A new report addressing home affordability – which was cited by the Wall Street Journal – shows that it takes longer for home-buyers in the City of Tallahassee to save for a down payment to purchase a home than in a number of other Florida cities. In January 2019, one of the top priorities set […]
Tallahassee-based Prime Meridian Bank has announced its expansion into the Lakeland, Florida market. The Bank opened a full-service location at 3340 South Florida Avenue, on Tuesday, April 16, 2019. Lakeland is ranked as the 20th most populated city in Florida with approximately 112,000 inhabitants. However, Lakeland is part of the 7th ranked Metropolitan Statistical Area […]
A 2018 visitor tracking report completed by the consulting firm Downs & St. Germain Research reveals that the main reason people visit Tallahassee is for a business meeting or conference. This is followed by those who visit to see friends or relatives. The tracking report was designed to develop a profile of travel parties to […]
A number of Tallahassee government, business, and community leaders headed to Greenville, S.C. this week on a fact finding tour that is scheduled to last until Wednesday. One of the reported purposes of the trip is to determine if there are any economic development ideas being implemented in Greenville that can be replicated here in […]
Things change. And sometimes they don’t. For the last 60 years the patrons of the Capitol Plaza shopping center have seen businesses come and go. However, Suburban Salon has remained. The Capitol Plaza, currently home to a number of thriving businesses, was developed by Louis Gibbs and home to Setzer’s Supermarket and W. T. Grant […]
On Monday, March 4, Heather Haddon and Esther Fung of the WSJ reported that Amazon’s “latest plans threaten to steal sales of some of the [grocery] industry’s more profitable products.” According to their reporting, “The e-commerce giant plans to launch urban grocery stores that could offer a spectrum of goods that includes beauty products alongside […]
A political committee backing a proposed constitutional amendment that would increase the minimum wage in Florida is moving toward meeting an initial threshold for getting the measure on the 2020 ballot. The committee Florida For A Fair Wage, which is led by prominent Orlando attorney John Morgan, had submitted 55,284 valid petition signatures to the […]
Tallahassee, FL – The Tallahassee Economic Index (TEI) recently released numbers ending December 2018. Following a .75 point slide in November, the Index fell .65 points from 36.21 to 35.56 in December. This is the fourth consecutive decline in the monthly index. The index is a measure of Tallahassee’s economic growth. The index is not […]
Recently released job numbers show that the average employment in Leon County for 2018 was 146,651. This level of employment is 1.95% above the average employment of 143,506 reported in 2017. Reports also show that Leon County’s average unemployment rate for 2018 was 3.3%. This is 10th lowest unemployment rate when compared to Florida’s 67 […]
At their February 20th meeting, the City Commission voted to reject all proposals to establish a parking garage in the Midtown area. Rather, the Commission decided to move forward with the development of a master plan for Midtown while seeking other solutions to the parking issues. A master plan is a dynamic long-term planning document […]