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June 18, 2018

Wednesday's Daily Pulse

What you need to know about Florida today

| 4/19/2017

Citrus growth path uncertain as Florida real estate surges

After the bust of 2008, the state is back on a growth track and the economy is heating up. In general, 2017 looks bullish for real estate. Citrus groves located in the path of growth are highly desirable for commercial or residential real estate. Groves located in the historic farming districts of Southwest Florida, could be developed into other crops. [Source: Growing Produce]

Florida is apologizing for misdeeds in its past

The Florida House is formally apologizing for decades of abuse at a north Florida reform school and to the families of four young black men accused of raping a white woman 68 years ago in what’s now seen as a case of racial injustice. [Source: AP]

Time to take immediate action on Everglades, says Florida TaxWatch

Continued inaction on the Everglades problem will be a detriment to taxpayers and the future of the state, says the latest report from Florida TaxWatch. The organization finds that if the state does not find a solution to the algae blooms and other problems from diversion of water from Lake Okeechobee, the state, tourism industry and the overall economy would lose millions in revenues, not to mention the negative health and environmental impacts. Full story here.

Lenny Curry vs. Pat Neal for Florida CFO

Jacksonville Mayor Lenny Curry and Manatee County developer Pat Neal, in that order, are widely seen as Rick Scott's most likely picks for Chief Financial Officer -- a stepping stone away from governor -- after Republican Jeff Atwater steps down after the legislative session ends. [Source: Tampa Bay Times]

Opinion: BP restoration process just getting started

Between now and 2031, Florida will receive approximately $74 million dollars a year, the result of BP’s Oil Pollution Act fines and Clean Water Act civil penalties, which come to us via the RESTORE Act. [Source: Pensacola News Journal]


› Jacksonville awarded NCAA men’s basketball regional for 2019
The NCAA on Tuesday awarded a Division I men’s basketball regional to Jacksonville for 2019, the fourth time since 2006 that the city has been a part of March Madness.

› Space Coast realtors group begins headquarters project
The Space Coast Association of Realtors 15,266-square-foot headquarters will combine two sites the organization has operated from since the 2013 merging of the Melbourne Area Association of Realtors and Space Coast Realtors into the Space Coast Association of Realtors.

Petsmart and Chewy

› PetSmart acquiring Dania Beach-based online pet supply retailer
PetSmart, the nation’s largest pet supply retailer, on Tuesday announced it is acquiring Dania Beach-based, an online-only pet retailer.

› Florida Railroad Museum plans $3 million expansion
Already averaging 80,000 passengers and grossing about $1.7 million in sales annually, the Florida Railroad Museum expects to continue to grow in popularity and expand its offerings.

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Florida power plant cooling towers implode
Florida power plant cooling towers implode

Two 462-foot-tall cooling towers were imploded simultaneously at St. Johns River Power Park in Jacksonville.


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