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Ultra high-end, 1,800-acre golfing community and resort planned near Celebration

Ultra high-end, 1,800-acre golfing community and resort planned near Celebration

A local developer wants to transform 1,800 acres just east of Celebration into a multibillion-dollar luxury residential community and resort that will “set new benchmarks in elevated lifestyle experiences” with mansion-style homes that could sell for tens of millions of dollars each.

On Monday night, Windermere-based CIG Companies held a splashy launch event at the Dr. Phillips Center for the Performing Arts in Orlando for Magnifica, which is planned for the parcel known as Brown Ranch Six on Poinciana Boulevard, about 1.7 miles south of U.S. 192, according to a report in GrowthSpotter.

It is part of a larger area long owned by the late cattleman Oren Brown, who famously refused to sell his ranch to Walt Disney over 50 years ago. Now the ranch may become Central Florida’s most exclusive residential community.

During the event, CIG co-founders Charles and Stacey Carey announced plans to build a 1,720-acre golf community with 250 mansions, 50 condos and high-end amenities directly next to a 72-acre resort with a mix of suites and resort residences. read more

After marijuana measure’s failure, Florida’s hemp shops stand to benefit

After marijuana measure’s failure, Florida’s hemp shops stand to benefit

They’re scattered across Tampa Bay — dispensarylike stores lined by glass shelves containing a colorful assortment of intoxicating products. Gummies, joints and vape cartridges promise consumers an unforgettable high.

These shops aren’t marijuana dispensaries. But they sure look like them.

After Amendment 3′s failure, small hemp retailers, which thrive in a legal gray area, may profit from a continued ban on recreational marijuana. Local vendors St. Pete 420, The Hemp Spot and Chillum Mushroom & Hemp Dispensary all expanded in the last year.

More than 9,500 Florida shops, from gas station convenience stores to smoke shops, are licensed to sell marijuana-like products derived from hemp plants. Around 1,500 are in Tampa Bay.

Some hemp products, which consumers 21 and older can buy, meet the state’s definition of marijuana, but escape detection by regulators, a Tampa Bay Times/Miami Herald investigation found. Others purchased by reporters were revealed to contain harmful levels of mold and pesticides. Since June 2023, the Florida Department of Agriculture and Consumer Safety has uncovered more than a million hemp products on store shelves that violated state law. read more

Star sighting: Singer Kacey Musgraves at Magic Kingdom

Star sighting: Singer Kacey Musgraves at Magic Kingdom

Walt Disney World has released a photo of singer-songwriter Kacey Musgraves during her recent visit to the Magic Kingdom, which was her first time at the resort, she said.

Musgraves, who posed with Minnie Mouse near Cinderella Castle, was in Central Florida for a concert at the Kia Center in downtown Orlando last week.  She talked about her Disney World visit during the show, saying that her favorite attraction was Seven Dwarfs Mine Train, a roller coaster in Fantasyland.

Disney also posted a video interview with Musgraves on social media, in which she was posted several rapid-fire questions, including “which bear are you trading outfits with?” in reference to this year’s Country Bear Musical Jamboree makeover. She opted for the look of the trio Bunny, Bubbles and Beulah. “They’re kind of fierce,” she said.

Asked for her favorite things about Disney parks, she replied “The joy, the merch, the snacks, the cleanliness. … So clean.”

She also was asked about her favorite Disney snacks. read more

Survey: Impulse buys may be ruining some Americans’ finances

Survey: Impulse buys may be ruining some Americans’ finances

Long gone are the days where impulse buying meant grabbing an unplanned candy bar or magazine in the checkout line. Now, social media makes it quick and easy for us to purchase just about anything with the click of a button, whether or not it’s in the budget. And for some Americans, it’s hurting them financially.

According to a new NerdWallet survey, conducted online by The Harris Poll, more than 1 in 5 Americans (22%) have made impulse purchases that have significantly impacted their finances in the past 12 months. Here are three strategies to combat the urge to shop hastily.

1. Save first, spend after

Around 1 in 6 Americans (16%) say they spent more on impulse purchases than they put into their retirement accounts most months in the past 12 months, according to the survey. A good way to avoid this is automating savings first and then spending what’s left over.

Proposed merger of Kroger and Albertsons is halted by federal, state judges

Proposed merger of Kroger and Albertsons is halted by federal, state judges

By DEE-ANN DURBIN

The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the merger.

U.S. District Court Judge Adrienne Nelson issued a preliminary injunction blocking the merger Tuesday after holding a three-week hearing in Portland, Oregon.

Later Tuesday, Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger in Washington after concluding that it would lessen competition in the state.

Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger’s implications.

Nelson agreed to pause the merger.