Investors reselling condo units bought during housing collapse
Bulk buyers have resold more than 60 percent of the coastal condominiums snapped up during the housing bust, according to a recent report. The investment groups have unloaded roughly 3,200 of the 5,100 units that were in or near foreclosure, said CondoVultures.com, a Bal Harbour-based real estate consulting firm. Many of the bulk sales occurred […]
Wind turbines to spin at Hilton Fort Lauderdale Beach
Wind energy is coming to South Florida’s hospitality industry. The Hilton Fort Lauderdale Beach Resort is installing wind turbines to make some of its own electricity and to attract more guests and conventions that seek out hotels with eco-friendly features. The hotel plans to spend more than $500,000 to erect six turbines — each roughly […]
FPL gets okay to replace Port Everglades power plant
FPL plans to demolish its power plant at Port Everglades and replace it with a modernized one. This is a rendering of what the plant currently looks like. It’s official. Those candy-cane-striped smokestacks at Port Everglades in Fort Lauderdale are history. They’ll be demolished around June next year — surely an event to watch, like […]