May 14, 2024

Thursday's Daily Pulse

What you need to know about Florida today

| 7/6/2023

› Autos to take back seat in downtown Miami transportation plan
In a year or so a new transportation master plan should help speed more mobility in downtown Miami for the decades ahead. Automobiles take a back seat in the plan’s aims, with pedestrians at the forefront. A $170,000 study upon which to base the plan won unanimous Transportation Planning Organization approval with aims far broader than the most recent plan for the area, which was drawn in 2003 in vastly different times for a vastly different downtown.

› Toronto-based First Gulf plans $50 million investment in first U.S. industrial park in Westlake
Toronto, Canada-based First Gulf expects to buy West Jacksonville property the first week of July to develop its first U.S. industrial park at an anticipated investment of more than $50 million. “We are exporting our industrial development platform, and we’ve chosen Jacksonville to be our first market,” said Roman Brailovski, First Gulf vice president of strategic initiatives and operations and the lead on its U.S. expansion, on June 27.

› Benderson Development plan calls for "adaptive reuse" of Sarasota County headquarters
The first move to redevelop the aging Sarasota County administrative offices in downtown Sarasota has been launched through a filing with the city's Development Review Committee, as the company that purchased the 5.3- acre site moves toward an "adaptive reuse" of the county's long-time headquarters. Construction crews may not be swarming the property until at least late 2025 as Sarasota County officials build a new county headquarters.

› These banks have closed the most Central Florida branches so far this year
Four national banks lead those that have closed or announced the closure of the most branches in Orlando this year. Banks have changed how they approach branches as more customers bank online. Vacant branch space can lead to new retail users or new development.

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