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  • UPDATES with VIDEO: Blue Horizon Gambling Ship Stops Cruises for Engine Replacement
  • County Commissioners Vote to Keep Tax Rates Steady
  • Town Council Considers $4 Million Budget Increase
  • 99% of Palm Beach County Currently Under Drought Conditions

 

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UPDATES with VIDEO: Blue Horizon Gambling Ship Stops Cruises for Engine Replacement
Representatives with the Blue Horizon Casino gambling ship released new details Wednesday morning to answer questions about why they've temporarily stopped the cruises.
This Week in Palm Beach 7-24-15
Click Here To See Original Full E-Newsletter HEADLINES: > Testa Plan Earns Final Architectural Approval PALM BEACH COUNTY - Palm Beach County Sets Property Tax Rate Limit - Palm Beach County Tentatively OKs New Rules For Uber; Call for Tougher Checks - Preservationists: Palm Beach County letting growth go too far too fast
County Commissioners Vote to Keep Tax Rates Steady
Palm Beach County commissioners voted unanimously Tuesday to craft the 2015-2016 budget using the same county property tax rates as the year before.  The Civic Association was there to voice concern about increasing county budgets.
Town Council Considers $4 Million Budget Increase
The Town Council is considering a $71.3 million operating budget for the year that begins Oct. 1 – a $4 million jump over this year’s spending plan. At the town budget meeting, Ned Barnes, President of the Civic Association, told the council, “The Civic Association would be concerned about any proposal to increase taxes in the Town’s 2015-2016 budget.  Spending levels tend to creep up when the economy is doing well.  It would be a mistake for us to return to the old days of inflated budgets and unnecessary expenditures just because funds are available.”
99% of Palm Beach County Currently Under Drought Conditions
The South Florida Water Management District is reporting that the wet season rainfall continues to be below average across the district’s 16-county area, with Broward and Miami-Dade counties experiencing the largest rainfall deficit of more than 7 inches below normal as of mid-July.  SFWMD says that Palm Beach County is down 11.3 inches of rain for the year.
Weiss Residential Research Predicts 15% Increase in Town of Palm Beach Real Estate
New real estate home value and monthly price change research by Weiss Residential Research has been released and the Town of Palm Beach forecast looks strong.  Weiss shows timeline map videos for real estate prices, by zipcode, from 2006 to May 2016. According to Weiss, Palm Beach County home price forecast will gain an average of 4% over the next year; but, Palm Beach (zip 33480) will increase 15%, Delray Beach (zip 33413) will be up 12%, and Lake Park (zip 33403) up 11%. 
This Week in Palm Beach 7-17-15
Click Here To See Original Full E-Newsletter HEADLINES: > Candidate Files to Challenge Townsend in 2016 Election > TOWN COUNCIL - Plan to Fill Public Safety Management Gaps OK'd - Consider Regulating Drones, Town Staff Says - Town Eyes Banning Hammocks in Public Areas
WEST PALM DEVELOPS: New Buildings, Transportation, Businesses
Planned Buildings that will Redefine West Palm Beach Articles covering major building projects including: All Aboard Florida station residential tower, The Bristol, Eighty Points West, ICON Palm Beach, Transit Village, and more.
Top Stories
UPDATES with VIDEO: Blue Horizon Gambling Ship Stops Cruises for Engine Replacement
Posted by R. Michael Brown
Published: Wednesday, 29 July 2015 16:05

Representatives with the Blue Horizon Casino gambling ship released new details Wednesday morning to answer questions about why they've temporarily stopped the cruises.

At a news conference held at a 10 a.m., officials said the ship will not offer any trips for three to four weeks so the company can install new engines at a cost of $1 million.  In addition a lightning strike hit the company's cell tower at the Port of Palm Beach which knocked out the communication system to the ship which handles its Internet, ATMs, and sports book kiosks.

The company is hoping to be back on the water in September.

Read More (WPTV)

 

Real Estate
This Week in Palm Beach 7-24-15
Posted by Sara Johnson
Published: Friday, 24 July 2015 11:48

Click Here To See Original Full E-Newsletter

Testas-Property-REV-07-65

HEADLINES:

