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Celis Brothers & Civil Society Brewing -Team up for Smoothie Inspired Beer

October 19, 2020 by luxadmin

Celis Brothers & Civil Society Brewing -Team up for Smoothie Inspired Beer

Thanks to a collaboration with an area brewery, a proprietary beverage at Celis Produce in Royal Poinciana Plaza has been the inspiration for the production of a limited-run specialty beer.

Civil Society Brewing, a craft microbrewery with taproom locations in West Palm Beach and Jupiter, recently collaborated with Celis to create a beer based on the flavors in a smoothie beverage on Celis’ menu.

The El Tropical smoothie — one of numerous items on Celis’ menu of acai bowls, salads, sandwiches and more — features coconut water, mango, pineapple, banana and orange.

Civil Society’s co-owner Karl Volstad is a fan.  “Every time I’m down at our West Palm location (at 425 Kanuga Drive), I like to stop by Celis for a smoothie — usually the El Tropical, my favorite. At the same time, the Celis brothers would come by our brewery sometimes. After a while, we got to be friends and thought, `Hey, let’s collaborate.’”

Civil Society (civilisocietybrewing.com) released its limited-run El Tropical beer in late September, and it has featured the specialty beer on draft and in cans that sell in packs of four.

The El Tropical beer cans depict an image of the storefront of Celis’ original location on South Dixie Highway in West Palm Beach. Celis Produce (celis-produce.com) in Royal Poinciana Plaza is at 340 Royal Poinciana Way.    Alex Celis, who co-owns Celis Produce with his brothers Felipe and Camilo, said, “We’re huge fans of the El Tropical beer. It’s really light and refreshing.”

Volstad said there “unfortunately” are only a few cases left of the El Tropical canned beer (in four-pack) at Civil Society’s Jupiter location, 1200 Town Center Drive, “but we’ll definitely collaborate again with Celis Produce — and probably based on another smoothie they feature.”

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

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5300 West Atlantic Avenue
Delray Beach, FL 33496

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Sourced:

https://www.palmbeachdailynews.com/story/news/2020/10/25/beverage-celis-produce-royal-poinciana-plaza-has-been-inspiration-production-limited-run-specialty-b/6022342002/

Filed Under: Ben Yomtob, Business News, Featured, News, Palm Beach County

Google Investment In ADT – HQ in Boca Raton

August 29, 2020 by luxadmin

Google investment in ADT raises profile, competitive edge

Google’s $450 million investment in ADT Inc., raises the public and investment profile of the electronic security and alarm monitoring provider headquartered in Boca Raton another notch.  But the partnership also gives ADT the opportunity to sell and install Google’s Internet-connected devices such as Nest cameras and Nest Hub Max, all powered by Google Assistant, in millions of customers’ homes.  With a presence in Boca Raton since the 1990s, ADT is four times larger than its nearest residential competitor, and says it is the industry’s largest provider. It has more than 6.6 million customers, and 20,000 employees in 200 locations across the country, CEO and president Jim DeVries said Monday in a call with financial analysts.  Mountain Valley, Calif.-based search engine giant Google will become a 6.6% owner of ADT. The deal awaits SEC approval and is expected to close by the end of September. In addition, when certain milestones are reached, the companies will contribute $150 million each for marketing and product development.

“We are exceptionally excited about the partnership and our shared future,” DeVries said. “We think the deal has come at exactly the right time. The partnership has come at exactly the right time. Customers are focused on safety and home automation. ADT is the trusted partner in the home. Along with Google we are going to transform this customer experience.”

ADT expects to benefit from Google’s expertise in artificial intelligence and data analytics.  The investment will also boost the county’s profile across Corporate America, said Kelly Smallridge, president and CEO, Business Development Board of Palm Beach County Inc.

“We were thrilled to learn of Google’s investment in ADT,” Smallridge said. “This type of news involving one of the most recognizable companies in the world certainly elevates the prominence of ADT, which proudly calls Boca Raton their headquarters.”

ADT has 500 employees in Boca and another in West Palm Beach, making the company one of county’s major private employers. About half of the approximately 70 national corporate headquarters in Palm Beach County are in the City of Boca Raton.

Boca Mayor Scott Singer said added that “Boca’s strong corporate presence and growing number of high-paying technology jobs should increase further with the expanded participation of an innovation leader like Google.”

In 2012, Boca Raton became ADT’s headquarters and ADT became a publicly traded company following a spin-off from Tyco International, now known as Johnson Controls, Tucker said. ADT is celebrating its 146th year in business. Founded in Baltimore in 1875, it started as a telegraph delivery business, American District Telegraph.  ADT’s DeVries said both companies will be better positioned to attract new customers with the launch of ADT + Google Nest this year. He expects that both ADT’s professionally installed systems and do-it-yourself systems will experience growth.  “We have been historically product agnostic. Now we will be working more in alignment with Google on their hardware. The intent is to go to market together,” DeVries said.

