Home   /  Business

advertisement


Port St. Lucie gets offer for vacant Digital Domain headquarters

By Jeff Ostrowski - Palm Beach Post Staff Writer



In a reminder of the steep cost of Digital Domain Media Group’s failure, the city that was the company’s biggest benefactor is considering unloading the company’s publicly funded headquarters at a hefty loss.

The Port St. Lucie City Council on Monday is scheduled to weigh a $14 million offer for the 115,000-square-foot building along Interstate 95. The city issued bonds totaling $39.9 million to build and furnish Digital Domain’s headquarters on a 15-acre parcel, but an appraisal commissioned by the city places the property’s value at $13.5 million.

Read the complete story...

Subscribers get total access to this story, and all our in-depth news, digital editions and exclusive content. Subscribe today, or try a 24-hour or 7-day digital pass.

Registered Post Subscriber — Sign me in.

Sign In

Post Print Subscriber — I need to register my account for digital access.

Access Digital

All Day Access — 24-hour digital pass

99¢ for 24 hours

All Week Access — 7-day digital pass

$3.99 for 7 days

All Access, All the Time — Print & Digital

View Offers

Popular on MyPalmBeachPost.com


advertisement

advertisement


We’re Listening

We hope you’re enjoying MyPalmBeachPost.com, our premium website exclusively for subscribers. Please tell us what you like and what we can do to make it even better by completing this brief survey.

Complete Survey

Read Today's Paper online

Read Today's Paper online

Still like to read the newspaper in the familiar page-by-page format? Great news! Digital versions of today's paper are available on your computer or tablet. And it's included in your subscription.

Learn moreRead