Tuesday, December 22, 2009

More Good Employment News for Stuart, Florida

The good news for Stuart and Martin County seems like it is a daily event. TurboCombustor Technology just broke ground for a new parking lot and is considering placing a building on the site. The Martin County Commissioners approved a $60,000 grant to the company to support the expansion plans at TurboCombustor.

With 375 employees, and a 15% employee growth, while the country is facing ever increasing unemployment, this is just another reason why real estate has performed better in Martin County than surrounding counties.

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Monday, December 21, 2009

Florida Biotech Continues to Grow

Another addition to the Florida biotech boom just received the initial OK in Palm Beach Gardens. The project will be across from Florida Atlantic University, and calls for a 20 year plan to build more than 500,000 sf of commercial and retail, as well as 300+ hotel rooms and 1.2 MILLION sf of office space.

This project will be a huge benefit to the Martin County real estate market. With some of the highest rated schools in the state, you can bet the scientists working in the biotech industry in Palm Beach Gardens will choose to live in Stuart, Palm City and the rest of Martin County.

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Wednesday, December 16, 2009

Monterey Bistro Italian Restaurant Opens in Stuart

Monterey Bistro and Lounge has opened in the former site of Papa Z's at 2500 SE Federal Highway in the Regency Square. Marc Siebmann, the former GM at Bonefish Grill is the owner, and he has retained chef Ottavio from Papa Z's to create his Italian specialties, as well as new additions to the menu . . . thin crust gourmet pizza and crab cakes.

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