Biz?? Buzz?? of the Week???: Publix buys pair of shopping centers for $83M; Spirit Airlines furloughs over 180 pilots and more.
South Florida Business Journal
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Publix buys pair of Broward shopping centers for $83 million by Brian Bandell
Publix Super Markets paid $83 million for a pair of shopping centers in Davie where it’s already the anchor tenant. Read more.
Spirit Airlines furloughs over 180 pilots on Labor Day weekend by Cortney Danielle Moore
Spirit Airlines ' pilot furlough went into effect Sept. 1 with fewer aviators taking leave than initially anticipated. Read more.
The Boca Raton sues embattled Miami private equity firm by Eman Elshahawy
A Miami-based private equity firm already facing eviction from its Brickell headquarters is now facing a lawsuit filed by The Boca Raton. Read more.
Fort Lauderdale approves zoning for over 500 apartments by Erik Bojnansky
A zoning change will enable the developers of The Arcadian to add even more apartments to their project in Fort Lauderdale's Progresso Village. Read more.
Vertiport developer aims to amend lease at Palm Beach International Airport by Ashley Portero
The Palm Beach County Board of Commissioners will consider infrastructure developer Ferrovial s motion to amend its lease at Palm Beach International Airport (PBI) . Read more.
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South Florida office owners lure companies with luxury amenities by Brian Bandell
Ask real estate insiders what the most challenged sector is now, and most would say office due to the advent of remote and hybrid work schedules.
But that hasn’t kept some investors from going all in and funding pricey upgrades for office buildings to lure tenants willing to pay top-dollar rents.
The strategy has already proven successful in some South Florida buildings. And while more office investors have taken notice, not all buildings are suitable for costly renovations.
Fort Lauderdale's development boom reaches Sistrunk Boulevard by Erik Bojnansky
Real estate investors are flocking toward Sistrunk thanks to a combination of economic incentives, cheap land and a development boom in downtown Fort Lauderdale. Read more.
PPG Development's founder and CEO on building luxury golf courses by Brian Bandell
At a time when most South Florida developers view golf courses as redevelopment opportunities, Ari Pearl, founder and CEO of Hallandale Beach-based PPG Development LLC , has three golf course renovation projects located within five 5 miles of each other in Broward County, and a fourth in West Palm Beach. Read more.
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That's all for this week's Biz Buzz, and thanks for supporting the SFBJ. This weekly round-up of South Florida's buzziest business news was compiled by Eman Elshahawy , digital producer. Questions? Comments? Concerns? News tips? Send them to [email protected] .
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