When Staples announced that it intended to buy Boca Raton-based Office Depot in February, it was déjà vu all over again.
The Framingham, Massachusetts-based firm, No. 1 in the world for office supplies, aimed to join with its smaller competitor to cut costs, just like Office Depot did with OfficeMax in 2013.
Starboard Value LP, a New York-based activist investor with majority interests in both Staples and Office Depot, seemed to again play a large role in the acquisition. The company urged the…
Finally, an investigative report that penetrates the hard but brittle shell of Jeb Bush. Read Dexter Filkins in the New Yorker on Jeb and his failed Everglades experiments. For all Jeb did for Big Sugar, it is ironic the Fanjuls have thrown all their weight behind Marco Rubio, Jeb's former legislative whip on all things pro-sugar.
http://www.newyorker.com/magazine/2016/01/04/swamped-the-political-scene-dexter-filkins New Yorker
Pepe Diaz the puppet. You always know what he will say...what ever the developer said. He is arguing about the size of our wellfield protection zone that it should have been made smaller to not to interfere with this property.
Juan Zapata (the commissioner of the district) made a motion to transmit and deny. He doesn't believe the covenant means anything that the developer offered to put on. Only Barbara Jordan believed the covenant and SHE was one of the Commissioners that lifted it on the Brown application. What a creepy thing to do...to act like it has meaning when Barbara Jordan knows she helped make it meaningless by lifting the covenant against residential on the last application that moved the line. At least Juan Zapata wasn't fooled by the covenants.
He made the same motion for Green City that failed. Zapata had Souto, Jordan, Bovo, Barreiro (will someone run against him), and of course Pepe Diaz. The developer begged that someone locate Monestime.
It is a 6 to 5 vote in favor to transmit and deny. Monestime not there. It needed 7. Absent Districts 4 and 2 districts. No: Districts 3, 6, 7, 8, 9.
Zapata made a motion to deny, that passed.
A woman from Catalyst Miami with Miguel DeGrandy in the background.
Drew Martin from the Sierra Club Everglades Committee with that Dick Rep. Erik Fresen sitting behind Martin. (This "DICK" reference is not to be confused with Julie Dick). Erik is working for the developer
Doral-based U.S. Century Bank has confirmed the departure of President and CEO Carlos J. Dávila, effective Dec. 31.
"We have initiated a search for a CEO, and hope to have a replacement within the next few weeks," the bank said in a statement.
Former board member and current shareholder Sergio Pino, president of Century Homebuilders, told the Business Journal that Dávila’s departure is a result of some tension between the CEO and the bank’s shareholders and owners.
“I think the bank will…
Four developers filed applications in early November to build commercial projects in western Palm Beach County.
All four future land use amendments are scheduled for their first county hearing on March 11. They could be approved by the county commission in July.
A developer wants to rezone an agricultural site at 8251 Boynton Beach Blvd. to 59,677 square feet of commercial/retail space.
The 6.85-acre site is between Lyons Road and Florida’s Turnpike. It’s owned by West Boynton Center/Smigiel…
After just 50 days in business, The Little Chalet has big expansion plans, the South Florida Business Journal has learned.
Ricky Marcellini, who owns the Boca Raton prime meats and fondue eatery with his father and brother, said he expects to open a second location by 2017 in Fort Lauderdale, and will begin seeking that space in Broward County in the summer. Then, Palm Beach Gardens may be an ideal city for a third restaurant, he said. He and his family aim to open five Little Chalets in the next…
A Jupiter biotech firm has sold a division for $75 million, giving a big cash boost to a company on the ascendancy after a rough few years.
Dyadic International Inc. announced Tuesday that it had signed a contract to sell its industrial technology business line to chemicals giant DuPont for $75 million in cash. Following completion of the transaction, Dyadic said in a statement it plans to focus exclusively on its biopharmaceutical business.
Mark Emalfarb, Dyadic's founder and CEO, said the sale…
The YOO at Metropica condominium broke ground on Tuesday as part of the massive mixed-use project in Sunrise.
The 28-story tower is being constructed by K Group Holdings and Trillist Cos. just west of the Sawgrass Mills mall. Most condo projects in South Florida are east of Interstate 95, so this is a good test to see how deep the market is for the stronger suburban neighborhoods.
The proximity to the mall, which is popular with tourists, could help YOO as Metropica draws buyers. It's also near…
The Royal Palm Beach Planning and Zoning Board will consider approving home community by Lennar Corp. on Tuesday evening.
The 154-acre site at 980 Crestwood Blvd. is currently owned by the city, but the Miami-based company (NYSE: LEN) is under contract to buy it for $35 million. The city approved the sale in April and plans to close before the end of December.
Lennar, the largest homebuilder in South Florida, wants to build 385 single-family homes there.
The property is a former wastewater treatment…
The developer of Faena House made another blockbuster sale as a buyer paid $29.17 million for the second penthouse in the Miami Beach condominium.
Alan Faena’s building at 3315 Collins Ave. has made international headlines in recent months, including the $60 million sale of its largest penthouse that ranks as South Florida’s biggest condo sale, and sales to Wall Street titans such as Goldman Sachs CEO Lloyd Blankfein.
