The city of Alpharetta has released proposed designs for four new development projects that will be up for review at the city's Design Review Board on Jan. 20. These include Parcel 5 of Alpharetta City Center, a Cafe Intermezzo at 100 Avalon Blv., a Twisted Taco at 1495 Alpharetta Highway and a Courtyard by Marriott on Amberpark Drive.
The Morehouse College Board of Trustees have decided to not renew contract of President John Wilson, who has been leading the prestigious institution for more than three years.
Wilson will serve until the completion of his current contract, which ends on June 30, 2017. And then “Dr. Wilson will pass the baton to a new President,” according to a release posted on the Morehouse website.
The timing was ironic, given that it is the national holiday commemorating Martin Luther King Jr., probably…
Hedge fund billionaire Kenneth Griffin paid $85 million to expand his land holdings in wealthy Palm Beach with an oceanfront site.
Linda J. Saville and Paul C. Saville sold the 4.18-acre site at 1290 S. Ocean Blvd. to Blossom Way Holdings, controlled by Griffin in Chicago. The founder and CEO of Citadel LLC, Griffin’s net worth was pegged by Forbes at $7.8 billion.
Paul Saville is the president and CEO of homebuilder NRV Inc.
A company managed by the head of private equity firm Apollo Management took a $4 million loss on the sale of a condo in Miami Beach’s Faena House.
It marks one of the few times that a condo buyer in the recent development cycle has sold for a significant loss. Completed in 2015 at 3315 Collins Ave., Faena House sold condos at some of the highest prices per square foot in Miami-Dade County.
In October, developer Alan Faena announced he would put the next phase of his condo, the Faena Mar, on hold…
A $54 million assisted living facility has been proposed in Fort Lauderdale in a deal between Stiles Corp. and Belmont Village.
This would be the first Florida location for Houston-based Belmont Village, which owns 26 ALF’s around the country.
The city’s Planning and Zoning Board will consider the application on Jan. 17.
Kolter Group announced that Hyatt Centric would be the hotel brand for 100 Las Olas, which is slated to become the tallest tower in Fort Lauderdale.
The project at 100 E. Las Olas Blvd. would rise 46 stories with the 238 hotel rooms occupying the first 15 floors. The tower will also have 121 condos on the upper floors and 8,500 square feet of retail and restaurant space on the ground level.
West Palm Beach-based Kolter said the Hyatt Centric will be created for millennial-minded travelers, featuring…