Tallahassee Business News
BUSINESS NEWS
FSUFilm Rises in Rankings with New Facility Acquisition
News Summary Florida State University’s College of Motion Picture Arts has achieved a significant milestone by ranking fourth among public film schools in the U.S. A key factor in this...
Decline in Consumer Spending in Tallahassee
News Summary Consumer spending in the Tallahassee MSA saw a decline in taxable sales by $2.7 million in May compared to last year, amid ongoing economic challenges and recent tax...
Blaise Ingoglia Appointed as Florida’s New Chief Financial Officer
News Summary Governor Ron DeSantis has appointed state Senator Blaise Ingoglia as Florida’s new Chief Financial Officer following the resignation of Jimmy Patronis. Ingoglia, known for his background in construction...
Leon County Property Taxes Expected to Rise Amid Value Increases
News Summary Leon County property owners are facing rising property taxes due to a 7.8% increase in property values. Although millage rates will remain unchanged, homeowners need to review upcoming...
Closure of Tallahassee HTeaO Franchise Due to Challenges
News Summary The HTeaO franchise in Tallahassee has closed its doors effective August 4, 2025, following significant challenges including lower summer sales and rising costs. The local owners expressed their...
Tallahassee Museum Plans Major Expansion
News Summary The Tallahassee Museum is set to undergo a significant expansion to enhance its exhibition space and better showcase local history. With over 15,000 historical artifacts in its collection,...
Leon County School Board Approves $645 Million Budget Amid Challenges
News Summary The Leon County School Board has approved a $645 million tentative budget for the upcoming fiscal year. Facing a financial shortfall exceeding $12 million, the board is implementing...
Rainey Cawthon Distributors Expands Fuel Storage Capacity
News Summary Rainey Cawthon Distributors has doubled its emergency fuel storage capacity to 90,000 gallons in Tallahassee. The new facility enhances fuel delivery efficiency to first responders and healthcare services...
Rainey Cawthon Distribution Expands Fuel Supply Operations
News Summary Rainey Cawthon Distribution (RCD) has opened a new bulk storage facility in Tallahassee, adding 45,000 gallons of fuel storage capacity. This expansion enhances RCD’s ability to meet the...
Finance
Decline in Consumer Spending in Tallahassee
News Summary Consumer spending in the Tallahassee MSA saw a decline in taxable sales by $2.7 million in May compared to last year, amid ongoing economic challenges and recent tax...
Blaise Ingoglia Appointed as Florida’s New Chief Financial Officer
News Summary Governor Ron DeSantis has appointed state Senator Blaise Ingoglia as Florida’s new Chief Financial Officer following the resignation of Jimmy Patronis. Ingoglia, known for his background in construction...
Leon County Property Taxes Expected to Rise Amid Value Increases
News Summary Leon County property owners are facing rising property taxes due to a 7.8% increase in property values. Although millage rates will remain unchanged, homeowners need to review upcoming...
Tallahassee Radio Station Sold to Local CEO
News Summary Real Talk 93.3, a Tallahassee radio station, has been sold to Jon Jopling, President and CEO of Magic Broadcasting. His local insight is expected to enhance community broadcasting....
Florida Legislature to Vote on Major Tax Package
News Summary The Florida legislature is preparing to vote on a tax package that includes a back-to-school sales tax holiday and the elimination of sales tax on commercial leases. Set...
Bethany Corum Becomes First Female President of Capital City Bank
News Summary Capital City Bank announces the appointment of Bethany Corum as its first female president, set to take office on July 1, 2025. Corum, who has been with the...
Leon County Residents Face Increased Fire Service Fees
News Summary Leon County may see a $39 increase in fire service fees for unincorporated areas following a recent commission meeting. The proposal, stemming from a request by the City...
Tallahassee to Boost Air Service with Financial Incentives
News Summary Tallahassee officials are set to introduce a financial incentive program for the Tallahassee International Airport to enhance air service starting in 2026. The initiative, which allocates $670,000 annually,...
MIDFLORIDA Credit Union to Acquire Prime Meridian Bank
News Summary Tallahassee residents, brace for change as MIDFLORIDA Credit Union announces its plan to acquire Prime Meridian Bank. With this merger, MIDFLORIDA aims to enhance banking services in the...
CONSTRUCTION
Tallahassee Sees New Townhome Community Development
News Summary The Cottages at Capital Circle is a new townhome community under construction in Tallahassee, offering 206 units on a 30-acre site. With amenities like a swimming pool and...
Significant Rise in Single-Family Construction Permits in Tallahassee
News Summary Tallahassee has witnessed a remarkable 78.1% increase in single-family construction permits in June compared to the previous year. Issuing 57 permits, this surge reflects growing demand for housing,...
