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Florida developer hopes to transform ambassador hotel, create affordable housing

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Florida developer hopes to transform ambassador hotel, create affordable housing


ORLANDO, Fla. – Mark Vangroff, managing companion of One Cease Housing, plans to handle the housing disaster in Orlando.

The Florida developer is hoping to shut on the Ambassador Resort on West Colonial Drive, close to Parramore.

His firm desires to renovate the lodge and convert it to 150 multifamily condo items.

“Rental costs simply are skyrocketing to the purpose the place… good working households, they’re having a tough time discovering a spot to dwell,” Vangroff stated.

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It’s an inexpensive housing challenge — Vangroff stated hire might be revenue based mostly, averaging $750 a month, utilities included.

The challenge has two phases. The primary will embody smooth renovations to 50 items that tenants can transfer into. Throughout section two, builders will start to work on the remaining 100 items.

“We’ll be scraping them proper right down to the cinder block, changing all the electrical, all of the plumbing, utilities, full kitchens, oven, range. They’ll be stunning by the point they’re accomplished,” Vangroff stated.

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He stated the lodge is a blight property.

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“We felt that it might be excellent for us to come back and clear up the property make investments about ($7 million) within the renovation and make it an asset to the neighborhood, versus what it’s at this time,” Vangroff stated.

Lori Carroll lives close to the lodge. She stated the place is ridden with crime.

“Gunshots are one thing I hear regularly,” she stated. “If I inform you what number of occasions I’ve bought to chase prostitutes off my avenue…”

She hopes this new challenge will revitalize the world and open doorways of alternative for households struggling to search out housing.

“I might love to listen to the laughter of kids behind me and never the beer bottles crashing to the bottom and other people screaming at one another,” she stated.

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Commissioner Regina Hill referred to as the institution predatory to those that pay to remain there.

“…As a result of they will’t afford wherever to remain, they’ve needed to pay $300 per week simply to search out shelter,” Hill stated.

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She praised Vangroff for his efforts to assist households safe a house in this sort of funds, hoping initiatives like this persist across the metropolis.

Vangroff’s firm renovated one other correct in Orlando referred to as Colonial Gardens. He stated the households are glad, and since One Cease Housing took over, there was little-to-no crime on the advanced.

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The developer stated in the event that they proceed with the challenge, renovations must be accomplished by fall 2023.

The subsequent neighborhood discussion board might be Wednesday on the Faculty Park Neighborhood heart at 6:30 p.m.

Copyright 2022 by WKMG ClickOrlando – All rights reserved.



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The Supreme Court keeps on hold efforts in Texas and Florida to regulate social media platforms

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The Supreme Court keeps on hold efforts in Texas and Florida to regulate social media platforms


The Supreme Court on Monday kept a hold on efforts in Texas and Florida to limit how Facebook, TikTok, X, YouTube and other social media platforms regulate content posted by their users.

The justices returned the cases to lower courts in challenges from trade associations for the companies.

While the details vary, both laws aimed to address conservative complaints that the social media companies were liberal-leaning and censored users based on their viewpoints, especially on the political right. The cases are among several this term in which the justices are wrestling with standards for free speech in the digital age.

The Florida and Texas laws were signed by Republican governors in the months following decisions by Facebook and Twitter, now X, to cut then-President Donald Trump off over his posts related to the Jan. 6, 2021, attack on the U.S. Capitol by his supporters.

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Trade associations representing the companies sued in federal court, claiming that the laws violated the platforms’ speech rights. One federal appeals court struck down Florida’s statute, while another upheld the Texas law. But both were on hold pending the outcome at the Supreme Court.

In a statement when he signed the Florida measure into law, Gov. Ron DeSantis said it would be “protection against the Silicon Valley elites.”

When Gov. Greg Abbott signed the Texas law, he said it was needed to protect free speech in what he termed the new public square. Social media platforms “are a place for healthy public debate where information should be able to flow freely — but there is a dangerous movement by social media companies to silence conservative viewpoints and ideas,” Abbott said. “That is wrong, and we will not allow it in Texas.”

But much has changed since then. Elon Musk purchased Twitter and, besides changing its name, eliminated teams focused on content moderation, welcomed back many users previously banned for hate speech and used the site to spread conspiracy theories.



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Florida housing market ‘at risk’ in 13 different cities

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Florida housing market ‘at risk’ in 13 different cities


Thirteen out of the 15 housing markets at the highest risk of a home price correction in the coming months, according to a recent Parcl Labs study, are in Florida, where new inventory has been flooding in.

The Parcl Labs’ team, which delivers real-time housing market data, analytics and research, analyzed around 1,000 U.S. housing markets to identify early signs of market stress that could lead to price drops. It found that there’s “trouble” ahead for the Sunshine State, which it described as “the epicenter” of a mismatch between supply and demand.

