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By Business Observer Staff |
July 14, 2021

Italian company outbids competitor, buys local manufacturer for $4.8 billion

New Port Richey's Welbilt Inc. purchased by by Milan-based Ali Holding in all-cash deal valued at $4.8 billion.

Tampa Bay-Lakeland

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By Business Observer Staff |
March 31, 2021

Senior living community prepares $41 million redevelopment project

Improvements at Naples senior living community Vi at Bentley Village will begin later this and be completed in early 2023.

Charlotte–Lee–Collier

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By Business Observer Staff |
July 26, 2019

Fast-casual chain plans more restaurants in Florida

Nick Vojnovic of Little Greek Franchise Development says the state’s growth and tourist traffic spells an opportunity for high sales.

News

For Subscribers Only

By Business Observer Staff |
October 18, 2019

Manufacturer marks opening of product incubator, micro-factory

Venice-based PGT Innovations' new iLab is a two-building, 24,500-square-foot facility.

News

For Subscribers Only

By Business Observer Staff |
February 1, 2019

Labor short, materials tight in 2019

Hurricanes, fears of housing slowdowns may mean construction materials pinch for Florida builders. 

Construction-Development

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By Business Observer Staff |
October 25, 2013

Northwood Investors pays $149 million for Waldorf Astoria, Naples Grande

The Waldorf Astoria price equated to $296,400 per room.

Charlotte–Lee–Collier

For Subscribers Only

By Elizabeth King |
May 17, 2025

Developer seeks to build six-story hotel, apartments next to Michael's on East

The owner of the shopping center on U.S. 41 at Bahia Vista has submitted a site plan for the project.

Manatee-Sarasota

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By Mark Gordon |
May 13, 2024

Report: Sarasota industrial space vacancy rates reach 8-year high

The Sarasota and Fort Myers industrial space markets, long a rising star in commercial real estate, have begun to slide backward, according to a new report looking at 2024 first quarter data.

Manatee-Sarasota

For Subscribers Only

By Mark Gordon |
November 16, 2023

Former PepsiCo Australia CEO named top exec at Tampa water company

Robbert Rietbroek, whose career includes stints overseeing Quaker Foods North America and PepsiCo Australia and New Zealand, has been named CEO of Tampa-based Primo Water Corp.

Tampa Bay-Lakeland

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By Elizabeth King |
October 13, 2025

Barancik Foundation in Sarasota names new president and CEO

The new leader of the family foundation will assume his role in December.

Manatee-Sarasota

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By Louis Llovio |
December 3, 2025

'Distressed' Tampa office building sells for $40M in short sale

The sale price for 1 North Dale Mabry is $16 million less than what the previous owner paid for it in 2020.

Tampa Bay-Lakeland

By Louis Llovio |
February 10, 2026

Report: Affordable apartments in Tampa have increased 49% since 2020

A national study found that 3,711 affordable housing qualified apartments were built in metro Tampa between 2020 and 2024.

Tampa Bay-Lakeland

For Subscribers Only

By Anastasia Dawson |
December 20, 2025

New apartment building now leasing near Tampa's Water Street

The Residences at 801 East Whiting Street is now leasing its 104 apartments, a mix of long-term and short-term rentals.

Tampa Bay-Lakeland

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By Business Observer Staff |
January 4, 2008

Cover Update: Facing the Challenge

Michael McMullan is fond of reciting this mantra: "We like to make good loans." You can put extra emphasis on good as the president and chief executive officer of Bank of Florida Corp. steers the eight-year-old Naples-based bank holding company through a challenging state economy in 2008.

Entrepreneurs

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By Business Observer Staff |
May 5, 2021

Manufacturer opens new plant in region — and away from its longtime home

PGT Innovations plans to hire some 250 employees in Lee County.

Manatee-Sarasota

For Subscribers Only

By Kevin McQuaid |
April 10, 2020

Biotech firm leases 60,000 square feet in Manatee County

Akron Biotechnology of Boca Raton will use stand-alone building to increase its cryo-related gene therapy manufacturing capacity.

Commercial Real Estate

For Subscribers Only

By Alicia Ceccarelli |
July 28, 2017

Burgers to beers

A loss of a business partner and mentor caused a McDonald's franchisee to rethink his priorities. His new aim is to bring people together around beer.

Charlotte–Lee–Collier

For Subscribers Only

By Jean Gruss |
July 18, 2014

Web Printer

A printer makes a big push into the online world and scores a contract for a high profile economic development website to promote the Southwest Florida region.

Entrepreneurs

For Subscribers Only

By Mark Gordon |
June 3, 2016

Counter move

A warm embrace of technology catapulted a Sarasota-based manufacturing firm to big growth.

Strategies

For Subscribers Only

By Beth Luberecki |
June 10, 2022

2022 Innovator: Green Check Verified, Bonita Springs

Company delivers a dose of technology to the tricky side of banking in the marijuana industry.

Technology

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Results for:

Italian company outbids competitor, buys local manufacturer for $4.8 billion

Senior living community prepares $41 million redevelopment project

Fast-casual chain plans more restaurants in Florida

Manufacturer marks opening of product incubator, micro-factory

Labor short, materials tight in 2019

Northwood Investors pays $149 million for Waldorf Astoria, Naples Grande

Developer seeks to build six-story hotel, apartments next to Michael's on East

Report: Sarasota industrial space vacancy rates reach 8-year high

Former PepsiCo Australia CEO named top exec at Tampa water company

Barancik Foundation in Sarasota names new president and CEO

'Distressed' Tampa office building sells for $40M in short sale

Report: Affordable apartments in Tampa have increased 49% since 2020

New apartment building now leasing near Tampa's Water Street

Cover Update: Facing the Challenge

Manufacturer opens new plant in region — and away from its longtime home

Biotech firm leases 60,000 square feet in Manatee County

Burgers to beers

Web Printer

Counter move

2022 Innovator: Green Check Verified, Bonita Springs

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