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Business Observer | Business Observer

    By
  • Louis Llovio
  • January 6, 2025
Fort Myers land company shutters citrus production, cuts 170 jobs

Alico Inc. is closing its citrus division after more than a decade of declines due to storms and greening.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • January 6, 2025
$30M rehab hospital breaks ground in Lakewood Ranch

The 40-bed rehabilitation facility is expected to open in 2026.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • January 6, 2025
Tampa based tech capital organization releases 2024 milestones

Several positive economic impacts across the state were included in Florida Funders' report.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • January 6, 2025
Retired NFL player Michael Lehan opens dessert store in Bradenton

Peach Cobbler Factory offers several sweets, including a variety of cobblers.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • January 6, 2025
$30.9 billion London investment firm opens Tampa office

Polar Capital signed a four-year lease at Thousand & One Water Street.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 6, 2025
Hertz names former TikTok, Home Depot execs to leadership team

The Estero-based company has grown its executive team months after naming new CEO, CFO and six new VPs.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • January 4, 2025
4 Gulf Coast metros among top in US for growth in 2024

U-Haul ranked the metropolitan areas that experienced the most growth last year based on one-way trips.

  • Florida
    By
  • Laura Lyon
  • January 4, 2025
Tampa's Selmon Expressway gets $4M boost to smooth traffic flow

The Tampa Hillsborough Expressway Authority was awarded a grant to implement new technology that will stem the build up of traffic on the Selmon Expressway.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 3, 2025
Beverly Hills, Miami investors buy Port Charlotte properties

The outside investors picked up the recently completed commercial spaces for nearly $9 million.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King
  • January 3, 2025
Indoor golf franchise opens in Pinellas, Manatee counties

The Back Nine offers golfers the ability to try more than 250 courses using simulators.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • January 2, 2025
Naples senior living facility borrows $76 million

The owners of The Carlisle Naples, who paid more than $100 million in 2021, have borrowed the money after making improvements.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • January 2, 2025
World of Beer to focus on growth post-bankruptcy

Tampa-based chain looks to expand after filing for court protection in 2024.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • January 2, 2025
Boo's Dog Bar closes this month in Sarasota's Rosemary District

A Sarasota establishment hailed as one of the country’s top 10 dog bars, Boo’s Ice House & Dog Bar, will shutter after Jan. 12.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • January 2, 2025
Tampa fintech company announces $45 million investment

Tampa-based fintech company AtlasClear Holdings is starting the year off with a large investment deal.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • January 2, 2025
Longboat Key-based Rumble receives $775M strategic investment

The video -sharing and cloud services platform Rumble received funds from a cryptocurrency company that will fuel growth and allow for a self tender offer.

  • Manatee-Sarasota
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