Tallahassee Experiences Significant Decline in Home Construction Permits
News Summary In Tallahassee, new single-family construction permits plummeted by over 30% in May, raising concerns among residents about future housing availability. This trend is coupled with a notable increase...
Decline in Construction Permits and Immigration Enforcement in Tallahassee
News Summary Tallahassee has seen a significant drop in single-family construction permits, falling by 30.3% in May compared to last year, with only 46 permits issued. The value of these...
Tallahassee City Commission Approves Grocery Store Contract
News Summary The City Commission of Tallahassee is set to award a construction contract for the Griffin Heights Grocery Store to Tip Top Construction. This contract, valued at over $1.2...
Tallahassee to Award Contract for Griffin Heights Grocery Store
News Summary Tallahassee is set to award a construction contract for the much-anticipated Griffin Heights Grocery Store, aiming to improve community access to healthy food options. The project, with an...
City of Tallahassee Approves Construction of Grocery Store
News Summary The City Commission of Tallahassee is set to award a construction contract to Tip Top Construction for the new Griffin Heights Grocery Store. This project, aimed at enhancing...
Leon County’s Housing Market Shows Signs of Struggle
News Summary Leon County’s housing market experienced a slight increase in construction permits in March 2025, with 46 permits issued, marking a 4.5% rise from last year. However, this uptick...
Tallahassee Experiences 40% Drop in New Construction Permits for November 2024
Tallahassee Sees Sharp Decline in New Construction Permits for November 2024 In Tallahassee, Florida, the housing market has taken a noticeable hit this past month. According to recent filings with...
Marketing
Screws Tool Library Opens in Tallahassee
News Summary Tallahassee’s new Screws Tool Library offers residents access to essential tools through a membership model. Founded by Gordon Cox, the library addresses a lack of hardware stores in...
Tallahassee Restaurants Adapt to Seasonal Lulls
News Summary Local dining establishments in Tallahassee are facing a decline in customer foot traffic as the spring season ends. Restaurants like JoEllen’s and Hayward House are innovating to engage...
Taproot Agency Celebrates 20 Years of Marketing Success
News Summary The Taproot Agency, founded in 2003, is set to celebrate its 20th anniversary next month. From humble beginnings in a garage to a respected agency with a solid...
Tallahassee’s Urban Development Plan Gains Momentum
News Summary Tallahassee is actively working on a comprehensive urban development plan, focusing on community feedback, housing solutions, and urban forestry management. Local commissioners are divided over the timeline for...
Real Estate
Leon County Property Taxes Expected to Rise Amid Value Increases
News Summary Leon County property owners are facing rising property taxes due to a 7.8% increase in property values. Although millage rates will remain unchanged, homeowners need to review upcoming...
Tallahassee Housing Market Shows Signs of Balance
News Summary The Tallahassee housing market is witnessing a more balanced environment with increased inventory and slight price adjustments. The median sales price for existing homes has risen by 1.5%...
Lake City Celebrates Community Developments and Initiatives
News Summary Lake City held a BBQ lunch event to celebrate key business milestones, including Holly Electric’s 30th anniversary and the launch of new retail developments. A ceremonial groundbreaking for...
Tallahassee Sees New Townhome Community Development
News Summary The Cottages at Capital Circle is a new townhome community under construction in Tallahassee, offering 206 units on a 30-acre site. With amenities like a swimming pool and...
Significant Rise in Single-Family Construction Permits in Tallahassee
News Summary Tallahassee has witnessed a remarkable 78.1% increase in single-family construction permits in June compared to the previous year. Issuing 57 permits, this surge reflects growing demand for housing,...
Tallahassee and Leon County Propose Major Comprehensive Plan Amendments
News Summary Tallahassee and Leon County are considering significant amendments to their Comprehensive Plan, aimed at modernizing local growth strategies to reflect current community needs. The changes focus on promoting...
Tallahassee Experiences Significant Decline in Home Construction Permits
News Summary In Tallahassee, new single-family construction permits plummeted by over 30% in May, raising concerns among residents about future housing availability. This trend is coupled with a notable increase...
Decline in Construction Permits and Immigration Enforcement in Tallahassee
News Summary Tallahassee has seen a significant drop in single-family construction permits, falling by 30.3% in May compared to last year, with only 46 permits issued. The value of these...
Lake City Considers Expanding Community Development Agency Borders
News Summary Lake City is evaluating a potential expansion of its Community Development Agency (CRA) borders to enhance local development efforts. The proposed expansion includes areas adjacent to the existing...