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Archive for the ‘current events’ Category

Palm Beach Mall to Be Torn Down

The Palm Beach Mall, which was purchased by a developer in 2011, has met its fate: the mall is to be demolished this year to make way for a luxury retail outlet destination. The state of the current mall is less than optimal, with many of the existing stores boarded up as many patrons head to the newer mall in the area, The Gardens Mall.

The proposed Palm Beach Fashion Outlets are poised to open by 2013. The cost? Well over $100 million with all things considered. While the West Palm Beach movers hate to see structures go in to foreclosure and subsequently get demolished, there is certainly potential for a luxury outlet to do well in the Palm Beach area. We’ll keep you posted with the updates!

Boca to Soon Dine on the Intracoastal

Boca Raton has something uniquely different from the other cities in Palm Beach and Broward County–there’s currently no waterfront dining! In fact, the last time Boca Raton had a waterfront restaurant was in 2005. Currently, patrons looking to dine on the water near Boca are sent to nearby Delray Beach.

But all that is set to change, if a certain Boca Raton developer has their way. Gene Folden has recently convinced the Boca City Council to approve the addition of a Intracoastal-front restaurant. A restaurant is an ideal way to lure patrons, both old & new, to the area to spend more time and therefore generate more for the local economy.

The details haven’t really been determined yet, however, the Boca Raton movers will be sure to keep you up-to-date!

 

200 East Moving to Downtown Boca

200 East has had quite the boom in terms of West Boca residents looking to live in a more central and also luxurious location. This is great news for the 200 East developers, who say the building is easily on its way to full occupancy.

The appeal of a place like 200 East is that it offers the luxury of an upscale Boca residence, but without the golf course maintenance, the drive to downtown, and other fees or expenses that Palm Beach County residents are privy to paying. Here at the Boca Raton movers, we think the property is a great addition to the Boca area, and it’s injected new life and a new demographic in to Boca.

The buyer-only complex still has a few units left–if interested, check out the inventory at http://www.200eastbocaraton.com.

 

Lynn University Preparing for Presidential Debate

Lynn University is undergoing a facelift in preparation for the national exposure it will receive in October, when the final presidential debate takes place for the 2012 US Presidential campaign.

The main entrance will get renovation work, and the road will be widened in expectancy of increased traffic flow. A second entrance will receive work, and the nature preserve will be relocated to the west end of campus.

Funding for the upgrades comes from fast-food & fuel company Sheetz Corp.’s owner Robert Sheetz, who is a retired Boca Raton local. The Boca Raton movers will be keeping you informed with any updates or additional upgrades that Lynn stands to undergo.

2012 To Be Palm Beach County’s Real Estate-Revival?

It’s no secret that the real estate market has had a tough time in recent years. For Palm Beach County, the demand is there and the supply is not–a clear sign that the real estate market is on the road to recovery. This is fabulous news for your Boca Raton movers here–we want to see the economy pick itself back up here in Boca and beyond. Low supply equals tighter prices, so the local housing market shouldn’t drop in coming months.

While there is no guarantee, your professional movers are hopeful that 2012 is the beginning of the end of the tunnel for real estate troubles. Keep your fingers crossed.

Wishing you and yours a fabulous New Year!

Renowned Boca Apartments Purchased

The Heritage Luxury Apartments located on Palmetto Park Road in Boca Raton have been purchased by means of an all-cash purchase ringing in at just under $68 million. That breaks down to about $274,000 per apartment.

The complex has a prime location–one mile from the Atlantic Ocean and close in proximity to Mizner Park and Town Center Mall. At the time of sale, the complex was at 92% occupancy.

Here at the Boca Raton movers, we feel the Heritage is a beautiful complex for young professionals, families, and baby boomers alike.

West Palm Condo Project Scrapped

The West Palm movers have learned that a proposed luxury condo development has been scrapped indefinitely, a decision made the day before a meeting was set for the city commission earlier this week. The project was expecting approval, as commissioners had expressed disinterest in the opulent development and how misplaced it would be in the historical area of town. The high end development project was to be located at 4400 North Flagler.

The plan was to undergo revisions, cutting down unit quantity and adding amenities–all among requests that would devalue the property in the eyes of the builder. The inability to reach an agreement on what had to change fueled the decision to end development permanently.

Juno Beach to Get Waterfront Condos

A new Intracoastal housing development is in the works on Juno Beach called Bay Colony. The complex was started in the 1980s yet ceased construction efforts, and the property was sold in the 1990s and still not reinstated.

The latest buyer, Matthew Montgomery of GroundStone Inc., is buying the undeveloped land and existing buildings to finish the project. He plans to have 116 units in seven four story buildings. They will vary from 1-3 bedrooms and will be priced between $280,000 and $579,900.

The waterfront property is a favorite locale of the West Palm movers–with boat slips, tennis courts, and a clubhouse for residents, the community is poised to be a hot spot in the Jupiter and Juno Beach vicinity.

Where Americans Want to Live

According to Trulia.com, parts of Florida and California have the highest proportion of home searches, both among out of the area searchers and also locals. 100 million searched were analyzed to get these results.

The poll is a great peek into what areas Americans want to live in these days. All of the top cities gaining momentum are in the Sun Belt of Florida, namely the Sarasota area at #1, Fort Lauderdale at #4, West Palm Beach at #5, and Orlando at #10.

To break it down, east coast cities like Boca Raton get searchers from New York and New Jersey areas, while Sarasota gets hits from Chicago residents and other Midwest locales.

All signs point to an improving Florida real estate market, which is plenty of reason for the Boca Raton movers to smile. If you’re thinking of coming to the area, come on down and call your friends at All My Sons for great rates & red carpet service!

Home Sales Up 27% Throughout 2011

2011 has proven to be a stronger year for Palm Beach County real estate transactions. October sales in particular were up almost 30% in comparison with October 2010. totaling in 918 single family home sales in that month alone.

Throughout the state of Florida, home sales were up 13 percent. While September numbers top October’s, they are still progress from 2010. With the home sales topping off at 4.97 million in sales, that’s not s0 short of a healthy market that produces 6 million. Additionally, Florida unemployment and Palm Beach County jobless rates were both decreasing. Matched with all-time low mortgage rates for a 30 year fixed rate, and you’ve got a tempting market that the Boca Raton movers think you should jump on!

First timer? No worries, first-time homebuyers made up 34 percent of transactions throughout the nation last month, so you are among friends here. Quit paying rent and start paying toward a mortgage today.