Florida’s controversial toll roads projects are scrapped

 TALLAHASSEE — Two years after ordering the state to build more than 300 miles of toll roads across rural Florida, state lawmakers slammed the brakes.

With little debate, the Florida House on Tuesday voted 115-0 to repeal the bulk of the controversial projects, sending the bill to DeSantis’ desk.

The bill is an extraordinary reversal of a top Republican priority from 2019, and Democrats declared it a victory, House Minority Co-leader Evan Jenne, D-Dania Beach, told reporters on Monday.

https://www.tampabay.com/news/florida-politics/2021/04/27/floridas-controversial-toll-roads-projects-are-scrapped/

2020 Land Market Survey Shows Land the Only Commercial Asset with Positive Growth in 2020

 April 20, 2021 (Chicago) – The REALTORS® Land Institute (RLI) and National Association of REALTORS® Research Group have released the results of their latest Land Market Survey. The survey shows that while the COVID-19 pandemic battered the commercial real estate market in 2020, the land market held up to the pandemic’s severe blow, according to survey participants. A 3% increase in land sales contrasts starkly with a 40% drop in commercial sales transactions of properties or portfolios of at least $2.5 million

https://www.rliland.com/2020-land-market-survey/?utm_source=RLI%20Informz%20Email&utm_medium=RLI%20Email&utm_campaign=Informz%20Email