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Business Observer | Business Observer

    By
  • Louis Llovio
  • March 18, 2025
Developer of former Bath & Racquet Club Sarasota property gets $79M loan

The loan will go toward the construction of the new club on the site of the iconic property which closed in 2021.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • March 18, 2025
Sarasota garage door company grows reach with acquisition

D&D Garage Doors & Gates expanded its footprint into central Florida.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • March 17, 2025
Sarasota manufacturer names new board chair

Helios Technologies has appointed a five-year member to lead the board of directors.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • March 17, 2025
Forever 21 to close 23 Florida stores — four in region

The fashion retailer has filed for Chapter 11 bankruptcy for the second time in six years and is selling off assets.

  • Florida
    By
  • Louis Llovio
  • March 17, 2025
Symphony Salvage sells Sarasota building for $3.5 million

The 25-year-old building was sold vacant after the second-hand distributor moved to a bigger space nearby.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • March 17, 2025
SeaPort Manatee receives $2M state grant for infrastructure upgrades

The port in Manatee County was given a grant to help accommodate its growing truck traffic.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • March 17, 2025
South Florida meal prep company coming to St. Petersburg

The concept is slated to open late 2025.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • March 16, 2025
National developer buys 17 acres in Sarasota for 336 apartments

In the week's top commercial real estate news, a Brandon apartment complex sells for $76.25 million, a Fort Myers apartment community is almost complete, and a Naples retail property is back on the market.

  • Florida
    By
  • Elizabeth King
  • March 14, 2025
Prices released for 1,000 homes coming to west Bradenton

SeaFlower will offer a range of home prices and styles from four builders in its first phase of development.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • March 14, 2025
Tampa man arrested for $500K in COVID loan fraud

He is facing two decades in prison for eight counts of fraud.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • March 14, 2025
Pro athletes to open acai and coffee shop in Sarasota

Raining Berries will soon open a location in downtown Sarasota, with two famous athletes operating it as franchisees.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • March 13, 2025
Report: Tampa's wealthy turning to rentals at higher numbers

Redfin finds that as housing costs rise the affluent are renting their residences more often because it "frees up cash for other investments that may be more lucrative than real estate."

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • March 13, 2025
$1.1 billion project breaks ground at Fort Myers airport

The addition of Concourse E comes amid an increasing number of passengers at RSW.

  • Charlotte–Lee–Collier
    By
  • Laura Lyon
  • March 13, 2025
Report: Majority of Tampa Bay residents feel financially insecure

A recent study took the economic temperature of Tampa locals.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • March 13, 2025
Sarasota dental company acquires Brandon practice

Parkview Dental Partners now operates 25 practices on the west coast of Florida.

  • Manatee-Sarasota
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