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 […]
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 […]
December 19, 2006 – Update – The Ginn Company’s purchase of the Centex Destination Properties (CDP) assets continues to be a story of interest, not only in Palm Coast, Flagler County, but anywhere eit December 19, 2006 – Update – The Ginn Company’s purchase of the Centex Destination Properties (CDP) assets continues to be a […]
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 […]
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 […]
An old rumor with a new twist December 12, 2006 – Several people have told me over past months that Admirals’ Cove, Ginn’s condominium in Yacht Harbor Village was sinking. I didn’t give the story much credibility but recent information makes the rumor very interesting. I’m told that the building is not sinking – simply a rumor. […]
Disney may be coming to St. John’s County, just north of US 1 December 7, 2006 – Almost three years ago I heard that a major theme park company had locked up much of the triangle of land bounded by Interstate 95, SR 206, and US 1 in southern St. John’s County. At that time, the […]
No confirmation and little corroborative evidence, but still a nice rumor December 7, 2006 – Some rumors are so solid, I’m tempted to put them on the news page. The Ginn purchase of Centex lasted as a rumor only a few days before being upgraded to solid news. On the other hand, some rumors a unsubstantiated, […]
Growing number of analysts beginning to hint that the country’s housing slump may be over. Optimism is rising on housing market LOS ANGELES – Dec. 4, 2006 – A growing number of analysts are beginning to hint that the country’s housing slump may be over, pointing to a rebound in home builder stocks […]
November 24, 2006 – My October 29 th newsletter examined the proposition that Palm Coast Lots (PCL’s) are a good indicator of the Flagler County real estate market. At that time, lots were showing some minor price erosion. But when a local developer told me the other day that they were buying PCL’s for prices in […]