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Development

  • By Louis Llovio
  • October 15, 2025
Rebuilding of historic Captiva Island property officially begins

The rebuilt Captiva Island Inn is being constructed with a focus on resiliency.

  • Charlotte–Lee–Collier
  • By Elizabeth King
  • October 13, 2025
46K-square-foot medical center to be built in Nokomis

Coastal Wellness Center will meet the demand for medical office space in the area, the developer says.

  • Manatee-Sarasota
  • By Mark Gordon
  • October 13, 2025
Behind-the-scenes look at the $6.8B Gas Plant proposal

An opportunistic and entrepreneurial group takes on a decades-old, confounding development challenge in an historic — and historically overlooked — swath of downtown St. Pete.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • October 12, 2025
Work is underway at Pasco County development with 2,100 residences

In the week's top commercial real estate news, a pair of lots are sold in Venice, a mall property is sold in Fort Myers, and a shopping center in Tampa is included in a major finance package.

  • Florida
  • By Anastasia Dawson
  • October 10, 2025
Survey: Traffic delays come from (some) unexpected issues

A new survey from Tampa-based Mobilization Funding reveals a perception gap between the public and construction professionals, and highlights how payment timing turns short setbacks into long delays.

  • Tampa Bay-Lakeland
  • By Elizabeth King
  • October 10, 2025
Sarasota apartment secures $204M in refinancing

The developer of Aster & Links estimates it will save millions of dollars after refinancing the project.

  • Manatee-Sarasota
  • By Anastasia Dawson
  • October 9, 2025
Builder to begin work on 877-home community in south Sarasota County

Homebuilder Taylor Morrison will hold a groundbreaking ceremony Oct. 10 for Esplanade at Wellen Park.

  • Manatee-Sarasota
  • By Business Observer Staff
  • October 9, 2025
Sarasota luxury bayfront condo tower opens sales office

Sales of the 70 luxury Mira Mar Residences, which start at $3.8 million, will fund the restoration of the historic Mira Mar building along South Palm Avenue.

  • Manatee-Sarasota
  • By Elizabeth King
  • October 8, 2025
$30M affordable housing project breaks ground in Manatee County

Cedar Cove is a project by Blue Sky Communities and CASL designed to help families emerging from homelessness.

  • Manatee-Sarasota
  • By Elizabeth King
  • October 8, 2025
Sarasota Memorial plans $82.5M rehab center at Venice hospital

The new pavilion at the Sarasota Memorial Hospital campus in Venice is expected to open in 2028.

  • Manatee-Sarasota
  • By Louis Llovio
  • October 3, 2025
Tech investor, developer propose $6.8B St. Pete redevelopment, including Tropicana field

A team led by Cathie Wood, founder and CEO of ARK Investment Management, and Casey Ellison, founder and CEO of Ellison Cos., wants to redevelop the Historic Gas Plant District.

  • Tampa Bay-Lakeland
  • By Anastasia Dawson
  • October 2, 2025
Stormwater relief project begins this month in south Tampa neighborhood

The city of Tampa is investing $6.9 million in stormwater improvements along South Manhattan Avenue, between West Vasconia Street to West Obsipo Street.

  • Tampa Bay-Lakeland
  • By Louis Llovio
  • October 1, 2025
$46M redevelopment of Fort Myers low-income community to begin this month

The project will replace the 14-structure Horizon Apartments on Summerlin Road with a new affordable housing complex with 230 units.

  • Charlotte–Lee–Collier
  • By Andrew Warfield
  • October 1, 2025
Construction begins for 208 affordable units near downtown Sarasota

Sarasota Housing Authority flips ceremonial dirt to mark construction of Lofts on Lemon II and Cypress Square II.

  • Manatee-Sarasota
  • By Elizabeth King
  • September 26, 2025
$108M high school renovation, expansion complete near Fort Myers

Planning and technology helped keep the Riverdale High School project on schedule despite hurricanes, according to Suffolk Construction Company.

  • Charlotte–Lee–Collier
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Latest News Business Observer

1
  • December 4, 2025
450-unit Nokomis apartment complex opens near Legacy Trail
2
  • December 4, 2025
Developer proposes Tampa's tallest building: 70 stories at $650 million
3
  • December 4, 2025
Airline adds flight from Fort Myers to upstate New York
4
  • December 4, 2025
50-year-old Tampa education-tech firm receives $350M investment
5
  • December 3, 2025
'Distressed' Tampa office building sells for $40M in short sale

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