Archives for August 2015

FLORIDA TOURISM HITS RECORD HIGH FOR 2015

greetings-from-floridaFlorida tourism is on pace to pass the highly anticipated 100-million visitor mark for 2015, with more than 54.1 million visitors coming to the Sunshine State in the first half of 2015.

New quarterly numbers released Wednesday from Visit Florida, the state’s tourism arm, show a 5.8 increase from last year and the highest amount of visitors of any six months in the state’s history.

In just the second quarter of 2015 ending June 30, 25.8 million visitors came to Florida, an increase of 5.5 percent from the same point in 2014.

With the fifth record-breaking year, the higher about of tourism is also bringing a record average number of direct travel-related jobs.

In a prepared statement from Gov. Rick Scott, Florida’s tourism industry now employs 1,213,500 people – a number up 4.9 percent from the previous year.

Encouraging tourism helps Florida become the “best place in the world for jobs,” Scott said. “We look forward to exceeding our goal of 100 million visitors to Florida this year.”

Visit Florida also estimates more than 2.7 million overseas visitors, 1.2 million Canadians, and 21.9 million domestic visitors traveled to Florida in the second quarter of 2015, a 6.8 percent increase.

Totals for the first half of 2015 show 45.7 million domestic visitors, 5.5 million overseas visitors and 2.9 million Canadians have come to the Sunshine State, an increase of 6.7 percent, 1.7 percent and 1.1 percent respectively. Top U.S. states for Florida tourism are New York (10 percent), Georgia (8 percent), Texas (6 percent) and Illinois (5 percent).

Most international visitors in 2014 came from Canada (4.2 million), followed by the United Kingdom (1.6 million) and Brazil (1.6 million).

Continued growth of tourism, as well as tourism-related jobs, is putting Florida on track for a fifth consecutive record-breaking year, said Visit Florida Board of Directors Chairman John Tomlin. He emphasized the power of tourism as an economic job creator, crediting the vision of Scott, the Legislature and his staff for “world-class strategies and execution.”

As the number of people visiting Florida increases, so does the amount collected in taxes on sales from recreation and related activities. From January through May 2015, the state enjoyed a 9.0 percent increase in tax revenue.

Visit Florida also estimates the average daily room rate (ADR) for the second quarter of 2015 rose 4.7 percent, with occupancy rates for Florida hotels increasing 2.9 percent and the demand for rooms sold grew 4.4 percent compared to the same period last year.

“This continued growth does not happen by accident,” said Visit Florida CEO Will Seccombe, who thanked Scott and the Legislature for their “unparalleled support.”

Tampa Tribune August 19, 2015

New Development Continues – Rosemary District

Work Begins on the Rosemary Square Development

SARASOTA – Construction is underway on the Rosemary Square mixed-use project, the latest new development in the long-blighted Rosemary District north of downtown.

The $20 million project, 1440 Boulevard of the Arts, will include 50 condominium units and 30,000 square feet of retail and office space in four buildings, city documents show.

Opera HousingThirty of the residential units will be used by the Sarasota Opera to house its artists, a boutique theater and fine arts, according to contractor Gilbane Building Co.

“Rosemary Square’s convenient location to downtown Sarasota supports the economic growth of the area and local neighborhoods,” Gilbane vice president Tim Hensey said in a statement. “The timing is right for a project like this.”

The project is being developed by Mark Kauffman and Partners. Jonathan Parks is the architect. It is expected to be finished next summer.

A number of developers have targeted the Rosemary District. The city has added density to allow more units at some projects.

A South Carolina company recently proposed a four-story, 295-unit apartment project called Elan Rosemary, formerly the 7th Street Apartments, east of North Lemon Avenue, north of Boulevard of the Arts, near the west end of Seventh Street.

Other projects in the works in the neighborhood include Sarasota Flats, 228 units at Fruitville Road and Central Avenue; Cityside, with 450 apartments at Florida and Cocoanut avenues; and Valencia at Rosemary Place, 32 townhomes at Cocoanut and Boulevard of the Arts.

Risdon Group Unveils New Rosemary District Project

Risdon on 5thThe Sarasota-based developer has proposed a mixed-use luxury project near the intersection of 5th Street and Central Avenue, further contributing to the rise of the Rosemary District.

Less than two weeks after Gilbane Building Company broke ground on the $20 million Rosemary Square project, another developer will pitch plans for luxury condominiums in the blossoming area north of downtown.

Rosemary District-based Risdon Group will meet with the city’s Development Review Committee next week to discuss plans for Risdon on 5th, which includes 22 condos and six offices in 36,000 square feet of space near the intersection of Central Avenue and Fifth Street. Halflants + Pichette Architects, which is also based in the district, will oversee design of the $5 million project.

“Risdon on 5th is setting the style, DNA and positioning for the Rosemary District’s evolution into a hip, happening neighborhood and Design District,” said Risdon Group President Steve Bradley.

The complex will feature an “original, urban and edgy” design, Bradley said. Halflants + Pichette also oversaw the architectural work on Vanguard Lofts, which is another new development slated for Rosemary.

Property owner Scot Lloyd bought the 21,000-square foot parcel for $590,000 in January. The property’s land value has jumped from a recent low of $253,800 in 2009 to more than $730,000 this year, according preliminary values on the Sarasota County Property Appraiser’s website.

Sarasota Herald Tribune & Observer August 2015