November 2023 Southwest Florida Business Today

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HURRICANE IAN LOOKBACK

INSIDE THIS ISSUE

Economic impact of Hurricane Ian on SWFL

Regional community leaders share their different perspectives to be done. “There are a few areas that

Special to SWFBT Submitted by Karen P. Moore, Publisher

Hurricane Ian Lookback

Read stories of resolve and renewal, along with important resources, as you move forward with your business.

A year after we experienced Hurricane Ian, community leaders from around the region are talking about the economic impact of this catastrophic event on Southwest Florida.

Lee County Visitors & Convention Bureau Executive Director Ta-

mara Pigott shared good news about the tourism metrics from 2022. “Of course, the last three months of the year were significantly impacted,” she acknowledged. “However, other than the number of visitors, 2022 was the best year for tourism in Lee County.

Our visitors spent $4.1 billion. And we collected $66.5 million in tourist tax.”

But she also said there is much more

have fully rebounded in the number of hotel rooms. But hotels in our beach areas have not fully rebounded,” Pigott said.

“The extra rooms on Sanibel that recently came online take us over 71% occupancy. But we’re stuck there, folks. There’s not a lot that can be open until rebuilding is done.”

IMPACT See page 22

STORM STORIES

Anniversaries

Southwest Florida area businesses share their milestones, challenges and achievements.

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Startups, of the economy visionaries fuel Southwest Florida.

Brady Photos by Christine trade to the Southof international offices. about the importance Buqueras talks Lee County Economic Development Director Carlos the first-ever stop at Port Manatee Executive during the Port’s west Florida market

businesses South American

Estate Commercial Real 8-page pullout

A comprehensive a quarterly Southsection that is Real Eswest Florida Commercial tate market overview.

IN THE NEWS

visit Fort Myers

Special to SWFBT

to

Dave Gammon elevated Charlotte EDO director

in the wake of Charlotte County, joinLucienne Pears former director Partners at Babcock ing Kitson and former Business Ranch, elevated and interim Recruitment Supervisor to executive director Dave Gammon Economic Developdirector of the ment Office. face in reGammon is a familiar he development as gional economic three years with his has proven in EDO. Charlotte County continue leading He is excited to like developments several existing page 19

Florida to communities in second one of four host as part of the Lee County was from seven countries welcome companiesTrade Summit.

Manatee, annual International International Trade Hub at Port Fort Lauseries visited Organized by The one day Business opportunity ota and Tampa for the 2019 Global Bradenton/Saras derdale, Fort Myers,to 29.

26 Office, Southwest each from Aug. ReEconomic Development and the Southwest The Lee County Chamber of Commerce the event, which Florida Hispanic Association co-hosted gional Manufacturers Gulf Railway.

Chile, Colombia, was sponsored Seminole from Argentina, Peru and other locales International companies Spain, Mexico, goods, apparel, artisanal El Salvador, Guatemala, food, coffee, fruits, cooking systems featured wine, snack and state-of-the-art to merchandise companies Lee County industryof founded as part summit showcases summit.

Manatee, the Port during and An expo-style from seven nations Trade Hub at markets in Florida and business leaders visiting Summit.

The International International Trade advice as a vital link between provides expert See page 6 the second annual in 2014, serves world. The hub TRADE throughout the

ENEURS h SALUTE TO ENTREPR poised for growt and Business Intermediary Proess Advisors experi- a CertifiedMergers & Acquisitions transaction Edison Busin the IBBA ap- Certified designations from ence totaling partner and

GAMMON See

Privacy & Cyber Security Forum announced

& Cyber SeA special Privacy held on Friwill be at curity Forum 9 a.m. to noon day, Nov. 8, fromNews Community the Naples Daily

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Companies will William C. Huff and insponsor the informational community.

for the teractive forum forum is for atThe goal of the clearer undera tendees to gain keep their famito standing of how businesses private. lies, wealth and FORUM See page

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in fi$170 fessional a Eric Gall, managing with a concentration proximately for Edison Avenue, won and an MBAthe University of Michigan. broker of record brokerage and lower million. Gall transactions and nance from leading business Gall in business the 2018, 2016 and acquisitions Niehaus, Bro- Assisting middle market mergers Pfeffer, Steven 2014 Business significant changes No. 1 are Michael and Phillip Reda. firm, is announcing kers of Florida Edward Valaitis Business Adto operations.

Top Dollar Producer to rebrand itself Pfeffer joins Edison of business The firm has decided over 20 years Award for Southwest Advisors” to better out visors with experience, including 12 as “Edison Business service offerings, Florida, beating busi- transactionbusiness brokerage franchise communicate addedbusiness appraisals, Gall a over 90 other He is years as Southwest Florida. Pfeffer is a including certified appraisals and certiness brokers. owner in Certified certified equipment Business Brokers Board Certified Intermediary, International an 6 and also strategies. fied exit EDISON See page Chairman’s Circle mergers and acquisiBrokerage and led by Association Award winner. Eric holds continue to be tions efforts will 20 years of business Deal Maker Gall. He has over OPENING

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Hoffmann Family buys Hertz Arena, Everblades

INSIDE THIS ISSUE

The Hoffmann Family of Companies has entered into an agreement to purchase the Florida Everblades and the Hertz Arena.

Plans are underway for a complete renovation of the 8,284-seat, multipurpose arena. The improvements will include enhanced skyboxes, food services and installation of a state-ofthe-art scoreboard.

Hertz Arena, which opened in 1998 as Everblades Arena, hosts a variety of events including concerts, Cirque du Soleil, Disney on Ice, boxing and trade shows. The venue offers

Focus on Manufacturing

Area companies are building a better future — one made right here in Southwest Florida.

25 suites, two additional ice rinks, a private club and a pub, Breakaway Sports Pub. The arena is also home to the Florida Gulf Coast University Eagles club hockey team of the American Collegiate Hockey Association.

“We are optimistic that all of the 330 employees will remain with the Hoffmann Family of Companies,” said Craig Brush, Florida Everblades President and General Manager, who signed a five-year contract and has a commitment from all his senior staff to remain in place.

“We are thrilled to be acquired by

A specially focused monthly section exploring the SWFL commercial real estate marketplace.

IN THE NEWS

Fort Myers sixth Business Summit slated for Sept. 20

Holly Bell addresses citrus growers about the 25,000-plus uses for industrial hemp, which can now be grown legally in Florida

Cannabis chief promises rich stash for hemp growers Special to SWFBT Submitted By: Jacob Ogles, Editor

SUMMIT See page 7

When other states started authorizing farmers to grow hemp, it didn’t take long to realize there was no place to sell it. Because no structures had been put in place for processing and manufacturing plants, state officials found themselves rushing a regulatory structure through so farmers could offload their first harvests.

Holly Bell, Florida’s first Director of Cannabis, plans to learn from that mistake. She said the Department of Agriculture and Consumer Services will make sure all parts of the burgeoning hemp industry can move forward as soon as new rules unroll later this fall.

“When our farmers are ready for a cash flow, we want to encourage them to get going,” she said.

Applications being accepted for the 25th Blue Chip Award The 25th Annual Southwest Florida Blue Chip Community Business Award application deadline is fast approaching. The Blue Chip Community Business Award recognizes successful, small businesses in Lee, Collier or Charlotte County that have overcome adversity to achieve success. Applications must be submitted by Wednesday, Sept. 4.

