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Tuesday's Afternoon Update
What you need to know about Florida today
Florida Trend Exclusive
Florida's future
The next decade in Florida should be filled with tremendous growth opportunities for residents, workers and visitors. This growth will drive more development across the state for housing, industrial, retail and hospitality. We asked 13 experts in their respective fields to look into their crystal balls. Here are their thoughts on the decade ahead. More from Florida Trend.
This Tampa Bay ex-lawmaker thinks he can solve Florida’s housing crisis
In the state of Florida, half of all renters spend more than 30% of their income on rent. Another 945,687 very low-income households spend over 50% of their income on housing. That’s according to research from the Florida Policy Project, a non-partisan think tank started earlier this year by former state senator Jeff Brandes. In June, the group released a report on housing affordability and proposed several solutions for how to tackle the problem in Florida. More from the Tampa Bay Times.
More businesses left than moved into Orlando ZIP codes since 2020, analysis shows
While it does not show the whole story, roughly 1,100 fewer businesses moved into metro Orlando than moved out in the last three and a half years. That’s according to data from the U.S. Postal Service, which tracks the number of businesses requesting an address change to a new ZIP code from January 2020 through June 2023. More from the Orlando Business Journal.
Hurricane Ian battered these middle-class beach communities. Repair costs finished them off.
Hurricane Ian’s assault on southwest Florida last fall is speeding a transition already occurring in some of the state’s coastal communities — driving out middle- and working-class people and replacing them with deep-pocketed buyers. In the waterfront cities of Fort Myers Beach and Cape Coral, even homeowners with flood insurance are finding they often cannot afford the costs of rebuilding their houses to modern building codes, as federal rules demand. Instead, many ended up selling their properties as vacant land. More from Politico.
Plans for Amazon Fresh grocery stores in South Florida replaced by Whole Foods and a lease-breach lawsuit
Amazon’s plans to open its Amazon Fresh grocery stores in South Florida have wilted like a head of lettuce left outdoors in the sun. A site in the new Uptown Boca center that its developer had reserved for Amazon Fresh is now slated to house another store owned by Amazon — Whole Foods Market. And a planned store location that Amazon leased in Plantation in October 2021 is the subject of a lawsuit filed by the store’s landlord seeking unpaid rent. More from the South Florida Sun-Sentinel.
Leadership Trends
Sarasota sisters detail the skills to set leaders apart from the pack
Candice and Lauren Henry form the Sarasota-based company Aretios and believe their brand of leadership counsel resonates with up-and-coming leaders. The duo say leadership begins with looking, acting and feeling top shelf.
» More from the Business Observer.
Profile
Aaron Podhurst
Fifty years ago, the crash of an Eastern Airlines jetliner into the Everglades thrust Miami attorney Aaron Podhurst into the center of the victims' case against the airline. He's since built one of the world's leading air crash litigation firms. "I enjoy getting people through difficult times because I have the background to calm them down," says Aaron Podhurst, now 87.
» Read more from Florida Trend.
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