Stet News💰 West Palm Beach is offering the Salvation Army $9.5 million to buy out the nonprofit agency’s lease on 3 acres of city land in the Northwest Neighborhood at 600 N. Rosemary Ave. The agency runs a community center on the land, built by the city in the 1990s. (The Palm Beach Post $$$)
Officials broke ground last month in Lake Worth Beach on the largest workforce housing project built with money from Palm Beach County voter-approved affordable housing bonds. The $62 million Residences at Lake Worth by the Richman Group will consist of 195 income-restricted apartments. The project’s financing includes a $13 million low-interest loan from a $200 million bond issue approved by voters in 2022. (Lake Worth Beach Independent)
🌐 Boca Raton is a hub for 11 undersea fiber-optic cables, part of a vast, invisible global network that may date to when Tyco International was headquartered in the city 20 years ago. (The Coastal Star)
- Meanwhile, a long-running lawsuit involving one of those cables, owned by Globenet Cabos Submarinos America, involves Delray Beach developer William Swaim and onetime West Palm Beach powerbroker Bill Boose. (The Coastal Star)
💺 Related Ross is one of several partners in San Jose-based Archer Aviation that plans to launch an “air taxi” network in South Florida. The electric-powered vertical takeoff and landing aircraft could have a downtown West Palm landing spot, as well as a spot at area airports. (South Florida Business Journal $$$)
🎤 A six-minute interview with Related Ross’ Stephen Ross, touching on Florida’s business climate, New York City under Zohran Mamdani and Ross’ ownership of the Miami Dolphins. (CNBC)
👀 What $975,000 buys in Missouri (a Tudor revival), New Mexico (an adobe farmhouse) and West Palm Beach (a three-bedroom bungalow). (New York Times gift link)
🎙️ “Top of Mind Florida,” the podcast by Michael Williams and Brian Crowley, is moving to 9 am Sunday, the time slot Michael and Brian dominated on TV for more than a decade. They announce the changes, to go into effect Dec. 14, on this week’s show, reminding viewers that in a media landscape often defined by shouting matches, they remain committed to the quiet work of civil analysis and storytelling. (Listen now; watch after 4 pm Wednesday.)
