Written by Miami Today on June 6, 2002
HOUSING BUBBLE: In a report called "Buying a House in a Bubble Market," a Wall Street Journal survey Tuesday found experts saying Miami’s average housing price rise will be tops in the nation this year at 10.7%. Fort Lauderdale was third at 9.1%, trailing Minneapolis-St. Paul’s 9.6%. Bottom in the nation: San Jose, CA, where housing prices are expected to fall 9.9%. Did Knight Ridder move its executives to San Jose from Miami too soon?
TRADE HONORS: World Trade Center Miami plans to give Gov. Jeb Bush its Florida’s International Achievement Award for 2002 for his efforts to promote free trade through leadership of Team Florida trade and investment missions to Argentina, Brazil, Chile, Israel and Mexico. The award is given annually for promoting and enhancing the international business interests of Florida global companies. A reception and dinner is scheduled at 6:30 p.m. June 24 in the Renaissance Miami Biscayne Bay Hotel, 1601 Biscayne Blvd. Cost is $110. Details: (305) 871-7910 or firstname.lastname@example.org.
JOINT EXPO: The 11th annual Greater Miami & the Beaches Business Exposition & Luncheon is being held at 12:30 p.m. June 27 in the Miami Beach Convention Center, 1901 Convention Center Drive, Miami Beach. The expo represents a joint effort by the Miami Beach Chamber of Commerce, the Coalition of Miami-Dade County Chambers, the Greater Miami Convention & Visitors Bureau and the Beacon Council. Gov. Jeb Bush is scheduled keynote speaker. Miami Today is a sponsor for the event, which is expected to attract more than 1,500 business representatives. Details: (305) 672-1270.
COUNTY BUILDING: Miami-Dade County just bought the 21,189-square-foot building at 3100 Ponce De Leon in Coral Gables it has been occupying for at least five years. It’s the place where residents go to obtain marriage licenses and pay traffic and parking tickets. The seller, 3100 Ponce, headed by Mort Guilford, sold the building and its 1.2-acre site for $6.2 million. Real estate brokers Edie Laquer and Peter Andolina handled the transaction.
SALES TAX STANCE: The 42-member Citizens Transportation Advisory Committee appointed by the Metropolitan Planning Organization, the county’s transportation-planning arm, voted to recommend county commissioners place on the ballot Nov. 5 a referendum supporting a half-penny sales tax used exclusively as a dedicated source of transportation funding. Members also expressed the need for an independent citizens’ trust to oversee spending the funds. They also expressed in a motion that while a recent survey favored user fees over a sales tax as the best way to go, there are "too many confusing elements and legislative approvals required in order for that option to be viable."
DEVELOPMENT TALK: The National Association of Industrial & Office Properties is presenting a talk on "Economic Development: A regional view of South Florida," by Frank R. Nero, president & CEO of the Beacon Council, at 8 a.m. June 19 in Signature Grand Conference Center, State Road 84, Davie. Registration and networking begin at 7:30 a.m., publicists said, followed by a buffet breakfast and the program. Cost $60; $20 for members. RSVP by June 17. Details: (954) 938-2137.
M-DCC GRANT: M-DCC announced it got slightly more than $7.6 million for a Unigraphics system to be installed in its Emerging Technologies Center of the Americas to expand computer-aided design and manufacturing programs in the M-DCC School of Computer Information Systems & Design Technology. Using 53 different application packages in the package, publicists said, the college will be able to offer a complete curriculum, including design, engineering and production, starting next January.
ACADEMIC PACTS: Miami-Dade Community College announced officials are signing an articulation agreement with Kettering University at noon today (6/6) in the Centre Gallery, Room 1365, M-DCC Wolfson Campus, 300 NE Second Ave. The agreement means M-DCC students can use M-DCC course credits toward a bachelor’s degree at Kettering. Meanwhile, the University of Miami and Valencia Community College announced Monday that those two schools signed an articulation agreement that would allow Valencia Community College engineering graduates to transfer credits to UM’s College of Engineering.
HONORS FOR ROULHAC: Leadership Miami, a 23-year-old group of rising executives, gave its annual Bill Colson Award to Peter Roulhac of First Union Wachovia, chairman-elect of the Greater Miami Chamber of Commerce, at the chamber’s goals conference in Palm Beach over the weekend. The award honors "the vision and selfless dedication of a community leader." Past Leadership chairman Mark Trowbridge and current chair Nadine Johnson, both with Switchboard Miami, made the presentation.
CROSSING BRIDGES: In accepting the Colson award, Mr. Roulhac offered honors himself to chamber President & CEO Bill Cullom. Referring to an article in this paper’s Best of Miami edition citing Mr. Cullom as a bridge-builder, Mr. Roulhac said, "I would modify that and say master bridge-builder." Outgoing chamber Chair and SunTrust President Ramiro Ortiz followed. After noting that the chamber had held 206 events in the past year, he amended Mr. Roulhac’s amendment of Mr. Cullom’s role: "Not only is he a bridge-builder but he crosses those bridges."
CHECKING OUT: The Greater Miami Chamber annually gives its outgoing chairman a personalized gift. For chess-playing sports fan Mr. Ortiz, new Chairman Jack Lowell presented a chess set in which the pieces are University of Miami football players. After his thanks, Mr. Ortiz left the podium for the last time as chairman, quipping to Mr. Lowell: "Now it’s your move."
FLORAL ARRANGEMENTS: Daisytek leased 14,628 square feet and Aerofresh Flower Cargo 9,395 square feet at Beacon Centre, 8323 NW 12th St. Jose Juncadella, David Spillers and George I. Pino of Codina Realty Services represented the landlord, AMB Property Ltd., in both transactions. Paul Isenberg with Cushman & Wakefield represented Daisytek. There was no co-broker for the Aerofresh transaction.
KENDALL ANCHORS: Retail developer Rouse-Coral Gables Co. is courting Sears Roebuck & Co. and up-scale retailer Dillard’s Inc. as potential anchor tenants for Kendall Town Center, a 158-acre commercial and residential development planned to enter construction phases in western Miami-Dade County in 2004. The anchor tenants would presumably serve as "magnates for smaller retailers" that want to be near them, said Ann Pope, Rouse development director and spokesperson. She said the company expects to close on agreements by early fall 2002 with an eye on landing permits in 2003.
SHAKE-A-LEG BASH: Shake-A-Leg Miami is holding a groundbreaking ceremony with hands-on sailing exhibits and refreshments from 2-5 p.m. June 7 for its three-story Watersports Center & Marine Academy, 2600 S Bayshore Drive. To date, publicists said, $4.8 million of a goal of $6.3 million has been raised for the project. Backers are selling pavers, bricks and named gifts to raise the balance. are scheduled Friday. Details: (305) 858-5550.
INTERNATIONAL BANK POST: The Florida International Bankers Association installed Alberto Valdes president at recent ceremonies that brought about 150 international bankers to the Coral Gables Biltmore Hotel. Mr. Valdes is chairman, president & CEO of International Bank of Miami and earlier in his career was president and CEO for First American International Bank in Miami. "As we move forward into our new year," he said, "our association faces many changes, both related to the economic conditions in Latin America and the US and in our industry as a result of Sept. 11." He said the organization’s board has organized a strategic meeting "to come up with a road map for this upcoming year." With the appointment of Mr. Valdes, former president David Konfino, president of Union Planters Bank International, becomes the association’s outgoing president.