Business Observer

Business Observer The leading provider of business and economic news on the Gulf Coast from Tampa Bay to Naples.
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The Business Observer is the weekly newspaper for business leaders on the Gulf Coast of Florida. Started in 1997 as the Gulf Coast Business Review, the Business Observer is the leading provider and most authoritative source of business and economic information affecting the Gulf Coast from Tampa Bay to Naples. It specializes in reporting on the region’s industry and economic trends; emerging compa

nies; corporate strategies; identifying and profiling the region’s up-and-coming entrepreneurs and top business leaders; and keeping its readers abreast of state, regional and local government actions affecting business and the economy.

The state of Florida has opened four “insurance villages” to help people dealing with damage from hurricanes.
10/18/2024

The state of Florida has opened four “insurance villages” to help people dealing with damage from hurricanes.

Focused exclusively on insurance-related issues, the sites are put together by the Florida Department of Financial Services.

A Babcock Ranch developer has sold the Bay Pines shopping center on U.S. Alternate 19.
10/18/2024

A Babcock Ranch developer has sold the Bay Pines shopping center on U.S. Alternate 19.

The center was the last piece of a three-property portfolio that belonged to Kitson & Partners.

Tampa attorney Taylor Sartor created an app to help youth in foster care learn about their rights while in placement.
10/17/2024

Tampa attorney Taylor Sartor created an app to help youth in foster care learn about their rights while in placement.

Taylor Sartor takes an innovative approach to helping young people in the foster care system know their rights.

Downtown Sarasota boutique hotel will get a new roof post-Milton.
10/17/2024

Downtown Sarasota boutique hotel will get a new roof post-Milton.

A local roofing company stepped in to preserve The Reserve Retreat's property, which has previous ties to the Ringling family.

Helios has reopened two of its three Sun Hydraulics’ manufacturing facilities in Sarasota after Milton.
10/17/2024

Helios has reopened two of its three Sun Hydraulics’ manufacturing facilities in Sarasota after Milton.

Two Sun Hydraulics manufacturing plants have reopened after the storm, Helios officials say.

Walgreens announced Tuesday that it plans to close 1,200 stores as it looks to cut costs and improve cash flow.
10/17/2024

Walgreens announced Tuesday that it plans to close 1,200 stores as it looks to cut costs and improve cash flow.

The drug store chain announced Tuesday that it plans to close 1,200 stores as it looks to cut costs and improve cash flow.

SeaPort Manatee receives $9.5 million from the state to aid post-Milton recovery.
10/17/2024

SeaPort Manatee receives $9.5 million from the state to aid post-Milton recovery.

The port in Manatee County sustained $200 million in potential losses due to Hurricane Milton.

Franceen Gonzales, president of LEGOLAND Florida, shares how she leads through empathy, accountability and discipline in...
10/17/2024

Franceen Gonzales, president of LEGOLAND Florida, shares how she leads through empathy, accountability and discipline in this week's episode of From the Corner Office.

Thanks to our sponsor, Kerkering, Barberio & Co., you can listen now: BusinessObserverFL.com/podcasts/corner-office/2024/oct/17/franceen-gonzales/

Sarasota fertility company INVO Bioscience completes a merger with Aventura-headquartered NAYA Biosciences.
10/16/2024

Sarasota fertility company INVO Bioscience completes a merger with Aventura-headquartered NAYA Biosciences.

Combining the two Florida companies has the "potential to create significant value," CEO Steve Shun says in a statement.

Midtown at Bonita under construction on Bonita Beach Road has eight new tenants and is negotiating with several more.
10/16/2024

Midtown at Bonita under construction on Bonita Beach Road has eight new tenants and is negotiating with several more.

Midtown at Bonita under construction on Bonita Beach Road has announced eight new tenants and is negotiating with several more.

St. Augustine destination marketing agency offers deals and freebies for the hurricane weary.
10/16/2024

St. Augustine destination marketing agency offers deals and freebies for the hurricane weary.

The unaffected ‘Historic Coast’ has deals and freebies for the hurricane weary

The U.S. Department of Justice promises a crackdown on post-Milton, Helene fraud.
10/16/2024

The U.S. Department of Justice promises a crackdown on post-Milton, Helene fraud.

