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Orlando Business Journal

Southwest Airlines ends partnership with SeaWorld

Southwest Airlines (NYSE: LUV) and SeaWorld Entertainment (NYSE: SEAS) are parting ways on a 25-year-long partnership where the two companies shared promotional and marketing campaigns. The two companies said "Southwest and SeaWorld have enjoyed their long relationship, and wish each other continued success," said a report from USA Today. They cited that the nonrenewal of the agreement, which ends this year, was a mutual decision. However, ...
Full article at: Orlando Business Journal 13 hours ago, 2:10pm CDT

Why UCF's poll snub matters to Orlando

The University of Central Florida Knights were recognized, but not enough, in the USA Today Coaches Poll for the top 25 college football teams. The Knights received 102 votes in the poll — essentially landing the team at No. 28 heading into the 2014 season. That's understandable, as the team will enter the season with new players — most notably, a new quarterback after Blake Bortles was drafted by the Jacksonville Jaguars into the National Football League in April. UCF's r ...
Full article at: Orlando Business Journal 13 hours ago, 1:57pm CDT

Orange County among least affordable counties in which to rent in U.S.

If you think you pay too much for rent in Central Florida, you probably do if you live in Orange County, according to a new report by RealtyTrac. Orange County ranked among RealtyTrac’s top 15 least affordable markets for millenials to rent, with residents paying 34.3 percent of their household income spent on rent. For Orange County, the average monthly rent in 2014 for a three-bedroom property ...
Full article at: Orlando Business Journal 13 hours ago, 1:56pm CDT

Exclusive: Contractor named for $42M downtown Orlando apartment tower

Another new downtown Orlando apartment tower is slated to break ground by year’s end, bringing 233 units to the Lake Eola area. Naples-based Summa Development Group LLC awarded the construction contract to the Orlando office of Austin Commercial LP for the $42 million Citi Tower development, a 23-story apartment complex with 345 parking spaces in an integrated structure. The project also is set to include ground-level retail space plus a rooftop pool and amenities deck. “We have worked ...
Full article at: Orlando Business Journal 14 hours ago, 1:39pm CDT

Deeper dig: Where OneBlood Inc. gets its $301M in revenue

OneBlood Inc. may get bigger with a possible merger — so just how big is OneBlood? OneBlood Inc. announced this week its intentions to merge with a Pittsburgh-based Institute for Transfusion Medicine. With that in mind, I pored through OneBlood’s 990 to get stats on the Orlando-based blood bank. Hit the slide ...
Full article at: Orlando Business Journal 14 hours ago, 1:31pm CDT

Details emerge on Phase 1 of $200M mixed-use Oviedo project

The city of Oviedo has the next piece of its 108-acre town center development now in the works. Construction is slated to start this fall on a retail and urban apartment complex as part of the first phase of the $200 million Oviedo on the Park project. Winter Park-based P.A.C. Land Development Corp. is pre-leasing 14,500 square feet of ground-level retail space that will be topped with two more stories of multifamily residential units on th ...
Full article at: Orlando Business Journal 14 hours ago, 1:30pm CDT

Metro Orlando adds 4,200 construction jobs in June

The Orlando-Kissimmee-Sanford metro area added 4,200 construction jobs in June compared to the year-ago period, according to a new analysis of federal employment data released July 31 by the Associated General Contractors of America. The metro Orlando area tied with Fort Lauderdale-Pompano Beach-Deerfield Beach for the most construction jobs added in June. Statewide, Florida added 44,500 construction jobs in June, a 12 percent increase over June ...
Full article at: Orlando Business Journal 14 hours ago, 12:55pm CDT

Florida Supreme Court disciplines 24 attorneys, including 5 from C. Fla.

The Florida Supreme Court in recent court orders disciplined 24 attorneys — including five from Central Florida — disbarring four, revoking the licenses of three, suspending 16 and publicly reprimanding one. The area attorneys disciplined included: Richard A. Colegrove Jr., P.O. Box 726, Sanford, suspended for 91 days, effective 30 days from a July 8 court order. Colegrove also must attend and successfully complete ethics school prior ...
Full article at: Orlando Business Journal 15 hours ago, 12:19pm CDT

Marijuana regs: Is statewide pot home delivery a possibility?

As Florida moves closer to implementing a low-THC medical marijuana bill that passed this year, a new possibility has emerged: Medical marijuana home delivery. The Florida Department of Health’s Office of Compassionate Use on Aug. 1 will hold another public hearing to get input on a second draft of medical marijuana regulations. The hearing is in Tallahassee from 9 a.m. to 5 p.m.; the last meeting also was broadcast live on The Florida Channel. ...
Full article at: Orlando Business Journal 16 hours ago, 11:25am CDT

Accio visitors: LeakyCon underway in Orlando

Oh geez, the Harry Potter fans are at it again in Orlando. You know, traveling in, staying at hotels and spending their money in Central Florida. That's because LeakyCon, a Harry Potter convention,is in town at the Orange County Convention Center starting today through Aug. 3. So how big is a convention about Harry Potter? Well, the event is slated to bring 5,000 attendees to the area and generate ...
Full article at: Orlando Business Journal 17 hours ago, 10:45am CDT

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