FORT LAUDERDALE, FL-First it was the city cracking down on proposals for mega high-rise Downtown buildings. Now a Federal agency is getting into the act on grounds that such projects could compromise radar control of air traffic heading into the local airport.
MIAMI-Terremark Worldwide's Fortune House Hotel is adding an interactive information and entertainment system. The Network Connection of Philadelphia will be providing the local five-star property's newest guest amenity.
MIAMI-Locally headquartered Benihana Inc., operator of the country's largest chain of Japanese restaurants, reports strong first-half financial results. The gains came in the midst of the largest expansion in the company's 36-year history.
PEMBROKE PARK, FL-Bristol Group Inc., whose investors are supposed to be four of the nation's 20 largest pension funds, now has a South Florida presence with a fast-growing industrial park.
HALLANDALE BEACH, FL-The owner of two large sites in this south Broward County community feels stymied in developing them by highly restrictive building regulations. But indications are the city may be ready to revise codes written 30 years ago.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment. If they succeed, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country.
MIAMI-Even though the market has added some 4,000 rooms in the last two years, local hotel occupancy and daily rates continue to rise, says the Greater Miami Convention & Visitors Bureau.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment, according to published reports. If they achieve that, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country, say industry sources.
FORT LAUDERDALE, FL-National architects Dorsky Hodgson + Partners have expanded Florida operations in relocating offices from suburban Coconut Creek to this city's Downtown area and adding Victor K. L. Yue as a principal.
FORT LAUDERDALE, FL-Omni Equities Ltd. is reported to have purchased a 1.75-acre of land Downtown for about $9 million to develop a 42-story apartment or condominium tower. The seller owned the site for less than a year and flipped it for a $1 million profit.