The impact of the COVID-19 pandemic continues to take a toll on air travel. The latest information from the Tallahassee International Airport shows passenger traffic decreased 59.9% in October when compared to traffic one year ago. The number of passengers was down from 78,941 during October 2019 to 31,683 this year. Last month passenger traffic was […]
Earlier this month, Crescent Sky Real Estate Partners (CSREP) purchased a 30-building multifamily housing portfolio, Castle Apartments, located in Tallahassee. CSREP, based in New York, seeks to “invest in superior risk adjusted multifamily, commercial, and residential real estate opportunities.” Tallahassee’s real estate market aligns with previously obtained ventures in Gainesville that CSREP has acquired. “We […]
The latest employment information shows that Leon County added 182 jobs in October. One year ago Leon County added 504 jobs. The unemployment rate in October increased to 5.1%. The unemployment last month (September) was 4.6%. One year ago the October unemployment rate was 2.8%. The number of people working in October, 2020 is less […]
The most recent information from the Florida Department of revenue shows that consumer spending in Leon County-as measured by taxable sales- was down in September by 8.2% when compared to spending one year ago. In absolute terms, spending in September 2020 was down $31.4 million to $353.6 million. These numbers are preliminary and are subject […]
Sales of existing single-family homes in Leon county were up 24.7% when compared to numbers sold in the same month one year ago. There were 251 single-family home resales in October 2019 and 313 resales in October 2020. Last month there were 314 existing single-family homes sold. The average sales price in October 2020 increased […]
On Tuesday, Nov. 10, the City Commissioners voted to approve the Cambridge Parc plat for development. The agenda item for the Estates of Southwood plat was removed. The Cambridge Parc plat is a site west of Thomasville Road and South of Ox Bottom Road. The area is being developed by Cambridge Parc LLC for residential […]
Tallahassee Reports recently reached out to MetroNet for an update on the company’s work in Tallahassee. MetroNet has been constructing a fiber-optic network across Tallahassee since early 2020. In October 2019, the City Commission voted to change the City’s Joint Use Agreement to allow fiber attachments on the City’s utility poles. This made it possible […]
The latest employment information shows that Leon County added 1,958 jobs in September. One year ago Leon County added 4,902 jobs. The unemployment in September was 4.9%. The unemployment last month (August) was 5.6%. One year ago the unemployment rate was 2.8% in September. The number of people working in September, 2020 decreased when compared […]
The impact of the COVID-19 pandemic continues to take a toll on air travel. The latest information from the Tallahassee International Airport shows passenger traffic decreased 63.5% in September when compared to traffic one year ago. The number of passengers was down from 70,340 during September 2019 to 25,697 this year. Last month passenger traffic was […]
Reports from the Florida Department of Revenue (FDOR) show the impact of the COVID-19 mitigation efforts on restaurant sales across Florida. The statewide impacts were comparable to the revenue losses experienced by restaurant establishments in Leon County. Florida restaurant taxable sales fell 37% in April and 53% in May when compared to same months in […]