April 21, 2021

Thursday's Afternoon Update

What you need to know about Florida today

| 2/25/2021

The Florida housing market is booming. Is a crash ahead?

The housing market’s sustained, gravity-defying bounce-back — while much of the rest of the economy remains in a pandemic recession — has caused some to question whether it’s headed for another bust. This time around, the booming demand is fueled by millennials coming of homebuying age — egged on by record-low interest rates — combined with baby boomers living longer. Contrast that to the lead-up to the Great Recession, when huge numbers of investors were trying to make quick money through rapid appreciation. More from the Tampa Bay Times.

Florida’s theme park industry is bouncing back faster than most states’, IAPPA study says

Though the theme park and attractions industry is still feeling the impacts of the ongoing coronavirus pandemic, a new study shows Florida is doing comparatively better than most other states. The International Association of Amusement Parks and Attractions, or IAPPA, released a new study that observes how the pandemic has affected employment within the industry. More from Click Orlando.

Amazon distribution facility bringing 350 jobs, opening in St. Augustine by year's end

The Amazon distribution facility planned off State Road 16 in St. Augustine is one step closer to opening. St. Johns County approved a permit Monday for Ryan Companies US, Inc. to build an Amazon.com delivery station on 60 acres of land at 5100 Inman Road, near the St. Augustine shopping outlets. The 125,000-square-foot project will be built at a cost of $16 million, according to plans submitted to the county. More from the St. Augustine Record.

NeoGenomics to get a new CEO for next chapter of growth, reports results for year

NeoGenomics will get a new boss. After more than a decade serving as the local company's chairman and CEO, Douglas VanOort has announced plans to retire as its chief executive. The Fort Myers-based clinical laboratory — specializing in genetic testing for cancer — announced the planned leadership change in a news release on Wednesday. The transition will take effect April 19. More from the Fort Myers News-Press.

Miami wants to slash carbon emissions 60 percent by 2035. How? That’s still up in the air

Miami has plans to slash carbon emissions, and those plans could change the way its residents get around town, cook their food and cool their homes — soon. Miami is committed to going carbon neutral by 2050, and now the city has identified a halfway mark: reducing greenhouse gas emission by 60% by 2035. Getting there will require massive changes in a city where most people couldn’t imagine getting around without using a car. More from the Miami Herald.

Business Profile
Florida Farm Finder

 Jillian Childs and Cara Lantz put together subscription boxes that will go out to customers across the state and beyond – all full of items made in Florida. "We've had some people outside of Florida order. We've also had a lot of people within Florida send them to family members outside," said Lantz. "A lot of soaps, a lot of skincare, a lot of spices. Fresh honey, candles," Childs listed. The idea stemmed from the pandemic. When markets shut down, Childs and Lantz developed a Facebook page and website called Florida Farm Finder to help customers connect with local farms for products.

» More from WTVT.

 

Arts Business
Pinellas native reaches highest rank at America’s most prestigious ballet

floridaGibbs High alum Calvin Royal III is now a principal dancer at American Ballet Theatre in New York. Rewind the clock to 2006, and, he says, it might have never happened. Royal had a scholarship for his classes in New York, but not his other expenses. He laughs now, remembering that they’d budgeted $800 a month for food, transportation, utilities and rent on a one bedroom apartment in one of the world’s most expensive zip codes. It was a fantasy.

» Read more from the Tampa Bay Times.

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Tour one of Florida's top wonders, Rainbow Springs
Tour one of Florida's top wonders, Rainbow Springs

The state's fourth-largest spring offers some incredible views, and kayaking on Rainbow River is one of the top things to do in Central Florida. So, Times reporters decided to head out on the water to give it a try.

Earlier Videos | Viewpoints@FloridaTrend

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