The reduction is required by law. They’ve been over-collecting for years. Palm Coast, Florida – July 14, 2008 – The City of Palm Coast, Florida has been collecting too much money for building permit fees for years. The accumulated surplus (with interest) now stands at more than $7 million. The outcome of a council workshop […]
What’s happening at Matanzas? Why is LandMar so quiet? What roll does Hampton Golf play? Palm Coast, Florida – July 13, 2008 – (Updated August 13, 2008) – Palm Coast real estate developer LandMar Group has been pretty quiet lately. But GoToby.com still gets questions, particularly about Matanzas, Hampton Golf, and Pelican Bay. I got […]
This lot was one of Toby’s Picks, originally purchased in 2005 for $339,900. Palm Coast, Florida – July 11, 2008 – Palm Coast’s real estate community celebrates the first lot sale in Bobby Ginn’s Conservatory at Hammock Beach. For the past two years, owners of Conservatory lots have watched the value of their properties decline […]
It’s taking longer than we thought it would, but then we knew it would. First play now projected in September 2009. Palm Coast, Florida – July 12, 2008 – Nearly every day, one or more GoToby.com readers inquires about the status of the City of Palm Coast’s takeover of the Palm Harbor Golf Course. Many […]
Bonkers, a hi-tech arcade opens Saturday at 10 am. Free tokens will be given to First Responders (police, fire & EMS personnel) and their families. Palm Coast, Florida – July 11, 2008 – Bonkers, a hi-tech arcade, opens Saturday, July 12th, the first store to open in the new City Walk Plaza in Palm Coast, […]
The SuperTarget store in Town Center will open before the Palm Coast Landing Grand Opening Palm Coast, Florida – July 10, 2008 – According to the daughter of a Target employee, the new SuperTarget at Town Center will open at the end of July. A "soft opening" for friends and family is scheduled for Wednesday, […]
Company risks bankruptcy if $125 million in convertible notes are not repaid August 5th. Palm Coast, Florida – July 9, 2008 – Florida real estate developer WCI Communities faces a debt crisis on August 5th when $125 million in convertible notes are due to be repaid. Industry sources say that the company does not have […]
Festivities planned for opening of Town Center’s big box retail complex anchored by a SuperTarget Palm Coast, Florida – July 8, 2008 – The long anticipated Grand Opening of Palm Coast Landing has been set for August 9th. Palm Coast Landing is the "big box" retail plaza for Town Center, located on the north side […]
The pendulum is starting to swing the other way. Palm Coast, Florida – July 4, 2008 – The first half of 2008 has passed. How did the Palm Coast, Flagler County, Florida housing market perform in the first six months? What’s the prognosis for the months to come? I’ll attempt to answer both questions in […]
Signaling cash flow woes, Ginn Clubs and Resorts missed principal and interest payments on its first- and second-lien debt. Palm Coast, Florida – July 2, 2008 – Well funded private developers are not immune from the cash flow problems already exhibited by higher profile public companies like WCI Communities. On Monday, Palm Coast, Florida’s largest […]