From: Scott Costello <scott@advantagepublishinginc.com>
Subject: Building Edge March 3rd E-News Briefs
Reply: scott@advantagepublishinginc.com
Building Edge Magazine - e-News Brief 

March 3, 2008      |      www.BuildingEdgeMagazine.com

 

In preparing for an upcoming article in Building Edge and HOME about why Now is a Great Time to Buy, we came across some interesting information. What we have discovered, is very hard to find in the mainstream media - that this really is a great time to buy a home. The negative news is so prevalent in the media that builder associations, realtors associations and chambers of commerce have taken it upon themselves to get the message out. The most telling statistic of all came from a recent article in the Boston Globe that we have linked to below where Treasury Secretary Henry Paulson reported that 93% of all mortgages are being paid on time.  NINETY-THREE PERCENT!!!!  Can you imagine if Tim Tebow completed 93% of his passes, and every newspaper in the country went nuts about the couple of passes that were missed? He also pointed out that less than two percent of mortgages are in foreclosure.  Isn't it time that we focus on the positive, and showcase why now is a great time to build/buy?

 

On a more positive note, The Home Show, co-sponsored by BANCF, will take place this weekend at the Stephen C. O'Connell Center. This annual event is a great opportunity to learn about all issues related to home and garden. Some of the best in our industry will be out showcasing their wares. I am sure Custom Home Entertainment will have the cozy theatre seats for us to enjoy.  I also know that Robinshore, Inc. will be out and have a rock-climbing wall at their booth. Last year, over 6,000 people attended the Home Show. 

 

This week is the final week to participate in the Inaugural Building Edge Industry Buyer's Guide. This will be available in the April issue of the magazine, and provides an opportunity to showcase what you do, what markets you serve and provide a resource that is easy to find you. Please contact us today if you are interested in participating.

 

Finally, we continue to keep Marty McFall and his family in our prayers. McFall, the owner of Martin P. McFall Builders, Inc., is recovering from a serious accident he suffered a few weeks ago. From the update we received last week, Marty was still in the hospital and in an induced coma. Please keep Marty and his family in your thoughts and prayers.

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Our March issue will be online this week, and started mailing last week. You should have your copy around March 10th. The cover story is on Jay and Randy Robinson with G.W. Robinson Remodeling, LLC. The National Feature is on Windows: Style, efficiency, architecture, and glass technology. Look for this issue to start arriving next week.  You can also view it in advance at www.BuildingEdgeMagazine.com

 

Our April issue, with its annual spotlight on the Builders of the Parade of Homes™, closes this week. The National Feature is on kitchens. Our Developer Spotlight in this issue is on Deltona Corporation.  We will be covering the Parades in Alachua and Marion counties.  This issue will also be the inaugural Buyer's Guide issue.

In May we will feature, The Enclave Apartments developed by Collier Enterprises, and constructed by Davis and Sons Construction. The National Feature will be on Outdoor Living: decking, landscaping, fencing, outdoor lighting, retaining walls, outdoor kitchens, fireplaces. We will also recap the Columbia County Showcase of Homes and the BANCF Home Show.

 In June, we return to Ocala, and feature Claeys Construction. The National Feature will be on Doors: entry, interior, patio and overhead.  This will be the issue that we recap the Spring Parade of Homes™.

We are excited about these issues, and look forward to your participation.

Our Winter 2008 Commercial issue, featuring Trunnell Construction, is online, and has arrived in the mail.

 

The Spring 2008 issue of Commercial Building Edge has been sent to production. 2007 Marion County Small Business of the Year Stentiford Construction Services, led by Paul Stentiford is our cover story. We are also in the process of developing a website for Paul and his team with a hopeful launch date right around the time this issue is published. Please call us for details.

 

In the Summer, we will feature Nathan Collier and Paradigm Properties.

