April 29, 2024

Monday's Afternoon Update

What you need to know about Florida today

| 11/13/2023

Designing coastal waterfronts for South Florida’s wet future

By the end of the century, wide swaths of coastal South Florida could experience 3.5 to 7 feet of sea level rise, according to the National Oceanic and Atmospheric Administration.That would change thousands of Florida’s waterfront properties to, well, water properties. Florida International University’s Martina Potlach, whose studies marry landscape design and ecology, says we need to use “nature as a role model” to design coastal areas where humans can adapt to pending sea level rise. More from the South Florida Sun Sentinel.

‘Huge boost:’ Orlando businesses see dollar signs with EDC, upcoming Florida Classic

Sunday, hundreds of thousands of people were wrapping up their third and final day of the Electric Daisy Carnival at Camping World Stadium. With the upcoming Florida Classic next Saturday pitting FAMU against Bethune Cookman University, nearby businesses say it’s a time when they see a big boost. More from Click Orlando.

Small businesses take advantage of 'sip & shop' in Northwest Tallahassee as inflation impacts holiday sales

Sunday, small business owners attended the Lake Tribe Brewery sip and shop event. The idea allowed shoppers to buy products from vendors, while at the same time, enjoy a drink. “The price of things are so high now. People don’t have the funds they’ve had before.” More from WTXL.

Orlando Economic Partnership partners with Stetson to track local business opinion

Stetson University and the Orlando Economic Partnership are working to gather data that has not been collected from businesses before. The DeLand-based college's Center for Public Opinion Research and the public-private organization are partnering on a 12-month pilot to survey all businesses in Orange, Osceola, Seminole and Lake counties. More from the Orlando Business Journal.

Florida’s commercial rental properties to experience significant sales tax rate drop

Businesses operating in Florida’s commercial rental properties, including retail stores, offices, warehouses, and industrial spaces, should be aware of an upcoming change that will impact their operations. Effective December 1, 2023, the sales tax rate for commercial rentals will decrease from 5.5% to 4.5%. This article provides information on the new sales tax rate, its application to rental payments, and the compliance steps businesses need to take. More from Marcum.

Retail
Puerto Rican couple leads Central Florida’s food and business community

 Dianne Santos and Hiram Turull have emerged as influential figures in the Central Florida food and business community. Their culinary enterprises have not only gained recognition but also made a significant mark on the local community, representing Puerto Rico proudly.

» More from NiMB.

 

Women in Leadership
When teachable moments become business advantages

 St. Petersburg native Bridgette Heller served in the C-suite and on the boards of some of the world's best-known companies, finding power in diversity and diplomacy along the way.

» Read more from Florida Trend.

Tags: Daily Pulse, Afternoon Update

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