The independent judges select the honoree after all the applications AWARD See page 19

Bell spoke in August at the Citrus Expo and Vegetable and Specialty Crop Expo, where growers from around the region gathered to hear her discuss this new and just recently legal product to diversify their inventory.

Just a few years ago, there were no legal reasons to grow cannabis in Florida. Now, medical marijuana dispensaries pop up in more shopping centers each week. Soon, farmers will grow non-narcotic hemp crops.

With the 2018 federal farm bill allowing hemp to grow, a budding industry will soon emerge in Florida. The Legislature this year authorized a pilot program for growing hemp in the Sunshine State, and state officials are nearly done weeding through a stack of public suggestions.

GrowFL announced this year’s 50 Florida Companies to Watch honorees, including three from Southwest Florida. Companies to Watch is a statewide competition that identifies companies expected to see significant growth over the next several years.

The GrowFL Florida Companies to Watch awards program—now in its ninth year—honors 50 select second-stage companies from throughout Florida for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. Chosen from 500 growing second-stage nominations from throughout, Florida, the 50 companies named as the 2019 Florida Companies to Watch honorees generated nearly $1 billion in revenue and added over 900 jobs between 2015 and 2018. Together, the honorees project a 35 percent increase in revenue and 37 percent increase in job growth in 2019 compared to 2018.

“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.

Local honorees include: Cottrell Title & Escrow, Collier County; Mettauer Environmental, Lee County; and VeraData, Lee County .

“This list recognizes second-stage Florida companies with passionate leaders who are making a difference in growing and diversifying our economy,” said Jennifer Barrows, GrowFL Chairman of the GrowFL Advisory Board and Business Development Executive with WithumSmith+Brown, PC. Second-stage companies are those

HEMP See page 5

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The Greater Fort Myers Chamber of Commerce has announced an exciting line-up for its 2019 Business Summit, set for Sept. 20. The summit, now in its sixth year, will run from 8 a.m. to 3 p.m. at the Sanibel Harbour Marriott Resort & Spa in Fort Myers.

This year’s keynote address is “Communicate Your Way to Success,” by entrepreneur, business coach and international speaker Jason Evers. Evers has traveled to more than 20 countries on five continents

such a prestigious company. Our partnership with the Hertz Corporation and now this new ownership ensures that Hertz Arena will maintain our strong community presence and continue to be the number one choice for entertainment in Southwest Florida.”

The team and the arena were previously owned by Peter Karmanos, founder of Compuware Corporation and prior majority owner of the Carolina Hurricanes in the National Hockey League.

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IN THE NEWS Collier names Pelican as ‘Business of the Wire Month’

During the July ty Commission 9 Collier CounWire was named meeting, Pelican ty ‘Business of the Collier Counthe Month’ and recognized by was the a manufacturing Board for being County for over leader in Collier 40 years.

Pelican Wire President Ted Bill, who received the are truly honored award, said “We Collier County to be named the Month’ for July.‘Business of the Since moving AWARD See page

Gov. DeSantis announces job growth grants

4

Gov. Ron DeSantis the Florida Departmentannounced of Economic Opportunity Florida are acceptingand Enterprise economic development project proposals for the Florida Job Growth Grant Fund. $40 million is available to fund training and public job projects that support infrastructure growth and employment in Florida.

“We know the frastructure projects importance inand workforce training has on economic development,” said DeSantis.

“The Florida Job Growth Grant Fund will help Florida communities ensure they GRANTS See page

12

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Special to SWFBT Submitted By: Noemi Y. Perez Southwest Florida tion’s business-theme students in The Immokalee Foundad summer camp entrepreneurial recently shared ideas their Tank event modeled and garnered awards during a Shark The four-week after the popular TV show. was a partnership Business Management Pathway Coast University’sbetween the foundation and Floridacamp Gulf developed businessInstitute for Entrepreneursh ip. among them: finding plans that solved problems Students common clothes on a budget; centric finances; handling ñera; and findinggetting better sleep; planning studenta quincearestaurants suitable stricted diets. for people with reStudent teams gave presentations ences, startup costs, about their target projected profits, audiother aspects of marketing plans entrepreneurial and Dr. Sandra Kauanui, FGCU enterprises at iTECH mokalee. Judges Director of Entrepreneursh spoke during the for Smart Companies the presentations were: Brian in Imevent. ip, Rist, executive The chairman; Sofia Smart Companies gram allows shoppers Blanno, to arrange tor of corporate intern; and Matthew Turner, Hertz The through social an app, then physically to buy, sell or swap items direcFirst place awards responsibility. central location exchange those in Immokalee. items at a Shop team of Neika of $500 each went to the MentorUs, Daisy Montanez Exulus, Jessica Sales, Alondra Swap & smart financial an app that encourages students and Ailynee Ramirez.

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Fort Myers Mayor

Special to SWFBT Submitted By: Karen P. Moore,

launches Divers ity Committee

SHARK See page

more inclusive city.

Publisher Student Hailey Countryman asked her employer, Sanibel Captiva “It is never too the Mayor if he munity Bank, Comlate to give up had to FGCU’s College on diversity whom a team of advisors Education. your prejudices.” of Henry David Thoreau for guidance. Since he could rely on said, “We In a recent interview she can’t really say question was no, the answer to that ing to be representative we are tryat that moment Fort Myers Mayor derson felt Henof our city’s derson has known Randy Hen- a team. inspired to create just such residents and community if we don’t have diversity Ndiang’ui wanted Florida Gulf Coast University on the to make She sure the Mayor explained the council itself.” was prepared ter Ndiang’ui for professor Dr. Pe- road ahead committee drew about 10 years and asked him, for the its 18 members was a guest speaker and from the commu“Are in his class, “In- really able to handle the truth?” you nity, representing troduction to Diversity,” diversity project moved The ethnicity, forward. in Novemgender and sexualin race, ber. Henderson Beth Countryman, asked students Hailey’s moth- tity. “We can’t be a committee idenhe could do to what er, became make Fort Myers up of old white made involved with men and think the project, going a which led to we are a $25,000 donation to be in charge of diversity.” from DIVERSITY See page 11 Payment Plans Available • Discounted Merchandise Parking Options Discount • Presale • Private Parties & Exclusive Gifts on Hertz Arena Concerts & Family Shows Buy Any 19/20 & Get A $20 Membership Pack FORD’S GIFT & ‘BLADES TOTE CARD BAG Valid on any NEW full, voucher

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Ian’s Eye by Dana Donkle in acrylic. Photos from the art exhibit featured throughout this edition courtesy of the Alliance for the Arts.

Arts Alliance hosts closing reception for Storm Stories Storm Stories at the Alliance for the Arts was a year in the making. Throughout the month of September, the AFTA presented a juried exhibition in conjunction with its Storm Stories oral history program about Hurricane Ian and its aftermath. The show featured 53 works of art from Florida artists. Artists were asked to create artwork about their ex-

IN THE NEWS

DeSantis awards $4 million to Cape than the average wage in Lee County.

