Business Observer | Business Observer

Laura Lyon
September 10, 2024

Lee County man sentenced to prison for $118K COVID loan fraud

Multiple loans were taken out under false names.

Charlotte–Lee–Collier

Elizabeth King
September 10, 2024

Venice patio enclosure company expands, rebrands

Absolute Aluminum has a new office in Bradenton as well as a new look overall.

Manatee-Sarasota

Mark Gordon
September 10, 2024

Naples medical device firm picks up $20M in funding

Catalyst OrthoScience seeks to hire more people and grow into new markets.

Charlotte–Lee–Collier

Louis Llovio
September 10, 2024

Canadian owner of former Bradenton fuel supplier to sell Florida operations

The Parkland Corp. has told investors that it will sell off its entire Florida footprint as part of a plan to grow share costs and revenue.

Manatee-Sarasota

Louis Llovio
September 10, 2024

Tampa's development chief looks for consistency, clarity in rewritten land code

As Tampa updates its land development code with the assistance of the public, the goal is to provide a guide for the city's future growth.

Tampa Bay-Lakeland

Louis Llovio
September 9, 2024

SWFL company buys Punta Gorda eyecare center

With the purchase, Collins Vision will expand to three practices across the region.

Charlotte–Lee–Collier

Elizabeth King
September 9, 2024

Tervis bankruptcy: Revenue fell from $90M in 2022 to $33M so far in 2024

Company officials vow this isn't the end of Tervis. "Bankruptcy," say officials in the filing, "is a means of ensuring its continued existence and operational success in the decades to come."

Manatee-Sarasota

Laura Lyon
September 9, 2024

Hospitality group acquires part of Tampa bakery

Gulf Coast Sourdough is slicing up its assets but will remain intact.

Tampa Bay-Lakeland

Andrew Warfield
September 9, 2024

Pair of downtown Sarasota restaurant buildings sold for $8.5M

Restaurant operations will be unaffected as Baird Inc. purchases El Melvin and Café Amici properties.

Manatee-Sarasota

Louis Llovio
September 9, 2024

50-acre Gasworx project outside downtown Tampa starts to take shape

While it is still in the early stages, the plans for and the work on the Gasworx project shows how the development may transform Tampa.

Tampa Bay-Lakeland

Louis Llovio
September 8, 2024

Publix pays $223 million for seven Florida shopping centers

In the week's top commercial real estate news, Sarasota County is conserving more than 600 acres, a Tampa industrial building sells to New Jersey buyers, and Venice is getting a new 7-Eleven.