Currents January 2020 Jan 2020_Currents web | Page 5

Currents December 2019 > continued from page 3 the age of 67, leaving his son Jeffrey as the chair- man, president, and chief executive officer of FPA Corporation. To refocus his attention on the family’s Philadelphia real-estate development market, Jeffrey Orleans began an exit from Florida real estate. In 1988, FPA Corp agreed to sell its Palm Aire assets: Hotel and Spa, three golf courses, tennis courts and corporate offices to a Philadelphia Investment Firm for $28.75 million. Amlie’s plan featured mid and low-rise buildings as well as duplexes and villas. The variety of residential offerings featured an wide array of floor plans and even the smallest was spacious and well-laid out. The great appeal of Palm Aire was due to the fact that all of the resi- dential buildings had been built to human scale. They were woven into a lush landscape and dotted with recreational amenities that made all of it accessible to resi- dents. In 1990, Orleans sold FPA's real estate brokerage firm, Palm Aire Properties, to Linda L. Bosley, a vice-president and bro- ker with the company. In more recent years amenities such as a Publix grocery were built within the confines of Palm Aire as was the Skolnick Commu- nity Center where an assortment of recreational, educational and cultural activities are offered. Most recently Palm Aire has seen the addition of George Brummer Park making available a number of open-to-the-public ten- nis courts, bocce ball areas, out- side exercise machines and an elaborate and fenced playground area for children. The addition of sidewalks in many areas of the community also make it a walker's paradise. continued on page 6 > 5