Stet News🛒 Two years ago, Stet reported that Related’s Stephen Ross was buying land north of Banyan Boulevard in downtown West Palm Beach. Now we know why. The block on Rosemary Avenue at the entry to the historically Black Northwest Neighborhood is where he wants to build a larger Publix. (The Palm Beach Post $$$)
🎟️ Related also is working with Live Nation to build an indoor entertainment complex on the property immediately east of the Publix site — the Palm Beach County-owned courthouse surface parking lot. The news came as Related broke ground Wednesday on two CityPlace office towers with 1 million square feet of offices. (The Palm Beach Post $$$)
🤖 Silicon Valley-based software company ServiceNow is exploring a major expansion in West Palm Beach. The firm employs 26,000 people. (Bloomberg via Yahoo News)
🎥 The mayor of Miami Beach is proposing to terminate a lease agreement and discontinue thousands of dollars in financial support for an independent film theater after it screened an Oscar-winning documentary, “No Other Land.” The film about the conflict between Palestinians and Israelis offers “a false one-sided propaganda attack on the Jewish people that is not consistent with the values of our city and residents,” Mayor Steven Meiner said. (Miami Herald $$$)
💵 Myosin Therapeutics, a Jupiter-based biotech company developing medications to treat brain cancer and meth addiction, secured $3 million from investors. CEO Courtney Miller is a professor at The Herbert Wertheim UF Scripps Institute for Biomedical Innovation & Technology. (South Florida Business Journal $$$)
⁉️ Insurance regulators struggle to explain why a stunning 2022 report revealed by the Tampa Bay Times in February wasn’t made public. The report said companies made billions while raising premiums for Florida property owners. (Florida Politics)
🖼️ Student art is for sale as part of a partnership of the county clerk’s office and Dr. Joaquin Garcia High School west of Lake Worth Beach. An online auction of the work will be open until March 24. Proceeds help pay for arts programs at the school. (Register and bid here)
