Written by Miami Today on December 1, 2011
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MIAMI HEAT STORE: Miami International Airport officials are to present a plan in December to open a Miami Heat sporting goods store at the airport. Airport spokesman Greg Chin said the Heat would lease space for the store. The plan is to go Dec. 12 before the Miami-Dade County Commission’s Regional Transportation Committee, which then could forward the proposal to the full commission for approval. Details of the plan were not yet available. South Florida sports teams have pursued the idea of opening a retail store at Miami International for years.
CHAMBER GAMBLING FORUM: A Greater Miami Chamber of Commerce committee will host the chamber’s second discussion of proposed casino resorts during a Dec. 5 Town Hall-style breakfast. An internal chamber memo emphasizes that both pros and cons will be discussed and participants can voice opinions. During a meeting of the chamber’s Creative Industries Committee, committee members are expected to discuss the issue and vote on it. Presided over by Dolores Sukhdeo, the agenda lays out the two options for the vote: Either the chamber supports "destination gaming resorts" in South Florida, provided that there will be parity for existing pari-mutuels and local governments will be allowed to use a portion of the generated revenues to mitigate impacts to surrounding communities, or the chamber opposes the resorts as they will displace existing economic activity, threaten small business and negatively impact the area’s image.
HOME PRICES WEAKEN: As the third quarter ends, Miami home prices have weakened, slipping 4% from September 2010 and 7% from the second quarter, according to data released by S&P Indices for its S&P/Case Shiller Home Price Indices. US home prices also struggled as the U.S. National Home Price Index rose only 0.1% from the second quarter, showing no significant change. The national index also fell 3.9% from the same time last year. Of the 20 cities the index covers, only Detroit and Washington, DC, reported an increase from last year.
PORT OF MIAMI PLANS: The Transportation and Infrastructure Committee of the Greater Miami Chamber of Commerce will hold a luncheon Dec. 9 to discuss the 2035 Port of Miami Master Plan, which is to be unveiled Dec. 7. Luis Ajamil, president of Bermello, Ajamil & Partners Inc., and Kevin Lynskey, assistant port director for business initiatives, are to be present.
FREIGHT FORWARDER EXPANDS: A 85,003-square-foot warehouse in Doral has been leased by Just In Time Services, a 17-year-old freight forwarder that’s expanding from a 60,000-square-foot warehouse also in Doral. The lease value is around $8 million. WestVest Associates represented the tenant and State Street Realty represented the landlord.
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