  

HOME™:  Living in the Heart of Florida:

Our winter issue is still available. Distribution is at over 400 locations, including the Gainesville Chamber of Commerce, Ocala Marion County Chamber of Commerce, Newberry/Jonesville Chamber of Commerce, Williston Chamber of Commerce and the Gainesville Regional Airport.  The cover story is a feature on Sister Hazel'sAndrew Copeland. If you would like to view the issue online or subscribe to the magazine, please view us at www.LivingintheHeartofFlorida.com

 

Sales have now closed on the Spring issue, and we are very excited about this issue. Paige Beck, of WCJB TV20, is our cover story. In addition to the Paige Beck story, we have some great features planned, including an in-depth, follow-up on the story in the current issue on the Hidden Costs of Homebuilding, another on the renovation of Gainesville's Ronald McDonald House and others dealing with energy efficiency and the new Team Florida in the AAFL. For more information, please email us at info@advantagepublishinginc.com or call us at 352-372-5854. If you would like to see our past issues, please visit our website at www.livingintheheartofflorida.com.

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Local Housing Market May Get Boost in Spring

January home sales reports show the housing slump has slogged into the new year, but industry insiders see positive signs with the start of the spring buying season in Gainesville and economic help from the state and national government.  U.S. sales of existing homes and condominiums fell 0.4 percent to the lowest level in almost 10 years, The Associated Press reported, and the median price fell to $201,100, a 4.6 percent drop from a year ago, according to the National Association of Realtors.  Florida sales of existing single-family homes fell 28 percent and the median was down 14 percent, from $242,700 to $208,600, according to the Florida Association of Realtors. 

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Ambulance to Have Permanent Home

A certain Alachua County ambulance, known as Rescue 1, has been shuffled from location to location since the early 1980s - even living in the parking lot of an apartment complex for a time. But plans to build a permanent home for Rescue 1 are now official, as a groundbreaking was held Tuesday to mark the spot where EMS Station No. 1 will be built next year.  "This has been a long time coming," said Alachua County Fire Rescue Chief of Operations Ed Bailey. "It's one of our busier units. We're quite excited about it."              

 

Comp Plan Gets County Evaluation

It took a few years to write, and then a few years to implement because of a lawsuit, and now Alachua County's comprehensive plan is already up for review. Meetings will be held in all corners of the county for both residents and for special interest groups to learn what should be changed in the plan for the state-required Evaluation and Appraisal Report. The first stage is to identify the significant issues in your community, and it should be fairly specific things," county Principal Planner Steve Lachnicht said. "We're making an effort now to open our ears and get all of this input."

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Gainesville an A-List City

Following last year's No. 1 ranking in the book "Cities Ranked and Rated," Gainesville continues to rack up honors on lists, most recently as the No. 1 place to retire during an economic downturn, according to a Monday article on SmartMoney.com. Earlier this month, Forbes.com ranked Gainesville No. 22 on its list of smartest cities in America.  Such honors may not be the kind of back-to-back titles they'll be celebrating on University Avenue, but they do tend to generate more than just a passing interest, especially when retirees are concerned.

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Lake City Councilman John Robertson Won't Seek Re-election

Dist. 13 City Councilman John Robertson will not run for reelection this year. Robertson has served as a city councilman since 1996.  Robertson, who submitted an announcement to City Council stating his intentions not to seek reelection, said he is proud of the new industries and businesses the city - working with the county and others - has brought into the city over the years.

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Get Out of the (Housing) Slump

The local housing market has been in an economic slump for several months, but the economic downturn hasn't deterred the community-minded spirit of the Columbia County Housing and Development Corporation. The Columbia County Housing and Development Corporation recently sold its fifth house. The Columbia County Housing and Development Corporation is a non-profit organization combining the expertise of Erkinger Home Builders, Inc., with the talent of Columbia High School students. The corporation was established in 2001.

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Researchers Break Ground

A small crowd braved a cold wind to attend Wednesday afternoon's groundbreaking for the University of Florida's Pathogens Research Facility.  Located southeast of the Cancer and Genetics Research Building at Mowry Road and Gale Lemerand Drive, the new building will be home to the interdisciplinary UF Emerging Pathogens Institute.  "Before the dirt flies," UF President Bernie Machen said, "we should ask ourselves, 'Why create this institute at the University of Florida?' ''

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Houses Up for Bids to First-timers

Eight houses for sale by the City of Gainesville will be available through an open bidding process to first-time homebuyers and primarily, though not exclusively, to low-income households.  A mandatory meeting at 3 p.m. today at the Thomas Center, 306 NW 6th Ave., Room 201, will outline the properties and the bidding process.  Five of the houses will be constructed on five vacant plots of land in the Depot Gardens subdivision at Depot Avenue and SW 8th Avenue, near the Porters neighborhood.

