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 […]

More Good News on Local Jobs Front

More Good News on Local Jobs Front

The latest employment report for February 2021 shows continued improvement in local jobs numbers. The last report included annual revisions of job numbers by the Bureau of Labor Statistics (BLS) and indicated that Leon County employment was at 94% of pre-pandemic levels. The February report – released on March 26 – shows Leon County is […]

Leon County Taxable Sales Recovering from COVID Pandemic

Leon County Taxable Sales Recovering from COVID Pandemic

During April, May, and June of 2020, Leon County experienced double digit decreases in taxable sales growth. However, Florida Department of Revenue data now shows that Leon County is rebounding from the economic downturn caused by the COVID pandemic. The most recent information from the Florida Department of revenue shows that consumer spending in Leon […]

Leon County Single-Family Re-Sales Up 7.3% in February

Leon County Single-Family Re-Sales Up 7.3% in February

Sales of existing single-family homes in Leon county were up 7.3% when compared to numbers sold in the same month one year ago. There were 218 single-family home resales in February 2020 and 234 resales in February 2021. Last month there were 233 existing single-family homes sold. The average sales price in February 2021 increased […]

Job Revisions Paint Better Picture for Leon County

Job Revisions Paint Better Picture for Leon County

The annual revision of job numbers by the Bureau of Labor Statistics (BLS) show that Leon County employment is at 94% of pre-pandemic levels. Before the revision, the BLS job numbers showed Leon County at approximately 90% of pre-pandemic levels. The latest employment information shows that Leon County added 2,363 jobs in January. One year […]

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