- December 15, 2025
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Geiger mansion sold
The 28,000-square-foot home of former basketball pro Matt Geiger sold for $8 million to an unidentified buyer. Geiger had the Tarpon Springs mansion on the market for nearly four years, asking up to $21 million.
The largest home in Pinellas County is on 20 acres along Old Keystone Road and has six bedrooms and eight bathrooms. Other amenities include a 3,000-gallon shark tank, a swimming pool and a buffalo pen.
Geiger, who played in the NBA from 1992 until 2002, built the home in 2003 and later sought to move into less opulent space. Numerous charity events were held at the mansion, along with filming of the 2004 movie “The Punisher.”
Steinocher to St. Pete
Chris Steinocher was named president and CEO of the St. Petersburg Chamber of Commerce. He will leave his current position as COO and senior vice president of the Tampa Bay Partnership at the end of January.
Steinocher is credited with implementing the eight-county partnership's marketing and business development efforts, including research, branding, trade shows and websites. He previously held a marketing position with Fortune Bank.
The Emory University graduate is past chair of the Florida High Tech Corridor Marketing Committee, and also serves on the boards of Creative Tampa Bay and the Tampa Bay Technology Forum.
Tax break for business?
The Tampa City Council approved a March 1 referendum asking voters to approve a tax break for new and expanding businesses.
Tampa's proposal echoes one passed by 64% of Hillsborough County voters in the November election. City leaders promote the idea as a driver for economic development and job creation, as well as leveling the field with the county.
The city tax waiver, good for up to 10 years, would also include investments on tangible property, such as machinery, furnishings and signage.
HMA previews year
Health Management Associates, the Naples-based hospital operator, says it plans to report a net revenue increase of as much as 15% in 2011, despite modest admission growth.
In a statement, HMA executives say the chain could generate as much as $5.9 billion in net revenues in 2011 compared with an estimated $5.11 billion in 2010. They say revenue growth will come from hospital acquisitions and cost controls.
“Health Management, through acquisitions, has acquired approximately $650 million of annual net revenue over the past 13 months, and we have a very active acquisition pipeline moving forward,” says Gary Newsome, the company's president and CEO.
HMA currently operates 59 hospitals with about 8,800 beds.
Kitson, Sierra Club report
West Palm Beach-based developer Kitson & Partners and environmental group Sierra Club recently published a report recommending conservation planning at Babcock Ranch, the future residential development on the Charlotte-Lee county line.
Kitson and Sierra Club formed a steering committee in 2006 with the goal of creating a system of connected wildlife corridors between Babcock Ranch and surrounding lands.
Recommendations include land swaps, easements and incentives for land conservation. The report also suggested ways to coordinate implementation with federal, state and local government. The full report is available at Babcockranchflorida.com.
TIB extends offer
Naples-based TIB Financial, the bank holding company that was acquired by a group of former Bank of America executives late last year, extended a stock offering to existing shareholders.
Shareholders of common stock as of July 12 have the right to purchase shares of TIB (symbol TIBBD) at $15 per share until Jan. 18. The shares recently traded between $18 and $20 a share.
TIB Financial is the parent of TIB Bank, with 27 branches from the Florida Keys to Venice and $1.7 billion in assets. It also is the parent of Naples Capital Advisors, with $184 million under management.
City requests earmarks
Sarasota city officials will seek nearly $100 million in federal funds for at least nine projects, including four transportation-related developments.
The nine requests are nearly double the amount of earmarks the city requested in 2010. And the $99.5 million in requested funds is almost three times as much as the $35 million it asked for last year.
City officials request federal funds for projects every year, normally in January. This year's transportation-heavy list focuses on roundabouts and other additions to heavily congested areas in and near downtown.
Bradenton firm merges
CPA Associates, a prominent Bradenton-based accounting firm with 45 employees, recently announced a merger with Atlanta based Mauldin & Jenkins.
CPA Associates specializes in government work, litigation support and business valuation and banking services. Mauldin has 43 partners, 240 employees and more than $40 million in annual revenues. All of the partners at CPA Associates will remain with the company after the merger, states a Mauldin press release. CPA Associates Managing Partner Jerry Marlar will run the local operation after the deal closes, likely by late spring.
More cuts loom
The Manatee County workforce, already down from nearly 2,000 employees to 1,700, could shrink more in 2011 and beyond, County Administrator Ed Hunzeker says.
Hunzeker, who spoke at a recent Manatee County Commission meeting, also says capital improvement projects will be slashed from the fiscal budget due later this year. Hunzeker says the county's $287 million general fund budget will need to be cut by at least $12 million.
The cuts are so steep that Hunzeker will start the process two months earlier than normal, in March, to make sure he hears from all parties connected with a certain service or program. The county has cut $122 million from its budget since 2006.
