Mystery firm's ‘Project Beep' eyes $247M investment, 1,000 jobs for Florida's Space Coast
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
An unidentified company is interested in making a major investment — in both dollars and jobs — on Florida's Space Coast.
The company's investment, codenamed 'Project Beep,' is in the works with Space Florida, the state agency tasked with growing Florida's space industry. All told, the project entails an investment of about $247 million and should create 1,000 local jobs.
Read: Loretta Swit, 'Hot Lips' Houlihan on M*A*S*H, dies at 87
'[The] project intends to establish aerospace manufacturing, R&D, warehousing and administrative facilities at Cape Canaveral Spaceport,' said Space Florida documents.
Click here to read the full story on the Orlando Business Journal's website.
Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 hours ago
- Yahoo
Florida housing inventory hits record high as Central Florida ZIP codes see surge in new listings
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Florida now has a record amount of housing inventory — and these Central Florida ZIP codes have seen the largest year-over-year increases in new home sale listings. An analysis from The Business Journals using data from Intercontinental Exchange shows which local neighborhoods have seen the most dramatic jumps in new listings, and which have the most total new listings as of Q1 2025. The top five ZIP codes for percentage growth in new home listings span from Orlando to the coast: Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
2 days ago
- Yahoo
Hyde Park's Forbici in legal battle as neighbors react to changes in Village
TAMPA, Fla. (WFLA) — A popular Hyde Park restaurant is facing possible eviction, and the legal fight is drawing attention to broader concerns about the future of the neighborhood. Court records obtained by 8 On Your Side show the landlord for Hyde Park Village filed a lawsuit against the operators of Forbici Modern Italian, citing multiple lease violations specifically exceeding seating limits and expanding without the proper permits. 'M*A*S*H' actress Loretta Swit dies at 87 The lawsuit claims the owners, listed under the corporate name CRG, were restricted to 159 guests total, including just 40 seats outside. According to the complaint, the restaurant added tables without approval from the City of Tampa. But the legal battle has also stirred emotions among residents and business owners who said the dispute reflects a bigger shift in the identity of Hyde Park. 'I think one of the challenges is there's been a change to a little bit more upscale shopping, which affects the family atmosphere,' said Patrick Chimino, Land Use Chair of the Historic Hyde Park Neighborhood Association. Many neighbors said they've watched some of their favorite spots disappear replaced by luxury brands and higher prices. 'Some of my favorite places are gone,' resident Eboni Staton said. 'Most of the other places are kind of expensive, so we come here as a treat.' Despite the changes, some businesses in the Village say they're thriving. 'Our jewelry sales have never been better,' said Eric Wolf, General Manager of Old Northeast Jewelers. 'With gold prices up and a strong demand for vintage timepieces, we're having one of our best years yet.' Still, many in the community hope a compromise can be reached. 'We do hope they do because I think they're one of those in-between type restaurant … family oriented, but it also attracts young crowds,' Chimino said. A spokesperson for Forbici told 8 on your side they are working on an agreement with the landlord. The restaurant remains open, and no court date has been set for the eviction case. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Yahoo
Area event introduces STEM students to careers in aviation, engineering
An event at the National Museum of the US Air Force hosted Miami Valley STEM students, providing them with a hands-on learning experience in aviation on Friday. [DOWNLOAD: Free WHIO-TV News app for alerts as news breaks] News Center 7's Mason Fletcher attended HeliStorm 2025 and spoke with the event organizer. Hear more about how students put their learning into action LIVE on News Center 7 at 5:00. TRENDING STORIES: Loretta Swit, 'Hot Lips' Houlihan on 'M*A*S*H,' dies at 87 'Worst I've ever seen;' Over 30 dogs, several ferrets found in area home with 'feces inches deep' Area police chief placed on paid leave pending misconduct investigation HeliStorm 2025, held May 29 through June 1, provides STEM students the opportunity to connect with aviation professionals as well as earn scholarship money for their school. The top 3 schools with the most students at the event split a $5,000 scholarship. HeliStorm event organizer Michael Kranitz said students have the opportunity to talk to pilots and learn more about aircrafts. He said the flying machines are like video games with consequences and hopes to inspire young people with an interest in the aviation industry. 'What I hope they get out of it is a new discipline that they didn't know about,' Kranitz said. This story will be updated. [SIGN UP: WHIO-TV Daily Headlines Newsletter]