A new Wendy’s restaurant in April will be the first business at Flagler Central Commerce Park in Bunnell, a 1 million square foot commercial development seven years in the works. So far, no other business has signed up.
Real Estate & Development
Postcard-Size Economic Development: Palm Coast’s Plea to Absentee Property Owners
The city administration is planning to send postcards to owners of some 18,000 empty lots and 5,400 empty homes as a step to reviving the real estate market, though the city’s development policy is at cross-purposes with filling those empty lots.
Negotiations Over New Pier Restaurant Lease Crawl Between Nods and Deal-Breakers
A marathon negotiating session over a new Pier Restaurant lease between the Flagler Beach City Commission and restaurateur Raymond Barshay left several issues unsettled.
Greasy Spoon No More? Flagler Beach Ready to Negotiate New Lease for Pier Restaurant
A year of indecision later, Flagler Beach city commissioners will discuss a 31-year lease with Ormond Beach restaurant owner Raymond Barshay at a special meeting of the commission on Dec. 22.
Trial May Settle Ginn-County Dispute Over Towering Condo at Hammock Dunes
Neighbors and the county strenuously objected to Ginn-Lubert-Adler’s proposal to build a massive, 561-unit condo-hotel on the beach at the end of 16th Road, even after the developer scaled back the proposal to 289 units.
Deceptive Calm: Flagler and Florida Spared 3rd-Busiest Hurricane Season on Record
The calm is deceptive: Florida has done nothing to reduce its colossal property-insurance exposure. To the contrary. Builders are increasingly encouraged to build anywhere to reverse the effects of the real estate crash.
Wrongful Foreclosure: What You Need To Know
Banks and foreclosure defense attorneys disagree on whether errors in the process have caused wrongful foreclosures — but their definitions of what constitutes a “wrongful foreclosure” differ.
20 Years On, With $1.17 Million Pay-off, County Approves Hunter’s Ridge Megadevelopment
The 3-2 vote clears the way for yet another development, this one for 2,302 houses and 600,000 square feet of commercial and industrial space, in a county facing a potential for 40,000 new homes despite a depressed real estate industry.
Delinquent on Taxes and Other Dues, Hunter’s Ridge Development Wants More Favors
Three years in arrears on taxes and delinquent on $4.5 million it owes the county for a golf course it never built, Hunter’s Ridge now wants to almost double its density to 2,657 homes. Commissioners are puzzled.
Lowe’s Ups Drywall Settlement to $100,000 Per Victim, Closing Gap With Lawyer Payouts
The home-improvement Lowe’s chain had previously offered no more than $4,500 in cash and gift cards to victims whose health or homes were hurt by defective drywalls bought from Lowe’s stores, and much more to lawyers. The new agreement evens out the potential payments.