Development

By Observer Staff
August 16, 2024

$800M Longboat Key resort welcomes locals for soft opening

The resort, which has been under construction for nearly three years, unveiled the awe-worthy features of the five-star property.

Manatee-Sarasota

By Elizabeth King
August 16, 2024

Sarasota window company declares bankruptcy, owes more than $1.2M

Sash & Sill owner Todd Hoch has filed Chapter 7 bankruptcy and been censured in Sarasota County.

Manatee-Sarasota

By Beth Luberecki
August 15, 2024

SWFL contractor expands services, nears $50M in revenue

The rapid expansion of Duane and Jennifer Lopez's contracting business is made easier with the firm's core hiring philosophy: It recruits people it knows "would run it like (they) would run it as owners."

Charlotte–Lee–Collier

By Louis Llovio
August 14, 2024

Polk County apartments get $69 million refinancing

The apartment community in Davenport was completed in 2022 and a second phase with more than 300 units is set to be complete later this year.

Tampa Bay-Lakeland

By Louis Llovio
August 13, 2024

Naples construction firm buys area remodeling business for $2M

The Henning Company in Naples has picked up Residential Maintenance Solutions and will merge it to create a new operation.

Charlotte–Lee–Collier

By Andrew Warfield
August 13, 2024

Project to turn Sarasota mall into apartments moves ahead

Benderson Development plans to redevelop the site, now called Crossings at Siesta Key, into a mixed-use town center.

Manatee-Sarasota

By Andrew Warfield
August 13, 2024

Fairgrounds operator seeks appreciation, less 'poking fun' from officials

The Sarasota County Fairgrounds operator calls the open space and civic buildings a community asset that runs "on its own dime."

Manatee-Sarasota

By Louis Llovio
August 11, 2024

Walmart shopping center in Brandon sells for $6.9 million

In the week's top commercial real estate news, matching Sarasota apartment buildings sell, a CRE firm closes a deal and wins a prize in Fort Myers, and an interesting Lakeland property is on the market.

Florida

By Louis Llovio
August 9, 2024

With the future secured, Rays make plans, prepare to break ground

The Tampa Bay Rays plan to move forward with the team's new stadium and the 86-acre redevelopment around it after years of trying to work out a deal that would keep the team in town for the long term.