Rishi Chandra, Nest vice president and general manager, said, said he believed Nest’s devices, powered by Google’s machine learning capabilities, will enhance ADT’s security monitoring and become the cornerstone of ADT’s smart home offering.  “The goal is to give customers fewer false alarms more ways to receive alarm events, and better detection of potential incidents inside and around the home,” he said.

Timothy Ralph, managing partner and portfolio manager, Biltmore Capital, Boca Raton, said, ADT benefits by gaining a huge brand name.  “ADT has come under a lot of pressure with do-it-yourself systems such as Ring.com and Simply Safe, with easier setups,” Ralph said.

“The big underlying story is that Google will be able to integrate ADT into their Nest products and gain access to their call centers,” Ralph said. “Among other things, the Nest is most famous for controlling the temperature in your home.”  Ralph foresees ADT offering bundled services, and that due to synergies, consumers could pay less than they would have previously for the same services.  “It’s a good outcome for consumers. You will get a little more bang for your buck with the technology,” Ralph said the alliance with ADT is a way for Google to broaden its business model and become part of an automated home network. The increase in monitoring will not appeal to everyone.  “Now Google will not only be monitoring me online but will be monitoring my home,” Ralph said. “Every time I open my door, they will know about it.”

“It’s an interesting dynamic. Google has a number of different products, such as the thermostat and security cameras, Ralph said. “Safety and security may be one of the more prominent issues they will have to face. They will have a lot of information. Google employees could look at it if they wanted to.  “There could be some feedback from regulators on privacy concerns. I don’t think that will prevent the deal from going through,” Ralph said.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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For Complete Article Jump to

https://www.palmbeachpost.com/story/business/2020/08/05/google-investment-in-adt-raises-profile-competitive-edge-mdash-plus-data-worries/112812906/

Filed Under: ADT-Google, Ben Yomtob, Boca Raton, Featured, News, Palm Beach County Tagged With: ADT, BEN YOMTOB, BOCA RATON, GOOGLE, NEST

Jupiter Center for Discovery Brings Life Science Lab Space

July 29, 2020 by luxadmin

Jupiter Center for Discovery

Brings More Life Science Lab Space to Palm Beach County

Seven Kings Holdings, Inc. is building out laboratory space within walking distance of the Scripps Research Institute, Max Planck Florida Institute for Neuroscience, and Florida Atlantic University’s Jupiter Campus. The Jupiter Center for Discovery will bring much needed high end laboratory space to Palm Beach County, a competitive edge that will attract more life science companies as they leave biotech hotspots like Cambridge, MA and Torrey Pines, CA.

The Business Development Board of Palm Beach County (BDB) worked with Ray Graziotto, President and CEO of Seven Kings Holdings on making the necessary connections and providing support through this new development.

WHAT THIS MEANS FOR PALM BEACH COUNTY:

  • New, high-end lab space in Jupiter
  • Located at 650 Pioneer RD #5, Jupiter, FL 33458
  • 25,000 s.f. of space transformed
  • Accommodate approximately 50 researchers, in addition to anchor companies
  • Filling a critical step in the ecosystem per BDB’s Life Science Industry Action Plan
  • Offer flexible lease terms for early stage life science companies
  • Walking-distance access to FAU Jupiter’s Campus
  • More research-specific space to attract research, biotech and life science tenants
  • Life Science entrepreneurs will have space, capital, support services, talent, and academic partners
  • Deluge Biotechnologies will be a future tenant, along with a handful of others that have expressed intent to commit.
For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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https://skholdings.com/

http://www.delugebiotechnologies.com/

Filed Under: Featured, Jupiter Center for Discovery, News, Palm Beach County Tagged With: BEN YOMTOB, JUPITER CENTER FOR DISCOVERY, LAB SPACE, PALM BEACH COUNTY

Amazon Breaks Ground at Palm Beach Park

July 20, 2020 by luxadmin

Palm Beach Park Welcomes Amazon

The company recently broke ground at the Palm Beach Park of Commerce and said the project will create ‘hundreds of jobs.’   Amazon on Thursday announced plans to expand its presence in Palm Beach County with the construction of a new fulfillment center near Jupiter, a move it said would bring “hundreds of full-time jobs” to the area.

The company, the world’s biggest online retailer, recently broke ground on a 1 million square-foot facility on 100 acres in the Palm Beach Park of Commerce, which lies west of Jupiter near the Beeline Highway.   The facility will house a distribution center for large items, such as mattresses, kayaks, grills and exercise equipment.

It will be the third Amazon facility planned for Palm Beach County within the past year. The company announced in July that it plans to open a delivery station in Boca Raton this year. Last October, it opened a 96,000-square-foot delivery warehouse on Beleverde Road near Florida’s Turnpike west of West Palm Beach.

“It’s a big win for us,” Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County, said Thursday. “Amazon clearly realizes that there’s a demand here in Palm Beach County.”

“We really wanted to win this for our residents,” Smallridge said. “We were dealing with, prior to COVID about a 3.5 percent unemployment rate to one that’s probably 14 percent today. We wanted to win because we knew that it would mean jobs for Palm Beach County residents.”

