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Results for:

  • For Subscribers Only
  • By Adam Hughes |
  • March 2, 2006
Building Blocks

From Naples to Tampa, the buzzwords in construction include affordable housing and labor costs. And then there is the well known potential bubble burst of the once booming housing market. An industry insider weighs in.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • March 10, 2006
Real Estate Briefs

Crossgate, EndVision buy into mixed-use projectVengroff, partners buy Gardenwood ApartmentsInvestor buys farm land, expects to flipBoca Raton homebuilder buys land for 900 homes in EsteroNaples company buys Fort Myers motelFamily trust invests in Fort Myers warehouses

  • Manatee-Sarasota
  • For Subscribers Only
  • By Adam Hughes |
  • April 7, 2006
Right Time, Right Place

Southern Comfort Heating & Cooling is aiming to be the 'Lexus of the industry.' CEO Rick Allard says his firm is heading into the perfect storm for growth.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • April 21, 2006
Hungry for Growth

The second largest public real estate brokerage in Florida fills holes in its market coverage by buying a firm in two Gulf Coast counties. It looks to get bigger by acquisitions and agents.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • April 21, 2006
Comfortable, Not Stuffy

A private banking operation new to the Gulf Coast goes after an exclusive clientele. Tampa and Sarasota are first on the list; Naples could be next.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • June 9, 2006
Corporate Report

Look at business briefs from Gulf Coast companies for free.

  • Industries
  • For Subscribers Only
  • By Adam Hughes |
  • June 9, 2006
Corn Dogged

Former Monsanto scientist Bradley M. Krohn tries to beat the odds by introducing ethanol production to Florida.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • October 20, 2005
Coffee Talk (Tampa)

Nice investment: By our estimates, former Tampa Bay Buccaneer Donnie Abraham and his wife, Tunisia, profited handsomely from the recent sale of a home in Odessa's Lake Alice Estates.Witness to evil: As Saddam Hussein's trial started Wednesday, Greg Kehoe was in New York, far from Iraq. But the Tampa lawyer's mark must have been felt in the courtroom.Fifth Third on the Block?: Pity Southern Exchange Bank's customers in the Tampa Bay area. We mean First National Bank of Florida customers. Check that, they're Fifth Third Bank customers now.Early Grinch: Count Dave Anderson among those who think retailers aren't going to ring in the new year by ringing up many sales during the holidays.No major hiccups: Pinellas County Clerk of the Circuit Court Ken Burke says his first 10 months in office have gone smoothly and he expects customer service to continue to improve.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • November 26, 2005
Coffee Talk (Tampa)

High-tech inches up: The Tampa Bay area's technology sector grew by 8% between 2003 and 2005, according to the Tampa Bay Partnership.Downtown showdown: The Tiger Bay Club of Tampa took a break from politics at its Nov. 18 luncheon. Or did it?When is a loan lost?: Pinellas Park banking analyst Richard X. Bove is out with another of his so-called banking manifestos.Everybody and their uncle facing suits: The second annual Litigation Trends Survey, produced by the international law firm Fulbright & Jaworski LLP, doesn't paint a pretty picture of U.S. corporations and, in particular, real estate businesses.Another reason for litigation: A Washington, D.C., investment bank that has engineered the sale of several Florida banks this year says low interest rates and easy credit terms aren't the only factors driving up housing prices.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • November 26, 2005
Coffee Talk (Sara/Mana)

Babcock deal an 'opportunity' for Morgan Stanley: It's pretty clear now the Morgan Stanley real estate funds that are backing the purchase of Florida Babcock Co. with West Palm Beach developer Syd Kitson are called "opportunity funds" for a good reason.South Trail less Friendly: Joe Sandor, Joe Camera and Carmine and Fred D'Ariano, Sarasota-Manatee counties' Friendly's restaurant franchisees, have closed their centrl Sarasota restaurant at 6606 S. Tamiami Trail.Sarbox bash at FGCU: The acronyms flew at the annual W. Thomas Howard lecture sponsored by Florida Gulf Coast University's business school in Fort Myers recently.Sorry, the lot doesn't go with the building: Buy a building and get that lot for free is what a number of real estate investors initially thought when they went to see the former Badcock Home Furnishings building at 1570 Boulevard Of The Arts in Sarasota.Everybody and his uncle facing suits: The second annual Litigation Trends Survey of corporate general counsel produced by the international law firm of Fulbright & Jaworski LLP doesn't paint a pretty picture of U.S. corporations and in particular the real estate business.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • November 26, 2005
Real Estate Briefs (Lee/Collier)

Prestige Builders Plans Naples Condo ConversionBoston developer buys land in EsteroSarasota investor banks land for homebuilderDeveloper plans Naples office buildingNaples developer plansresidential subdivision

