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By Elizabeth King |
August 27, 2025

Cape Coral casino crackdown nets $540K, police say

Police raided six Cape Coral casinos that authorities say were "havens for illegal activity."

Charlotte–Lee–Collier

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By Amanda Postma |
March 27, 2023

Shuttered Sarasota landmark restaurant sold for nearly $3 million

Benderson Development plans to "reimagine" the property.

Manatee-Sarasota

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By Business Observer Staff |
January 18, 2023

Area airport reports record year with 3.87M passengers

The Sarasota-Bradenton International Airport is on track to hit 7 million passengers around 2025 when the expansion project is slated to be complete.

Manatee-Sarasota

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By Business Observer Staff |
August 25, 2010

Exporting ranks low but can improve

The Gulf Coast's port cities ranked near the bottom of Brookings Institute rankings released earlier this summer for exports measured against the metropolitan economy.

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By Business Observer Staff |
May 3, 2013

Commercial brokers seek sky-high offers

Two of the more notable downtown office towers on the Gulf Coast remain without a name on top.

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By Business Observer Staff |
July 25, 2012

Construction company embraces its new normal

Even back in the boom, when Sarasota-based Southern Cross Contracting had construction work all over town, the firm's niche was projects outside the norm.

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By Business Observer Staff |
March 5, 2021

Former Checkers CEO takes helm of another fast-food chain

Rick Silva was CEO of Checkers & Rally's Restaurants for 13 years.

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By Business Observer Staff |
September 6, 2019

Spinoff zone: McKibbon Hospitality creates a new company

Tampa, Florida-based hotel management firm McKibbon Hospitality has launched a spinoff company, McKibbon Places, that will be headquartered in Atlanta and specialize in third-party hotel development and renovation services.

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By Kevin McQuaid |
February 1, 2019

Fawcett Memorial buys land for Estero hospital

Fawcett Memorial Hospital has purchased nearly 100 acres in Estero for $52.5 million for a new hospital in Lee County, after the state granted parent company HCA Healthcare permission to build one last year.

Commercial Real Estate

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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.

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By Jean Gruss |
January 1, 2016

Beach renourishment

Developer Tom Torgerson has an ambitious plan to redevelop downtown Fort Myers Beach, which includes building a complex of four beachfront hotels, shopping and dining.

Industries

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By Louis Llovio |
January 15, 2025

Fort Myers flood insurance costs to drop by 20%

The city’s FEMA rating has improved to a Class 6, which means residents will see big discounts starting in October.

Charlotte–Lee–Collier

By Anastasia Dawson |
March 6, 2026

AdventHealth nearing completion of Pasco medical office building

The new 35,000-square-foot facility is expected to open to the public this fall.

Tampa Bay-Lakeland

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By Louis Llovio |
August 26, 2022

Mayor issues RFP for Tropicana Field site, requires acreage set aside for new Rays stadium

Not long after killing a proposal for a Tropicana Field redevelopment plan, Mayor Ken Welch asks for proposals that also include housing affordability and rights wrongs.

Tampa Bay-Lakeland

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By Business Observer Staff |
June 25, 2007

Beyond the Bay

Bayshore Solutions, the Tampa-based web development firm, is now in Dallas, Atlanta and Fort Lauderdale thanks to a track record of helping clients grow revenues through the web.

Entrepreneurs

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By Business Observer Staff |
September 18, 2008

Duel on the Economy

McCain calls Wall Street reckless while Obama attacks McCain.

Entrepreneurs

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By Business Observer Staff |
August 3, 2009

Florida: Tax oasis or wasteland?

The old saw that statistics can be bent to prove any point of view rings especially true when it comes to economic rankings of states. Florida is no exception.

News

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By Business Observer Staff |
November 12, 2018

Developer unveils plans for new waterfront restaurant

Salt Shack on the Bay, a new waterfront bar and grill, is set to open for business in early spring 2019 in south Tampa, Florida.

Tampa Bay-Lakeland

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By Business Observer Staff |
November 10, 2014

Builders complete $38 million housing project

Construction firms recently completed a $38.3 million renovation of two former public-housing projects in Fort Myers.

Charlotte–Lee–Collier

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By Business Observer Staff |
February 20, 2015

Sarasota-Bradenton new homes pace slows down

Metrostudy report also reveals gap between price points.

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Results for:

Cape Coral casino crackdown nets $540K, police say

Shuttered Sarasota landmark restaurant sold for nearly $3 million

Area airport reports record year with 3.87M passengers

Exporting ranks low but can improve

Commercial brokers seek sky-high offers

Construction company embraces its new normal

Former Checkers CEO takes helm of another fast-food chain

Spinoff zone: McKibbon Hospitality creates a new company

Fawcett Memorial buys land for Estero hospital

Business jet manufacturer shows off planes with demo flight

Beach renourishment

Fort Myers flood insurance costs to drop by 20%

AdventHealth nearing completion of Pasco medical office building

Mayor issues RFP for Tropicana Field site, requires acreage set aside for new Rays stadium

Beyond the Bay

Duel on the Economy

Florida: Tax oasis or wasteland?

Developer unveils plans for new waterfront restaurant

Builders complete $38 million housing project

Sarasota-Bradenton new homes pace slows down

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