March 19, 2024

Wednesday's Afternoon Update

What you need to know about Florida today

| 8/8/2018

After years of hype, Plantation-based Magic Leap launches its first product

Brownie

A rocket ship on MagicLeap.com and tweets by founder and CEO Rony Abovitz on Wednesday morning indicate that the secretive technology company based in Plantation is finally launching its first product. And the price is... $2,295. See the company news release - with a video review - here. Also read more at the South Florida Sun-Sentinel, Verge, CNBC, WIRED, and Ars Technica.

From Florida Trend's Archive
» Florida's $500-million man

Sarasota’s popular free iRide service will operate privately without city help

The city and Gotcha Group, the private company that operates the iRide service, are negotiating to mutually terminate a contract for the service following revelations earlier this year the endeavor would likely be insolvent without a city subsidy. More from the Sarasota Herald-Tribune.

Miami orders audit of Melreese Golf Course as it seeks retail-office-soccer complex

The city-owned property, about 131 acres with an 18-hole golf course, has been thrust into the spotlight this summer after David Beckham and his business partners showed an interest in securing the site for redevelopment and home to a new professional soccer team. More from Miami Today.

Mississippi’s Grenada Railroad now owned by Florida company

A Mississippi railroad is changing hands. International Rail Partners said Tuesday that it bought rights to the Grenada Railroad from Iowa Pacific Holdings last week. The Boca Raton, Florida, acquirer didn’t name a price. More from the Mississippi Business Journal.

Ultra-luxury home market stays hot in Sarasota-Manatee

The red-hot market for luxury residences in Sarasota-Manatee continues this year after a banner sales season in 2017. The most striking aspect of the increase in sales for $1 million or more comes with the most expensive homes — the $5 million-plus transactions. More from the Sarasota Herald-Tribune.

Food Business
Lemon prices soar. Blame heat waves, bad weather and insatiable demand

 Lemons — workhorse citrus in cocktails, the anchor for many fish marinades and the foundation for refreshing summer tarts — are having a moment. A very expensive moment. Cartons that sold wholesale for about $37 in June now cost closer to $60.

» More from the Tampa Bay Times.

 

Out of the Box
Welcome to 'Danville,' home to yurts, gators and a free plane ride

floridaOwner Dan Shaw talks about his unique AirBnB in remote Seminole County, near Geneva. Called Danville, the venue features a themed town square built inside one of his two air hangars with opportunities onsite to fly in a Cessna, ride a Segway and view classic collectible automobiles among other adventures.

» Read more from the Orlando Sentinel.

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Incoming income tax instructor indicated
Incoming income tax instructor indicated

Affordable housing remains an issue; Income tax guidance on its way; What's in the 2024 budget; A mysterious threat to endangered sea life; Bass Pro Shops founder's "Florida Dream"

 

Video Picks | Viewpoints@FloridaTrend

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