“Following Hurricane Ian, I made a Coral through job growth grant fund Gov. Ron DeSantis awarded more than $4 million to Cape Coral through the Governor’s Florida Job Growth Grant Fund to construct a public rightof-way increasing access to Victory Park, a 140-acre master planned development. This project is expected to generate 1,100 new jobs, 42% of which are projected to have a median wage more than $80,000 — more than 50% greater

promise to stand with Southwest Florida every step of the way as it rebuilds,” DeSantis said. “Today, I’m happy to continue delivering on that promise. By strengthening infrastructure in the City of Cape Coral, we are creating jobs and bringing new opportunities that will continue to revitalize and strengthen communities in Southwest Florida.”

GRANT See page 9

periences during or after the storm: The works represented stories of resilience, trauma or loss.

Following Hurricane Ian, AFTA teamed up with the Gulf Coast Writers Association to launch the oral history project, Storm Stories, allowing people to submit personal stories of

ART See page 20

IMPORTANT BUSINESS NOTES  SWFBT News Update To get current business news throughout the business day, visit www.swfloridabusinesstoday.com.  Moore About Business Kick off your business week with “Moore About Business”! Tune in to SWFL PBS and National Public Radio (NPR) affiliate, WGCU radio at 90.1 FM, during Morning Edition and All Things Considered to hear SWFBT founder, owner and publisher Karen P.

Moore share information and insights for and about our local business community. Listen to past segments at https://news. wgcu.org/tags/moore-about-business  “Moore About Business” takes off: On Feb. 20, 2023, when Moore’s radio segment regarding the future of development of Fort Myers Beach was posted to social media, it received more than 50,000 hits—one of the highest number of hits for a single post in WGCU Radio’s history.

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

VETERANS DAY HONORING ALL WHO SERVED

Empowering Veterans to Succeed in Business The SWFL Inc. Veterans Business Council supports veterans in the workforce by providing invaluable networking and educational opportunities.

Our mission is to empower veterans and veteran-owned businesses in Southwest Florida. If you’re a veteran looking to grow your business, we invite you to join us on the first Thursday of every month, for exclusive networking events, monthly insights, resources, and workshops aimed to help your business succeed.

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Southwest Florida BUSINESS TODAY ®

Page 3

ANNIVERSARIES Looking at future of insurance claims Looking back at the last year, we have come to realize that our community is resilient and so is our team of public insurance adjusters who have worked relentlessly to serve our clients’ needs.

Day Adjusting and Consulting has been in business for over five years and I personally have over 15 years in the industry.

Each of our adjusters has a minimum of 10 years’ experience and it takes this kind of knowledge of the insurance industry to best serve the needs of those who go through disasters like Hurricane Ian. Insurance laws have changed and are not in favor of the policyholder. After Hurricane Irma, policyholders had five years to file a claim; after Ian, a two-year window; and now in Florida, you have just one year from the date a hurricane makes landfall to give notice of the claim to your insurance company according to the latest Florida statute that went into effect on Jan. 1.

As a public insurance adjuster, I can say this is not enough time. Hurricane damage is not always immediately evident, and sometimes takes a few years to be detected. This is only one example of the many law changes that affect you as a

BY BLAKE DAY Guest Columnist

property owner.

The 2022 insurance law changes need to be addressed and the only way to make it known these changes affect you as a property owner is to contact your local state representatives.

Find your representative’s contact information at www. house.gov/representatives/find-your-rep-

resentative.

By sharing your opinions with state representatives, you make your voice heard, which can help them decide what action to take on pending legislation that affects all of us. If the insurance law does not change, Insurance claims and being property indemnified after a loss will only continue to get more difficult.

Blake Day is a public adjuster and founder of Day Adjusting & Consulting. Call (855) 729-0838 or visit DayAdjusting. com.

STORM STORIES

Bridging Over by Tracy Owen Cullimore in oil

AFTER IAN: LEE COUNTY EOC

Lee County Manager Dave Harner described how Lee County’s Emergency Operation Center team handled the storm.

“One of the hardest things we had to deal with is the people that stayed back and you can’t talk them out of it. So as the storms are coming in, the calls that were coming into our network were really tough,” he said.

“These were calls about people being trapped in flooding or flooded areas, so you know it’s devastating for our folks that have to sit there and work through that process and deal with that but they stayed there. Just to tell you about your county employees--some of them lost their homes and never left the EOC to go check on their homes. They knew their homes were gone. They stayed because they were helping their community during a disaster. And that’s not one or two people, that’s a lot of people that lost their homes in our EOC that stayed there to make sure that they were providing that service to our community.” — KM

HURRICANE IAN LOOKBACK

Lee County honors all of the hardworking businesses and individuals who have helped the community rebuild from Hurricane Ian. There is still a long road to recovery, but the Lee County Economic Development Office is here to help. Visit LeeCountyBusiness.com to learn about how the Lee County Economic Development Office can assist with ongoing recovery efforts and resources.

2201 Second Street, Suite 500 Fort Myers, FL 33993 239-533-6800 EDO@LeeGov.com www.LeeCountyBusiness.com

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

Memorial event celebrates Lewis Latimer The Lewis Latimer Fellowship Program, an organization dedicated to providing special access and mentorship to a select group of exceptional Black innovators, hosted the Lewis Howard Latimer Memorial Program on Sept. 23.

The commemorative occasion celebrated the life and legacy of renowned inventor Lewis Latimer, whose vast scientific contributions to modern society were largely unrecognized during his lifetime. The event culminated in an unveiling and placement of the innovator’s headstone, created by sculptor and artist Stan Mullins.

“This is the culmination of three years of hard work,” said Jonathan Cropper, co-founder at the Latimer Fellowship Program. “When we created the Lewis Latimer Fellowship Program, we felt it was critically important to create and elevate new ‘superheroes’ that young Black kids can look up to and aspire to be. And when we learned about Latimer and that he was laid to rest here without a tombstone, we simply had to right that wrong.”

Latimer’s carefully crafted headstone offers longoverdue acknowledgment of his life’s work and achievements. The memorial ceremony was attended by Latimer

HURRICANE IAN LOOKBACK

Fellows past and present, the executive director of the Lewis Latimer House Museum in New York, as well as Fall River, Mass. Mayor Paul Coogan and members of the Latimer Family.

Michele Hylton-Terry, Executive Director of the Fort Myers Community Redevelopment Agency, attended the event in Fall River, Mass. She stated, “My favorite part of the event Hylton-Terry was hearing from Mr. Latimer’s grandnephew about all the wonderful programs the Lewis Latimer House Museum produces for children. Mr. Latimer would be honored to see how they keep his legacy alive.”

Founded in April 2021 by Frank Bonafilia, Dr. Carmichael Roberts and Jonathan Cropper, the Lewis Latimer Fellowship Program is an extension of The Edison Awards, a globally recognized annual competition that has served as a leader in recognizing, honoring, and fostering innovation for more than 30 years.

For more information, go to www.lewislatimerhouse. org/mission.

Cecil Pendergrass and President Joe Biden during a post-Ian tour.

Pendergrass looks back on his role, pre- and post-Ian

Special to SWFBT Submitted by Karen P. Moore, Publisher

AFTER IAN: KELLY’S FISH HOUSE

Melissa Blazier and her brother Keith Ellis recently talked about the resiliency of their family restaurant, Kelly’s Fish House, that was started 65 years ago in Naples, and has been in their family since 1971.

