LOCAL NEWS
A New Townhome Community. The site preparation is nearly complete and now the vertical construction of a large townhome project is underway on Tallahassee’s southside near the corner of Capital Circle and Woodville Highway. The name of the development is The Cottages at Capital Circle. The build-to-rent complex will consist of 206 townhome units on a 30-acre site. Living spaces will range from just over 1,000 square feet to slightly more than 1,400 square feet. Amenities will include a large pool and club house, along with gated access. The prime contractor for the project is Atlanta-based Chapman Construction. Completion is expected next year. – WFSU News

Tallahassee Orthopedic Clinic (TOC) recently announced the completion of its state-of-the-art Advanced Imaging Suite, a major investment in diagnostic precision and patient centered orthopedic care.

The 4.3% unemployment rate is the highest reported in Leon County since August 2021 when the unemployment rate was 4.4%. The U.S. June unemployment rate came in at 4.1%, while the Florida rate was reported as 3.9%
FLORIDA NEWS
A staunch political ally of Gov. Ron DeSantis, Blaise Ingoglia was sworn in Monday as Florida’s chief financial officer, vowing to focus on local-government spending and insurance companies.
Florida gasoline prices continue to fluctuate and averaged $3.07 a gallon for regular unleaded Monday, up 14 cents from a week earlier, according to the AAA auto club. AAA noted that Florida’s swings for months have shown “relative stability within a 30-cent range” in average prices.
NATIONAL NEWS
Lawyers for Harvard University and the Trump administration appeared in federal court yesterday over whether Harvard can recoup roughly $2.6B in research grants.
Results from the largest trial of four-day workweeks, published yesterday, revealed the shortened schedule—without any pay cuts—boosts job satisfaction, reduces burnout, and improves well-being.
US stock markets close mixed (S&P 500 +0.1%, Dow -0.0%, Nasdaq +0.4%) (More).
TALLAHASSEE WEATHER

If you AVERAGE the Rent of those 206 Townhomes at $1,800, that’s $370,800 a Month.