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Results for:

  • For Subscribers Only
  • By Business Observer Staff |
  • January 18, 2008
Gulf Coast Week

Superintendent vs. County: In a debate watched by construction and related industries, Hillsborough County's proposal to use money earmarked for school construction to build new roads is a bad idea and probably illegalOfficials fight tax cut: With early voting started and the primary election nearing, government officials are stepping up the campaign to defeat a constitutional amendment to cut property taxes.City denies condo extension: Another downtown Sarasota condo project has fallen on tough times, although this one, known as the Atrium on 1750 Ringling Blvd., is struggling long before the first brick was ever laid.Port lands big one: A South American shipping company has chosen Port Manatee, one of the largest deepwater seaports in Florida, as the location to expand its weekly Gulf of Mexico trips.Enviros raises $20 million: The Conservancy of Southwest Florida, an environmental group in Naples that works closely with developers, has raised $20 million and is seeking an additional $5 million in donations.Naples continue to drop: The Naples Area Board of Realtors recently reported 134 single-family homes sold in December, a 9% drop from the same month a year ago$1.4 million land consultant: Lee County commissioners approved paying Coral Gables-based Dover, Kohl & Partners $1.4 million to conduct a study of 83,000 acres in Southeast Lee County on which they recently placed a moratorium for new development.

  • Finance
  • For Subscribers Only
  • By Business Observer Staff |
  • January 26, 2008
Gulf Coast Week

Hillsborough pulls money: Hillsborough County pulled $167 million out of the State Board of Administration local government fund amid continued concerns about the fund's investments in the subprime mortgage market.St. Joseph's appeals: St. Joseph's Hospital is appealing last month's decision rejecting its bid to build a new hospital on Big Bend Road in Riverview, east of Tampa.Ikea motion fails: The bickering continues over a Tampa city councilwoman's threat to embarrass furniture store chain Ikea by posting a video on YouTube.Cortez development: Manatee County commissioners recently got their first look at a large-scale condo and mixed-use project proposed for 350 acres of farmland just northeast of the Cortez fishing village in Bradenton.Tomato fight brewing: Burger King is telling suppliers it may stop buying tomatoes from Southwest Florida, according to a letter obtained by the Associated Press.Fishkind: No recession: Florida economist Hank Fishkind says strong exports, decent job growth and continued consumer spending will keep any recession at bay this year.More affordable delays: Sarasota developer Billy Springer is again tinkering with an affordable housing development project in eastern Sarasota County in order to please county government officials and a variety of local neighborhood groups.

  • Finance
  • For Subscribers Only
  • By Adam Hughes |
  • July 3, 2006
Immigration Quandary

Employers already face severe limits on hiring foreign workers in the United States. And attorneys warn that stronger enforcement of immigration laws is looming.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • September 13, 2005
Coffee Talk (Tampa)

Good news for Phelps Dunbar: At first glance, it looks like the New Orleans headquarters of 240-lawyer Phelps Dunbar LLP - one of the oldest continuously operating law firms in the South - escaped serious injury, as did the firm's employees.The politics of strange bedfellows: Tampa trial lawyer Tom Scarritt apparently endeared himself to colleagues during the first year of his two-year term on the Florida Ethics Commission. They elected him chairman a week or so ago.Weep not for insurers, yet: Insurance companies have only started totting up their losses from Hurricane Katrina along the Gulf Coast. Publicity hound: The publicist for Lexington Homes Inc. is letting local news media know that the New Port Richey homebuilder "is doing it again."Extreme competition: Get ready for extreme competition with help from Peter Fingar of the Greystone Group. Fingar will discuss the 21st century business reformation at a Sept. 14 breakfast that begins at 7:15 a.m. at the Collaborative Labs, EpiCenter, 13805 58th St., N., Largo. The event is part of the "Titans of Technology Business Series," sponsored by the Tampa Bay Technology Forum. For more information, call (813) 259-0345.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • September 23, 2005
Coffee Talk (Sara/Mana)

Still not coasting: There isn't a community bank in the Tampa Bay area that is moving faster than Coast Bank of Florida.CEO: Chico's will grow faster: The president and chief executive officer of Fort Myers-based Chico FAS Inc. says his company will double sales in the next three years.Bust or boom: Will Sarasota County's upward trek in real estate prices continue or is the bubble about to pop?Tuscano: large golf course community: Coffee Talk reported last week that Jacksonville developer Stokes & Co. LLC, used the corporate identity of Tuscano LLC, to purchase 2,398.5 acres in North Port's Thomas Ranch, but officials weren't talking.Lee County's top 10 zoning zones: Tony Palermo agrees he's no David Letterman, but that doesn't mean the senior planner with Lee County's department of community development can't come up with his own top-10 list. Palermo compiled a list of the top areas in Lee County for zoning cases so far this year through Aug. 31, which include but are not limited to rezoning and variance requests.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • October 7, 2005
Coffee Talk (Sara/Mana)

Saunders donates $100,00O to USF's Sarasota-Manatee campus: Michael Saunders, the head of the well-known Sarasota-based real estate firm that bears her name, is donating $100,000 to the University of South Florida's Sarasota-Manatee campus.First Watch continues aggressive growth: First Watch Restaurants Inc. has beefed up its management team with three newly created positions in an effort to support its aggressive growth strategy.Sanibel resorts for sale in a "seller's market": Meristar Hospitality Corp., a publicly traded real estate investment trust in Northern Virginia, has five properties for sale on Sanibel Island in Lee County.Confusion from our bank rankings: Well, we know the bankers are reading our annual banking edition. We heard from them.

