October 2, 2023

Wednesday's Daily Pulse

What you need to know about Florida today

| 3/22/2023

› A Palm Beach man paid for cars, Aspen trips with investors’ stolen $5.2 million, feds say
Federal regulators accuse a Jupiter businessman of diverting $5.2 million of investor money to “pay for personal expenses, such as luxury cars, jewelry, designer clothing, vacations to Aspen and Hawaii, and day-to-day living expenses.” According to a civil complaint filed in West Palm Beach federal court by the Securities and Exchange Commission, Peter Krieger also has agreed to pay back his victims. That may be a challenge.

› Reenergized American Legion breathing new life and love into historic Post 33.
After years of neglect and disrepair, members of the reestablished Frank R. Marston American Legion Post 33 are working to bring the historic Post 33 building back to life. The group got a huge boost last week when the Pensacola Community Redevelopment Agency approved a $140,000 grant to rehabilitate the exterior of the building.

› Khan’s investment company seeks permit for office foundation
In another move toward riverfront development, Jacksonville Jaguars owner Shad Khan’s real estate investment company wants to build the foundation of a proposed office building at the Four Seasons Hotel & Residences property along the Downtown Northbank. The city is reviewing a permit application for PCL Construction LLC of Orlando to put in the foundation at an estimated project cost of $200,000.

› Sarasota and Bay Park leaders respond to boaters' concerns about the park
Local boaters and other community members raised concerns about the Bay Park Conservancy’s plans for the city of Sarasota’s new waterfront park, leading to changes in those plans. The Sarasota City Commission reviewed land-use changes on Monday that involved The Bay, a 53-acre park that is gradually being built.

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