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Business Observer | Business Observer

    By
  • Elizabeth King
  • July 16, 2024
SRQ to add nonstop flight to New Hampshire

Allegiant Air will add a new destination to SRQ's roster of destination states.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • July 16, 2024
Gym chain shuttering Fort Myers, Cape Coral locations, cutting 108 jobs

The New York Sports Club announced it would close its local gyms in September.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • July 16, 2024
Music school consolidates, adds recording studio in Sarasota

Music Compound is combining its Sarasota and Manatee county operations into one new state-of-the-art facility.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • July 15, 2024
Tampa nonprofits focused on community well-being join forces

The company merger is set for January 2025.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • July 15, 2024
Sarasota physical therapy franchise opens 44 clinics in first half of 2024

A company that provides physical therapy at nearly 600 locations nationwide is continuing to expand and winning awards along the way.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • July 15, 2024
Work on $29M St. Petersburg senior housing project starts next month

The St. Petersburg Housing Authority will break ground next month on the site of the long-vacant Edward White Hospital building.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • July 14, 2024
Sarasota office building sells for $5.5 million

In the week's top commercial real estate news, Nordstrom Rack is expanding into Fort Myers, a St. Petersburg property locks down half a dozen tenants, and an investor keeps getting bigger in Manatee.

  • Florida
    By
  • Elizabeth King
  • July 14, 2024
100 Florida retail jobs in jeopardy as Salt Life stores hit auction block

Delta Apparel, which owns Salt Life, has declared Chapter 11 bankruptcy and given Florida notice that it could lay off nearly 100 workers and close stores.

  • Florida
    By
  • Andrew Warfield
  • July 13, 2024
Sarasota County officially repeals business tax as an EDC funding source

Tax burden of nearly $500,000 will be shifted from businesses to taxpayers with a 50% match per private dollar invested.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • July 13, 2024
Tampa telecom firm Phonism shifts leadership roles

Phonism, an organization with an automated platform focused on SIP device management solutions is shaking things up from the top with three leadership transitions.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • July 12, 2024
Economist: Fort Myers-Naples No. 3 nationally for office space use

The chief economist for commercial real estate firm Cushman & Wakefield delivered an economic forecast for Southwest Florida, including trends in office space usage and home prices.

  • Charlotte–Lee–Collier
    By
  • Laura Lyon
  • July 12, 2024
Fort Myers firm aids police with unsolved crime playing cards

A Fort Myers marketing and public relations firm has had a big — but mostly behind the scenes — role in helping law enforcement agencies solve open investigations.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • July 11, 2024
$20M Fort Myers Beach portfolio, including restaurant, listed for sale

Bonita Bill's Waterfront Café is part of a multi-property collection of properties that has been put on the market and a sign of the imminent change coming to the community.

  • Charlotte–Lee–Collier
    By
  • Laura Lyon
  • July 11, 2024
Comcast completes $72M SWFL infrastructure project

Cable giant Comcast recently completed a major infrastructure project in Southwest Florida after the beach community suffered extreme damage from Hurricane Ian in 2022.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • July 11, 2024
North Port poised to put borrowing, debt to referendum

The city seeks to be able to borrow up to $15 million in some cases without voter approval.

  • Manatee-Sarasota
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