Get Email Updates
Get an email the instant your dream home hits the market with your MyLogin account
Updated March 21, 2024 1:25PM EST
View exclusive Market Reports & Stats on your South Florida Community.
Get your Free Market ReportDetermine your home's estimated value based on ecent homes sales in your area.
The largest and most complete private directly of commercial listings not on the MLS. Contact us directly with your specific needs to see if we have a match.
G4S Wackenhut, formerly known as Wackenhut, is in the final stages of moving into Abacoa in Jupiter. In Abacoa they will join the Scripps Institute, the Max Planck Society, and Florida Atlantic University Honors Campus in the core of the town. Abacoa is turning into an intellectual center and this offsets the dependence Floridians have always had on economic support from the housing industry and tourism.
Here’s what their new building looks like.
G4S Wackenhut was started in Coral Gables in 1954 by ex-FBI man George Wackenhut and three partners. Originally they provided manned security, but the company slowly evolved into a high-tech organization that found its way to profitable government, NASA, and nuclear contracts. As an example, in 1989 they won a $2.3 million contract to guard Metrorail stations in Miami and grew the practice into a nearly $20 million-per-year, no-bid contract. But this is small potatoes compared to the Federal contracts they have been awarded, especially since 9/11.
In the 1990’s, when George had his waterfront mansion on the market for $27 million, Palm Beach County paid his firm $1 million to relocate to Palm Beach Gardens and create jobs. In the end, most of the jobs were Miami transplants, not new jobs. Nevertheless, they are a clean business and provide jobs beyond the usual sources.
In 2002 the company was acquired for $570 million by a Danish corporation. In 2010 G4S Wackenhut is changing its name to G4S Secure Solutions to reflect a new business model.
Posted in Abacoa homes for sale on December 21, 2010 at 4:19 am.
Never-before-seen-photos of your
favorite celebrity homes
Echo Fine Properties, winner of Best Brokerage of the Palm Beaches in 2020, 2021 and 2022, is located in Palm Beach Gardens, Florida. We are a family-owned local brokerage that prides itself on having the finest full time luxury real estate agents who know the area backward and forward. Each agent is hand selected to join us for their knowledge of the area including golf club communities, gated communities, equestrian and ranch estates, condominiums, and waterfront and boating estates. Echo is unique in real estate in that our company pays for all marketing, advertising, and all support which is handled in-house. WE PAY, which lets the agent concentrate on our customers. Unlike other firms, agents never have to compromise the marketing budget. Our Home ECHOnomics Guarantee offers an unheard of 57-promises. This website consists of 5 separate MLS feeds, giving 100% accuracy ranging from Miami to Fort Lauderdale to Palm Beach to Martin County.
© 2020, © 2021 and © 2024 Echo Fine Properties, All Rights Reserved. Powered by Neutrino, Inc. Authored by Jeff Lichtenstein
Use of this website and information available from it is subject to our Privacy Policy and Terms & Conditions
or Create your MyHomes account today?
In only 30 seconds you will have full access to property, community info and SOLD data you can't get anywhere else.