There was almost four feet of water throughout the building after Ian. “The roof was peeled back,” Blazier said. “Obviously all of the flooring was ruined. It also had some structural damage that had to be repaired.”

She went on, “There was a lot of chatter on social me-

dia that Kelly’s Fish House will never be coming back after this one.”

As she described it, “The storm hit on Wednesday but by Saturday morning, my friends, Keith’s friends, our family and total strangers showed up to help. It was the people that we had never met before who showed up to help us which was just incredible.”

And guess what? The restaurant is still here and open for business. — KM

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As Lee County Commission Chair, Cecil Pendergrass had a unique view of Hurricane Ian before and after the storm.

It started with staff preparing six days before landfall.

“That means activating the Emergency Operations Center, having more staff come into the office, and different agencies,” Pendergrass said.

“As the Board of County Commissioners, we activate the state of emergency. I think it was 3 days out. And what happens in the activation of state of emergency, the county manager takes over as the CFO for the county,” he continued.

“Once the state of emergency is activated, we have protocols in place and everything runs like a machine with the EOC as far as the closure of county businesses, closing of the schools, activating the schools for shelters.”

Pendergrass’ second view was postIan, flying in Marine One to survey the damage with President Joe Biden.

“He came here on Oct. 5,” he recalled.

“I was honored to be able to go on Marine One with him. I know the area, I was born and raised here. So, I went up with the President and Doctor Biden. And his response was amazing. I told him, ‘Sir, with all due respect, I’ve been doing this for a long time and I’ve seen federal governments come and go. You take the pictures and leave. We don’t need you to come back. We need to make sure we get the resources that are needed. Federal funding, I need now. Urban housing money — which we got $1.2 billion — I need help with the Army Corps of Engineers to rebuild these bridges... We have people still buried in the sand here. I need resources, I need people to help us recover, running long-term and short-term recovery.’

“The response from the federal government’s been amazing. We’ve gotten everything we asked for. I really have to commend the President and the Governor both for not making it political. I explained that to both of them personally, face to face. I said, ‘Do not use this arena to be political. Please take care of our residents.’And everything came out perfect.”

Finally, Pendergrass talked about the positive impact the hurricane had on our community.

“We saw here firsthand with the hurricane that we have to work together.

There’s no way people would get back to Sanibel, Pine Island without boats, for example,” he said. “We have people who were out there looking for people in the water. I mean, it was devastating. We had all this debris in the water. It’s like we don’t know who was in the boats or who were in those cars or in the water and the community came together. It was amazing to see that.”

He finished by saying it will be a longterm recovery, and the region will continue on that road to recovery as we all help each other move forward--together.

NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

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HURRICANE IAN LOOKBACK

SUNSHINE IN THE STORM Supporting Our Community & Team in Their Time of Need “Sunshine Ace Hardware stores have seen customers through many

hurricanes – Donna, Charley, Irma, and most recently, Ian. But together,

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THE HURRICANE IAN

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Page 6

Southwest Florida BUSINESS TODAY ®

HURRICANE IAN LOOKBACK Banking on community in challenging times As a 5-star rated bank, and the oldest locally owned and managed community bank in Lee County, Edison National Bank/Bank of the Islands has a proud history of helping our customers and neighbors in challenging times.

When Hurricane Charley hit in 2004, we were the first to reopen our doors, providing loans and banking services to help customers get back on their feet.

As the unprecedented destruction wrought by Hurricane Ian on Sept. 28 became clear, we immediately sent bank volunteers to shelters to help in residential areas hardest hit. Our Fort Myers offices were some of the first banking institutions to open after the storm for our customers. The first day that islanders were allowed back on Sanibel and Captiva islands, our bank was open to serve our customers’ needs. That week, staff donated bottled water door to door and later provided 4,000 pounds of ice and set up a nonprofit support unit in our Sanibel parking lot. We continued to raise spirits by creating Thankful Tuesday giveaways in the weeks and months following the storm – a dedicated day to giving back through small acts such as handing out coffee and doughnuts, cookies, water bottles, bagged ice,

stocking stuffers, turkey lunches and more to support islanders in their recovery.

Why? Because after serving our banking customers and Lee County neighbors for 26 years, these are some of the many things we just naturally do for our community.

As longtime residents and supporters of Southwest Florida, we are inspired by the many selfBY ROBBIE less ways our team, neighbors ROEPSTORFF and business community have Guest Columnist risen to the needs of our community in the year since Hurricane Ian. As our customers and community know – we’re here for you … yesterday, today and tomorrow.

Robbie Roepstorff and her husband, Geoff, cofounded Edison National Bank in 1997 and are President and CEO, respectively. Edison National Bank and its Bank of the Islands offices serve customers from locations in Fort Myers, Sanibel and Captiva. Visit www.EdisonNationalBank.com.

ANNIVERSARIES

AFTER IAN: DOC FORD’S

Doc Ford’s remains among the most well-known restaurant brands along Florida’s Gulf Coast. But Hurricane Ian closed every Southwest Florida location.

The loss of facilities meant the vast majority of the 500 employees for the restaurant group lost their jobs at a critical point, according to partner Joe Harrity.

But locations on Sanibel Island and Fort Myers Beach re-opened in February. The Captiva location was sold as part of the South Seas resort— ironic as that location took far less damage than others.

As reconstruction began, Harrity felt grateful many employees called up eager to help. Many took jobs at construction sites doing demolition or clean-up. At this point, about 75% of the staff let go after the storm has been rehired.

“A lot of staff have been with us for years,” Harrity said. “The vast majority of our management worked as bartenders, servers and food runners and come through the ranks. It speaks to the culture we created.” — JO

STORM STORIES

Preferred Travel celebrates new name, office expansion

Preferred Travel & Co. kicked off the celebration of its 40th anniversary by inaugurating its new office at on Pelican Bay Boulevard on Oct. 5. This event also marked the change in the agency’s name from Preferred Travel of Naples to Preferred Travel & Company, signifying its commitment to its future of delivering exceptional travel experiences from multiple locations.

The festivities commenced with a ribbon-cutting ceremony organized by the Greater Naples Chamber of Commerce. Following this formal introduction, guests were invited to explore the newly established office and engage with seasoned travel advisors.

It was an occasion that allowed prospective travelers to gain insights, explore opportunities and even take advantage of exclusive travel promotions.

Kristina Gear, managing partner of Preferred Travel & Co., radiated enthusiasm as she summed up the event’s triumph.

“The opening of our new office and our refreshed name represents

NOVEMBER 2023

Preferred Travel & Co. kicked off the celebration of its 40th anniversary by inaugurating its new office at on Pelican Bay Boulevard the dawn of an exciting new era in our journey,” she said. “Our commitment to delivering exceptional travel experiences remains as steadfast as it has been over the past 40 years, and we eagerly look forward to continuing this legacy for the next 40 years.”

The leadership team expressed gratitude to clients, partners and the community for their unwavering support. The entire team looks forward to creating exceptional travel adventures in the future.

HURRICANE IAN LOOKBACK

Island Beacon of Hope by Doug MacGregor in acrylic

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NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

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HURRICANE IAN LOOKBACK

WE BANK ON THE POWER OF

community S

outhwest Florida and our islands hold a very special place in our hearts. Sanibel Island is where our bank started 20 years ago and a place we’re lucky to call home.

