A 21st-Century Vision

By staff writer

January 2019 – 2 min. read

 From the moment former Civil War Major Nathan Boynton laid eyes on the more than 12 acres of sunny, pristine beaches that would later bear his name, Boynton Beach has been a vision.

Beginning with the hotel Boynton built in 1895 as an escape from harsh Michigan winters, through the city’s years as a thriving farming community connected to the country by the Florida East Coast Railroad and later through its evolution into the third-largest municipality in Palm Beach County, Boynton Beach has shown both its resilience and adaptability. The city has weathered the rise and fall of the dairy industry, widespread damage from Hurricane Wilma in 2005 and more than its share of gang-related violence but is heading into 2019 led by a young mayor with his own vision for this community built on sunshine and sand.

And it’s a vision that will take Boynton Beach back to its roots.

“My vision for Boynton Beach is a family-friendly farming and fishing city,” Mayor Steven Grant told Invest: Palm Beach when he sat down with our team in December. “When Henry Flagler built the train station back in the 1920s, that’s what this city was. We’re trying to adopt a version of that designed for the 21st century.”

Part of this vision is the $500 makeover that will transform the city by turning its east end into a walkable and vibrant downtown area. Projects in this massive revitalization broke ground in 2018, and the entire effort is expected to be complete by September 2019. In addition to the four-block Town Square — which will feature a new city hall, library, playground, fire station, parks, amphitheater and parking garage — mixed-use developments like the eight-story Ocean One and the 371-unit Villages at East Ocean Avenue will bring both residential and retail space.

“We have a great retail base here,” Mayor Grant said. “But we’re going to have to start redeveloping that retail presence for the 21st century. Sears, ToysRUs and Sports Authority have all recently closed. We have a lot of the big-box retailers that will need to find a new market or model, and I feel there is a great opportunity now to transform those retail spaces for mixed-use, modern applications, whether it’s co-working spaces or incubators.”

The hope is that moving toward a pedestrian-friendly downtown center with sleek, modern shops and amenities will encourage both residents and visitors alike to spend time in Boynton Beach, sparking economic growth and at the same time instilling a larger sense of community.  “We’re embracing new technology in Boynton Beach to make sure that we’re connecting and working with our residents while we all strive to develop as a community and an economy,” Mayor Grant told Invest:.

With three leaders under the age of 35 (Grant, Commissioner Christina Romelus and Commissioner Justin Katz) forming a three-to-five majority on the Boynton Beach Commission, it seems the long-awaited redevelopment of Boynton Beach is getting the youthful injection it needed. Invest: Palm Beach will be keeping a close eye on Boynton Beach’s transformation in 2019!

For more information on our interviewee and the City of Boynton Beach, visit https://www.boynton-beach.org/.

Midterm Madness

By staff writer
November 8, 2018 – 2 min. read

Tuesday’s midterm elections attracted record numbers of voters, with estimates putting the count at 113 million. This historic turnout brought 110 female winners, the country’s first openly gay governor and more than 30 flipped seats in Congress, but it also underscored the deep and often contentious divide facing our nation. Capital Analytics has been keeping a close eye on the results, particularly those affecting our markets in Florida, Georgia and Pennsylvania.

One of the biggest takeaways is the Democrats regaining control of the House, surpassing the 23 seats necessary for majority rule by more than 10. In Florida, former University of Miami president Donna Shalala won the 27th District previously held by Republican representative Ileana Ros-Lehtinen, edging out Republican opponent Maria Elvira Salazar. Democrat Debbie Mucarsel-Powell also won over Republican Carlos Curbelo in Florida’s 26th District. Pennsylvania saw three seats flipped by Democrats Mary Scanlon in the 5th District, Conor Lamb in the 17th District and Chrissy Houlahan in the 6th District.

Two congressional races in Georgia remained too close to call Wednesday evening, the first in the 6th District, where Republican Karen Handel is seeking reelection but trailed Democrat Lucy McBath 49.55 percent to 50.45 percent. In the 7th District, Republican Rob Woodall and Democrat Carolyn Bourdeaux were in a similar position, with Woodhall holding a slight lead of 50.23 percent over Bourdeaux’s 49.77 percent. Georgia law requires a recount if the final vote margin is 1 percent or less, according to the Associated Press. Both campaigns are waiting for absentee ballots to be counted in hopes of naming a clear winner.

Though the House succumbed to the “blue wave,” the GOP not only retained control of the Senate but also bolstered it with a number of key victories in states like Indiana, North Dakota and Missouri. In Florida, the hotly contested race between Republican former governor Rick Scott and incumbent Democrat Bill Nelson is heading for automatic recount. According to unofficial returns posted on Wednesday by the state Division of Elections, Scott held a 30,239-vote lead out of 8.1 million ballots cast — a difference of just .38 percent. In Florida, if the margin in a race is less than .5 percent, a recount is automatically triggered. The Senate race might not be the only one to move to recount, either. Florida’s agriculture commissioner contest between Republican Matt Caldwell and Democrat Nikki Fried is even tighter, with Caldwell carrying a slim .16 percent lead on Wednesday evening.

