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SOUTHWEST FLORIDA’S B2B MARKETPLACE • 239-573-9732 Vol. 12 No. 1 / NOVEMBER 2018 www.swfloridabusinesstoday.com
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Anniversaries
Southwest Florida area businesses share their milestones, challenges and achievements.
Commercial Real Estate
A specially focused monthly section exploring the SWFL commercial real estate marketplace. Allegiant Air will dive into the hospitality market with the Sunseeker Resorts development in Charlotte Harbor.
IN THE NEWS
Fort Myers tops fastest growing cities list
With the Census Bureau reporting that the South held eight of the 15 cities with the largest population gains in 2017, the personal-finance website WalletHub released its report on 2018’s Fastest-Growing Cities in America as well as accompanying videos. Fort Myers topped the list, while Lehigh Acres came in at No. 7. To determine where the most rapid local economic growth occurred over a period of seven years, CITIES See page 15
Five finalists selected for Blue Chip Award
McGriff Insurance Services announced the five finalists for the annual Blue Chip Community Business Award. The finalists include: Community Resource Network of Florida; Myerside Resort and Cottages; NGALA Wildlife Preserve; Reliable Permitting & Business Support Services; and Zirilli’s Chilly Treats. The five finalists chosen by an independent panel of judges will be recognized at the award ceremony luncheon on Thursday, Nov. 1 at Hyatt Regency Coconut Point Resort and Spa. One will be designated as the Blue Chip Award winner.
BLUE CHIP See page 15
Allegiant outlines Sunseeker plans Special to SWFBT Jacob Ogles, Editor The first question Matt Beelner, Sunseeker Resorts vice president of sales and development, fields in a room is usually the same. Why would Allegiant Air, an ultralow cost airline, develop a luxury resort? “You fly airplanes. A resort doesn’t have wings,” Beelner mimics. “Why use your money that way?” There’s many answers to that question. Beelner told most of them to commercial real estate agents gathered
for Real Estate Investment Society’s October luncheon. In short, airlines have the sort of data on travelers and their habits that would make tourism officials salivate. The company knows travelers originating destination, how and when they get to their hotels, and their spending habits. And incidentally, they spend a lot. Beelner said while plenty of Allegiant flyers travel because they need cheap tickets, many more choose to save on airline tickets so they have hundreds more to spend at resorts.
SWFL firms make Florida’s ‘Companies to Watch’ list GrowFL announced this year’s 50 Florida Companies to Watch honorees, a statewide competition that identifies companies expected to see significant growth over the next several years. The list included: ArgoTrak (Naples); AXI International (Fort Myers); Benseron Hospitality (Naples); Oasis Senior Advisors (Bonita Springs); and Vectra Digital (Fort Myers). The companies were selected from more than 500 nominees for Florida Companies to Watch, a program hosted by the economic development organization GrowFL, in association with the Edward Lowe Foundation. The winning company’s management team, competitive market position and strong community involvement were among several factors that put them in contention for
the award. “These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, GrowFL executive director. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said. “This is a strong group of companies that deserve this special recognition given annually to the state’s top second stage companies,” said Dr. Chris Morton, GrowFL Advisor Board chairman and CEO of NanoPhotonica, a 2015 honoree. Second-stage companies are defined as those with six to 150 full-time employees and between $750,000 and $100 million in annual revenue. There are many GROWFL See page 14
RESORT See page 15
Miranda to head SW Fla. market for SunTrust Bank SunTrust Banks announced it has appointed Fermin “JJ” Miranda as the bank’s Southwest Florida Market president. Miranda was most recently with Cadence Bank, where he worked in Business Banking as part of the local leadership team in Sarasota and Manatee counMiranda ties. He will be based in SunTrust’s Sarasota office. “JJ will be key to leading the growth of our Commercial Banking business in Southwest Florida,” said Tim Schar, Tampa Bay Market president for SunTrust. “His more than 20 years of
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SUNTRUST See page 2