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SARASOTA-MANATEE
GULF COAST BUSINESS REVIEW SEPTEMBER 21 – SEPTEMBER 27, 2012
Feld Entertainment Palmetto operations headquarters
DETAILS: Feld Entertainment Inc. is converting an industrial manufacturing facility on 47 acres into more than half a million square feet of multipurpose space. The entertainment company behind Ringling Bros. and Barnum & Bailey, Disney On Ice and Monster Jam is relocating its global operations facility from Ellenton to the Palmetto property. The site, developed by The Siemens Corp. and most recently used by General Electric to build wind turbines, features roughly 100,000 square feet of office space with an additional 450,000 square feet of manufacturing space in two buildings. Feld Entertainment plans to heavily renovate the property’s infrastructure and electrical and HVAC systems. As its new global campus, the new facility will consolidate a diverse collection of the company’s activities, including space for building train cars and costumes, storage for lighting equipment, scenery and portable ice floors and rehearsal space. Improvements to the facility also call for installing high-tech communications and information technology systems so the firm can communicate with its shows worldwide. The company will continue to occupy its corporate headquarters in Vienna, Va., but
Insurance
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Bonding
PROJECT OVERVIEW SITE: 2001 U.S. 301, Palmetto ESTIMATED CONSTRUCTION VALUE: $14 million START DATE: May ESTIMATED COMPLETION DATE: May 2013 OWNER AND CITY OF HEADQUARTERS: Feld Entertainment Inc., Vienna, Va. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Ed Taylor Construction Inc., Tampa will gradually move its corporate operations to the new facility in Ellenton over the next five years. Feld Entertainment qualified for local and state performance-based incentives and training grants totaling $3.78 million. Clearwater’s Fisher & Associates LLC designed the project.
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State Road 64 Expansion
DETAILS: The Florida Department of Transportation is expanding 2.5 miles of State Road 64 from four to six lanes. The project also calls for milling and resurfacing the existing roadway, installing bike lanes, signals, sidewalks and curb and gutter drainage swales. Two ponds will also be created for drainage. The project was designed to help alleviate the congestion on State Road 64, and promote better traffic flow. The roadway will be expanded to the outside of the existing lanes to preserve the trees and landscaping in the medians. The contractor expects it will use 6,000 tons of asphalt on the project.
PROJECT OVERVIEW SITE: A portion of S.R. 64 from west of Carlton Arms to Interstate 75, Bradenton ESTIMATED CONSTRUCTION VALUE: $12.7 million START DATE: March ESTIMATED COMPLETION DATE: September 2013 OWNER AND CITY OF HEADQUARTERS: State of Florida, Tallahassee GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Better Roads Inc., Naples
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Robert P. Brown, CPCU • Robert W. Brown, CIC Darren B. Howard, CPCU • Thomas W. Kochis, CIC, CRM David W. McMahon, MBA, AAI • Christopher O’Brien Jared Hawkins
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Costco Wholesale in the Sarasota Square Mall
DETAILS: The Westfield Group, owners of the Sarasota Square Mall, converted a vacant former Dillard’s department store into a 146,000-square-foot Costco Wholesale store in the mall. Along with an adjacent gas station, the store features a food court, optical department, pharmacy, tire center and hearing-aid section. The Sarasota location fills a hole in Costco’s market coverage. Previously, members had to drive either 50 miles north to Brandon or 75 miles south to Fort Myers. As of Aug. 17, the Issaquah, Wash.based membership warehouse chain had 606 stores, including 439 in the United States. It is Costco’s 22nd store in Florida.
PROJECT OVERVIEW SITE: 8201 S. Tamiami Trail, unit 501, Sarasota ESTIMATED CONSTRUCTION VALUE: $9.5 million (estimated on building permit) START DATE: January DATE COMPLETED: August, 2012 OWNER AND CITY OF HEADQUARTERS: Westfield Group GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: The Whiting-Turner Contracting Co., Baltimore