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Month: September 2025

Winter Park may cut impact fees to spur more development on West Fairbanks

Winter Park may cut impact fees to spur more development on West Fairbanks

Winter Park, in a bid to transform the West Fairbanks Avenue corridor, is exploring incentives that could ignite more development in the area.

On Thursday, Winter Park held a City Commission work session to discuss the future of the corridor, specifically the South of Fairbanks Avenue (SOFA) District. The district, which stretches from Orlando Avenue to I-4, is part of a community redevelopment area with land under the jurisdiction of Winter Park, Orlando, and Orange County.

“As other areas in the city become less vacant, that’s pushing investment farther out in the city. We have certainly seen over the last 10 years that 17-92 has started to attract more investment. We’ve been seeing development happen along there, and I think we are starting to see the development world start to turn its eyes to West Fairbanks,” said Peter Moore, director of the city’s Office of Management and Budget.

The SOFA district is located south of W. Fairbanks Avenue, between Orlando Avenue and I-4. (City of Winter Park)
The SOFA district is located south of W. Fairbanks Avenue, between Orlando Avenue and I-4. (City of Winter Park)

The corridor experienced a 167.3% increase in taxable property value between 2012 and 2025, higher than the citywide growth rate of 158.1%. However, city staff had hoped to see much more growth in the SOFA district due to the level of public investment in the corridor. The City of Winter Park has put about $30 million into infrastructure upgrades there in the last 15 years, which included bringing transmission lines underground and building out stormwater infrastructure. read more

Toyota and Hyundai recall more than 1.1 million vehicles for seat belt, panel display problems

Toyota and Hyundai recall more than 1.1 million vehicles for seat belt, panel display problems

Toyota and Hyundai are recalling a combined 1.1 million vehicles due to problems with the instrument panel displays and seat belts, U.S. auto regulators said Thursday.

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Toyota is recalling 591,377 automobiles because the instrument panel display can fail and not show the driver critical information including vehicle speed, brake system and tire pressure warning lights, which could lead to a crash and injury.

Models included in the Toyota recall are the 2023-2024 Venza, RAV 4 Prime, RAV 4, GR Corolla and Crown; 2024-2025 Lexus TX and LS and Toyota Tacoma and Grand Highlander; 2025 Lexus RX, Toyota Crown Signia, Camry, RAV 4 plug-in hybrid and 4 Runner. read more

FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events

FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events

By DEE-ANN DURBIN, Associated Press

The Federal Trade Commission and a bipartisan group of state attorneys general sued Ticketmaster and its parent company Thursday, saying they are forcing consumers to pay more to see live events through a variety of illegal tactics.

The FTC said Live Nation and its subsidiary, Ticketmaster, have deceived artists and consumers by advertising lower ticket prices than what consumers must pay and falsely claiming to impose strict limits on the number of tickets consumers can buy for an event.

In reality, the FTC said, Ticketmaster coordinates with ticket brokers who bypass those ticket limits. The FTC said brokers use fake accounts to buy up millions of dollars worth of tickets and then sell them at a substantial markup on Ticketmaster’s platform. Ticketmaster benefits from the additional fees it collects from those sales, the FTC said.

The Associated Press left messages seeking comment Thursday with Beverly Hills, California-based Live Nation Entertainment. read more

Citizens takeouts begin in December: Two more home insurers approved to sell policies in Florida

Citizens takeouts begin in December: Two more home insurers approved to sell policies in Florida

Two more new home insurers — one opened by Silicon Valley entrepreneurs and another founded by a Tampa-area philanthropist — have been approved to sell policies in Florida.

Stand Insurance Exchange, a California-based insurer, and Praxis Reciprocal Exchange, headquartered in Tampa, are the 16th and 17th new entities to enter Florida’s market since legislative reforms were enacted in 2022 and 2023, the state Office of Insurance Regulation announced in a news release on Thursday.

The 17 companies bring a combined $574 million in policyholder surplus to further shift coverage burdens away from state-owned Citizens Property Insurance Corp. and into the private sector.

Insurance lines that will be offered by the two new companies include fire, allied lines, homeowners multi-peril, inland marine, other liability. Praxis will also sell boiler and machinery coverage.

Each will participate in Citizens’ depopulation program by taking out 25,000 Citizens policies in December, the release said. read more

Amazon pledged to support affordable housing. How has it fared so far?

Amazon pledged to support affordable housing. How has it fared so far?

By Alex Halverson, The Seattle Times

It’s a sunny, September day in SeaTac, Washington, and three kids are playing in the courtyard of Connection Angle Lake, a new 130-unit affordable housing project roughly 50 feet from the last stop on Sound Transit’s 1 Line.

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Inside, the studios, one-bedroom and multi-bedroom apartments look fresh with stainless steel appliances and views that give a peek of Mount Rainier.

The proximity to the light rail is no coincidence. The site was acquired by Sound Transit in 2013 and purchased at a discount by affordable housing organization Mercy Housing in 2022. The transit-oriented housing project made a perfect candidate for Amazon’s Housing Equity Fund, which contributed a $17 million low-interest rate loan and a $2 million grant. read more