Are signs of life finally reappearing in Florida’s condo market?
A deep condo market correction in Florida grabbed headlines last year as prices plunged and activity slid thanks to challenges including skyrocketing fees for owners and concerns about the impact of climate change on the state. But as the 2026 spring market rumbles into life, are there early signs that buyers are beginning to trickle back to the beleaguered sector at last? More from Mortgage Professional America.
Major projects flowing toward PortMiami
PortMiami is undergoing major upgrades and expansions, including building new cruise terminals, adding a third berth to MSC Cruises’ Terminal AA, buying more ship-to-shore cranes and completing the second phase of its electric rubber tire gantry cranes program. The projects will involve both the cargo and cruise side of the industry. The seaport has secured more than $97 million in combined state and federal grants over the last five years to assist with its Capital Improvement Program. More from Miami Today.
Space Coast gets new player in satellite manufacturing business
Florida has been enticing companies in recent years to consider the state not just for launching their space hardware, but for building it. An Italian space company has heard the call and opened its first U.S.-based satellite production site on the Space Coast last week. Argotec, headquartered in Turin, Italy, but with offices in Germany and the U.S., cut the ribbon on a $25 million site in Melbourne to produce small satellites. More from the Orlando Sentinel.
Why more Florida businesses and developers are taking a second look at City of Hollywood
Hollywood is having its moment. For decades, the South Florida real estate story was a tale of two cities: Miami and Fort Lauderdale. Today, a new center of gravity is emerging. The City of Hollywood is undergoing more than $2 billion in new investment, evolving from a beachfront suburb into a more urban, transit-oriented hub. Between creating options for attainable housing and luxury living, the city is also attracting business owners, investors and developers, all in service of creating a highly desirable community. More from the Real Deal.
Pinellas to sell 32 Clearwater properties across city
Pinellas County commissioners will consider declaring 32 county-owned properties in Clearwater surplus, a step that would move the sites toward sale as the county shifts operations to a new campus in Largo. The resolution would authorize staff to market the properties through a competitive request-for-negotiations process rather than a traditional bid. That structure allows the county to negotiate directly with buyers and assemble deals across multiple parcels. More from Tampa Bay Business & Wealth.
University of Florida releases new economic contributions report
The University of Florida continues to be one of the state's most powerful economic engines, according to a new study released this month. The university's economic contribution report shows UF and its related entities generated $19.57 billion in industry output and supported more than 134,000 jobs across the state in fiscal year 2023-24. [Sponsored report]
Sports Business
St. Johns River Water Management District reviewing Sporting Jax stadium development
Sporting Club Jacksonville is moving forward with plans to build a mixed-use development centered by a new soccer stadium in the St. Johns Town Center area with hopes to begin playing there by 2028. A month after the club announced its proposed development just north of the Town Center, the St. Johns River Water Management District is reviewing an application related to the project.
» More from the Jacksonville Daily Record.
Florida Trend Exclusive
Four-legged helpers
K9s for Warriors has opened a $5-million, 4,284-sq.-ft. vet clinic in Ponte Vedra Beach. Its service dogs help veterans who have conditions such as post-traumatic stress disorder. Before the location opened, local volunteer vets would assist dogs who were in training.
» Read more from Florida Trend.