Tuesday, December 29, 2015

A look back at the year Staples tried to merge with Office Depot ... again

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…

Monday, December 28, 2015

The arrogance of Jeb Bush and the influence of Big Sugar ... By gimleteye

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

Tuesday, December 15, 2015

The Meeting Julie Dick Did her Op Ed on is going on right now (UDB Line movement request). By Geniusofdespair

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

Monday, November 30, 2015

Exclusive: U.S. Century Bank CEO Carlos Davila to leave Dec. 31

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…

Thursday, November 26, 2015

Four commercial projects proposed in western Palm Beach County

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…

Saturday, November 21, 2015

Boca Raton's newly opened Little Chalet plans 10-unit expansion

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…

Thursday, November 12, 2015

Dyadic shares soar after company announces $75 million spin-off

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…