The top five list of markets with the biggest supply and demand divergence—one of the factors considered in Parcl Labs’ analysis, are in Florida—namely, Pensacola (+52 percent supply increase, -28 percent demand decrease); North Port, FL (+50 percent, -18 percent); Naples (+44 percent, -14 percent); Port St. Lucie (+40 percent, -22 percent); and Palm Bay (+39 percent, -18 percent).

Four of the top five markets expected to see the biggest price drops in the months ahead—though any decline isn’t guaranteed—are also in the state. These include some of the same metropolitan areas which are seeing demand drop, such as North Port (52 percent of listings with price cuts); Tampa (49 percent); Naples (46 percent); and Palm Bay (44 percent). Myrtle Beach, South Carolina, was also in the top five with an expected 46 percent with price cuts.

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Homes are shown in a residential neighborhood in Miami on May 10, 2022. Florida is “the epicenter” of a mismatch between supply and demand, according to a recent study.

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Several markets in Florida have already seen dramatic price cuts since the beginning of the pandemic in 2020, which saw the U.S. housing market boom as low mortgage rates, high demand and a lack of supply led aspiring home buyers to cutthroat bidding wars.

In Florida, the widespread possibility of remote work led to an influx of people moving from out of state chasing warm weather, sunny skies and cheaper taxes. The end of the health emergency and businesses’ eagerness to get their workers back in the office meant a sudden slowdown in arrivals, as well as the departure of some of those who had already migrated to the Sunshine State.

In Lakeland, according to Parcl Labs’ data, prices are now -4.63 percent from their peak in 2020. They increased by 51.36 percent in 2020. In Sebastian, they’re down -4.14 percent from their peak of +61.43 ; in Gainesville, by 2.28% from +50.21 percent. Deltona, Homosassa Springs, Tampa, Ocala, Port St. Lucie, Miami and Orlando have also seen prices cool down from their pandemic peaks.

Inventory has been growing at a faster pace in the state than in the rest of the country. Florida, together with Texas, is among the states that has been building the most new homes in the past few years, trying to fill the gap between demand and inventory which marked the pandemic. But now, as mortgage rates remain high and home insurance premiums in the Sunshine State inflate, buyers are a little more reluctant.

Newsweek contacted Parcl Labs for comment by email early on Monday.

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The 15 metropolitan areas which are most likely to see home price drops, according to Parcl Labs, are:

  • Crestview-Fort Walton Beach-Destin, Florida;
  • Daphne-Fairhope-Foley, Alabama;
  • Deltona-Daytona Beach-Ormond Beach, Florida;
  • Gainesville, Florida;
  • Homosassa Springs, Florida;
  • Lakeland-Winter Haven, Florida;
  • Miami-Fort Lauderdale-Pompano Beach, Florida;
  • Myrtle Beach-Conway-North Myrtle Beach, South Carolina;
  • Naples-Marco Island, Florida;
  • Ocala, Florida;
  • Orlando-Kissimmee-Sanford, Florida;
  • Palm Bay-Melbourne-Titusville, Florida;
  • Port St. Lucie, Florida;
  • Sebastian-Vero Beach, Florida;
  • Tampa-St. Petersburg-Clearwater, Florida.

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Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.



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Florida State Football Recruiting: Blue chip safety Zae Thomas commits

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Florida State Football Recruiting: Blue chip safety Zae Thomas commits


Florida State has landed another verbal commitment for #Tribe25, and this one is from a true Seminole in every sense of the word.

Gregory “Zae” Thomas is a 6’2”, 190 pound defensive back who plays for American Heritage in Fort Lauderdale, Florida. He is currently ranked as the 292nd best player in the nation by 247Sports Composite (25th best safety, 42nd best player in FL).

Thomas chose the Seminoles over 30 other offers from the likes of the Clemson Tigers, Iowa Hawkeyes, Kentucky Wildcats, Louisville Cardinals, LSU Tigers, Miami Hurricanes, Oklahoma Sooners, Penn State Nittany Lions, Tennessee Volunteers, Texas A&M Aggies, UCF Golden Knights, and Wisconsin Badgers.

Back in the names to know and visitor preview articles that mentioned him, I wrote that I believe Zae Thomas is simply destined to play for Florida State. He checks some amazing boxes. Thomas has Seminole Tribe heritage. He plays for the high school where DBs coach Pat Surtain held his first head coaching position, overlapping with Surtain for a year. He is the rare defensive back who loves to tackle and he has the positional flexibility and size that Surtain and defensive coordinator Adam Fuller love.

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In an otherwise middling DB cycle, Thomas is a bright spot with a very high ceiling- I’d easily have him ranked as a top 150 player nationally. He does an excellent job mirroring receivers in coverage and has no issues jamming at the line. I would expect him to be a regular on special teams and as he learns the playbook, I think he’ll enter the mix in either the corner or safety rotation sooner than later.

Check out Tomahawk Nation’s most recent Official Recruiting and Transfer Portal Thread to interact with the Three Stars and for more information about FSU recruiting.



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