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Business Observer | Business Observer

  • For Subscribers Only
    By
  • Elizabeth King
  • February 18, 2025
Demolition underway at Sarasota Square Mall

The mall site on South Tamiami Trail will be redeveloped into a mixed-use project.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Elizabeth King
  • February 17, 2025
SRQ took hit in Q4, saw 2024 passenger traffic dip

Hurricanes and a software glitch were among the challenges that Sarasota-Bradenton International Airport faced in 2024.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Elizabeth King
  • February 17, 2025
Florida among top states for franchise growth in 2025: Report

Florida is expected to exceed 66,000 franchises — which will generate more than $73 billion — in 2025, according to a new study from the International Franchise Association.

  • Florida
  • For Subscribers Only
    By
  • Laura Lyon
  • February 17, 2025
Carrabba's names new division president

Kelia Bazile has a lengthy history in fast and casual dining establishments.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Laura Lyon
  • February 17, 2025
Record-breaking Tampa university president announces retirement

Rhea Law will remain in her post until the board’s next search is complete.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Louis Llovio
  • February 17, 2025
Fort Myers’ Alico Inc. has $20 million in land sales pending

The company, which is exiting the citrus industry, says about 25% of the land it owns will be set aside for “non-agricultural purposes.”

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Andrew Warfield
  • February 17, 2025
Revised Sarasota bayfront arts center complex cost estimate: $407M

Instead of four structures, the architect for the Sarasota Performing Arts Center has scaled plans back to two buildings with an option for a future second, smaller theater.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Louis Llovio
  • February 16, 2025
New Naples condos start at $30 million

In the week's top commercial real estate news, Tervis’ former getting a new tenant in Venice, workforce apartments open in Lakeland, and an industrial property sells in Fort Myers.

  • Florida
  • For Subscribers Only
    By
  • Laura Lyon
  • February 14, 2025
Longtime exec of Clearwater financial services firm named partial owner

Churchill Stateside Group now has a trio of owners.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • February 14, 2025
12 from region on Forbes best employers lists, including No. 1 spot

Raymond James, Shriners Hospitals for Children and Publix are on a list of the best large and midsize employers compiled by Forbes.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Elizabeth King
  • February 14, 2025
Ninja franchise makes Florida debut in Fort Myers

Ultimate Ninjas Academy is starting classes at the end of February.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Mark Gordon
  • February 14, 2025
'Tort tax' report: Frivolous lawsuits cost more than $1,200 per resident in Florida

Florida, at least when compared against other states, is ranked in the top half of costs stemming from lawsuit abuse.

  • Florida
  • For Subscribers Only
    By
  • Laura Lyon
  • February 13, 2025
$590 million Naples construction firm names new division head

DeAngelis Diamond named a new national director of safety and quality.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Elizabeth King
  • February 13, 2025
Sarasota company acquires two dental practices

Parkview Dental Partners acquired Lifetime Smiles Dental Care offices in Sarasota and St. Petersburg.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Louis Llovio
  • February 13, 2025
Chicago 'hot dog king' lists 3 Naples properties for $58.6M

The founder of popular Chicago-area chain Portillo’s and a local builder partnered on the homes and have listed them with a prominent national broker.

  • Charlotte–Lee–Collier
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