Blueprint to Address Major Economic Development Projects

Blueprint to Address Major Economic Development Projects

The Blueprint Intergovernmental Agency (IA) is scheduled to address several major economic development projects at the May 27th meeting. The IA Board consists of the seven Leon County Commissioners and five Tallahassee City Commissioners. Project Mango Project Mango, the code name for the potential expansion of a yet-to-be named Fortune 500 Company into the Tallahassee […]

Prime Meridian Reports First Quarter 2021 Results

Prime Meridian Reports First Quarter 2021 Results

Prime Meridian Holding Company (OTCQX: PMHG), the parent bank holding company for Prime Meridian Bank announced unaudited financial results for the quarter ended March 31, 2021. The Company reported net earnings of $2,234,478 or $0.72 per basic and $0.71 per diluted share, for the quarter ended March 31, 2021, compared to net earnings of $716,000 […]

MetroNet Announces Tallahassee Grand Opening

MetroNet Announces Tallahassee Grand Opening

On April 29th, MetroNet announced the grand opening of the Tallahassee market with a ribbon cutting at the first MetroNet storefront in the state of Florida. The Tallahassee storefront is located at 1779 Apalachee Parkway, Suite 109, Tallahassee, FL 32301, and is only a few steps away from other large retailers such as BJ’s Brewhouse […]

Airport Traffic Begins Rebound

Airport Traffic Begins Rebound

The latest information from the Tallahassee International Airport shows passenger traffic increased 9.4% in March when compared to traffic one year ago. The number of passengers was up from 37,829 during March 2020 to 41,377 this year. The 9.4% increase this month is relative to March 2020 traffic which began to feel the impact of […]

March Leon County Single-Family Sales Up 24.4%

March Leon County Single-Family Sales Up 24.4%

Sales of existing single-family homes in Leon county were up 24.4% when compared to numbers sold in the same month one year ago. There were 254 single-family home resales in March 2020 and 316 resales in March 2021. Last month there were 234 existing single-family homes sold. The average sales price in March 2021 increased […]

April Jobs Report Shows 148,404 Employed in Leon County

April Jobs Report Shows 148,404 Employed in Leon County

The latest jobs report shows that Leon County added 190 jobs in March. One year ago Leon County lost 2,024 jobs. The unemployment rate in March 2021 was 4.6%, unchanged from the revised February number. One year ago the March unemployment rate was 5.0%. The number of people working in March 2021 is less when […]

Crescent Sky Purchases Seminole Trails Apartments

Crescent Sky Purchases Seminole Trails Apartments

On April 7th, 2021, the New York City based company Crescent Sky Real Estate Partners (CSREP) announced the acquisition of Seminole Trails Apartments located in Tallahassee off White Dr. behind Proctor Honda. As reported by Tallahassee Reports, in November 2020, CSREP purchased Castle Apartments, a 30-building multifamily housing portfolio near the office of Florida Highway […]

Market Square Redevelopment Activities Resume

Market Square Redevelopment Activities Resume

After several stops and starts, the redevelopment of the 1970’s era Market Square shopping center has resumed again with demolition activities on the building located on the south part of the property bordering I-10 westbound. The building was previously home to Tally’s, Connie’s Hams, Kitcho’s, Commercial Print & Copy and Gordos. It was reported in […]

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