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Business Observer | Business Observer

    By
  • Andrew Warfield
  • March 26, 2025
Developer confirms new hotel for downtown Sarasota Hyatt Regency site

The new hotel at the 1000 Boulevard of the Arts site will be branded Hyatt Centric Harborside.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • March 25, 2025
Tampa-based AI mortgage platform surpasses $5B in loans

More than 11,000 loans have processed since Toorak Capital Partners launched the platform.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • March 25, 2025
Roofing company triples service tech team

Gulf Western Roofing says the staffing increase is needed to meet demand.

  • Charlotte–Lee–Collier
    By
  • Mark Gordon
  • March 25, 2025
Prominent Sarasota civic leader, lumber entrepreneur dies at 95

Charlie Stottlemyer was known as being easy-going, all-around friendly and the "epitome of a pillar of the community."

  • Manatee-Sarasota
    By
  • Elizabeth King
  • March 25, 2025
Circus-themed hotel opens on Lido Key near St. Armands

Cirque St. Armands Beachside, a 135-room luxury property, pays tribute to Sarasota's history as a circus town with its design and name.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • March 25, 2025
South Florida investor buys 18-building portfolio in Pinellas for $60M

Basis Industrial bought the buildings located across business parks in Largo and Clearwater.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • March 24, 2025
$2.5M IRS fraud lands Cape Coral roofing company owner in prison

The owner and manager of Nastar Roofing in Lee County were sentenced to federal prison for not paying taxes on employee wages.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • March 24, 2025
Naples’ Hoffmann takes step to buy national newspaper chain

The Hoffmann Family of Cos. is already Lee's second largest shareholder and may take the company private.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • March 24, 2025
TSA PreCheck enrollment available at SRQ

CLEAR is offering TSA PreCheck enrollment at the Sarasota-Bradenton International Airport.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • March 24, 2025
Polk County LG Electronics building sells for $50 million

The 348,740-square-foot Building 4 in the Lakeland Commerce Center is leased to the South Korean company.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • March 24, 2025
Roper Technologies to make $1.65 billion acquisition

A Sarasota-based software and technology company is buying a niche software provider.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • March 24, 2025
New $18M Lakeland hospital emergency department complete

Lakeland Regional Health's 24,000-square-foot freestanding location is now accepting patients.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • March 23, 2025
Maryland buyer pays $72M for housing near Florida Gulf Coast University

In the week's top commercial real estate news, an insurance company takes more space in Tampa, a Fort Myers company plans to build homes, and a major Sarasota project gets a big loan.

  • Florida
    By
  • Elizabeth King
  • March 22, 2025
Free ride service launches in Palmetto, Bradenton

Freebee provides complimentary rides in electric vehicles.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • March 22, 2025
Tampa investment firm surpasses $1 billion in assets

The milestone comes after closing a second round of funding.

  • Tampa Bay-Lakeland
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