She said the county’s Planning, Zoning, and Building Department’s expedited permitting program played a critical role in making the project happen.

Amazon operates fulfillment and sortation centers in Miami, Jacksonville, Davenport, Orlando, Ruskin, and Lakeland.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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For the original Content please visit:

https://www.bdb.org/news/2020/08/21/economic-development-news/amazon-to-build-order-fulfillment-center-near-jupiter/

Filed Under: Amazon, Ben Yomtob, Featured, News, Palm Beach County Tagged With: AMAZON, BEN YOMTOB, PALM BEACH COUNTY

How will mass-scale tourism fare when the economy reopens: Florida

June 28, 2020 by luxadmin

Florida Mass Scale Tourism Going Forward…

Florida’s mass scale tourism, which profits off packing people into beaches, theme parks, cruise ships and airports, means the Sunshine State is among the hardest hit by a contagious virus that thrives on the social connections and personal contacts Sunshine State travel produces.

Nationwide, the pandemic will create $1.2 trillion in economic losses this year. About $520 billion are in direct travel spending, meaning travel and tourism has taken the brunt of the virus.

So far, Florida is the sixth-hardest hit state by COVID-19′s impact on tourism, according to a study by WalletHub. And the tourism and retail industries have the most jobs at-risk when it comes to dealing with the public, according to the Florida Chamber of Commerce.

In Palm Beach County, tourism is the county’s second largest industry, second only to agriculture.

http://discover.pbcgov.org/touristdevelopment/Pages/default.aspx

Whenever government leaders fully relax restrictions on social gatherings, experts agree tourism will rebound, but in a much different way.

“We will re-emerge as a completely different industry than we were,” said Peter Ricci, director of the Hospitality and Tourism Management program at Florida Atlantic University in Boca Raton.

Modifications for social distancing, face masks, and the heavy use of technology likely are among the changes in place for an indefinite period of time, creating constant reminders that life is different.  Amid the coronavirus crisis, May was a surprisingly busy month for Palm Beach real estate, as a new sales report released by Tina Fanjul Associates shows. The number of new single-family contracts jumped 400% in a year-over-year comparison of data from the local multiple listing service.

Anyone who has been watching real estate in Palm Beach over the past several weeks has seen the number of new contracts — and closed sales — attest to the remarkable vibrancy of the market in chaotic times.  Real estate agents and brokers barely have had time to keep their sales tallies updated, even as the country grapples with the effects of the coronavirus pandemic and the widespread social unrest that followed the Memorial Day death of George Floyd while in police custody in Minneapolis.  But as far as the island’s real estate went, the month of May delivered numbers that were nothing short of startling, with contract after contract being inked for properties town wide.

As one broker said in an informal conversation with the Daily News: “It’s like we took two-and-a-half months out of the calendar, and now we’re back to the height of the season.”  The busy market was driven, in large part, by out-of-town buyers from areas hard hit by the coronavirus crisis seeking homes in Palm Beach, multiple brokers have reported.

The May sales data was documented in a monthly sales report released late last week by Tina Fanjul Associates. The longtime independent real estate agency in Palm Beach is headed by broker Tina Fanjul and President Crista Ryan.  The Palm Beach market “remained strong through May with a large increase in under contract single-family homes in both the North End and the Estate Section,” noted the report, which used figures from the Palm Beach Board of Realtors’ Multiple Listing Service as its basis.  In all, May’s single-family closed sales totaled $111.75 million, the report showed.

Here are some insights about how Palm Beach real estate performed last month, courtesy of Tina Fanjul Associates’ report.

Palm Beach saw more new single-family listings in May compared to a year ago, “signaling strong seller confidence in finding a buyer late in our season,” the report said.

There was a 400% year-over-year increase in single-family properties that landed under contract on the North End. And in the Estate Section, the number of homes that went under contract doubled, compared to May 2019.

Town-wide dollar sales in the single-family category, the report said, remained “relatively unchanged” in a year-over-year comparison — with the exception of an ocean-to-lake “outlier sale” on Billionaires Row at 1820 S. Ocean Blvd., which closed last month for $46.75 million. As previously reported by the Daily News, broker Lawrence Moens of Lawrence A. Moens Associates had the listing for that property and agent Alan Quartucci of Brown Harris Stevens acted for the buyer, the MLS shows.

The steady sales numbers indicate “a continued strong market despite national setbacks” realted to the coronavirus crisiss, the report said.

May also saw no steep, across-the-board price discounts for MLS-listed single-family properties that changed hands. Overall, properties sold for between 5% and 10% percent of their MLS asking prices, the report said.

On the condominium and co-op scene, shoppers in May encountered a 130% increase in new listings for so-called “in-town” units — those in Midtown and the near North End — compared to a year ago. Prices ranged from $475,000 to $18.75 million. And the number of condo units that went under contract matched figures from May 2019.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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To read original sourced content please visit The Palm Beach Daily News

Filed Under: Ben Yomtob, Business News, Featured, News, Palm Beach County Tagged With: COVID-19, FLORIDA TOURISM, YOMTOB PROPERTIES

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