Thursday's Afternoon Update
Tax plan ranges from diapers to gas stoves
As part of a record $114.8 billion budget proposal released Wednesday, Gov. Ron DeSantis is seeking wide-ranging tax breaks that build on current toll-road rebates and tap into conservative outrage about gas stoves. DeSantis requested that lawmakers approve $1.5 billion in tax cuts that include sales-tax breaks on such things as everyday household goods and items purchased for infants, children and pets. The proposal also would expand back-to-school and other tax “holidays.” More from the News Service of Florida.
Public-private deal to build workforce housing in downtown Miami
The Miami Parking Authority (MPA) has joined another public-private partnership (P3) designed to improve one of its downtown garages and bring much needed workforce housing units to the City of Miami. The MPA is announcing what it calls an innovative mixed-use redevelopment project set to transform the corner of NE Second Avenue and NE Third Street. The project will redevelop the College Station parking garage at no cost to the city’s parking agency. More from Miami Today.
Mayo Clinic in Florida adding 210-acre North Campus
Mayo Clinic in Florida, which opened 37 years ago in South Jacksonville, is adding a 210-acre North Campus to its San Pablo Road property. That expands its 392-acre medical center property to 602 acres. A master development plan dated Oct. 27, 2022, shows that Mayo still has land available for development at its Main Campus at 4500 San Pablo Road S., north of Butler Boulevard. More from the Jacksonville Daily Record.
EPA readies final cleanup of Central Florida’s Tower Chemical Superfund site
One of Central Florida’s most notorious pollution messes is a little more than two months away from a heavy assault by the U.S. Environmental Protection Agency. The Tower Chemical Superfund site, located in a once-remote area now quickly developing east of Clermont and just north of State Road 50, has been poked, tested, scraped and pumped with cleanup agents for decades. More from the Orlando Sentinel.
New owners of the Sundial in St. Pete announce plans to upgrade
The Sundial — a dining and shopping destination in downtown St. Petersburg — is set to be redeveloped this year. Ally Capital Group, a Tampa-based real estate investment firm is partnering with Paradise Ventures, a St. Petersburg-based firm, to “reimagine” the shopping center as a mixed-used development, according to a media release. More from the Tampa Bay Times.
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Shad Khan’s sports holdings grow in value
Shad Khan’s sports assets grew in value last year but he slipped a spot in Forbes magazine’s annual ranking of sports empires. In a story posted Jan. 24, Forbes said Khan has the world’s 13th-largest sports empire, valued at $5.95 billion. That’s up from $4.8 billion a year ago when Khan was ranked 12th. Khan’s sports holdings consist of the Jacksonville Jaguars, English soccer team Fulham FC and professional wrestling organization All Elite Wrestling.
» More from the Jacksonville Daily Record.
Florida Renaissance Festival starts this weekend: Expect to be ‘shocked with the look of the show’
For the uninitiated, or those firmly planted in the here and now, Ren-Fest features jousting knights, live music, animatronic installations, comedic stage shows, magicians, strolling performers, as well as crafts, food and drinks. Yes, costumes are highly encouraged. (But don’t get hung up on sticking to a time period because Ren-Fest includes forays into steampunk, sci-fi, comic books and whatever eras fairy tales and “Alice in Wonderland” belong in.)
» Read more from the South Florida Sun-Sentinel.