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Month: May 2024

Disney plan calls for investing up to $17B in Orlando, DeSantis-backed district says

Disney plan calls for investing up to $17B in Orlando, DeSantis-backed district says

Florida’s tourism oversight district is poised to adopt a new development agreement with The Walt Disney Co. that officials say will bring up $17 billion of investments at Disney World over the next 10 to 20 years.

The district’s board will take up the plan on Wednesday, addressing a key source of contention between Gov. Ron DeSantis and Disney.

“With Walt Disney World’s substantial investments, we anticipate economic growth, job creation, and support for local businesses, alongside environmental stewardship and workforce housing initiatives, benefitting Central Florida’s community,” Stephanie Kopelousos, administrator of the Central Florida Tourism Oversight District, said in a prepared statement.

In the 15-year agreement, Disney pledges to fund at least $10 million in affordable housing projects and create a local business hiring program that would award a minimum of 50% of the value of all construction work to Florida-based businesses.

District officials say they have agreed to continue providing infrastructure to support Disney’s growth. Both parties would have to consent to changes to the plan, according to the district. read more

Property values in Seminole County continue to soar

Property values in Seminole County continue to soar

Despite high interest rates and rising insurance costs, property values across Seminole County are expected to rise again this year as buyers continue snatching up new and existing homes.

“The Seminole County real estate market remains healthy,” Property Appraiser David Johnson said. “People are willing to pay to live in Seminole County because of the quality of life.”

According to estimates released by Johnson’s office Wednesday, the taxable values in unincorporated Seminole will climb 8% compared to last year to just over $53.5 billion.

And it’s not just in the county. The taxable values of properties in Seminole’s seven cities are expected to follow with soaring increases.

Leading the way is Sanford, estimated to see an 11.5% jump from last year to $6 billion, followed by Casselberry with a forecasted 9.2% increase to over $2.5 billion. Lake Mary is expected to see the smallest at 5.5% to nearly $3.7 billion.

Seminole also anticipates adding more than $731 million in new construction to the tax rolls this year, according to data. read more

Tech review: Father’s Day gift guide

Tech review: Father’s Day gift guide

Jim Rossman | Tribune News Service

Father’s Day is around the corner, and Dad deserves something nice. I know my dad suffered through years of ties and cologne before I was old enough to know what he really wanted.

I’ve got three gift ideas and one is bound to make him happy. I’ve used all three of these items and your dad will love all of them.

The OnePlus Watch 2 ($299.99, oneplus.com) is a Google-powered watch with a 1.48

OnePlus Watch 2

I’ll admit, I went for years without wearing a watch, but when the features on smart watches became compelling, I was hooked.

The OnePlus Watch 2 ($299.99, oneplus.com) is a Google-powered watch with a 1.48” AMOLED round face, which is a more traditional look than Apple’s boxy shape. The screen is covered with sapphire crystal for durability.

It is waterproof down to 50 meters, but it is not designed to be used in salt water, so no diving.

The watch has an impressive 100 hours of battery life with normal use. It can charge fully in just 60 minutes, but if you’re in a hurry, just 10 minutes of charging will keep the Watch 2 going for more than 24 hours. read more