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Expansion of Shands ER Complete

Shands Starke has completed the expansion of its emergency department, doubling the size of the facility to meet a growing demand for emergency services in Bradford County. The next phase of the $4.4 million project will involve renovation of the original emergency department. It is scheduled to be completed in May. Last year, the hospital installed an eight-slice CT scanner and MRI unit.  When completed, the emergency department will have 10 beds available for patients.

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Lake County Seeks Closer Talks With EDC

Lake County wants to know more about which projects the Metro Orlando Economic Development Commission is considering for the county. Officials also want to know the information earlier in the commission's business-recruitment process. Most of the proposed changes to a draft renewal contract between the two entities include requests that the EDC report more often to Lake County's Economic Growth and Redevelopment office on what projects are docketed for Lake County. Monthly reports to the Economic Growth and Redevelopment office are explicitly requested on business promotion and retention in the county.

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City OKs Study of Expansion Area

Gainesville city commissioners voted unanimously Monday to authorize spending up to $20,000 to examine the possible expansion of the east Gainesville redevelopment district, one of four that qualifies for development incentives. Possible incentives that would be available in the expanded district are tax reimbursements and grants to assist development and redevelopment. Four districts, totaling 2,748 acres, are now eligible for those incentives. The expansion area proposed initially was 1,442 acres, almost double the current east-side district, but commissioners moved not to study two substantial areas included in the initial study: the airport industrial park and the proposed Hatchet Creek development area.

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Panel Advances Amendments to Change Funding of Schools

Several measures that could revamp the way Florida's public schools are funded advanced Monday over the objections of education lobbyists, as a panel that has the ability to offer changes to the state constitution continued its work. One constitutional amendment would scale back the current class-size amendment adopted by voters in 2002. The other amendment would require that at least 65 percent of each public school district's funds be spent on classroom education.

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Plans for Development Swamped

Wetlands and swamps are standing in the way of development in east Gainesville, said some Alachua County commissioners, and they want to change that.  Chairman Rodney Long and Commissioner Cynthia Chestnut said they want more "flexibility" in environmental regulations to enable more development, and they are pushing for changes in county documents to accomplish that.

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West Ocala Redevelopment Makes Strides With Habitat

The redevelopment of west Ocala is making strides. Recently, a unique group of volunteers from across the country made a visible impact on the community and built lifelong friendships in the process. Ten days ago, 17 volunteers with Habitat for Humanity International's RV Care-A-Vanner program drove their RVs into Ocala and parked. While on the road, these travelers make charitable pit stops across the country to build affordable housing for families in need. While in Ocala, their goal was to build a home from the ground up in less than two weeks. And if not for time lost due to rainy weather, they might have done it. They did get close. By day's end on Friday the roof was almost finished, and windows and doors had been installed.

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Subdivision Proposed for South of City

Developers are aiming to build a 300-unit subdivision at the southern end of Leesburg.  Some city commissioners argued yet another housing development could add to traffic woes in the city.  Zellwood Properties has applied to annex 103 acres into Leesburg and build 148 single-family homes and 152 townhouses just north of Austin Merritt Road on County Road 48.Commissioners' first review of the requests promoted discussion on how Leesburg wants to grow. Commissioners Lewis Puckett and Bill Polk said expansion for the sake of expansion, when the city must foot bills for police and fire protection, might not be the best move.

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USGBC Heart of Florida Chapter
 


Palm Beach County Plans to Go Green with New Schools

Plentiful natural light shining on students. Low-flow plumbing fixtures in campus bathrooms. Parking spaces for teachers' hybrid vehicles.  Green public schools are coming to Palm Beach County, with the first environmentally friendly site opening in August next to the Pine Jog Environmental Education Center west of West Palm Beach.  The School Board on Wednesday agreed to seek special green standards for three more construction projects scheduled for the next two years, despite balking at spending $585,620 for extra design costs on three previously approved projects.

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Hefty Citizens Surcharges a Threat

Homeowners covered by the state-run insurer could face multiple double-digit assessments on their policies if lawmakers don't make certain changes in the legislative session that starts Tuesday.

