May 18, 2024

Wednesday's Daily Pulse

What you need to know about Florida today

| 12/18/2019

› Miami-Dade approves new $267 million courthouse downtown to replace 1928 building
After five years of stalled plans and proposals, Miami-Dade commissioners on Tuesday approved a $852 million plan for a new civil courthouse downtown, ratifying a novel agreement that will let a developer build and operate the facility on Flagler Street for 30 years.

› Tech Data buys Bangalore company to expand Asia-Pacific presence
So just because Tech Data is getting ready to sell the entire company for $6 billion doesn’t mean it can’t buy other companies along the way. Two weeks ago, Tech Data announced it had closed on its $205 million purchase of DLT Solutions, a government contracting services company in suburban Washington D.C. This week, it said it’s buying Inflow Technologies, based in Bangalore, India.

› Compared to other Florida counties, Palm Beach County posts tepid economic growth
Palm Beach County is home to the nation’s most valuable utility, the winter White House, a who’s who of billionaires and two prestigious biotech labs. Despite those advantages, Palm Beach County’s economy is struggling to keep pace with other large counties in Florida, according to local economic data released last week by the U.S. Bureau of Economic Analysis.

› Flood prevention costs for condos and businesses could soar in Fort Lauderdale
Fort Lauderdale residents and businesses will have to pay more to protect against flooding, but how those extra costs are split could pit condo owners and businesses against homeowners. City commissioners may choose a new formula for raising the money needed to improve street drainage during heavy storms and tidal flooding, one that favors single-family homeowners over other property owners.

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