  • Charlotte–Lee–Collier
  • For Subscribers Only
  • By Adam Hughes |
  • May 9, 2005
Coffee Talk (Sarasota)

Developer Kelly talks trade-offs: Is 18 stories tall enough?Another restaurant Outback: Dr. Mark Kauffman and two undisclosed partners have bought out one of the owners of the Fleming's building, at 2001 Siesta Drive, Sarasota.Raw fish equals 'smell-free' PR: If the Hillview Grill has been getting more business traffic lately, its owners know exactly who to blame.Top Entrepreneurs: If you've had trouble making telephone reservations for the Review's 2005 Entrepreneur Award luncheon to be held May 20 at the Hyatt, Sarasota, 1000 Boulevard of the Arts, we apologize. The telephone number previously published was inaccurate. The correct number is (941) 308-0714.In addition, a list of entrepreneur nominees in the Review's April 29-May 5, 2005 edition should have indicated percentage change from 2002-2004 rather than revenue growth rate.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • June 17, 2005
Coffee Talk (Tampa)

Fifth Third is fourth...: ...In terms of deposits among banks doing business in Michigan, and local bank analyst Richard X. Bove says that's bound to catch up with Fifth Third Bancorp.Rock on: Speaking of cultural creatives, the Tampa Bay Technology Forum is tuning up for its fourth annual Tampa Bay Tech Jam.This ain't L.A.: Creative Tampa Bay, a 2-year-old group promoting tolerance as a means to grow the local economy, has gotten another reminder that it has a lot of work to do.It's who you know: Relationships go a long way in the banking and real estate industries, and JMC Communities, one of the Tampa Bay area's top buildings of luxury condominiums, proves that's true.Paris for president: It looks like Clinton Paris did such a good job as president of the George Edgecomb Bar Association this past year he was re-elected to second term.Rolex goes after counterfeiters: Rolex Watch USA Inc. has sued two Pinellas County residents, accusing them of selling fake Rolex watches on the Internet.Less farmland: Agricultural acreage in Hillsborough County has dwindled in the past decade, but farming still creates 20,122 jobs locally and annual sales of $667 million, officials say.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • April 8, 2005
Coffee Talk (Sara/Mana)

Rodriguez's encore: Sarasota developer Henry Rodriguez is expected to unveil his next real estate project in the next several weeks.We're No. 1: Does the Tampa Bay area have more white-collar crooks than anywhere else in Florida?Hooter en Espanol: Sarasota-based Nuevo Advertising Group and Provident Advertising and Marketing are designing a Hispanic marketing plan for the restaurant chain Original Hooters, which operates 16 Hooters locations.Kolter weighs options: After acquiring the three-acre former Metropolitan property at U.S. 41 and Gulf Stream Avenue in downtown Sarasota, Toronto-based Kolter Property Co. appears to be taking its time digesting its new purchase.Restaurateur buys Fumble In: Miles and Mindy Millwee, owners of Hillview Grill and Madfish Grill restaurants, purchased the Bradenton icon Fumble In Sports Pub & Grill, 2505 Manatee Ave. E., Bradenton, for $990,000.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • April 15, 2005
Coffee Talk (Tampa)

Best laid plans: Only 100 days into her first term in office, Hillsborough Clerk of the Court Pat Frank has lost a key member of her senior management team.Business support: Judges in the Hillsborough and Pinellas-Pasco courts have an unlikely ally: Associated Industries of Florida. A little late for taxpayers: Local news media this week marked the first anniversary of a span collapse at a Lee Roy Selmon Crosstown Expressway construction project by tallying the costly aftermath.DeLay reaction: After the Terri Schiavo tragedy, Tampa solo practitioner Herbert M. Berkowitz has one question:Why didn't one of the many judges to rule in the case sanction U.S. House Majority Leader Tom DeLay, R-Texas?New beginnings: After five years, Phil Wolff has split from Sarasota's Levin Tannenbaum Wolff Band Gates & Pugh PL.

  • News
  • For Subscribers Only
  • By Business Observer Staff |
  • July 10, 2008
Walsh Review and Comment

Schools tax is insidious, stealth tax that must go

  • Opinion
  • For Subscribers Only
  • By Business Observer Staff |
  • July 14, 2008
Gulf Coast Week

