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Industries

  • By Business Observer Staff
  • April 4, 2008
Gulf Cost Week

Poe officials face lawsuit: Florida insurance and financial regulators are suing several members of the Poe familyPols still getting money: Some things never change in politics, such as politicians.More development delays: The weight of the slumping housing market has recently forced several developers of residential real estate projects in and around downtown Bradenton to scale back or completely postpone the projects.Arena sale close: After several years of starts and stops, the foreclosure sale process of a partially built hockey arena in Lakewood Ranch could finally be on the verge of happening.Lee permits continue slide: Permits for residential and commercial construction continued to fall at a steep pace in March, according to figures from the Lee County Community Development Department.Collier's foreign buyers: Home sales to non-U.S. buyers in Collier County rose in January and February by 67% and 43%

  • Finance
  • By Business Observer Staff
  • April 4, 2008
Legendary builder

Arthur Rutenberg, 80, has been through numerous homebuilding cycles in Florida and he thinks we're close to the bottom of this one. There are opportunities for well-financed builders to acquire lots for less money.

  • Entrepreneurs
  • By Business Observer Staff
  • April 4, 2008
Commercial Real Estate Briefs

LifeLink Foundation Inc. develops Crosstown officesExcelsior LaSalle fund buys Lutz apartmentSterling University Housing redevelops University PointeIHOP franchise holderconverts Venice DurangoRe/Max Alliance Group named state's topNY message therapistbuys small Cortez centerFort Myers fund buys Coral Lakes homesDeveloper Deltona Corp.buys 112 Cape Coral lotsJohn Bowman Inc. buys flex building

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • April 4, 2008
Corporate Report

Obee's board backs stock reverse splitStinger says study shows S-200's saferGulfview Automotive Group opens Tarpon Springs locationSyniverse Technologies debuts payment systemTampa Electric issues RFP, seeks power alternativesUtek helps Artilium buy location technologyTreviso Bay developer hires club managerTech Data exclusive with Parallels

  • Industries
  • By Business Observer Staff
  • March 29, 2008
Corporate Report

PGT, ASI create joint ventureArmorit distributes zero-emission vehiclesEyeglass-maker Neostyleputs distribution to BradentonGeneral Dynamics Ordnance wins $109 million in contractsOdyssey Marine boat upgrades new Zeus

  • Industries
  • By Business Observer Staff
  • March 29, 2008
Show me the Mooney

Meridian Construction & Development is a small construction company that is nimble and agile.That's critical in an industry that's being buffeted by economic headwinds.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
Osprey Optimism

A large commercial development project on the Gulf Coast - the first phase, anyway - is actually close to completion. Could more good news follow?

  • Manatee-Sarasota
  • By Business Observer Staff
  • March 29, 2008
A Second Act

The multi-level marketing, mail-order vitamin business doesn't have the most stellar reputation. But for one desperate, riches-to rags entrepreneurial couple, it was the million-dollar answer.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
In the Loop

Developer John Madden pioneered a Denver suburb and transformed it into a high-tech hub for major corporations. Now he's planning a major technology park in Southwest Florida.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
Ringling Raves

Ringling College breaks ground on two buildings and is raising $70 million for more construction and growth. Meanwhile, it's reputation has already gone global and Business Week ranks it one of the tops in the world.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
Fresh Eats

Honduras native Chris Andino didn't even speak English until he was 18. Today he runs one of the fastest growing Subway franchises on the Gulf Coast.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
One Eye on Markets

The near collapse of Bear Stearns has made some commercial real estate sales more difficult and has the industry on guard for similar news.

  • Entrepreneurs
  • By Business Observer Staff
  • March 29, 2008
Commercial Real Estate Briefs

Saudi Sheik, Boca investor buy 44 acresPreshers Tool & Fastener grows, adds warehouseMartinez family buys Del Prado centerThree doctors buy units in Vanderbilt Beach buildingOrion buys land, plans Venice galleria branchAirport Hampton Inn to start in MayHome health care firmbuys South Trail buildingMetro, D.E. Shaw buy part of Epperson RanchTA Associates fundbuys Reo BuildingNorthgate Lincoln-Mercury buys Tampa dealership siteRoyal Yacht Club sold, named Beso Del Sol Resort

  • Charlotte–Lee–Collier
  • By Business Observer Staff
  • March 29, 2008
Gulf Coast Week

Cone sentenced to prison: The owner of a Tampa construction company has been sentenced to five years in prison and five years probationMoffitt growth may hit snag: The H. Lee Moffitt Cancer Center & Research Institute's $400 million expansion plan in Tampa has run into yet more troubleBallfield plans lack financials: Three proposals to redevelop Tropicana Field in St. Petersburg posed more questions than answersMassive mall progresses: A massive mega-shopping mall project in northern Sarasota County, to be built by Sarasota-based Benderson Development, is one step closer to beginning constructionLWR city chatter heats up: Lakewood Ranch, one of the largest master planned communities on the Gulf Coast, is exploring the possibility of becoming an incorporated cityCollier targets job retention: Faced with rising unemployment and companies moving out of the area, Collier County commissioners are offering to pay qualifying companies $1,000 per existing job if they stay put and promise to hire more people.Discount carriers dominate: Three discount carriers were among the top five passenger airlines flying to Southwest Florida International Airport in Fort Myers

  • Finance
  • By Business Observer Staff
  • March 21, 2008
Gulf Coast Week

New Job Corps opens: A groundbreaking ceremony was held recently for the new $40 million Pinellas County Job Corps Center in St. Petersburg.Urban boundary compromise: A potentially contentious and expensive battle over future growth in Sarasota County east of Interstate 75 could be on the verge of being avertedManatee fee increases: Permit fees for new homes being built in Manatee County will be going up about 61% starting March 31Lee declines to lower taxes: Lee County commissioners recently decided they would not roll back taxes on new construction, also known as "impact fees."Affordable-housing plan fails: Lee County commissioners have abandoned plans to impose fees on commercial construction to pay for affordable housingNaples' 'cheap' home sales: Sales of single-family existing homes priced below $300,000 surged 67% in the Naples area, a real estate group reported.Tax reform goes to voters: Florida voters will likely have a chance to vote on one of the biggest property tax cuts ever in the state this November, the result of an amendment proposed by a state commission studying tax issues.

  • Finance
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