> Testa Plan Earns Final Architectural Approval

PALM BEACH COUNTY

- Palm Beach County Sets Property Tax Rate Limit

- Palm Beach County Tentatively OKs New Rules For Uber; Call for Tougher Checks

- Preservationists: Palm Beach County letting growth go too far too fast

TOWN COUNCIL

- Town Council Considers $4 Million Budget Increase

- Town Wants Decorative Lights on New Southern Blvd. Span

- Park Project Advances with New Deadline For $1 Million in Donations

- Town Council Approves Four Arts’ Valet Parking Plan

MEMORIAL FOUNTAIN

- Council Approves Renovation Plan for Memorial Park

SHORE PROTECTION

- Town to Seek $15.5 Million From State for Beach Project Cost-sharing

IN MEMORIAM - Norman P. Goldblum 1924-2015

WEST PALM BEACH DEVELOPS

- Pedestrian Upgrades Would Boost Value of CityPlace: Experts

- CityPlace developer: We’re Not Selling this Place

SIDEBAR:

> 99% of Palm Beach County Currently Under Drought Conditions

> Committee Proposes New Rules to Regulate Charity Events

> 3 Reasons Why Palm Beach Is On Our Summer Radar

> 3 THINGS TO KNOW: The New Blue Horizon Gambling Cruise

> Sewer Work to Affect Traffic Through Summer

> Committee Recommends Compact-car Parking Ordinance

> South County, Royal Poinciana crosswalks to be redrawn

> Commission approves pump station architecture after redesign

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Top Stories
County Commissioners Vote to Keep Tax Rates Steady
Posted by R. Michael Brown
Published: Thursday, 23 July 2015 19:47

Palm Beach County commissioners voted unanimously Tuesday to craft the 2015-2016 budget using the same county property tax rates as the year before.  The Civic Association was there to voice concern about increasing county budgets.

Tuesday’s vote all but guarantees the current tax rate of $4.78 for every $1,000 in taxable property value won’t be increased because doing so would mean sending out new notices to every property owner in the county. Lowering tax rates would not require the mailing of new tax notices.

After a pair of budget hearings in September, commissioners could decide to lower the tax rate, but that would eat into the $729.9 million in revenue the current rate would generate. And based on the tenor of Tuesday’s discussion — commissioners went around and around on areas where they’d like to see more spending — lowering the tax rate would seem to be a distant prospect.

Borland IMG 6307 Web 125During the meeting, Jack Borland, a Civic Association Director and Chairman for the Palm Beach County Government Committee, spoke to the commissioners, “With strongly rising real estate values, the (tax) rate should be reduced in this environment.  Millage ought to be reduced at this point in the cycle, a sales tax increase or new bonding for infrastructure should be unnecessary in light of the new tax revenues from higher real estate values, and at some point you will need to rein in the sheriff.”

Rebounding from the Great Recession, taxable property values in the county and all of its cities rose by nearly 10 percent over the past year, exceeding the $150 billion mark for the first time since 2008.

Read More (Palm Beach Post) Subscription Required

 

Top Stories
Town Council Considers $4 Million Budget Increase
Posted by R. Michael Brown
Published: Thursday, 23 July 2015 18:20

The Town Council is considering a $71.3 million operating budget for the year that begins Oct. 1 – a $4 million jump over this year’s spending plan.

At the town budget meeting, Ned Barnes, President of the Civic Association, told the council, “The Civic Association would be concerned about any proposal to increase taxes in the Town’s 2015-2016 budget.  Spending levels tend to creep up when the economy is doing well.  It would be a mistake for us to return to the old days of inflated budgets and unnecessary expenditures just because funds are available.”

Increases in the budget are because of a $2.5 million increase for shore protection, $800 thousand for addition pension costs, creating 3.5 new employee positions, and more.

Read More (Palm Beach Daily News)

Top Stories
99% of Palm Beach County Currently Under Drought Conditions
Posted by R. Michael Brown
Published: Thursday, 23 July 2015 16:24

The South Florida Water Management District is reporting that the wet season rainfall continues to be below average across the district’s 16-county area, with Broward and Miami-Dade counties experiencing the largest rainfall deficit of more than 7 inches below normal as of mid-July.  SFWMD says that Palm Beach County is down 11.3 inches of rain for the year.

With water levels continuing to fall, SFWMD water managers have stepped up planning to managing worsening drought conditions.

An answer to the worsening condition in the Town of Palm Beach is to install an Advanced Irrigation System (AIS).

Palm Beach Town officials and the Civic Association are asking property owners to consider installing an advanced irrigation system on your property to save money and help Palm Beach conserve water.

Current local AIS users report a huge savings of 40% to 60% on their water bills, healthier landscaping, and a payback averaging under a year.

To further water conservation, the Town recently passed an ordinance that will give you a variance from day-of-week watering restrictions if you have an AIS installed. There is no fee to apply for the permit.  Once your variance is approved, that means no more code enforcement fines and your system will water only when your landscaping needs it.

To find out more about the Advanced Irrigation Variance Program, go to the Town website by clicking here.


