Miami

MIAMI-WestCity Properties hopes to get city approval this month to build Palmetto Park, consisting of 200 apartment units, 110,000 sf of office space and 7,500 sf of retail space on 9.44 acres.

ORLANDO-Groveland officials await a mid-October clash with environmentalists and local activists who oppose local growth plans. The municipality hopes to double the population and create more commercial, retail and residential space in the historically rustic area 25 miles west of Orlando.

MIAMI-The price of the 29-year-old, 183-unit project in Plantation, FL, equates to $48,907 per unit. The project, originally built as a condominium community, has one- and two-bedroom units and is approximately 95%-occupied.

ORLANDO-The triple-B rating from triple-B-plus comes as the New York-based bond-ranking agency worries the sale of the county's refunding revenue bonds could be affected by the civil lawsuit Lake has filed against Fairfield, NJ-based Covanta Energy Corp. to regain control of the 13-year-old, 100-acre incinerator complex near Okahumpka, FL.

ORLANDO-Osceola Circuit Judge Jeffords D. Miller has ruled the 50-member Orlando/Kissimmee Hotel Motel Association can't interfere with contract negotiations the county is having with Orlando-based Xentury City Development Co. to erect a $100 million, 500,000-sf convention center on Osceola Parkway and International Drive South, minutes from Walt Disney World.

MIAMI-Locally based Alliance Construction LLC is constructing the 10-garden style, 204-unit community at 11900 NE 16th Ave., North Miami, FL. The hard construction cost is $10.3 million or $50,490 per unit.

MIAMI-Chicago-based Huron Ft. Myers LLC received an average $59,753 per unit for the 90%-plus-occupied properties in Ft. Myers and Naples, FL. Holliday Fenoglio Fowler brokered the transaction.

ORLANDO-In Central Florida's biggest office deal of the year, Inland Real Estate Acquisitions Inc. of Oak Brook, IL paid an estimated $88 million for 440,000 sf of class A space in three of the four existing office buildings at the 109-acre Celebration Place Office Park in Celebration, FL, 20 miles south of Downtown Orlando.