Buenos días, South Florida.
Uber’s campaign to conquer South Florida is one step closer to completion.
1. Miami-Dade says yes to ridesharing
The Miami-Dade County Commission voted 9-2 on Tuesday to legalize ride-sharing services, including Uber and Lyft. The two tech companies have been operating illegally in the county for several years and have accumulated about $4 million in fines. During the meeting, dozens of taxi drivers came out in opposition to the ordinance, as they feared it would put their business at a disadvantage and allow an unlimited amount of competition. Read more from senior reporter Brian Bandell.
2. Polo club sale closes
Mark Bellissimo has purchased the International Polo Club in Wellington for $72 million. Isla Carroll Farms and ICF West, both part of a family trust controlled by John Goodman, sold the 248-acre equestrian property to WEP Polo, owned by Bellisimo. The U.S. Open Polo Championship is held at the IPC every April. Bellisimo is the CEO of Wellington Equestrian Partners, which owns the 500-acre Palm Beach International Equestrian Center and its stadium. Click here to read more by reporter Brian Bandell, including plans for the facility.
3. And more polo …
Pulte Homes Corp. acquired the Gulfstream Polo development site in western Palm Beach County for $49 million. Gulfstream Polo LLC and several other groups sold 160 acres on the south side of Lake Worth Road to the homebuilder. The site is part of a pending comprehensive plan amendment to build 973 homes on 224.9 acres. Click here to read more by reporter Brian Bandell, and on May 6 subscribers can check out his cover story on the urban development wave in West Palm Beach.
4. ModMed names key exec
Boca Raton-based Modernizing Medicine has named Rick Von Pusch as its first Chief Revenue Officer. Pusch will be part of the executive team alongside CEO and co-founder Dan Cane, Chief Medical Officer Dr. Michael Sherling, Chief Financial and Operating Officer Karen O’Byrne and General Counsel Mark Fleisher. The company, which produces electronic medical records software, has been rapidly expanding and nabbed the third-largest venture capital funding in South Florida($38 million) in the 12 months ended March 31, according to a report from PricewaterhouseCoopers and the National Venture Capital Association.
5. SoBe hotel on schedule
Add the Washington Park Hotel South Beach to the growing list of boutique hotels sprouting in Miami Beach. The hotel is accepting reservations, as it plans for its fall 2016 opening. The 182-room property at 1050 Washington Ave. will feature the popular Prohibition-style New York City bar and restaurant Employees Only, which announced its expansion to the New York Times in April.Click here to read more by reporter Emon Reiser, including the partners in the venture.