANDO-Taylor Woodrow Communities, a Sarasota, FL-based subsidiary of London-based Taylor Woodrow plc, and U.S. Security Associates Inc. of Roswell, GA are accused of negligence on a road project near the home of 19-year-old Cory Erving in May 2000.
ORLANDO-Neighboring Orange County has been renting 160 beds costing taxpayers $22 per inmate per day for the past two years. Now, however, it has reduced its inmate count to 3,700 from 4,250 and no longer needs the extra space.
MIAMI-After seven years of negotiations, the largest land-holding company in South Florida has cut a deal with the federal government to give up drilling plans on land it owns in three Florida Everglades preservation areas.
ORLANDO-The Dallas-based company is accused of adding an energy fee of $2.50 to $3 per room night to guests' bills from February 2001 to December 2001 without disclosing the charge in advance. Wyndham is also settling a California class action suit over the same issue.
ORLANDO-It took NAI Realvest Partners Inc. broker Paul P. Partyka 14 months to do the deal but he finally engineered the $4.35 million sale ($117,568 per acre/$2.70 per sf) of a prime 37-acre parcel adjacent to the Cross County Seminole Trail Head near State Road 434 and State Road 417 (the Greenway) in suburban Winter Springs, FL, eight miles north of Downtown Orlando.
MIAMI-The 10-year, 23,381-sf contract for the entire 18th floor of the 19-story, 284,173-sf building in Downtown Fort Lauderdale, FL has an estimated aggregate value of $6.31 million based on a full-service quoted rent of $27 per sf.
ATLANTA-The Japan-based car maker creates up to 150 local jobs at its first American complex, a 35-acre, 108,350-sf property in Rome, GA, 60 miles northwest of Downtown Atlanta.
ORLANDO-Wendart Inc. is buying an 11.27-acre parcel from Winter Park, FL-based Chester C. Fosgate Co. just east of the Greater Hills subdivision for $1.47 million cash ($2.99 per sf). A Chrysler/Jeep showroom is planned.
ORLANDO-The 200-acre Cornerstone Office Park at LPGA and Williamson Boulevards, 50 miles north of Downtown Orlando, would have an estimated hard construction cost tag of $150 million. First-phase ground-breaking is planned for year end with occupancy by late 2003.
MIAMI-The Boca Raton, FL-based multifamily developer will pay 60 cents per common share June 30 to holders of record on June 14. The dividend is equivalent to an annual rate of $2.41 per share.