7 things to know today!
Good morning, Orlando!
Since New York-based global golf entertainment company Drive Shack Inc. (NYSE: DS) will debut its $20 million-$25 million golf-themed driving range and entertainment complex in Lake Nona later this spring, you might be wondering if there will be any unique features at the new location.
Wonder no more: CEO Sarah Watterson talked with OBJ about how Drive Shack’s Orlando site will take fun to a whole new level with the most advanced technology in the business, as well as exceptional food and drink options.
What’s planned for $500M+ former Flea World redevelopment
The 111-acre site that once housed Seminole County’s iconic Flea World soon may begin its transformation into a new mixed-use project centered around nature. More here on what’s being envisioned for the site.
Lockheed Martin, SAAB Defense & Security win a combined $607M in contracts
A couple of global defense firms were awarded big U.S. military contracts for work on F-35 parts and U.S. Army training support, according a report from the U.S. Department of Defense. And some of that work that will take place in Orlando. More here.
Valet parking firm to cut nearly 100 workers
AAA Parking, an Atlanta valet and event parking services company, plans to lay off 99 employees on April 30 at sister properties Hilton Orlando Bonnet Creek and Waldorf Astoria Orlando, according to a notice filed with the Florida Department of Economic Opportunity.
Images revealed of planned apartment buildings at Disney’s Flamingo Crossings
Walt Disney Imagineering Research & Development Inc.’s related Flamingo Crossings LLC on March 19 filed an application and land-use plan in Orange County that included renderings and elevations of its “Flamingo Crossings West,” the nearly 1,300 apartment units planned for 93.3 acres south of Flagler Avenue called “Flamingo Crossings West.” More here.
A new study from Wallet Hub shows Florida ranks slightly below average for property taxes, coming in at No. 27 among the 50 states. Here in the Sunshine State, we pay on average $1,702 in real estate taxes on a median-priced home. See the full report here.
Gas prices rise in time for spring break
Gas prices are on the rise once again, after declining for nearly two weeks, AAA reports. The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.65), while the cheapest can be found in Punta Gorda ($2.48).