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Business Observer | Business Observer

    By
  • Brian Hartz
  • January 4, 2024
Florida inches closer to recreational marijuana with 2024 ballot initiative

A proposal that would legalize adult recreational cannabis use — and bring a massive influx of tax revenues — in Florida appears headed to the general election ballot in November.

  • Florida
    By
  • Jim Stinson
  • January 3, 2024
Restaurant giant Bloomin' Brands adds two new board members

Bloomin' Brands appointed two new board members, and both have ties to Starboard Value, the activist fund that owns almost 10% of the Tampa-based restaurant giant.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • January 3, 2024
PGT Innovations receives unsolicited bid that beats previous $3B offer

A national manufacturer has made a third bid to acquire Venice-based PGT Innovations, the largest publicly traded company in the Sarasota-Bradenton region.

  • Manatee-Sarasota
    By
  • Jim Stinson
  • January 3, 2024
Tampa real estate branding agency sells to two employees

The president and founder of Walker Brands has stepped down as the real estate development branding firm is acquired by two longtime employees.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 3, 2024
Developers buy land near Tropicana Field for $115 million luxury tower

Plans call for a 23-story, 251-unit mixed-use development near the redevelopment of the 86-acre Historic Gas Plant District.

  • Tampa Bay-Lakeland
    By
  • Jim Stinson
  • January 3, 2024
State legislators aim to address health care, insurance, shoplifting

As in past Florida Legislative sessions, the power of the Senate president and House speaker will dictate much of the bills that either get passed or languish in committees.

  • Florida
    By
  • Louis Llovio
  • January 2, 2024
$55.6M purchase expands New York investment firm’s Florida footprint

Clarion Partners, which already owns 5.8 million square feet of industrial space in Central Florida, bought two Tampa warehouses minutes from Tampa International Airport.

  • Tampa Bay-Lakeland
    By
  • Jim Stinson
  • January 2, 2024
Tampa RV company secures $35M in financing for expansion

Seffner-based Lazydays closed on a $35 million mortgage loan facility funded by clients of Coliseum Capital Management.

  • Tampa Bay-Lakeland
    By
  • Mark Gordon
  • January 2, 2024
Fort Myers law firms promote attorneys to partner, stockholder roles

A pair of Southwest Florida law firms have promoted attorneys to partner-level roles.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • January 2, 2024
Florida insurance commissioner says reforms easing crisis, bringing stability

As Citizens' policy numbers continue to increase, the head of the Florida Office of Insurance Regulation says the state’s insurance market is improving.

  • Florida
    By
  • Jim Stinson
  • January 2, 2024
St. Petersburg bank names new CEO and president

St. Petersburg-based BayFirst Financial, parent company of BayFirst National Bank, appointed Thomas Zernick as CEO and Robin Oliver as president and COO.

  • Tampa Bay-Lakeland
  • By Sean Snaith
  • January 2, 2024
Prominent economist says Florida looks mostly sunny

Florida’s strong economy, says Sean Snaith, "will be a shelter from the storm."

  • Florida
    By
  • Louis Llovio
  • January 2, 2024
Well-known Naples restaurant Aqua to open Cape Coral location

Aqua Seafood & Steaks will open a new location at a high-end apartment development along Cape Coral’s main commercial district.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • January 1, 2024
Tampa-area construction, concrete entrepreneur and inventor dies at 78

James Patrick Judge, a Dunedin resident and longtime entrepreneur in the concrete and construction industries in the region and across the state, has died.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 1, 2024
Boca Raton investors pay $6.75 million for Pinellas portfolio

A Boca Raton real estate investment firm has bought a nearly 45,000-square-foot industrial portfolio in Pinellas County.

  • Tampa Bay-Lakeland
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