April 19, 2024

Northwest Florida Roundup

Roe to go: A south Florida company builds a caviar operation in Jackson County

Carlton Proctor | 10/26/2017

Business Briefs

CARRABELLE — Chicagobased investment firm MJM Carrabelle has bought the St. James Golf Resort for $3.25 million. The complex includes the golf course, pro shop and Crooked River Grill, 57 single-family lots and sites suitable for condo development.

DESTIN — Howard Group, a Miramar-based development company, is building an 84- room, five-story Hyatt Place hotel in Sandestin that’s expected to open in late 2018.

PENSACOLA — The University of West Florida has sold Scenic Hills Country Club and its 150-acre golf course for $1.1 million. It bought the property in 2012 for $2.2 million. The property was purchased by a limited liability company comprised of residents of the Scenic Hills neighborhood. The city’s Community Redevelopment Agency has approved developer Robert Montgomery’s plan for a $35-million condominium and retail development on a 2.2-acre site known as the Hawkshaw property adjacent to Gulf Power’s headquarters. The Florida Institute for Human & Machine Cognition says it will seek to develop a marine research facility at the Port of Pensacola. Randy Hammer, a spokesman at the institute, says the institute is in the process of applying for funds from Triumph Gulf Coast, the nonprofit corporation created to oversee the distribution of $1.5 billion in economic damage funds recovered by the state as a result of the 2010 Deepwater Horizon oil spill. Pensacola developer Quint Studer has bought a 20% stake in Two Hundred Garden West, a property owned by attorney and developer Jim Reeves. The five-acre site in downtown Pensacola was acquired from the Escambia County School District for $3.4 million. Reeves says initial plans are to develop the property as mixed-use retail and residential.

TALLAHASSEE — An additional 3,300 apartment units are either under construction or at various stages of permitting, says the Tallahassee- Leon County Office of Economic Vitality. Seven apartment complexes, with 883 units, are scheduled to be completed by late fall.

Players

Former Florida Senate aide Susan Skelton has been hired as executive director of Triumph Gulf Coast. Triumph is the non-profit corporation that’s overseeing the distribution of funds recovered by the state as a result of the 2010 Deepwater Horizon oil spill.

Chase Christianson is Capital Regional Medical Center’s new COO. He formerly was an executive at Kingwood Medical Center in Texas.

See other stories from Florida Trend's November issue.

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Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive
Giant domino line of cereal boxes falls to celebrate Cereal for Summer Drive

About one thousand cereal boxes were lined up by Achieva Credit Union employees in honor of the donations.

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