Since October, the construction of many seawalls, docks and
boatlifts has been on hold in Cape Coral because of, among others, a pending
study on the smalltooth sawfish, a species that is listed as critically
endangered by the International Union for the Conservation of Nature Red List.
In the United States, the smalltooth sawfish population was listed by the
National Marine Fisheries Service as endangered under the ‘Endangered Species
Act’ in 2003.
Southwest Florida Real Estate News & Forecasts
News and forecasts that impact the Southwest Florida's real estate industry & economy.
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Monday, January 14, 2013
Wednesday, January 2, 2013
Enterprise Florida Did Well in 2012
Enterprise
Florida, Inc, the official economic development organization for the state of
Florida, which helps innovative, high growth businesses start up, locate or
expand in Florida, recorded a 23 percent increase in competitive economic
development projects, bringing 30.4 percent more jobs than in the prior year.
Gov.
Rick Scott, in a press statement said, “During
the past year, Enterprise Florida and its economic development partners
excelled in creating and retaining jobs for Florida families. Florida has had
the largest drop in unemployment in the country since December 2010 and has
created nearly 175,000 private-sector jobs – and EFI has played a tremendous
role in that achievement.”
Thursday, December 27, 2012
New Businesses Setting Shop in Cape Coral
Just
recently, Cape Coral Gourmet Food and Wine has opened the doors and welcomed
their public in. Located at 4643
Coronado Parkway, Cape Coral Gourmet Food and Wine offers gourmet food, fresh
deli meats, cheeses and groceries with a strong German influence. Among the
specialty items that available there are venison, goose, Cornish hens, spreads,
Hors d'oeuvre, specialty condiments and more. And their large selection of
wines begins at just nine dollars a bottle.
Thursday, December 13, 2012
Florida’s Outstanding Debt Shrinking, Credit Rating Rising
Florida's outstanding debt has dropped for the second year
in a row to $26.2 billion. Two years of debt reductions came after about a
decade of increasing debt loads and represents the first year-over-year drops
in 20 years. Director of Bond Finance Ben Watkins in a report said that the
state reduced its debt by about $1.5 billion this year, following last year's reduction
of debt by $500 million. The drop to $26.2 billion as of June 30 from $28.2
billion in 2010, he explained, was largely due to Gov. Rick Scott’s move to
limit new bond issuance last fiscal year to the lowest since 1990, as well as
to reduce demand for infrastructure spending and to refinancing that saved $1.1
billion.
Wednesday, December 12, 2012
City Council OK Kayak Club To Use Cape Coral Property
Recently, the city council allowed the Canoe Kayak Club to use the Parks and Recreation building near Lake Kennedy. Some expected that the approval by the city council to allow the canoe club to use the Cape Coral property will be a breeze, however it caused some debate after a council member questioned the possibility of the organization to solicit deals from several communities.
Friday, November 30, 2012
Personal Income Up and Still Rising in Southwest Florida
Personal incomes are up throughout Southwest Florida according to data released this week by the Bureau of Economic Analysis. Per capita income in the Cape Coral-Fort Myers area increased 5.4 percent to $43,022 in 2011. Naples-Marco Island, which has the sixth highest per capita income in the nation at $59,264, saw a 5.1 percent jump. Punta Gorda posted an average income of $35,161, a 4.7 percent increase.
Wednesday, November 28, 2012
Cape Coral-Fort Myers: 22nd Fastest Growing Area
According to statistics released Tuesday by Pitney Bowes Software of Stamford, Connecticut, Cape Coral-Fort Myers will be the 22nd fastest growing major metro area in the country, growing at a brisk 1.2 percent annually over the next five years.
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