In the latest deal, Faena’s Tower 3315 LLC sold Penthouse A to Pomes Miami…
This comes from a poll with a small sample: 603. Notables: 57 percent of those polled say that Wisconsin is headed in the wrong direction. Russ Feingold leads against Ron Johnson. 51 percent to 40 percent. 60 percent of Wisconsinites disapprove of the way Scott Walker is doing his job. In fact, 40% of Wisconsinites more »
Carnival Corp. took another leap forward to ensure its dominance in the Chinese cruise market.
The Miami-based company (NYSE: CCL) announced that it formed a joint venture with China State Shipbuilding Corp. and China Investment Corp. to form the new brand. Details about the cruise line's name, fleet and sail date will be announced later. Both new and existing ships will be purchased for the new brand.
Officials announced the agreement at a signing ceremony at the Mansion House in London on Wednesday…
Yet again I get the impression that Associated Press does whatever it can to protect and/or repair Scott Walker’s image. Compare the headlines and stories on Walker’s recent FEC filing: From Washington Post (author – Jenna Johnson): How Scott Walker spent $90,000 a day to lose an election From U.S. News and World Report more »
The editor of Buzzflash at Truthout recently wrote that, “By offering the debates on television only to paid subscribers of television packages that included CNN and Fox News, the most important political interaction between candidates for president of the United States was, essentially, privatized.” If you’re living with a net-enabled digital device seemingly glued to your more »
When Staples announced that it intended to buy Boca Raton-based Office Depot in February, it was déjà vu all over again.
The Framingham, Massachusetts-based firm, No. 1 in the world for office supplies, aimed to join with its smaller competitor to cut costs, just like Office Depot did with OfficeMax in 2013.
Starboard Value LP, a New York-based activist investor with majority interests in both Staples and Office Depot, seemed to again play a large role in the acquisition. The company urged the…
Doral-based U.S. Century Bank has confirmed the departure of President and CEO Carlos J. Dávila, effective Dec. 31.
"We have initiated a search for a CEO, and hope to have a replacement within the next few weeks," the bank said in a statement.
Former board member and current shareholder Sergio Pino, president of Century Homebuilders, told the Business Journal that Dávila’s departure is a result of some tension between the CEO and the bank’s shareholders and owners.
“I think the bank will…
Four developers filed applications in early November to build commercial projects in western Palm Beach County.
All four future land use amendments are scheduled for their first county hearing on March 11. They could be approved by the county commission in July.
A developer wants to rezone an agricultural site at 8251 Boynton Beach Blvd. to 59,677 square feet of commercial/retail space.
The 6.85-acre site is between Lyons Road and Florida’s Turnpike. It’s owned by West Boynton Center/Smigiel…
After just 50 days in business, The Little Chalet has big expansion plans, the South Florida Business Journal has learned.
Ricky Marcellini, who owns the Boca Raton prime meats and fondue eatery with his father and brother, said he expects to open a second location by 2017 in Fort Lauderdale, and will begin seeking that space in Broward County in the summer. Then, Palm Beach Gardens may be an ideal city for a third restaurant, he said. He and his family aim to open five Little Chalets in the next…
A Jupiter biotech firm has sold a division for $75 million, giving a big cash boost to a company on the ascendancy after a rough few years.
Dyadic International Inc. announced Tuesday that it had signed a contract to sell its industrial technology business line to chemicals giant DuPont for $75 million in cash. Following completion of the transaction, Dyadic said in a statement it plans to focus exclusively on its biopharmaceutical business.
Mark Emalfarb, Dyadic's founder and CEO, said the sale…
The YOO at Metropica condominium broke ground on Tuesday as part of the massive mixed-use project in Sunrise.
The 28-story tower is being constructed by K Group Holdings and Trillist Cos. just west of the Sawgrass Mills mall. Most condo projects in South Florida are east of Interstate 95, so this is a good test to see how deep the market is for the stronger suburban neighborhoods.
The proximity to the mall, which is popular with tourists, could help YOO as Metropica draws buyers. It's also near…
The Royal Palm Beach Planning and Zoning Board will consider approving home community by Lennar Corp. on Tuesday evening.
The 154-acre site at 980 Crestwood Blvd. is currently owned by the city, but the Miami-based company (NYSE: LEN) is under contract to buy it for $35 million. The city approved the sale in April and plans to close before the end of December.
Lennar, the largest homebuilder in South Florida, wants to build 385 single-family homes there.
The property is a former wastewater treatment…
The developer of Faena House made another blockbuster sale as a buyer paid $29.17 million for the second penthouse in the Miami Beach condominium.
Alan Faena’s building at 3315 Collins Ave. has made international headlines in recent months, including the $60 million sale of its largest penthouse that ranks as South Florida’s biggest condo sale, and sales to Wall Street titans such as Goldman Sachs CEO Lloyd Blankfein.
In the latest deal, Faena’s Tower 3315 LLC sold Penthouse A to Pomes Miami…
Carnival Corp. took another leap forward to ensure its dominance in the Chinese cruise market.
The Miami-based company (NYSE: CCL) announced that it formed a joint venture with China State Shipbuilding Corp. and China Investment Corp. to form the new brand. Details about the cruise line's name, fleet and sail date will be announced later. Both new and existing ships will be purchased for the new brand.
Officials announced the agreement at a signing ceremony at the Mansion House in London on Wednesday…
