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News

    By
  • Business Observer Staff
  • February 22, 2019
Airport off to a flying start

January passenger count at Southwest Florida International Airport up 8.7% over January 2018.

  • Charlotte–Lee–Collier
    By
  • Business Observer Staff
  • February 22, 2019
Architects agree: Market remains primed for growth

A survey of architects and architecture firm principals that’s viewed as a bellwether for economic development prospects indicates that the Tampa Bay, Florida, region will continue to enjoy a high level of real estate construction activity well into 2020

  • News
    By
  • Business Observer Staff
  • February 22, 2019
Go your own way: Bank takes different approach to branch-building strategy

The Bank of Tampa, based in Tampa, Florida, defies conventional wisdom by opening a vastly bigger banking and back-office support center on the site of an existing branch.

  • News
    By
  • Brian Hartz
  • February 22, 2019
Master class: Restoration firm takes big step up with new property

With the help of a $2.5 million loan from American Momentum Bank, Master Restoration — a 10-year-old Clearwater, Florida, firm that helps residential and commercial property owners across Florida and the Southeast recover from fires, floods, hurricanes an

  • Tampa Bay-Lakeland
    By
  • Brian Hartz
  • February 22, 2019
Package deal: Long-vacant former post office given new lease on life

In December, Plant City, Florida, officials finalized the city's acquisition of the former downtown post office, a building on the prime corner of Reynolds and Wheeler streets that sat vacant and dilapidated for more than a decade.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 22, 2019
Epoch developer says Sarasota condo tower will be epic project

Seaward Development says its planned 23-unit Epoch luxury condo tower in downtown Sarasota will embody all of the attitudes toward quality the company has been focused on.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 22, 2019
Casto Southeast Realty begins work on Center Point in Lakewood Ranch anchored by medical office building

Casto Southeast Realty is kicking off its Center Point development on 50 acres in Lakewood Ranch with a 73,500 -square-foot medical office building, which will be joined in a later phase by retail shops and a hotel.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 22, 2019
Starwood Capital buys trio of Marriott hotels

Starwood Capital has invested $79 million to acquire a trio of Marriott-branded, extended stay hotels near major airports in Tampa and Fort Myers from an Atlanta company.

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 22, 2019
Tampa firm buys Lakeland apartments

A Tampa firm has set a Polk County pricing record for multifamily with a $50 million purchase of the Victoria Landing apartments, in Lakeland

  • Commercial Real Estate
    By
  • Kevin McQuaid
  • February 22, 2019
Summit Splashes into St. Petersburg

Summit Real Estate has purchased five buildings in two St. Petersburg business parks in a bid to expand its investment footprint to Florida.

  • Commercial Real Estate
    By
  • Business Observer Staff
  • February 22, 2019
Barbatella becomes a Naples football recruiting tool

Clemson football coach Dabo Swinney raves about Naples High School recruit Chez Mellus — and his father’s restaurant.

  • News
    By
  • Business Observer Staff
  • February 22, 2019
Business jet manufacturer shows off planes with demo flight

Business jet manufacturer Embraer shows off its Phenom-enal line of planes with demo flight, reception at Naples Airport.

  • News
    By
  • Business Observer Staff
  • February 21, 2019
Mayor who allegedly shot at deputies to be investigated for fraud

Dale Massad was arrested on charges of practicing medicine without a license.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 21, 2019
Digital marketing firm emerges from bankruptcy, names new executive

Catalina, a St. Petersburg, Florida-based digital marketing and advertising firm, has successfully emerged from Chapter 11 bankruptcy proceedings.

  • Tampa Bay-Lakeland
    By
  • Business Observer Staff
  • February 21, 2019
Small bank adds big service

Sanibel Captiva Community Bank offers mobile wallet for personal and business customers.

  • Charlotte–Lee–Collier
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