  • News
  • For Subscribers Only
  • By Business Observer Staff |
  • March 19, 2004
Up or Down Hill

A leading earnings researcher tells local analysts that the U.S. economy isn't out of the woods yet.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • January 6, 2006
Stand Up Guy

Northern Trust economist Robert G. Dederick uses humor to make his predictions about 2006.

  • Entrepreneurs
  • For Subscribers Only
  • By Adam Hughes |
  • January 6, 2006
Coffee Talk

Chico's picks headquarters builder: One of the Gulf Coast's construction prizes - Chico FAS Inc.'s new corporate campus in Fort Myers – was quietly awarded last month to Owen-Ames-Kimball Company, a Lee County builder.Persistent growth at Persystent: Ray Weadock, founder and chief executive officer of Tampa's Persystent Technology Corp., is bullish on 2006 when it comes to the technology sector.CEOs take on another role: Dean Akers, CEO of Tampa-based laser hair removal chain Ideal Image Inc., recently became chairman of the CEO Council of Tampa Bay Inc.A fork in the curve: Pinellas Park-based bank analyst Richard X. Bove celebrated the arrival of 2006 by questioning conventional wisdom.Amending the amendment?: Physicians and insurance companies pushed an amendment to the Florida Constitution limiting contingency fees for attorneys in medical malpractice cases as a way to reduce new cases and drive down legal costs.What's up with the economy?: George Bernstein, a senior portfolio manager with Bernstein Research and Management, will discuss Florida's economy, with an emphasis on the Tampa Bay area, at a Jan. 18 event at the Hyatt Regency Tampa.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • July 22, 2005
Coffee Talk (Tampa)

No crisis yet: Richard X. Bove has weighed in on the much-debated housing bubble.Attention: Medical malpractice attorneys: Almost 15% of Florida physicians who answered recent queries from regulators could not provide state-required proof that they can pay a medical malpractice claim.Clearwater bar loses oldest past president: In 1951, Harry Truman was the U.S. president and Winston Churchill was British prime minister. That same year Howard P. Rives became president of the Clearwater Bar Association.Joining big lobby: A Sarasota bank executive is taking a more active role in advocating for his industry.More important than money?: Sarasota Business Center is pushing a summer special that's a little different from the typical real estate promotion.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • July 22, 2005
Coffee Talk (Sara/Mana)

More important than money?: Sarasota Business Center is pushing a summer special that's just a little different from the typical real estate promotion.Arena alive?: Ever since a construction stoppage earlier this year killed the possibility of the Lakewood Ranch hockey arena opening for the 2005 hockey season, rumors have circulated that the project was dead.L-3 gifts $100,000 to USF: L-3 Communications Aviation Recorders has contributed $100,000 to the University of South Florida Sarasota-Manatee for the Crosley Campus Center scheduled to open in fall 2006.Attention: Medical malpractice attorneys: Almost 15% of Florida physicians who answered recent queries from regulators could not provide state-required proof that they can pay a medical malpractice claim.No housing crisis yet: Richard Bove has weighed in on the much-debated housing bubble.Joining big lobby: A Sarasota bank executive is taking a more active role in advocating for his industry.

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • August 5, 2005
Coffee Talk (Tampa)

Bank holds out for nice price: It was not six months ago that Glen W. Fausset, president of 1st National Bank & Trust, was stamping out speculation that the 19-year-old Bradenton bank would be sold.Well represented: It appears the local real estate industry, for the most part, applauds the recent appointment of Pinellas County Commissioner Bob Stewart to the Florida Impact Fee Review Task Force. McEwen gets official OK: As expected, Catherine Peek McEwen has received the official approval of the U.S. Court of Appeals for the 11th Circuit to become Tampa's next bankruptcy judge.All's well?: Talking about Tampa bankruptcy court: It might be one of the busiest in the nation, but business has been slowing down there over the past couple years.New bank on schedule: The first bank based in south Hillsborough County in almost a decade is on track to begin business next month.'Real-Time Enterprise': Are you ready for extreme competition as the "great 21st century business reformation" takes place? Look no further than the "Titans of Technology."

  • News
  • For Subscribers Only
  • By Adam Hughes |
  • February 20, 2006
Walsh: Walgreen Way: Dan Jorndts' Roadmap for CEOs

The retired chairman and CEO wowed his audience with straight talk on what it takes to be a successful CEO.

  • Opinion
  • 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
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 |
  • 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
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