The long awaited decision finally came yesterday. I am talking about the site for Scripps Florida; the 100 acre site was finally picked after two years of planning. The expected stimulus for housing prices in areas surrounding Boca Raton (i.e. Delray Beach where I live) will not come after all. All the high paying scientists jobs as well as an influx of associated population (i.e. families, support personnel) to a small town of 50,000 people will be going to Jupiter, FL, instead of Boca Raton.Â
Without this stimulus to the local housing market, I wonder how the prices could sustain…Â
More reading here from the local newspaperÂ
http://www.sun-sentinel.com/news/sfl-scrippscoverage,0,5969743.storygalleryÂ
Â