Assessments could be more onerous for business owners, owners of second homes and snowbirds with vacation homes insured by Citizens Property Insurance. Assessments are added to premiums if Citizens runs out of money to pay claims after a storm.

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Crist Says Energy Reform a Priority

Editor's note: This is the third in a series previewing major issues facing the Legislature, which convenes its annual session Tuesday.  Solar energy is practically nonexistent in the Sunshine State.  Wind power is just as scarce, despite what the U.S. Department of Energy describes as "sufficient wind resources to use large-scale turbines near the coasts.''  Ethanol? Almost none of that either in a state that is a top agriculture producer.

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Panel Tasked with Taxed Reform Finds Going Difficult

Facing a historic chance to fix a widely scorned tax system, a powerful group of the state's political elite is finding words are easier than action.  With less than three months of life left, the burdens facing the Taxation and Budget Review Commission, or TBRC, may deflate those hoping for sweeping changes to the state's property and sales taxes.  "My biggest fear is these very lofty expectations that are out there," said Allan Bense, the TBRC chairman and former House speaker. "The easier ones, the low-hanging fruit, we'll be able to move forward on. Those that have sweeping public policy impact, I think those will be tougher."

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Property Tax Cut Approved, Service Tax Planned

A property tax relief plan advanced Monday without a provision that would have required the Legislature to consider taxing at least some services to help offset the $8 billion annual revenue loss.  Two nearly identical proposed state constitutional amendments each would reduce property taxes by 25 percent. The Legislature could replace about half of the money that school districts and local governments would lose with a 1 percentage point increase in the state's 6 percent sales tax. Repealing some sales tax exemptions, which range from stadium skyboxes to bottled water, is one of several other options.

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Lawmakers Crack Down on Copper and Metal Thefts

Last week Rep. Baxter Troutman (R-Winter Haven) and Attorney General Bill McCollum joined Sen. Victor Crist (R-Tampa) and Sen. Lee Constantine (R-Altamonte Springs) in unveiling legislation for the 2008 Legislative Session designed to put an end to secondary metal theft, a surging crime trend plaguing residents and businesses across Florida.  "This criminal trend is not only destructive, it is dangerous," said Attorney General McCollum. "I applaud our legislative leaders for their proactive stand against this issue."

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Lee County Commission Postpones Impact Fee Vote

As work bottoms out and layoffs mount, builders and developers all but begged Lee County Commission to use the defibrillator.  Unfazed, commissioners didn't see an impact fee reduction as a life-and-death matter. Commissioners put off a much-anticipated decision on whether to eliminate or decrease impact fees as a way to stimulate the local economy, asking staff to report back in two weeks with more information. The board does not meet next week.

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Use Reserves, Crist Urges Dig into Reserves, Governor Suggests

Gov. Charlie Crist signaled Tuesday that he doesn't like legislative leaders' half-billion-dollar plan for cutting this year's state budget, saying they should use reserves to avoid education cuts. Lawmakers could decide as early as next week to strip another $357-million from public education in the current year. The reduction, slightly over 1 percent, is part of a plan unveiled Monday to cut state spending by $542.5-million by June 30 in response to a drop in state revenue.

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Low Prices Reel in Home Buyers

Neal Communities sold nine homes in three days in its new Forest Creek community in Parrish, builder Pat Neal said Monday.  The sales boom came during the Home Builders Association Parade of Homes which started Saturday and continues until March 9.  Eight of the homes that sold are cottages in Neal's Cafe Collection, which are priced from $122,900 to $153,900, Neal said.  One of the sales was in the mid $200,000-range for a home with 2,382 square feet, said Miranda Oswald, sales director for Neal Communities.

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St. John Missed Plane Deadline, Will Take Time to Do It Right

The state has imposed a moratorium on all but the largest developments requiring comprehensive plan amendments in St. Johns County, because St. Johns officials missed a deadline for submitting an important report to the Florida Department of Community Affairs.   Every seven years each local government in the state is required to evaluate and appraise its comprehensive plan and submit a report to the Department of Community Affairs. St. Johns County's report was due in September but has not yet been submitted.