The National Center for Disaster Fraud, created to investigate and prosecute post-disaster scammers, is warning storm victims to be wary.

Short-term rentals are available in Fort Myers for Milton-impacted residents.
10/16/2024

Short-term rentals are available in Fort Myers for Milton-impacted residents.

A newly built community is offering short-term rentals for hurricane-impacted residents.

  🎉 Congratulations to Ivory Matthews! 🎉Vice President of Community & Governmental Affairs at Neal Communities, Ivory ha...
10/16/2024

🎉 Congratulations to Ivory Matthews! 🎉

Vice President of Community & Governmental Affairs at Neal Communities, Ivory has been recognized as one of the Business Observer's 40 Under 40 Honorees! 🏆

This distinction highlights Ivory's dedication, leadership, and outstanding contributions to our community. The Neal team is incredibly proud of her accomplishments and excited to see her continue to make a positive impact in the industry.

Floridians 'need to stop building in areas prone to flooding,' Oscar Seikaly, CEO of Miami’s NSI Insurance Group, says.
10/15/2024

Floridians 'need to stop building in areas prone to flooding,' Oscar Seikaly, CEO of Miami’s NSI Insurance Group, says.

Oscar Seikaly, CEO of Miami’s NSI Insurance Group, says dueling hurricanes could test, change Florida’s insurance market.

Artichoke & Co. worked Thursday and Friday to get meals from its kitchen to helicopter to hungry people in need.
10/15/2024

Artichoke & Co. worked Thursday and Friday to get meals from its kitchen to helicopter to hungry people in need.

Artichoke & Co. worked Thursday and Friday to get the meals from kitchen to helicopter to hungry people in need.

Tampa science museum and three USF campuses work to get reopened.
10/15/2024

Tampa science museum and three USF campuses work to get reopened.

The Sarasota, St. Petersburg and Tampa campuses and the nearby museum are closed due to the continued

SRQ is closed to commercial flights until Oct. 16.
10/15/2024

SRQ is closed to commercial flights until Oct. 16.

The entire roof over Concourse B has been damaged.

The state has created a bridge loan program to help small businesses in affected counties through Hurricane Milton.
10/15/2024

The state has created a bridge loan program to help small businesses in affected counties through Hurricane Milton.

The state has created a bridge loan program to help small businesses in affected counties through Hurricane Milton.

  Insperity congratulates all the Business Observer’s 40 Under 40 Award recipients for 2024!  Each year, the Business Ob...
10/15/2024

Insperity congratulates all the Business Observer’s 40 Under 40 Award recipients for 2024! Each year, the Business Observer recognizes forty Florida business leaders, from Tampa to Naples, who exemplify the entrepreneurial spirit and shine brightest among their peers. Many thanks to our Presenting Sponsor, Insperity, for making the event a huge success!

At Insperity, it’s not just HR outsourcing, it’s HR that makes a difference.® Their comprehensive, scalable HR solutions offer an optimal blend of service and technology to facilitate growth by streamlining processes related to payroll, benefits, talent management and HR compliance. For more information, visit http://www.insperity.com.

Storms force noted Clearwater restaurant Capogna’s Dugout to close after 51 years.
10/14/2024

Storms force noted Clearwater restaurant Capogna’s Dugout to close after 51 years.

Capogna’s Dugout owners say the economy played a role in the decision, too.

Tampa officials are warning of post-Milton scammers looking for victims.
10/14/2024

Tampa officials are warning of post-Milton scammers looking for victims.

The city of Tampa is telling residents to do their homework before hiring contractors and workers.

Milton insured damage projections are in: It starts at $30 to $50 billion.
10/14/2024

Milton insured damage projections are in: It starts at $30 to $50 billion.

The potent combination of high winds, substantial storm surge, heavy rainfall, tornadoes and flooding will translate to a significant financial...

Pounded twice but Lee waterfront restaurant The Mucky Duck  ‘ain’t giving up.’
10/14/2024

Pounded twice but Lee waterfront restaurant The Mucky Duck ‘ain’t giving up.’

The Mucky Duck promises to come back.

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