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Business Observer | Business Observer

    By
  • Elizabeth King
  • May 22, 2025
Restaurant on US 41 in Sarasota sells for $2.1 million

A veteran restaurateur purchased the building on South Tamiami Trail, which spans more than 5,500 square feet.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 22, 2025
Tampa Electric deploying helicopters to survey powerlines

The company will use the aircraft to inspect a 1,300-mile system of transmission lines.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 22, 2025
Tervis relocates central office, frees space up at former Venice HQ

The manufacturer, which emerged from bankruptcy earlier this year, has returned to its original facility in Osprey.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • May 22, 2025
Eye care practice in $615K fraud case responds to allegations

Gulfcoast Eye Care says it relied on information from an unnamed third-party vendor.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • May 22, 2025
Private dining club coming to Sarasota selects financing partner

First Horizon Bank will finance construction of 1000 North Sarasota.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • May 21, 2025
$37M affordable senior housing project complete in Bradenton

Astoria on 9th marks the fourth affordable housing community in Bradenton for developer Housing Trust Group.

  • Manatee-Sarasota
    By
  • Eric Garwood
  • May 21, 2025
East Manatee golf club lands Senior PGA Championship for 3 years, starting in 2026

The Lakewood Ranch course has played host to previous high-profile events.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • May 21, 2025
Manatee medical manufacturer acquired for $120 million

Biolife has become a subsidiary of Merit Medical Systems.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 21, 2025
342 jobs cut as Bahama Breeze closes 5 Florida restaurants

The Darden-owned chain is shuttering 15 restaurants across the state and nation, including one in Naples.

  • Florida
    By
  • Mark Gordon
  • May 21, 2025
Fort Myers construction firm founder retires, company now employee-owned

Fort Myers pre-construction, earthwork and infrastructure services firm EHC is transitioning to become an employee-owned company.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • May 20, 2025
Bradenton breaks ground on $35M police headquarters

The new facility will be nearly double the size of the old Bradenton Police Department.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • May 20, 2025
Potbelly to open first Sarasota location

The Sarasota Potbelly will be the 14th for the brand in Florida.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 20, 2025
Tampa hotel sells for $9.65 million to local buyer

Hampton Inn Tampa East, a 74-room limited service hotel near Hillsborough Avenue and off of Interstate 4, was fully renovated in 2023.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 20, 2025
Houston megadealer buys family-owned Fort Myers Lexus, Acura stores

Group 1 expands its Florida footprint with the purchase of the Scanlon Auto Group's two Tamiami Trail dealerships.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • May 20, 2025
Sarasota County to buy Camp Venice for $14 million

The county has entered into a contract with Camp Venice LLC to purchase property adjacent to Snook Haven Park.

  • Manatee-Sarasota
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