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News

    By
  • Business Observer Staff
  • May 7, 2022
Gulf Coast counties see surge of GDP growth, business formation

Hillsborough, Lee, Pinellas and Sarasota counties are among the state's top 10 in terms of economic activity.

  • News
    By
  • Louis Llovio
  • May 6, 2022
Draken International laying off 247 — 100 locally — after losing military contract

The layoffs will affect the company's employees in Lakeland.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • May 6, 2022
St. Pete hospital celebrates opening of $152M patient tower

The Robins & Morton project added 143,000 square feet to St. Anthony’s campus.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • May 6, 2022
Dermatology practice opens third location in Venice

The new office will celebrate with a grand opening in June.

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • May 6, 2022
Pennsylvania company acquires local window, door installer

Twenty-eight StormFitters employees will join West Shore Home’s Tampa office.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 5, 2022
Sarasota man guilty of running $80M Ponzi scheme from Longboat Key firm

57-year-old Michael J. DaCorta convicted by jury of conspiracy to commit wire fraud and mail fraud and money laundering

  • Manatee-Sarasota
    By
  • Business Observer Staff
  • May 5, 2022
Boutique clothing store to open in South Tampa shopping center

Rag & Bone will join dozens of other trendy shops in Hyde Park Village.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • May 5, 2022
Retirement community names new CEO after 18 years

Jeff Weatherhead will step into the position in late June.

  • Manatee-Sarasota
    By
  • Brian Hartz
  • May 5, 2022
Restaurant holding company names new chief people and culture officer

Jean Boland returns to WOWorks, the St. Petersburg firm that owns brands including Saladworks, Frutta Bowls and The Simple Greek.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • May 5, 2022
Hertz woos Ford executive who focuses on high-tech mobility

Ned Ryan now has C-suite level post at the Estero-based rental car company.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • May 4, 2022
Cost of Allegiant's Charlotte Harbor resort jumps again, now topping $600 million

Allegiant Travel Co. reports cost of massive resort development has risen again, now $100 million more than originally projected.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • May 4, 2022
Investor raises stakes by buying neighboring St. Pete shopping center, total investment tops $10M

Tennessee investment firm Millan Holdings has purchased Bayview Plaza, reuniting the center and doubling its stake in the city.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • May 4, 2022
Investor buys two Clearwater hotels, transforming them into apartments

A joint venture between Miami investment and Mexico City private equity firms has bought two properties near airport.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • May 4, 2022
Sarasota angel firm invests in a new executive director

Kim Miele has already impacted the investment group with the addition of seven new member investors.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • May 4, 2022
Judge sides with resort in lawsuit brought by neighbors of Naples Beach Hotel & Golf Club

The judge has issued summary judgement against the couple, permanently banning them from accessing the property.

  • Charlotte–Lee–Collier
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