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Paulson Rejects Government Bailouts

Treasury Secretary Henry Paulson said Thursday that many proposals being put forward to deal with the housing slump would do more harm than good.While he still believes that the housing problem remains the biggest downside risk to the economy, Paulson said the issue needed to be put in perspective. He said 93 percent of all mortgages are being paid on time and that less than 2 percent are in foreclosure.

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A Panel of Economists Expects the U.S. to Avoid a Recession

The U.S. economy will probably avoid a recession, but growth will slow drastically during the first half of this year, a panel of business economists forecast Monday. On the panel of 49 economists in the National Association for Business Economics who were surveyed between Jan. 25 and Feb. 13, 55 percent said the slowdown would be relatively mild. The remaining 45 percent said they believed a recession would occur by the end of this year, though most of them expected it to be short and shallow.

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Wind Energy Confronts Shortage of Transmission Lines

As wind farms sprout across the country, they're kicking up a new quandary: how to zap the electricity to homes and businesses that need it.  The USA's wind-power boom, especially in rural parts of Texas, the Midwest and California, is poised to outstrip the capacity of high-voltage lines to send the electricity hundreds of miles to population centers such as Dallas, Chicago and Los Angeles.  The transmission-line shortage is threatening to slow wind energy's breakneck growth and could prevent some states from meeting renewable energy mandates.

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Architect John Peterson Building Goodwill

Public Architecture has five employees. The spacious loft it shares with four other businesses is upstairs from a fetish-gear boutique.  But if the firm's size and location are humble, its ideas are big - and one of them is beginning to transform the architectural profession.  "There's a great desire among architects to do work that's socially relevant," says John Peterson. "We're talking about improving public life for everybody."

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Fee Hike on Home Borrowers Highlights Need for GSE Reform

In response to Freddie Mac's announced plan to impose higher lending fees and stricter downpayment requirements on home buyers, Jerry Howard, executive vice president and CEO of the National Association of Home Builders (NAHB), today issued the following statement: "With the housing sector in the midst of its worst downturn since World War II, Freddie Mac's decision last week to raise the fees it charges on higher loan-to-value mortgages and on borrowers with lower credit scores could not come at a more inopportune time.

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Bernanke Doesn't See Return of 70's Woes

Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn't "anywhere near" the dangerous stagflation situation of the 1970s. With the economy slowing and inflation rising, fears have grown that the country could be headed for the dreaded twin evils of stagnant growth and rising prices known as "stagflation." "I don't anticipate stagflation," Bernanke told the Senate Banking Committee. "I don't think we're anywhere near the situation that prevailed in the 1970s."

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Wall Street: 100% for Half-point Fed Cut

Ben Bernanke didn't tell Congress this week exactly what the Federal Reserve would do next, but the central bank chief certainly left Wall Street with the impression that a half-point cut is a sure thing. Federal Reserve policymakers are scheduled to meet again on March 18. Right now futures listed on the Chicago Board of Trade indicate that investors are pricing in a 100% chance of a half-point cut and a 32% chance that the Fed will slash interest rates by three-quarters of a percentage point.

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Home Buyer Tax Credits Needed to Jump Start Housing and the Economy

With the housing industry facing its greatest crisis since the Great Depression and the economy teetering near recession, the National Association of Home Builders (NAHB) today called on Congress to move quickly to enact a second round of economic stimulus directed squarely at the housing sector. Specifically, NAHB believes the best policy is to create a tax credit for the purchase of a home.  "The biggest bang for the buck most likely would be provided by a temporary home buyer tax credit," NAHB Chief Economist David Seiders told the Senate Finance Committee.

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New Housing Bill Faces Veto

The White House promised on Tuesday to veto a bill seeking to follow up the recent economic stimulus package with several proposals to shore up the struggling housing market and reduce foreclosures. Senate Democrats had hoped to begin debate on the housing bill on Tuesday, but action has been put off until later in the week, if not later. The Democratic housing bill would change bankruptcy laws to allow judges to cut interest rates and reduce what's owed on troubled borrowers' mortgages, provide $4 billion to communities to purchase and rehabilitate foreclosed homes, and improve disclosure of subprime mortgage loans in hopes that borrowers won't be surprised by big payment increases.

