South Florida Business Journal articles from January 1996

South Florida Business Journal archives from January 1996

Venture may kill plans to build new film studio. (Venture Productions)
January 5, 1996... NORTH DADE - Venture Productions, one of South Florida's top contenders to build a film studio, may pull out of the race. "It was never a 100 percent decision that we were going forward with that," said Jim Duffy, who runs the 16-year-old...

WCI deals out $21M in land. (WCI Communities)
January 5, 1996... CORAL SPRINGS - The end of the year brought a spate of property series for WCI Communities, the partnership that owns large chunks of Coral Springs and Parkland. December sales included $15.9 million in residential parcels and about $6 million...

Companies vie for venture capital: entrepreneurs hope conference leads to financial backing.
January 12, 1996... CORAL GABLES - Entrepreneurs seeking money to sell everything from singles to suds to cardiovascular catheters will descend upon venture capitalists, investment bankers and other entrepreneurs gathering at the end of this month for the fifth...

Dollar Time set for liquidation. (Dollar Time Group Inc.)(includes related article)
January 12, 1996... FORT LAUDERDALE - Dollar Time Group Inc., the Broward-based discount retailer that once had 65 locations in 20 states, has closed the last of its stores and started liquidation proceedings. Hollywood-based trustee Kenneth Welt, who has handled...

Republic woos Family: Miami, Hallandale banks sign letter of intent. (RNB Republic Bank; Family Bank of Hallandale)
January 12, 1996... MIAMI - In a deal that would match two independents - something analysts expect to see a lot more of - RNB Republic Bank is this close to buying Family Bank of Hallandale. The two banks have signed a letter of intent, subject to due diligence....

Foreign banks still pursue Miami offices. (Florida)
January 12, 1996... MIAMI - Despite what is likely to be a timely and expensive process, another foreign bank has applied to open an office in Miami to be closer to its Latin American clients. CBG Compagnie Bancaire Geneve, of Geneva, filed an application for a...

Miami Arena hasn't given up fight: but Heat says there's no way they'll stay. (Miami Heat)
January 12, 1996... MIAMI - As politicians in Broward and Dade counties clamor to provide a lucrative new home for their restless sports moguls, the beleaguered Miami Arena seems to have dropped out of contention. But the owner of the seven-year-old arena hopes a...

Pharmed lands partner, contract. (Pharmed Group)
January 12, 1996... MIAMI - Teamwork is paying off big for Miami-based The Pharmed Group. The pharmaceutical and medical supply distribution company has entered into a joint venture with Jacksonville-based FoxMeyer, the country's fourth largest pharmaceutical...

First Western reaches an agreement with regulators. (First Western Bank)
January 12, 1996... Charged with operating in an unsafe and unsound manner, First Western Bank of Cooper City has entered into a written agreement with the Federal Reserve Bank and the Florida Comptroller and Banking Commissioner. First Western agreed to withhold...

Former Aztec exec joins Grubb & Ellis as senior VP. (Aztec Group; Grubb and Ellis Co.)
January 12, 1996... The rebirth of Grubb & Ellis' South Florida operations continues. The firm's latest hire is James Fried, who left his vice presidency at Aztec Group last month for a post as senior vice president at Grubb & Ellis. "I think it's a great...

New blood testing lab opening in Fort Lauderdale. (Florida)
January 12, 1996... A big new laboratory which will serve dialysis centers across the country is opening next month in Fort Lauderdale. ESRD Specialty Laboratories will provide blood tests relating to dialysis patients in its 14,000 square-foot facility on N.W....

Lottery ad account up for grabs; film season up and running. (Florida)
January 12, 1996... Soon to be up for grabs: The Florida Lottery's $30 million advertising and public relations account. The Lottery's contract with its incumbent agency, St. Petersberg-based Earle Palmer Brown, expires this summer. The agency first won the...

Carrabba's plans new restaurants in South Florida. (Carrabba's Italian Restaurant)
January 12, 1996... Carrabba's Italian Restaurant, the Houston chain that's backed by Tampa-based Outback Steakhouse, has at least four more restaurants in the works for South Florida. The company opened its first two locations here last fall, in West Palm Beach...