Business Observer | Business Observer

Louis Llovio
February 12, 2024

Developer gets $44 million loan to build Bonita Springs apartments

The financing allows the developers of the planned 252-unit apartment community to begin leasing by the end of next year.

Charlotte–Lee–Collier

Mark Gordon
February 12, 2024

Airports add flights to upstate NY, Texas border town

Allegiant Travel Co. is adding a trio new nonstop routes to SRQ and PIE.

Tampa Bay-Lakeland

Jim Stinson
February 12, 2024

Report: Tampa Bay wages 15.6% under US average

A pair of new reports analyzing Tampa Bay finds that while people love to move here, the influx of people has exacerbated traffic and affordability issues.

Tampa Bay-Lakeland

Mark Gordon
February 12, 2024

Homebuilding exec named Southeast land director for national brand

Tampa-area homebuilding executive Martin Frame has been promoted to regional director of land in the Southeast for David Weekley Homes.

Charlotte–Lee–Collier

Louis Llovio
February 11, 2024

New York firm buys 246 Tampa condos, borrowing $32 million

In the week's top commercial real estate news, $110 million for car dealerships in Lee County, $9.9 million for a shopping center in Pasco County and $2.7 million for a school in Manatee County.

Florida

Mark Gordon
February 10, 2024

Sarasota manufacturer moves work from Ohio facility to local campus

Engineered motion control and hydraulic cartridge valve manufacturer Helios Technologies recently moved a facility from Ohio to Florida.

Manatee-Sarasota

Jay Heater
February 10, 2024

Former Manatee County administrator charged with three felonies

The State Attorney's Office will pursue three third-degree felony charges against Scott Hopes.

Manatee-Sarasota

Jim Stinson
February 9, 2024

Building materials giant to buy Tampa-based Masonite in $4B deal

Just weeks after Masonite International saw a $3 billion deal fall through in its pursuit of PGT Innovations, Masonite itself has agreed to be bought for $3.9 billion.