Twelve months ago, Hurricane Ian changed this community forever, especially our beloved island communities. In the past year, we’ve rolled up our sleeves day after day to assist others. From boat rides to the islands and securing housing for our affected SanCap Bank family to providing free meals to islanders and relief workers and donating over $250,000 to recovery efforts, we’ve been in the trenches with our fellow Southwest Floridians. There is still work to be done and we continue to do our part to get our community back on its feet. The bank has processed $90 million to residents and businesses for storm recovery and we’re committed to continuing to help..

A year later, tremendous progress has been made but the work is not done. SanCap Bank remains ready to help Southwest Florida continue to pick up the pieces, heal and grow stronger. You can bank on it!

239-472-6100 www.SanCapBank.com Locally Owned and Operated

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Page 8

Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

HURRICANE IAN LOOKBACK Collier County 100 Club assists first responders following Ian Immediately following Hurricane Ian one year ago, the Collier County 100 Club distributed $1,000 assistance checks to more than 50 deserving first responders. Additional assistance checks of $2,225 have since been distributed, exceeding more than $172,800 in total aid since Hurricane Ian. Whenever a natural disaster or other emergency occurs in Southwest Florida, our first responders stand with an unwavering commitment on the front lines to courageously ensure our personal safety and security, but have you wondered who is there to support them in their time of need or tragedy?

In 1985, the Collier County 100 Club was founded with this mission.

The Collier County 100 Club is a nonprofit organization whose mission is to financially assist first responders and their families in times of tragedy.

As we look back on the tremendous impact of Hurricane Ian that devastated our community one year ago, we are reminded that there are many law enforcement officers, firefighters, EMS personnel and other first re-

sponders who are still trying to put their lives together and recover from the aftermath of this historic storm.

The Collier County 100 Club was originally incorporated to provide support for the families of

BY RUSSELL fallen officers. 100 BUDD Clubs have existed Guest Columnist for many years all over the country with the goal of providing immediate financial support to families of fallen officers. In 1983, the Florida Highway Patrol commanding officer met with then Collier County Sheriff Aubrey Rogers and his staff to discuss the need for such a club here.

A pilot committee was formed, which invited a handful of other leaders to join. Over time, the Collier County 100 Club broadened its mission to include all first responders serving in Collier County. That includes not only the Sheriff’s Office, local police and

fire departments and emergency medical services but also Florida wildlife officers and tribal police.

Recently, the organization’s Board of Directors further expanded the mission “to financially assist first responders and their families in times of tragedy.” This was to acknowledge that many financial burdens were placed on first responders by tragedies other than line-of-death duties, such as natural disasters and medical care.

The Collier County 100 Club’s Board follows a strict procedure for the disbursement of funds; first, it must receive a written request from an agency’s commander outlining the need. Secondly, the Board reviews the request with the goal and intent to provide funds to the first responder “or their family” within 24 hours. It has long been known that the need for financial relief is immediate and before other forms of support, like personal insurance, become available. Thirdly, upon the Board’s approval, funds are immediately issued to the first responder or their family.

When the first responder faces a

tragedy, they or their families often face financial burdens they cannot meet. These funds have helped first responders and their families with basic needs like rent, rebuilding, clothing and just putting food on the table for their families.

With the increasing growth of our community and the demands placed on our first responders, the demands for support by the Collier County 100 Club have grown exponentially. Please consider joining the Collier County 100 Club or generously donating, as the support you provide today could help the first responder who will help you tomorrow.

The Collier County 100 Club raises funds from the community through annual memberships, generous donations, and corporate sponsorships throughout the year. If you would like to support the cause, please visit www.

Collier100Club.org.

Russell A. Budd is the Founder of PBS Contractors in Naples and President of the Collier County 100 Club. Contact (239) 643-6527.

STORM STORIES

AFTER IAN: BERT’S BAR

Jay Johnson is a third-generation restaurateur. His father owns the iconic Bert’s Bar in Matlacha, while the younger Johnson owns Bubba’s Roadhouse in Cape Coral.

Bubba’s sustained heavy damage while Bert’s was completely destroyed.

“It’s tough to walk down the street anywhere in Southwest Florida and not have people stop me and my dad and say, ‘Hey, what’s going on with Bert’s? That’s my favorite place.’ Generically, there’s a Memories of Bert’s page that is on Facebook. Pictures and memories are up there almost on a daily basis from around the world.”

He then spoke about the strength of Pine Island residents. “The road was cleared by the residents of Pine Island. Residents weren’t able to fix the break in the road, but all the big things were moved off by the people that live on the island. It’s really the spirit of Pine Island, I think, that has really shown right through all of this, and continues to this day.” — KM

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HURRICANE IAN LOOKBACK Next chapter begins for Red Coconut RV Park Once the destination of Thomas Edison, Henry Ford and for people craving life on the white sands of Fort Myers Beach, the Red Coconut RV Park, owned by Fran Myers and her family for the last 42 years, sustained significant damage from Hurricane Ian, and it would have been too costly to restore the popular campground to what it once was.

After much thought and careful consideration, a sale was negotiated and agreed upon between Myers, her family members and the local Seagate Development Group for the 10-acre property which fronts the beach and Gulf of Mexico and is on both sides of Estero Boulevard.

Red Coconut RV Park has a distin-

guished history. It was the site of the first post office and first voting precinct on Fort Myers Beach. The first religious gatherings were held there as well as the first fundraisers for the first school.

This was home for many permanent and part-time residents as well as those who brought their own trailers embracing this special piece of history.

Ian took most of it. The office, store and maintenance building all were destroyed. And the iconic beach house, which was brought in by barge in 1932, floated off its foundation and down Estero Boulevard, before it met the same fate. “It was like a war zone,” Myers said. “I asked, ‘where is everything?’

It was gone; I was in was disbelief. So overwhelming. There were no words to

describe it.”

Myers said Seagate was the only choice to sell the property because of how much family means to the company. Myers and her late husband, Tom, first leased the park in 1981 and purchased it in 1982. The park has been a family-run operation ever since.

“I am one of the people that believes in using your local people to do your business with,” Myers said. “I just felt that they are a family run operation the way Tom and I ran the park and so the choice was pretty simple. There were other local people, but they seemed the most substantial and the one I found had family values.”

“This was a big moment for our family,” said Tom Myers Jr., Fran’s son.

GRANT PAGE 1

nities for hardworking Floridians, but also ensure that the local community has access to vital healthcare and education resources,” said Florida Secretary of Commerce J. Alex Kelly. “As we approach one year since Hurricane Ian’s devastation, it is essential to continue investing in vital infrastructure while simultaneously recovering from the impacts to ensure a bright future for Southwest Florida families five and fifty years from now.”

The award builds on $25 million awarded through the Local Government Emergency Bridge Loan Program for local government support, $4.2 million awarded to Lee County Port Authority for increased access to commercial development sites, and $11.9

million DeSantis awarded to the Town of Fort Myers Beach through the Local Government Emergency Bridge Loan Program .

Since 2019, $142 million has been awarded through the Job Growth Grant Fund, making strategic investments in programs that build stronger communities and support workforce training across the state. The Florida Job Growth Grant Fund is an economic development program designed to promote public infrastructure and workforce training across the state. Proposals are reviewed by FloridaCommerce and are chosen by DeSantis to meet the demands for workforce training or infrastructure needs in communities around the state.

