ORLANDO-New figures released by Orange County comptroller Martha Haynie show anticipated tourist development tax revenue in 2001 wasn't enough to cover the debt load for the one million-sf, $748 million expansion of the four million-sf meeting and exhibition complex.
ORLANDO-Markeplace Advisors Inc. president David W. Marks estimates the high-end retailers will need to generate $400 to $500 per sf in sales at the 1.3 million-sf, 405-acre, $250 million Mall at Millenia scheduled to open in October in south Orlando.
ORLANDO-The former executive at Pizzuti Cos and Vantage Co. is senior vice president of Crow's development services team and reports to Bob Abberger, managing director for the firm's statewide development program.
MIAMI-Holliday Fenoglio Fowler's Boca Raton office arranged a $56 million acquisition loan for the buyers from GE Capital Access but didn't disclose the purchase price, the buyer's headquarters or the seller's name.
CLERMONT, FL-The most controversial mixed-use development venture in Central Florida in 10 years reaches another peak next Tuesday at the regular Lake County commissioners session in Tavares, FL.
SANFORD, FL-The Seminole County Port Authority board votes this week on giving port director Dennis Dolgner a 35% annual salary hike to $127,036. Dolgner, 60, has run the 120-acre, 54-tenant industrial park for 24 years with a staff of two--himself and his wife.
ORLANDO-Fourth-quarter net absorption of 62,069 sf is at a three-year low in a 30.3 million-sf market as property owners of class A and class B assets increase concessions to keep 14% vacancies in check.
ORLANDO-The 25-year-old Corporate Investment International broker will receive her Certified Business Intermediary designation at the International Business Brokers Association's biannual June conference in New Orleans.
MIAMI-Owner T-Rex Capital of New York has the seven building Pentagon-styled complex 70% rented but wants a higher occupancy for the two million-sf, 532-acre former IBM property that has 1 1/2 miles of frontage on Interstate 95.
ORLANDO-Theme park executives will be pitching their space this week at the annual Sundance Film Festival in Salt Lake City, UT where they hope to sign leases for their Orlando properties.