Temple Terrace town centerTemple Terrace has been planning a town center renewal since 2001.Westshore property soldPro-Ject International has sold its seven-acre property at Laurel and O'Brien streets in Tampa's Westshore business district for $8.2 million to Flagler Development Group of Coral Gables.Seltzer's, Cork struggleTampa-based Sam Seltzer's Steakhouses of America Inc. has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code.Tax hike delayedSarasota city officials have scheduled a meeting for later this summer to hear from developers and business owners concerned about a proposed 11% increase in the city's building and construction tax, also known as impact fees.Campaign hits milestoneSarasota Tomorrow, the pro-business program run by the Greater Sarasota Chamber of Commerce, has reached $2.5 million in donations - $500,000 more than its initial fundraising goal set last year.LWR city chatter progressesAdvocates of the concept of turning Lakewood Ranch into an incorporated city have come up with $35,000 to pay for a feasibility study on the issue.Downtown parking garageConstruction is scheduled to start this summer on the construction of a multi-story parking garage in downtown Fort Myers, bringing much-needed relief for workers and visitors to the Lee County Justice Center.Page Field expansionThe Federal Aviation Administration awarded $6.1 to the Lee County Port A

  • Finance
  • For Subscribers Only
  • By Business Observer Staff |
  • September 11, 2008
Gulf Coast Week

Judges to rule on mayor issueThe consolidation of power in Hillsborough County government through an elected county mayor is now going to a three-judge panel.Historic school demolishedAmid protests from preservationists, workers demolished the historic Gary Adult High School in Ybor City, which may make way for a sports complex, the property owner says.Bilirakis' biometrics billU.S. Rep. Gus Bilirakis, the first-term Republican representing the Tampa Bay Area's Ninth Congressional District of Florida, has sponsored a bill to require the government to use more biometrics.Budget deficit loomsFor the first time in a decade, Sarasota County might be operating under a budget deficit.Food distributor finedThe Palmetto-based branch of Sysco Food services, one of the largest food and beverage distributors on the Gulf Coast, has entered into an agreement with the state Attorney General's office regarding allegations that it sold fish labeled as grouper that was actually other varieties and species.Tourism numbers declineThe estimated number of visitors to Lee County declined 6.7% in July to 443,166 compared with the same month a year ago, according to figures compiled by Davidson Peterson Associates for the Lee County Visitor and Convention Bureau.Whole Foods at MercatoWhole Foods Market, the natural and organic food supermarket, opened its first store in Southwest Florida in Naples.Tourism tax increaseManatee

  • Finance
  • For Subscribers Only
  • By Business Observer Staff |
  • September 25, 2008
Gulf Coast Week

Hyde Park Village changingEight tenants at Tampa's Old Hyde Park Village urban shopping center got notices to vacate or move to smaller spaces as the upscale retail center looks for ways to boost revenue amid a changing retail environment locally and nationally.Universal Health Care movesUniversal Health Care Group signed a lease as the first major tenant to move into 100 Bay Central in downtown St. Petersburg, the former domed corporate headquarters building of Progress Energy.Building departments mergeThe cities of Venice and North Port in Sarasota County have teamed up with Charlotte County to form a joint building department.Mining development deniedEven though Manatee County commissioners finally voted on a mining proposal for a 1,500-acre tract in northeast Manatee County, the issue is not closed. Lee comp plan changesLee County commissioners are debating 20 changes to the county's comprehensive land-use plan in a series of meetings, some of them more controversial than others.Long live CollierMagazines love lists.Fort Myers raises taxesThe Fort Myers City Council recently approved a 15% increase in the property tax millage rate that will result in a 12% increase in tax revenues, taking into account a 2.7% drop in property values.Tampa Ritz-Carlton deadTampa's chance to land a Ritz-Carlton hotel on the Courtney Campbell Causeway, between Tampa and Clearwater, has ended.

  • Finance
  • For Subscribers Only
  • By Business Observer Staff |
  • October 2, 2008
Gulf Coast Week

Shells shuts downA one-time Gulf Coast institution that used to attract lines outside its locations that featured shelled peanuts, grouper sandwiches and wall paintings of local celebrities, Shells Seafood Restaurants Inc., is closing its doors.Two more for Chapter 11Bill Heard Chevrolet, a Plant City mainstay business for many years, recently closed days before mounting losses forced its parent company in Columbus, Ga. to file for protection from creditors in U.S. Bankruptcy Court.Yacht club project sailsThe Sarasota City Commission recently approved a $55 million yacht club and redevelopment project for an area just north of downtown Sarasota that promises to bring more than 100 jobs to the region, not to mention a jolt to the sagging local construction industry.Lee County manager clearedAn independent review of Lee County Manager Donald Stillwell found no evidence that he lied to county commissioners about his ownership in land whose value could be affected by their decisions.Airport traffic down 8%Southwest Florida International Airport saw an 8% decline in passenger traffic in August compared with the same month a year ago. Nearly 449,000 passengers traveled through the Fort Myers airport.FGCU gets $600,000Florida Gulf Coast University in Fort Myers received a $600,000 gift from North Carolina-based banking company BB&T Corp. to establish the BB&T Distinguished Professorship in Free Enterprise at the Lutgert College

  • Finance
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