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Fed Ready for More Rate Cuts

The Federal Reserve is ready to lower interest rates again to brace the wobbly economy even as zooming oil prices spread inflation, Chairman Ben Bernanke signaled to Congress on Wednesday. He is fighting to keep the economy afloat after mighty blows from the housing and credit crises, while trying to contain inflation. For now, the priority is shoring up the economy, Bernanke suggested in an appearance before the House Financial Services Committee. He pledged anew to slice a key interest rate and help the economy, which many fear is on the verge of a recession, if not already in one.

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New-Home Sales Move Lower in January

In the latest evidence of the continuing contraction in housing markets, the U.S. Commerce Department reported today that sales of new single-family homes declined 2.8 percent in January to a seasonally adjusted annual rate of 588,000 units, the slowest pace since February of 1995.  While home builders are reporting some glimmers of buyer interest starting to develop, many consumers are still firmly planted on the fence, waiting for just the right incentive to make their move," said Sandy Dunn, president of the National Association of Home Builders (NAHB) and a home builder from Point Pleasant, W.Va.

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Wall Street Sees Signs of a Bottom

Wall Streeters who are betting that the stock market reached a bottom point last month were encouraged by Tuesday's action.  Oil prices settled at a record high of $100.88 a barrel. The January Producer Price Index showed that wholesale inflation surged at the fastest pace in 16 years. Consumer confidence fell to its worst level in five years. And another report showed home prices plunged in December at the end of a brutal 2007.

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Dragonfly Plans to Open Ocala Restaurant

Another Gainesville-based, upper-end restaurant appears to have its sights on Ocala. The owner of the Dragonfly Sushi & Sake Co., perennially listed among Florida Trend's Top 500 restaurants in the state, confirms the restaurant is likely to be part of the Market Street at Heathbrook mall on Southwest State Road 200 by the end of the year. "We're still in the final stages of the lease and nothing is set yet," said Hirofumi Leung, president of Imagin Asia Restaurant Management Group, which owns Dragonfly Sushi. Still, he expects to make an official announcement within the next couple of weeks.

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Ground Broken on Apartment Complex

Lake City and Columbia County officials assist Stephen Cheeseman, owner and developer of Windsor Arms, LLC, in a ground breaking ceremony Tuesday morning at the site of their new Windsor Arms apartment complex. Fourteen buildings will house 200 units, consisting of furnished, unfurnished and executive suites.

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Brandsmart Takes on "Green" Construction

The words 'green' and 'big box' don't naturally roll off the tongue together.  The cavernous retail stores are often the target of environmentalists aghast at their energy consumption and heat-inducing, stormwater runoff-causing parking lots.  At first glance, Brandsmart USA's stores would seem to fit that description big, gaudy spaces crammed full of energy-consuming electronics.  But the company plans a store near the Mall of Georgia in Gwinnett County that will break some of those stereotypes. This Brandsmart would be metro Atlanta's first retail big box to carry the U.S. Green Building Council's seal of approval.

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District Looks for Buyers

The Lake County School Board took steps Monday to rid the district of vacant school properties.  There are several properties district officials would like to sell or find an appropriate use for, but the Lee Adult Education Center and Dabney Elementary could provide immediate cash as the district heads into a tight budget year.  The board approved April 21 as the sales date for the Lee Adult Center and bids will remain undisclosed until that time.

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Building Demolished Downtown

Demolition crews used a trackhoe to knock down the former Hacker Signs and Graphics building on North Marion Avenue on Monday morning.  The demolition work at 369 N. Marion Ave. was completed by an excavator which ripped into the building, tore its roof off and then pummeled the cinder blocks into a heap of rubble. The debris was hauled away by dump trucks.  The demolition was ordered by the Lake Shore Hospital Authority Board, which purchased the building and property nearly six months ago as part of its master plan. The board paid $253,000 for the property.

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Country Approves Zoning Change

A mix of business and industrial development is planned on a wooded 218-acre chunk of land between the Dunnellon/Marion County Airport and the Dunnellon city limits. The property sits along the north side of County Road 484, about a half mile west of the airport property and less than a half mile east of the city limits.  Last Tuesday, the County Commission approved a zoning change for the land from an agricultural designation to a mix of heavy business on approximately 137 acres near CR 484 and light industrial on approximately 81 acres on the northern part of the property.

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