By increasing access to Victory Park’s healthcare and workforce services, this project will prepare the area for business development, support long-term job growth, and address the needs of the area’s growing veteran community. The project also proposes the development of a regional workforce training program dedicated to the area’s veteran-centric needs, which will support job growth in healthcare, cybersecurity and local entrepreneurship sectors.

“Thanks to Governor DeSantis’ support, the City of Cape Coral will not only be able to provide new opportu-

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AFTER IAN: FLORIDA SENATE

Florida Senate President Kathleen Passidomo toured portions of Southwest Florida alongside elected officials like Gov. Ron DeSantis and Lt. Gov. Jeannette Nunez. But a key difference was that her own home had badly flooded.

“Like so many, my family was personally impacted by Hurricane Ian. Many others suffered more severe losses, including loss of life, loss of home, loss of business, loss of job,” she said.

“As I walked through our community in days that followed, the devastation was almost indescribable. I knew then, as I know now, our community and residents are bound and determined to rebuild stronger and better than ever. The resilience of this community is phenomenal.”

She worked with other lawmakers to shepherd $4 billion in state funding, all while dealing with renovation and reconstruction at her own Naples home.

“I know that for a family whose home was destroyed, or business lost, funding numbers and explanations of state programs have little meaning.

I understand the grief,” she said. — JO

HURRICANE IAN LOOKBACK

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

IRS pauses claims for Employee Retention Credit GrowFL announces “IRS Commissioner Danny Werfel on Thursday ordered the agency to immediately stop processing new claims for a pandemic-era small business tax break to protect filers from a ‘surge of questionable claims,’” CNBC’s Kate Dore reported on Sept. 14.

As news breaks on the IRS pausing the Employee Retention Credit program, we have learned the following: 1. The ERC program is paused through at least the end of 2023.

2. Processing times for existing claims could be delayed from the standard goal of 90 days to 180 days or longer.

3. Taxpayers still considering ERC claims are encouraged to review ERC guidelines and work with trusted tax professionals.

4. According to the Wall Street Journal, the ERC is proving far more costly to U.S. taxpayers than expected. The IRS paid more than $150 billion in ERC refunds through early March, and the money is still flowing. Total payments through July could be $220 billion, with another $120 billion in the pipeline, according to a recent Piper Sandler estimate. That would roughly triple early congressio-

Florida Companies to Watch honorees

nal estimates.

“The IRS is increasingly alarmed about honest small business owners being scammed by unscrupulous actors, and we could no longer tolerate growing evidence of questionable claims pouring in,” said Danny Werfel, IRS Commissioner. “We want businesses to step back and talk to a trusted tax professional, not a promoter out looking to take a

BY JASON big chunk of a refund.”

MELILLO We understand there are Guest Columnist more questions than answers at this moment, and we urge you to consult with your tax advisor for individual scenarios.

Jason C. Melillo is a principal and local incentive practice leader at KBKG. His areas of expertise are Local Incentives, Employment Tax Credits which includes Enterprise Zones, Work Opportunity Tax Credits and other employment credits. Contact (626) 538-3128 or jason.melillo@krostcpas.com.

STORM STORIES

Chaos in Paradise by Christopher Tuscan in oil

AFTER IAN: LEE COUNTY INSURANCE

John Gardner, owner of Lee County Insurance in North Fort Myers, owns several properties that all sustained major damage from Hurricane Ian. None of the properties were waterfront.

“The event was different for me than it had been for all the other hurricanes,” said Gardner.

“Normally, I go out and help other agents. This time, it got me good — flooded out my house, my entire office building and rental properties. Yeah, it was pretty devastating.”

Gardner openly shared his views on the re-

sponse of the insurance companies after the devastating storm. “They were... not great. Some were certainly better than others.”

“So yeah, it all depends on who your adjuster was. Some companies did a pretty good job. The difficulty that I have is some companies are totally hands off. It’s up to that third-party administrator to handle the claim and that’s where things went sideways with a lot of people.”

He strongly recommended people keep their homeowners insurance policies in full force. — KM ®

Don’t forget to post your virtual and in-person B2B events to swfloridabusinesstoday.com/ calendar SWFL’s most comprehensive B2B events calendar

GrowFL announced the 50 companies selected as the 2023 Florida Companies to Watch. The awards program – now in its 13th year – honors impressive second-stage companies from throughout the state for developing valuable products and services, creating quality jobs, enriching communities and broadening new industries throughout Florida.

Honorees from Southwest Florida include: Cigent Technology, Fort Myers Brewing Company and Pro-Tec Plumbing.

Companies to Watch was developed by the Edward Lowe Foundation as a way to recognize and honor second-stage companies that demonstrate high performance in the marketplace with innovative strategies and processes. In addition to evaluating past growth and projected success, applicant companies are judged according to their special strengths and impact in their markets, communities, and within the state — thus deeming them worth watching.

A total of 71 finalists were announced earlier this year, and the 50 honorees were selected after a final round of judging by a panel comprised of past honorees, economic development leaders and corporate partners of GrowFL. Companies were judged on a number of criteria including growth in number of employees; impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects.

“GrowFL Florida Companies to Watch was designed to celebrate the spirit of entrepreneurship and to shine a spotlight on the most deserving companies,” said Jennifer Taylor, president and CEO of GrowFL. “Second-stage businesses are the lifeblood of our state’s economy, driving innovation, creating jobs, and fueling prosperity. This year’s Honorees span 20 different counties, represent 18 different industries and 32% of them are woman-, veteran- or minority-owned. This diverse group of honorees can only mean one thing – Florida is the place where entrepreneurs thrive.”

Since the first awards celebration in 2011, GrowFL has honored 600 companies from throughout Florida with this prestigious award. With this year’s honorees, GrowFL has now recognized 650 companies throughout the state that are making a positive impact on the economy and the communities in which they live. Many of the past honorees have now grown their companies to stage 3 and stage 4 businesses employing more than 500.

“As chair of GrowFL’s Advisory Board, I am honored to witness the remarkable growth and ongoing success of Florida’s businesses year after year,” said Pete Previte. “These companies truly embody the true spirit of entrepreneurship and resilience. Like the 600 Honorees before them, they have overcome challenges, continued to innovate and successfully lead their team. Their inspiring stories of triumph stand as a testament to the exceptional business environment that thrives here in Florida. It is our privilege to celebrate them and their remarkable achievements.”

To qualify for the award, companies must be headquartered in Florida and have between six and 150 employees and revenue between $750,000 and $100 million. From 2019 through 2022, these companies generated close to $2 billion in revenue and added 871 employees, reflecting a 99% increase in revenue and a 62% increase in jobs for the four-year period.

That translates into a 27% average annual revenue growth and a 19% average annual growth in employees.

These companies projected continued growth in 2023, with a 28% revenue increase and a 22% growth in employees compared to 2022. If their projections hold, these companies will have generated more than $2.8 billion in revenue and added 1,370 employees over the last five years — a 155% increase in revenue and 97% increase in jobs since 2018.

Companies named to the list will be officially recognized at the 13th Annual GrowFL Florida Companies to Watch Celebration on Feb. 14 at the Hard Rock Live in Universal CityWalk in Orlando.

NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

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COMMERCIAL REAL ESTATE MARKET A look at commercial real estate trends & topics in Southwest Florida

HURRICANE IAN LOOKBACK SanCap Chamber celebrates first complete Sanibel resort reopening

The SanCap Chamber marked a major milestone We have a good team that was able to get over there in recovery efforts on Sanibel Island with a ribbonwith the ability to work quickly.” cutting at Sanibel Island Beach Resort on Sept. 22 Ocean Properties Hotel & Resorts, based in Delon Middle Gulf Drive. It is the first large coastal reray Beach, owns and operates Sanibel Island Beach sort to open all its guest rooms, a total of 98.

Resort and about 100 hotels in the U.S. and CanAll rooms, the lobby and resort restaurant were ada. It bought the property as a Holiday Inn about destroyed by Hurricane Ian nearly a year earlier, seven years ago, Berger estimates, and renamed it once that franchise ran out. With the reopening, it and required entire gutting, rebuilding, furnishing rebranded Sanibel Island Beach Resort as part of its and new air-conditioning. Although the restaurant new Ocean Breeze Inns collection of hotels. was unable to open by ribbon-cutting time, the pool Chamber and city officials attended the ribbontiki bar was nearly finished and the resort has placed The SanCap Chamber held a ribbon-cutting at cutting, celebrating with champagne, cake and a tour a brand-new food truck on the premises.

It serves A look at commercial real estate trends & topics in Southwest Florida light food, including breakfast, until BRGR Kitchen Sanibel Island Beach Resort on Sept. 22 on Middle of the rooms.

“John and his team have been remarkable in as& Bar opens in the restaurant space, anticipated by Gulf Drive. It is the first large coastal resort to open all sisting us,” Berger said. “It’s obviously devastating Christmas 2023, said Andy Berger, vice president of its guest rooms, a total of 98.

“Obviously people like John Lai have been very what happened over there, and the quicker they can operations for Ocean Properties Hotels & Resorts.

“What a joyful occasion to be able to offer island supportive, doing anything he could do to help,” said get more businesses open, the quicker they can bring visitors more coastal accommodations,” said John Berger. “All the governments helped too with hur- life back to the island.”

“We thank you for giving us the hope we so desLai, president and CEO of the SanCap Chamber. dles to push us along to this point. The good thing is “We anticipate it will be a game-changer as we pivot we’re based in Florida with a large amount of hotels perately needed,” Lai told the resort team at the riband lots of internal building or renovating going on. bon-cutting. from rebuilding to recovery mode.”

COMMERCIAL REAL ESTATE MARKET

Stevens Construction begins Coconut Point Ford Stevens Construction has started construction of a new 13,477-square-foot building for Coconut Point Ford on South Tamiami Trail in Estero, announced Daniel Adams, Stevens Construction executive vice president.

With 18 service bays, the new building will support Coconut Ford’s growing electric vehicle market and house a parts counter, waiting room with beverage bar and restrooms. The building will include a mezzanine with a freight elevator

for convenient transport of parts. To complement the Coconut Point Ford campus, the building will have a stucco exterior, custom metal awnings and enhanced landscaping.

Slated for completion in spring 2024, the project will occur while Coconut Point Ford remains operational and be situated in the existing pre-owned vehicle parking lot.

The project was designed by Studio AD Architect.

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

COMMERCIAL REAL ESTATE MARKET A look at commercial real estate trends & topics in Southwest Florida

Factors driving the future of office space: flourishing or stranded?

HURRICANE IAN LOOKBACK

LARC breaks ground on new group home Lee Association for Remarkable Citizens, an organization working to empower individuals with disabilities and their families, held a groundbreaking ceremony Oct. 5 for a group home in Cape Coral.

LARC provides 24-hour supervision in a person-centered, home-like environment where residents with developmental disabilities receive life-skills training. Hurricane Ian destroyed the North Fort Myers riverfront house adults have called home for more than 25 years. Five adults were displaced and are living in temporary rental housing. Residents lost everything except the overnight bags they packed when leaving for the shelter before the hurricane.

The home will include six bedrooms, four bathrooms and 4,800 square feet of living space. The site was given to LARC years ago. The cost is around $1 million, much coming from insurance, money saved for the renovation of the old house and sale of the property where the former home is located. LARC is raising $200,000 to complete the home.

“The devastation caused by Hurricane Ian has had a profound impact on our community and the lives of the

individuals we serve,” said LARC Executive Director Angela Katz. “The groundbreaking is a momentous occasion for our organization and the community, as it symbolizes our unwavering dedication to improving the lives of those we support.”

LARC is working in partnership with Steven R. Bowen Construction and Designers + Builders Unite, established by Dwayne Bergmann, owner and principal designer of Dwayne Bergmann Interiors, and Stacey Callahan, publisher of Luxe Interiors + Design Florida, to create a customized space.

Brian Bradley, a LARC board member, was recognized on behalf of his family, who donated the riverfront home 25 years ago. His sister, Kathy, participated in LARC’s programs for 35 years, and his brother, Roger, was LARC’s executive director for 31 years.

Since 1954, LARC has been dedicated to meeting the needs of individuals with intellectual and developmental disabilities and their families in Southwest Florida. Visit www.larcleecounty.org.

Contact Katz at (239) 334-6285 x210 or angelakatz@larcleecounty.org.

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Southwest District

As the commercial real estate market in Southwest Florida continues to surge, so does the demand for move-in-ready, quality office space. Office vacancy rates have reached record lows, stranding tenants with undesirable options and investors with limited prospects. The good news is a subsection of the market is flourishing. Three key elements are consistent across all highly desirable properties that distinguish flourishing office spaces from the rest.

With Lee County move-in-ready office space in high demand, most tenants subconsciously follow a similar pattern when checking the boxes on their office space checklist. So, what exactly is the difference between the highly desirable office space and simply just an office space?

For starters, Location. Location. Location. You’ve heard it a thousand times over, and although it may seem obvious, that does not diminish its significance.

Tenants want the security of being situated close to home while offering convenient access to a variety of amenities.

A well-located office building ensures neither safety nor convenience are up for debate.

Second, an office space should cater to the tenant’s specific requirements through its interior makeup. It should be designed around the tenant’s needs, which includes a variety of flexible workstations and meeting areas that can accommodate a wide range of people. This also means providing the proper, modern-day technology necessary for company performance, which has evolved considerably in the last two decades. Designing a space around tenant needs means that people feel just as comfortable, efficient and productive in the office as they do at home. Great design also helps build teamwork and aids in training and culture development.

When it comes to the office, there’s more than just its internal components that complete the space. Co-tenants that surround the building can either make or break an office. Today’s office tenants seek out an environment that enhances their daily routine and encourages new business connections. Once a tenant steps outside, they seek opportunities for engagement. This may be through alternative meeting places like coffee shops,

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various restaurants and co-location with retailers and service businesses. A walkable and accessible parking solution, hotel options and green spaces are a bonus. An office with strong environmental credentials

BY PHIL is what tenants now FISCHLER prioritize.

Guest Columnist Spaces that possess all of these qualities are what tenants now define as highly desirable and “move-in-ready.” Building owners of properties like these can expect high demand, strong rental rates, and will likely enjoy tenant bidding wars when they come to the market.

According to CoStar data, the Southwest Florida markets have some of the lowest office and industrial vacancy rates in the state, with Downtown Fort Myers seeing an office vacancy rate of 0.9%.

