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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2019
Retailer plans to shutter 250 stores

Fort Myers-based Chico’s FAS plans to close locations from its network in the next three years.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2019
Area CEO named to Gov. DeSantis advisory committee

Steven Herrig joins a group of 45 people on the economic advisory committee.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2019
Company's founding CEO plans retirement, successor named

Stellar Partners Inc. founder and CEO Susan Stackhouse has announced her retirement after leading the Tampa, Florida-based airport retailer for 30 years. Padraig Drennan will succeed her.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2019
Submit now for Business Observer's Top Contractors issue

The Business Observer is collecting submissions for its annual Top Contractors issue.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 14, 2019
Hospital opens new skilled nursing unit

Lee Health’s new 75-bed facility at Gulf Coast Medical Center brings the hospital system’s total of skilled nursing beds to 205.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 11, 2019
Fast-growing grocer plans more new stores for area

On the eve of the Jan. 16 grand opening its latest Tampa Bay area store, in Clearwater, Phoenix-based specialty grocer Sprouts Farmers Market has announced plans for new locations in Tampa and Seminole, Florida.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 11, 2019
New trust company granted charter

Sarasota Private Trust Co. is owned by several Sarasota families and New York Private Bank & Trust.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Kevin McQuaid
  • January 11, 2019
The Commercial Question

Experts say the Gulf Coast's commercial real estate markets should remain strong in 2019, despite gathering headwinds and softness in certain property sectors.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • January 11, 2019
Apollo buys Largo assisted living facility

Apollo Global Management of New York acquired several area assisted living facilities as part of a $428 million deal with HCP Inc.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • January 11, 2019
Virginia firm buys Clearwater apartments for $78 million

General Services Corp.'s purchase of the Grand Reserve at Palm Isle brings to 11 the number of multifamily rental properties the Virginia company now owns in Florida.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • January 11, 2019
Richman razes Ringling for new complex

The Richman Group, in the wake of demolishing the former Ringling Shopping Center, plans to build a new 222-unit apartment complex on a 10-acre site in downtown Sarasota.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Kevin McQuaid
  • January 11, 2019
Experts feeling cautious, but good, about commercial real estate outlook for 2019

Following a robust 2018, commercial real estate markets along the Gulf Coast are poised to be equally active in the year ahead.

  • Commercial Real Estate
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 11, 2019
Lead the way: Program seeks applicants who want to get ahead

The University of Tampa's Sykes College of Business TECO Energy Center for Leadership has begun to accept applications for its Modern Advances in Leadership certificate program.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 11, 2019
Ready to wear: Developer adopts high-tech bracelet for visitors to amenity

Metro Development Group awarded $10,000 to Ibrahim Allam, a recent University of Tampa, Florida, graduate who created an innovative piece of wearable technology for visitors at the Crystal Lagoons amenity at Epperson.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • January 11, 2019
Is Florida losing its headquarters mojo?

Florida took a less publicized, but still tough hit, in early December. That’s when the PGA of America announced plans to jettison its headquarters for the past 50 years, Palm Beach Gardens, for a new home in Frisco, Texas, outside Dallas.

  • News
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