South Florida Business Journal articles from September 1996

South Florida Business Journal archives from September 1996

Now playing: Lincoln Road showdown. (Virgin Cinemas and Cobb Theatres Inc. make plans for new motion picture theaters in Miami Beach, FL)
September 20, 1996... Virgin, Cobb race theater proposals MIAMI BEACH - On the heels of last week's proposal for a 12-screen Virgin Cinema just north of Lincoln Road, a second developer announced plans to build a multi-screen Cobb theater at the street's west...

Investors buy S. Beach hotel. (South Beach Royal Hotel, Miami Beach, FL)(includes related article on hotel buyer Norman J. Kerr)
September 20, 1996... Minnesota group paid $3.9 million MIAMI BEACH - A group of Minnesota investors paid $3.9 million earlier this month for a 123-room South Beach hotel with plans to transform the oceanfront property into an upscale inn. Norman J. Kerr of...

PCA partners suspend UM Health Trust.
September 20, 1996... Until Physician Corporation of America's partners believe it is paying more attention to current members, enrollment in its UM Health Trust Plan has been halted. That edict came from PCA's partners, Jackson Memorial Hospital and the...

Fast-growing Miami software company's reach is widening. (Vento Software Inc.)(Company Profile)
September 20, 1996... When David Blyer and John Gomes started Vento Software in 1993, they wanted to build a company that sells business solutions to large companies all over the world. Two years later, even they are surprised at how fast they are meeting their...

Grocery-chain owner: from produce to producer. (Scott Woolley, president of Five Star Productions)
September 20, 1996... Boca production firm goes Hollywood as former grocery-store owner teams with hair-care magnate A former grocery-chain owner and a millionaire hair guru want to turn a Boca Raton video production company into a Hollywood force. Scott...

TransAmerica transforms from seller to buyer. (TransAmerica Media Group Inc.)(Company Profile)
September 20, 1996... When his ad clients asked for help, Jose Del Cueto provided it - and then built a whole new business for TransAmerica Media Group Inc. MIAMI - Jose Del Cueto was always a stellar salesman, but it was a buying binge that turned his business...

Virgin plans theater, Miami superstore: British billionaire's 12-screen cinema would be a first for Miami Beach.
September 13, 1996... Richard Branson, one of the world's most entertaining billionaires, wants to turn Miami into Virgin territory. Branson, a British native who oversees more than 100 companies under the Virgin umbrella, hopes to open a 35,000-square-foot Virgin...

Next wave of bank mergers: the little guys.
September 13, 1996... S. Fla.'s small banks and thrifts are expected to link up - or get left behind Two months ago, BankUnited of Coral Gables gave South Florida an indication of what lies ahead in bank mergers when it announced that it would acquire Suncoast...

Study: arena subsidies a bust: report says stadiums don't boost local economies - some even hurt.
September 13, 1996... WASHINGTON - Despite a persistent push to cut federal costs by eliminating social and economic programs, there is at least one industry where federal subsidies are alive and well - professional sports. A recent report published by the Library...

Developers line up to build Hollywood hotel.
September 13, 1996... HOLLYWOOD - Five developers have answered Hollywood's call to build a three- or four-star hotel on city-owned beachfront property. The respondents include developers of the Marriott Key Largo Beach Resort, the Key West Hilton Resort and...

State guarantees $100 million for trade loans. (Florida state government and US Import-Export Bank help small export business enterprises)(includes side bar)
September 13, 1996... Want to get into exporting? Agency ups the ante to help banks back small business Good news for exporters: The Florida Export Finance Corp., which guarantees bank trade loans to small businesses, is gearing up for a major increase in...

Government is bigger in Broward. (government employment added 3,100 in one year)
September 13, 1996... Study: Broward added 3,100 government jobs in a year To the list of growing South Florida industries, add one more: government. A South Florida Business Journal study ranked Broward County seventh in the nation in public sector job growth....