Sunday, October 25, 2015

The Coastal Star: "Along the Coast: Building fees growth reflects local rebound"

Rich Pollack at The Coastal Star has this interesting item on what is happening along A1A in Palm Beach County:
     Drive along State Road A1A and you’ll see the subtle signs of a steadily recovering economy.
     In Manalapan, several older homes have been bulldozed to make way for new and larger luxury homes that are rising out of the ground.
     A short distance away crews are remodeling an aging condo for new owners who want a place with a more contemporary appearance.        Not far down the road in Highland Beach, a multimillion-dollar luxury condominium project is being built on what had been one of the last remaining empty parcels of land in town.
     All up and down the coast, South Florida’s economic rebound can be seen in the construction that’s taking place — and in the resulting revenues municipalities collect from building-permit fees.