Entries by Toby Tobin

Ginn and Centex Destination Properties Issue Press Release

Press release clarifies current purchase – does not mention future purchases January 5, 2007 –  Another update in the developing Ginn – Centex story. Ginn Resorts and Centex Destination Properties issued a joint press release (reproduced in it’s entirety below) to clarify the present status. The release makes it clear that Ginn purchased only the […]

2006 Year End Review

Looks like the bottom is near. Next year should be level with an upturn at year end. January 3, 2007 – Years 2003 through 2005 were notable for their double digit run-up in real estate prices in the Palm Coast, Flagler County, Florida market. Everyone wanted to get on the band wagon. Otherwise normal, level […]

Ginn Company Backs Away from Most of Centex Deal

Deal reduced to only a few Flagler County, Florida properties December 28, 2006 – The much talked about deal between Centex Destination Properties and the Ginn Company has unraveled, at least for now. Ginn backed away from everything but the Ocean Hammock Golf Course and the adjacent Lodge, both located along the Atlantic shoreline in […]

ALLETE Properties Receives Development Order for Its Largest Real Estate Project, Ormond Crossings

Allete subsidiary, Palm Coast Holdings parent company reaches milestone in Ormond Crossings development DULUTH, Minn.–(BUSINESS WIRE)–ALLETE Properties’ Ormond Crossings project has received a Development Order from the City of Ormond Beach, Fla., which gives the subsidiary of ALLETE, Inc. (NYSE:ALE) a key approval necessary to develop up to 3,700 residential units and 5 million commercial […]

A SuperTarget is coming to Palm Coast

No longer a rumor, Target is building a SuperTarget in the Town Center at Palm Coast December 20, 2006 – One of Palm Coast and Flagler County’s favorite rumors has moved out of the rumor category. Target Stores will build on a parcel along SR 100, west of the high school and east of Walgreen’s, part […]

Why does it take so long to build a house?

They build houses in just a few days on television. Of course everything is pre-staged and non-traditional methods are used, but why does it take 6 to 18 months in real life? December 12, 2007 – Why does it take so long to build a house?   They build houses in just a few days […]

Flagler County needs more waterfront dining

The loss to fire last night of the Shark House exposes the need for more waterfront dining opportunities in the Palm Coast area. December 12, 2006 – Last night Flagler County residents lost an old friend, the Shark House Restaurant. The Shark House was one of a handful of restaurants located on the Atlantic side […]