Friday's Afternoon Update
What you need to know about Florida today
Shutdown delays federal tax refunds
The Internal Revenue Service is pushing back the start of the federal income tax season until at least late January. That means tax refunds will be delayed, as well. Blame it on the partial government shutdown earlier this month. [Source: South Florida Sun-Sentinel]
IN CASE YOU MISSED IT
The condo boom in Miami-Dade County crushed construction of rental apartments, and investors who purchased apartment buildings did so in order to convert them to condos. The county’s inventory of rentals plunged.
Once the bust began to clear, however, demand soared for rentals, vacancies plummeted and rents began to rise.
Port Everglades expansion announced
Port Everglades is expanding as part of a project to help ports around the country accommodate vessels after the Panama Canal is widened in 2015. Earlier this month, Gov. Rick Scott said he will push for nearly $35 million to make improvements to Port Everglades and two other ports in budget proposals next year.[Source: AP]
Publix to sell 14 Pix locations
Publix Super Markets is selling Pix, the fuel and convenience store concept it began testing in 2001. The Lakeland grocery chain has 14 Pix stores in Publix-anchored shopping centers in Florida, Georgia and Tennessee, including one at 10809 Starkey Road in Seminole. [Source: Tampa Bay Times]
» FRIDAY PREVIEW: Coming next week to FloridaTrend.com:
- Manufacturing: Not Made in China: Some Florida companies are moving their manufacturing operations back to the Sunshine State.
- Made in Florida: From “black” boxes to recreational submarines; manufacturing in Florida by the numbers.
- Green Trends: Slow PACE: A program the state approved three years ago makes it easier and cheaper for consumers and businesses to pay for energy-efficiency retrofits.
- Florida Lifestyles: Rise of the pastry chef; skydiving execs.
» You'll find all these stories first on the Daily and Afternoon Pulse e-mails.
In case you missed it: