Florida High Speed Line Proposed

This is huge for Florida, and with Stimulus Money sitting idle, there is a good chance this one will fly (or rail). Governor Crist submitted Florida's proposal for a high speed line to the federal government on October 2nd. The proposed rail line would run between Tampa, Orlando and Miami. The first leg of the line is the Tampa to Orlando route at at cost of $2.5 billion. The Miami extension is estimated to cost at least $8 billion. If the federal government approves the first leg, it could be operational by 2014. The propsed start date for the Miami line would be 2017.

These are the kinds of projects Florida needs to ensure growth and the ability to attract new businesses. For the Treasure Coast it means high speed travel to Miami, Orlando and the Gulf Coast of Tampa. I can't wait.

Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call Julie at 772-370-7999 or visit our email Julie - Julie@FloridaHomes.PRO

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More Good Employment News for Martin County

The good news for Stuart and Martin County seems like it is a daily event. TurboCombustor Technology just broke ground for a new parking lot and is considering placing a building on the site. The Martin County Commissioners approved a $60,000 grant to the company to support the expansion plans at TurboCombustor.

With 375 employees, and a 15% employee growth, while the country is facing ever increasing unemployment, this is just another reason why real estate has performed better in Martin County than surrounding counties.

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Biotech Village Plans Move Forward

Another addition to the Florida biotech boom just received the initial OK in Palm Beach Gardens. The project will be across from Florida Atlantic University, and calls for a 20 year plan to build more than 500,000 sf of commercial and retail, as well as 300+ hotel rooms and 1.2 MILLION sf of office space. There is also a segment that will add 2,700 residential units.

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Biotech in Port St. Lucie to Benefit Martin County

More great news for Florida's future and Martin County. Bert Sakmann, a Nobel Laureate, has been named the Scientific Director of the Max Planck Florida Institute based in Jupiter. Even though the bio-tech park is in Palm Beach county, Martin County will benefit tremendously from firms servicing the industry, as well as scientists working at the bio-tech park that want to take advantage of Martin County's A-Rated schools.

Research at the Max Planck Institute will focus on bio-imaging, working closely with their neighbor, Scripps Florida. The Max Planck institute will be creating 1,824 jobs and $2.4 billion in labor compensation over 20 years in return for almost $200 million in incentives from the State, Local Government and partners.

The permanent facility of the institute is a 100,000 sqaure foot state of the art biomedical complex expected to open in 2011.

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Treasure Coast Toy Drive Starts

Children's Home Society of Florida's Treasure Coast has launched their 2009 Toy Drive to ensure every child in its foster care and adoption program receives at least one new toy this holiday season. The Society provides toys to more than 600 abused, neglected and abandoned children in Martin, St. Lucie, Indian River and Okeechobee counties.

New unwrapped toys are being accepted, as well as sponsorships. For additional information contact:

Dee Benjamin at (772) 489-5601 x261 or email Dee.Benjamin@chsfl.org or

Sharon Lear (772) 489-5601 x245 or email Sharon.Lear@chsfl.org

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Massive Project Proposed for Martin County

Turner Groves Limited Partnership, a Fort Myers company, has proposed to build a massive agricultural and industrial project in Martin County with a new road and bridge to Port St. Lucie. The project would cover 1,782 acres and include a 5-million-square-foot industrial park, 1 million square feet of office space, 200,000 square feet of retail space and 500 hotel rooms.

As large as this plan is, it is still dwarfed by the proposed Southern Groves plan in Port St. Lucie with 2 million square feet of office space, 2 million square feet of industrial space, 2 million square feet of retail space and 7,388 houses.

These are just two more of the many examples we are starting to see of Light at the End of the Tunnel for the Treasure Coast.

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500 More Jobs for Port St. Lucie, Florida

Aegis Communications Group just leased 33,000 sqaure feet in St. Lucie West. Aegis is a call center handling calls for Avis, Carnival Cruise Lines and Travelocity. This new location for Aegis is across the street from Tradition field and just down the street from QVC. With more than 30 facilities in the United States, it is great to see Aegis set up shop an even larger shop in Port St. Lucie.


Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO

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Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here
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