Innovative Wave Valve by FluidLytix Revolutionizes Water Conservation
Air in water supply lines is a hidden issue that can cause inflated water meter readings and higher utility bills for consumers and businesses. Air enters the system through leaks, pressure fluctuations, and dissolved gases that form bubbles in water pipes. Traditional water meters cannot distinguish between water and air, leading to inaccurate readings and increased charges. Advanced meters and technologies like FluidLytix’s Wave Valve™ offer a solution by compressing air before it reaches the meter, reducing water bills by up to 30% and lowering water usage by up to 9%, making water management more accurate and cost-effective.
Tourism Tax Hits Record High in Orange County
Orange County's tourist development tax revenue reached an all-time high this year, but growth remained stagnant compared to 2022. The revenue hit $358.2 million, a marginal increase from last year's $358.1 million. While the record figure underscores resilience following the uncertainty of the pandemic, city and county leaders expressed disappointment over the lack of significant growth.
FEMA’s Response to Hurricane Milton: Successes, Challenges, and Controversies
In October 2024, Hurricane Milton, a Category 4 storm, made landfall in Florida, causing widespread devastation across the state. The Federal Emergency Management Agency (FEMA) played a pivotal role in the response and recovery efforts, deploying resources, coordinating with state and local agencies, and providing financial assistance to affected individuals and communities.
Surfside Condo Collapse - Safety Reforms and Their Impact on Owners and Developers
In the wake of the tragic collapse of Champlain Towers South in Surfside, Florida, in June 2021, which resulted in the loss of 98 lives, the state has enacted significant reforms to enhance the safety of condominium buildings, particularly waterfront properties. These measures focus on stricter inspection protocols, mandatory reserve funding, and increased transparency to prevent such disasters in the future.
Florida Tourism Days: Celebrating Seven Days of Sunshine and Economic Impact
TALLAHASSEE, FLA. – Over the next week, Florida’s tourism and hospitality leaders will converge in Tallahassee for “Florida Tourism Days: Seven Days of Sunshine.” This week-long initiative is designed to highlight the enormous value of tourism to the Sunshine State. Events, a dynamic social media campaign, and meetings with lawmakers will spotlight the legislative priorities of Florida's top economic engine: its tourism and hospitality industry.
Downtown Orlando: A Thriving Hub of Tourism, Culture, and Growth
Downtown Orlando has evolved into a thriving hub of tourism and culture, playing a crucial role in the remarkable growth of Central Florida's economy. In 2023, the region's tourism industry reached new heights, contributing a record-breaking $92.5 billion to the local economy—a significant 5.6% increase from the previous year. This success reflects the resilience and innovation of Orlando's tourism sector in the face of global challenges.
Universal’s Epic Universe: A New Era of Thrills Arrives in Orlando
“Our vision for Epic Universe is historic,” Tom Williams, Chairman and Chief Executive Officer for Universal Parks & Resorts, said in a statement. “It will build on everything we have done and become the most immersive and innovative theme park we have ever created.”
Universal Orlando Resort is set to unveil its highly anticipated fourth theme park, Universal's Epic Universe, on May 22, 2025. This expansive addition will double the resort's size, introducing over 50 attractions, entertainment venues, dining options, and shopping experiences.
Foreign Investors Ready for U.S. CRE Revival in 2025
Foreign investment in U.S. commercial real estate (CRE) is poised for a significant resurgence in 2025 after years of subdued activity. This revival is being driven by favorable economic conditions, including interest rate cuts and a weakening U.S. dollar, which have enhanced the sector's appeal to international buyers.
US Development Plans Massive Data Center Campus in Osceola County
A significant data center development may soon reshape the rural landscape of Osceola County, Florida. US Development, a prominent real estate and infrastructure firm, has submitted plans to rezone 434 acres of agricultural land for industrial use. The proposal, which aims to create a sprawling data center campus, is set for a pre-application meeting with county officials on October 15.
Brazilians Flock to U.S. Real Estate Amid Currency Turmoil and Economic Uncertainty
Amid ongoing currency struggles and economic uncertainties in Brazil, a growing number of Brazilian investors and business owners are turning their attention to the U.S. real estate market. With the Brazilian real weakening by over 16% against the U.S. dollar in the past year, wealthy Brazilians are seeking financial stability and long-term value through property investments in the United States.
LATAM Investment Summit: A New Era of Latin American Investment in Miami
Miami will once again become the epicenter of Latin American business and investment as some of the wealthiest and most influential families from the region convene for the LATAM Investment Convergence Summit. The event, taking place October 8-9 at the JW Marriott Miami, promises to redefine investment strategies, foster sustainability, and advance technological innovation across Latin America while fortifying economic ties with the United States.
Big UK Investors Set to "Buy the Dip" in U.S. Property Market
Major British investment firms, including Legal & General (LGEN.L) and Schroders (SDR.L), are gearing up to invest hundreds of millions of dollars in the U.S. commercial real estate market. The move comes as these asset managers—overseeing a combined $2.5 trillion in assets—seek to capitalize on recovering property prices, bolstered by declining interest rates.