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Indian River Blog

New bids to lure Piper Aircraft as high as $90M

May 23rd, 2007

Competition for the new proposal site for Piper Aircraft continues to rise. According to an article published in The Albuquerque Tribune, “The Vero Beach area has put forward a $50 million proposal to keep Piper along Florida’s Treasure Coast. Meanwhile, the Tallahassee City Commission on Wednesday was scheduled to consider an estimated $90 million proposal conceived by city economic development officials.” Other states, including New Mexico are very interested in hosting the new Piper site. Piper Aircraft is currently located in Vero Beach, FL and has over 1,000 employees. Read more here


Sebastian River HS on forefront of healthy vending technology

May 23rd, 2007

According to CNET news, “Sebastian River High School, a 1,960-student school in Sebastian, Fla., is on the forefront of turning school lunch lines into an automated window-shopping experience for kids. During the last school year, the school district’s technology specialist installed four of the high-tech vending machines, called Horizon OneSource Healthy Vending, under a pilot program with its maker Horizon Software, which introduced the vending machines in 2006.” Read more here


Fitch Ratings give Sebastian ‘A+’ on stormwater and sales tax revs

May 23rd, 2007

According to Buisness Wire, “Fitch Ratings upgrades the city of Sebastian, Florida’s $5.1 million outstanding stormwater revenue bonds, series 2003 to ‘A+’ from ‘A’. In addition, Fitch affirms the ‘A+’ rating on $9.9 million in outstanding infrastructure sales surtax revenue bonds. The Rating Outlook is Stable for both ratings.” Read more here


Two of Vero Beach’s largest hotels sell for $14.43M

May 22nd, 2007

According to the Fort Pierce Tribune, “Two of Vero Beach’s largest hotels have been sold for $14.43 million to South Florida real estate developers that specialize in hotel management. ” Read more here


Sebastian River High School ranked in top 1,000 schools

May 22nd, 2007

According to Newsweek magazine, Sebastian River High School ranks in the top 1,000 of the nation’s schools. Read more here


Small orange crop makes juice prices soar

May 19th, 2007

Orange juice prices have increased 20 percent in the past year, although demand has decreased by 11 percent according to the Florida Department of Citrus. Growers report sales are still going strong thanks to health-conscience advertisements. This year’s projected orange crop will be the smallest since the 1989-90 freeze season. Read more here