See the video below to learn more about Advanced Irrigation Systems

 

Top Stories
Weiss Residential Research Predicts 15% Increase in Town of Palm Beach Real Estate
Posted by R. Michael Brown
Published: Wednesday, 22 July 2015 14:50

New real estate home value and monthly price change research by Weiss Residential Research has been released and the Town of Palm Beach forecast looks strong.  Weiss shows timeline map videos for real estate prices, by zipcode, from 2006 to May 2016. According to Weiss, Palm Beach County home price forecast will gain an average of 4% over the next year; but, Palm Beach (zip 33480) will increase 15%, Delray Beach (zip 33413) will be up 12%, and Lake Park (zip 33403) up 11%. 

In the price trend video red reflects falling prices, green means rising prices.

Town of Palm Beach Zip 33490 Monthly Price Change Video 2006 - May, 2016

Follow the link below and enter a zip code to see a montly price change map video of that area. Not all zip codes currently have a map but Metro Areas are shown by clicking here. Includes New York, Boston, Connecticut, and more.

See More (Weiss Index)

Flagler Memorial Bridge
This Week in Palm Beach 7-17-15
Posted by Sara Johnson
Published: Friday, 17 July 2015 11:48

Click Here To See Original Full E-Newsletter

WPBTransit-VillageHEADLINES:

> Candidate Files to Challenge Townsend in 2016 Election

> TOWN COUNCIL

- Plan to Fill Public Safety Management Gaps OK'd

- Consider Regulating Drones, Town Staff Says

- Town Eyes Banning Hammocks in Public Areas

 > BRIDGE UPDATES

- New Dates for Flagler Bridge Construction

- Flagler Bridge Construction to Detour Traffic on N. Flagler Drive in August

- Southern Boulevard Bridge Replacement Plans Progress

- Temporary Bridge's Aim is to Avoid Prior Snags

> Town of Palm Beach Tracking AED Locations

> WEST PALM BEACH DEVELOPS

- Planned Buildings That Will Redefine West Palm Beach

- West Palm Looking to Let Builders Go Bigger

- No Tesla, but More Units for West Palm Condo

- CityPlace Planning 400 Apartments, New Eateries

> PALM BEACH COUNTY

- Growth Spurs Debate in Palm Beach County

> CIVIC ASSOCIATION DIRECTORS IN THE NEWS

- James Patterson Donates $1.75 Million To School Libraries For Students To Read More

- Kravises Funding New Lab in NYC

> MEETINGS & EVENTS

SIDEBAR:

> Spate of Real Estate Closings a Sign of the Season

> PORT OF PALM BEACH

- Blue Horizon Casino Cruises to Begin Friday from Port of Palm Beach

- Florida Ports Dig Deep to Draw Bigger Ships, Create Jobs

> 150 Worth Reviving Esplanade Name

> Sanitary Sewer Reviving Forcemain Rehabilitation Project

> Gas Line Replacement

> County to Take Up Rules for Uber

> Town of Palm Beach Announces Lottery for 2016

> Town Council to Appoint Member(s) To The Planning and Zoning Commission

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Top Stories
WEST PALM DEVELOPS: New Buildings, Transportation, Businesses
Posted by R. Michael Brown
Published: Thursday, 16 July 2015 16:28

Planned Buildings that will Redefine West Palm Beach

Articles covering major building projects including: All Aboard Florida station residential tower, The Bristol, Eighty Points West, ICON Palm Beach, Transit Village, and more.

all-aboard-florida-west-palm-beach-tower-w350Many developers are eying Florida for new breathtaking and modern developments. Some are planned for West Palm Beach.

Left: All Aboard Florida station and residential tower.

Read More (West Palm Beach Magazine)

 

 

 

WPBTransit-Village

Transit Village where current Amtrak and Tri-Rail Station is.

CityPlace planning 400 apartments, new eateries

The Related Cos., the national real estate company behind downtown West Palm Beach’s renaissance, will continue to invest money in the city by adding to its signature project,CityPlace, with more residences, shops and restaurants.

Read More (Palm Beach Post)

 

Jeff Greene Adds to West Palm Portfolio

Currie-Park-land-and-Jeff-Greene

Real estate investor Jeff Greene, a Civic Association Director, added to his portfolio in the Currie Park Corridor of West Palm Beach with the purchase of 0.87 acres, according to a press release.

Less than a month after buying 4.5 acres along Flagler Drive for $31 million, Greene spent $1.51 million on five connected residential lots, a sliver of the $1 billion project he could develop, which would include eight 15-story buildings.
Read More (The Real Deal)