With Florida’s pro-business climate and warm weather, the state has always been a target for corporate headquarter relocation and business expansion. Couple that with the elimination of the SALT deduction and a focus on quality of life issues in the age of COVID, Florida has gone from the shortlist to the default choice for expansion
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Miami-Dade County to Release Finalized Plan to Address Climate Change
On April 22, 2021, Miami-Dade County released a draft Climate Action Strategy for public comment. The full draft of the report can be found here.
Miami-Dade County often finds itself at the center of the conversation of climate change and resiliency efforts. With so much at stake, the County’s Office of Resilience prepared and released…
Industry Leaders Discuss Construction Delivery Methods and Potential Pitfalls
On March 3, 2021, Bilzin Sumberg hosted its annual South Florida Redevelopment Conference. During one of the sessions, the leaders of our firm’s Construction Law Group, Joy Spillis Lundeen and Felix X. Rodriguez, were joined by Brad Meltzer, Chairman and CEO of Plaza Construction, and William O’Donnell, Managing Principal of Desimone Consulting Engineers, to discuss…
2021 Legislature Clarifies Use of Contract Deposits by Condominium Developers
Section 718.202 of the Florida Condominium Act sought to address the extent that condominium developers could apply contract deposits to pay costs involved in construction of a project. This Section of the Condominium Act allowed deposits in excess of 10% of the purchase price to be used, with appropriate language in the sales contracts for…
Post-COVID Miami: The Changing Landscape of Commercial and Residential Development
Earlier this month, Bilzin Sumberg’s South Florida Redevelopment Conference engaged hundreds of real estate developers, government staff and officials, architects, engineers, and construction professionals from 12 different states and three different countries in thoughtful discussions about the current real estate market and the future of land development in South Florida. This year’s innovative virtual platform…
Mayor Levine Cava Highlights Miami-Dade County Priorities at South Florida Redevelopment Conference
At the keynote session of Bilzin Sumberg’s South Florida Redevelopment Conference, newly elected Miami-Dade Mayor, Daniella Levine Cava, shared her vision for the County in the coming years. With a long history of public service to County residents, and as the first female mayor of Miami-Dade County, Mayor Levine Cava’s participation in the Conference garnered…
Rapid Transit Zones: Essential to the Future of Miami-Dade County’s Development
Bilzin Sumberg’s annual South Florida Redevelopment Conference brings together in- and out-of-state developers looking to explore new concepts and innovative approaches for achieving business success in South Florida’s real estate sector, as well as engineers, architects, planners, and government officials and staff engaged in real estate development and procurement in South Florida.
At this year’s…
Counties Beware: Florida Supreme Court Strikes Down Charter Amendment Implementing Transportation Tax
In a case that should serve as a warning to all Florida counties, the Florida Supreme Court recently struck down a voter-approved Hillsborough County charter amendment that created a 30-year, one-percent sales tax that could only be used to fund public transportation. The amendment also established an oversight committee responsible for ensuring that the tax…
Exciting Developments in Uncertain Times: What’s in Store for Real Estate in South Florida
Observers of the South Florida real estate industry don’t go very long without seeing headlines about Miami’s hot commercial real estate market. COVID-19 perhaps has only added to the growth of the market. But even in South Florida where the pandemic hasn’t blunted the market, it has indeed shifted trends and dynamics. On February 2nd,…
Unanswered Questions on the Corporate Transparency Act
The National Defense Authorization Act for 2021 enacted on January 1, 2021 contains Title LXI, the Corporate Transparency Act (“Act”). It institutes new reporting requirements for legal entities with few employees and limited purposes.
The Act requires reporting to the Financial Crimes Enforcement Network of the Department of the Treasury (“FinCEN”) by so-called “reporting companies.”…