While Tom Wolf comfortably won reelection in Pennsylvania, the Florida and Georgia governor’s races were much more hotly contested. In Florida, Democrat Andrew Gillum conceded to Republican opponent Ron DeSantis early on Wednesday, but by late Wednesday DeSantis’s lead had narrowed to a margin of just .57 percent. However, this still remained outside of the .5 percent margin that requires a recount under Florida law. Votes were still being counted on Thursday morning, and if the margin falls below .5 percent, a recount will be triggered.

Georgia’s gubernatorial race is even closer, with Democrat Stacey Abrams refusing to concede to Georgia Secretary of State Brian Kemp (R) and vowing to “fight for every vote.” While Kemp’s campaign declared victory to reporters on Wednesday evening, the Abrams campaign readied its legal team to challenge the election results. A runoff, if it comes to that, would be held on December 4.

Even as heated battles underscored the increasingly polarized nature of U.S. politics, culminating in a divided Congress, the 2018 midterms marked a new high for women taking seats in the chamber, with 98 women projected to win in the House and 12 in the Senate. Even more notable is the fact that 34 of these women are newly elected members of Congress. This “pink wave” includes 29-year-old Alexandria Ocasio-Cortez, the youngest woman in history to take a seat in Congress, serving New York’s 14th District. In Pennsylvania, a record-breaking four women are projected to win seats in the House. This is particularly momentous considering not a single woman currently represents the state in the House. Women are also projected to win in nine gubernatorial races (not counting Stacey Abrams, who is still vying to become the country’s first female African-American governor).

In addition to the inroads made by women, there has also been a noticeable push for diversity in public office. Two Muslim women and two Native American women will take seats in Congress, and Colorado’s Jared Polis (D) will become the country’s first openly gay governor. Overall, more than 100 LGBTQ candidates claimed victory on Tuesday night, indicating changing attitudes toward how voters think about both LGBTQ candidates and rights. Exit polls suggest that voter diversity also hit all-time highs for midterm elections, with the non-white vote estimated at 28 percent. (For perspective, in 1990 non-white voters accounted for just 9 percent of the vote.)

While some races remain too close to call and others were resounding losses or victories, depending on which side of the party line you walk, the fact that so many people showed up to vote is something all parties can be proud of. We’ll be keeping an eye on the tight races in Florida and Georgia and looking forward to what’s in store in 2020.


Capital Analytics Spotlights Palm Beach as a Premier Business Destination

Invest: Palm Beach to highlight economic opportunities in the region

November 1, 2018

PALM BEACH, FL — Following the resounding success of its South Florida annual business guides, Invest: Miami and Invest: Greater Fort Lauderdale, Capital Analytics is setting its sights a few miles up the coast to launch Invest: Palm Beach in 2019. Innovation is a focal point for the inaugural report of Palm Beach, the first of an annual series that will underline and assess key issues and opportunities in the Palm Beach market.

Invest: Palm Beach will feature insights gleaned from one-on-one, in-person discussions with over 200 C-level executives, tackling the high-impact stories unfolding in the Palm Beach business community, including the area’s emergence as a healthcare hub, its strong real estate market and a growing workforce bolstered by an entrepreneurial spirit. The report will cover all of the main sectors of the Palm Beach economy, such as healthcare, education, marine, real estate, technology, banking and finance, tourism, manufacturing, trade, aviation and transportation.

“Palm Beach is a natural extension for our Florida division,” said Abby Melone, president of Capital Analytics.  “A new focus on Palm Beach will give our readers the full picture of South Florida. It’s an ideal      location for us to encourage international investment. The continued growth of opportunities in the Palm Beach market make it an ideal place for the company’s newest operation.”

The production of Invest: Palm Beach is underway as the Capital Analytics team has already connected with many high-profile industry leaders in the area. It will be the first and most comprehensive report on the region’s dynamic business climate. Currently in its fifth year of publishing the well-read and highly praised Invest: Miami, Capital Analytics has begun to expand into markets both in and outside of its home state of Florida.

“Palm Beach is an exciting place to be right now. We’re seeing record highs in investment, the real estate market is booming and population growth and manufacturing are up. Invest: Palm Beach will keep that momentum going by giving the region’s top executives in all of the major sectors a forum to let the world know why Palm Beach is such a great place to do business,” said Jaime Muehl, managing editor of Capital Analytics.

With the report expected to launch in the spring of 2019, a number of key players in the Palm Beach business community have already expressed their praise and excitement to be included.

The team will be led by Executive Director Yulia Yurevich-Paranchuk and Editorial Manager Jordan Blumetti. Yurevich-Paranchuk brings with her an extensive background in real estate and business development, while Blumetti, a skilled writer and journalist, will oversee the composition of the guide on the ground. This powerhouse duo is excited to create a high-quality report that showcases Palm Beach’s prosperity.

For more information contact
Jaime Muehl
Managing Editor
TEL: 305-523-9708, ext. 230