Unfortunately, other office buildings across Lee County don’t meet these criteria and are often the ones left in the dust.

These buildings are typically located in a less desirable areas, where tenants do not necessarily aim to be, or they require substantial renovations or are unfinished.

The demand for spaces like this is virtually non-existent— these buildings are stranded. The hefty price tag and time associated with the finish out or renovation construction creates a challenge for both the tenant and the landlord.

Whether you are the owner of an office building or a tenant seeking a space, a skilled commercial real estate broker, one who is well-versed at creating solutions in this challenging environment, can help you navigate through these demanding times. The team at Fischler Property Company is built to equip clients with the resources and strategic solutions to put them in the best position for growth over the coming decades.

Phil Fischler is the owner of Fischler Property Company, which helps clients make smart decisions around commercial real estate investments, whether they are owners or occupants. Contact him at (239) 895-1060 or pjf@fischlerco.com.

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Page 17

COMMERCIAL REAL ESTATE MARKET A look at commercial real estate trends & topics in Southwest Florida

ANNIVERSARIES Naples Design District, CRA unveil banners to mark city’s centennial

CBIA celebrates excellence at Sand Dollar Awards Gala

The Collier Building Industry Association 2023 Sand Dollar Awards, “Light & Color Gala: A palette of possibilities,” celebrating 33 years of excellence in the construction industry and presented by CBIA’s Sales and Marketing Council, was held Sept. 23 at The RitzCarlton, Naples.

Sand Dollar Awards were presented by co-emcees Corey Lazar and Emma Heaton of WINK News, said The Naples Design District, Southwest Florida’s CBIA Executive Officer Amelia Vasquez said the prespremier creative quarter, and the City of Naples tigious. Special guests in attendance included Florida Community Redevelopment Agency unveiled new Home Builders Association President Frank Severino street banners in time to kick off season. Designed and his wife Heather, and FHBA Political Action Com- (L-R): Corey Lazar, Wilfredo Emanuel, Emma Heato commemorate the City of Naples’ Centennial and mittee Chairman Frank Coppola with his wife Miranda, ton, Kim Schiller, Blanca Vasquez pay homage to the eclectic essence of the Naples Seventy-four companies were recognized with Design District, the new banners will replace the A lookIan.at commercial real including: estateAlltrends in Southwest Florida don Bay; London Bay Development Group; Luna Mar 2023 Sand Dollar Awards, About Clos-& topics old ones that were devastated after Hurricane ets; AV Interior Design; Avila Interior Design; Barron Builders; Lutgert Construction; Manhattan ConstrucThe banners will line the streets in a colorful pattern Collier Companies; BCB Décor; Bennett Interiors; Big tion Co.; McGarvey Custom Homes; Metis Design; along 10th Street South and throughout the neighIsland Builders; Borelli Construction; Broad Avenue Miromar Lakes Beach & Golf; MY Shower Door; borhood, which is located between 5th Avenue South Studios; B-Squared Advertising; BUILD LLC; Build Naples Lamp Shop; Norris Furniture & Interiors; PBS to 7th Avenue North and the east side of U.S. 41 to Magazine; C.R. Smith; Calusa Bay Design; Cardamon Contractors; Premier Sotheby’s International Realty; Goodlette-Frank Road.

Design; Carrie Brigham Design; CGU Homes; Clive Pulte Group; Pulte Homes; Rhett Alexander; Robb “The last set of banners were created in collaboDaniel Home; Collins DuPont Design Group; D.R. & Stucky Furniture & Interiors; Romanza Interior ration with the Digital Media Group at Florida Gulf Horton; deClare Interiors; Del Webb; Diamond Custom Design; Seagate Development Group; Stock Custom Coast University, and spearheaded by the team at Homes; Diana Hall Design; EDGE; Encore Garage; Homes; Stock Development; Stock Luxury Apartment Method & Concept,” said Elizabeth Kurtz-Isbell, EnviroStruct; Floridian Carpentry; Freestyle Interiors; Living; Stock Residences; Stonebreaker Builders; TayNaples Design District president and business develHarwick Homes; Heatherwood Construction; Illumi- lor Morrison; The Lykos Group; The Ronto Group/ oper of Kurtz Homes. “Our new banners will celnated Design; J Sweet Construction; J. Lynn Design Ronto Realty; Theory Design; Vogue Interiors; W Deebrate the City of Naples Centennial year as well as Group; J Sweet Construction; Jinx McDonald Interior sign; Watermark ReDevelopment; Wilfredo Emanuel the breadth and depth of the Naples Design District.

Design; Kalea Bay; KGT Remodeling; Knauf-Koenig Designs, Wilson Creative Group, and Wm. J. Varian After the devastation our neighborhood and city enGroup; KWC Building Luxury; Lennar Homes; Lon- Const. Co. dured from Hurricane Ian, we wanted to honor our community and its rich history by revitalizing our banner designs.”

The new banners will feature historic images Worthington Realty brokered the purchase of, Rosy Tomorrows Heritage Farm was founded from the Naples Depot Museum — the catalyst for Rosy Tomorrows Heritage Farm in North Fort My- by Rose O’Dell King. Over a decade ago, O’Dell settlement where two rival railroads arrived to town ers. Broker Brian Rodgers represented the buyers. King, a former sheep farmer, French Culinary Inin the 1880’s — and modern photos quintessential of The 86-acre property was purchased by long- stitute trained chef, certified Sommelier and food the Naples Design District today. The Naples Design time entrepreneurs and Rosy Tomorrows custom- and wine columnist, wanted healthy, good quality District is currently comprised of well-established ers Rodney and Stacey Poole, who will introduce food for her family. After searching for a year, she locally owned shops, boutiques, restaurants, emergthe concept, Blossom & Brie Farmside Dining & and her husband Gary King found the nearly 100 ing businesses and national brands, and offers locals, Events. Named for its current residents, Blossom acres in North Fort Myers where Rosy Tomorrows seasonal residents and tourists an eclectic mix of art, the donkey family matriarch and Brie the Jersey currently sits. They decided that they could prodesign, style, food and culture. dairy cow, Blossom & Brie will continue the leg- duce food organically, holistically, sustainably, huThe seven different designs will include three acy of farm-side dining, special events and warm manely, and as close to nature as possible on that banners with rotating black and white imagery from land and did so for the past 10 years. hospitality that has delighted guests for years. the last century, and four banners with the neighborhood’s tagline – Art, Dine, Shop, Design. The banner for Art features an image by Amy Moglia Heuerman, owner of Amy Art, which will be moving to a new location on 1st Avenue North. The banner highlighting Dine has a pasta dish from Grappino, an Italian restaurant located on 9th Street North. The banner for Shop includes a designer bag from Audrey’s, Naples’ largest luxury consignment shop located on 5th Avenue North. The banner for Design contains BROKERS ~ ANALYSTS ~ ADVISORS ~ CONSULTANTS an image of The Collective, a catalyst for design inspiration, located on 10th Street South in the heart of 4632 Vincennes Blvd., Ste. 102 ~ Cape Coral, FL 33904 ~ 239 -677-2380 ~ www.cra.us the Naples Design District.

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

ANNIVERSARIES Twin sisters create a legacy of literacy at Immokalee Foundation

By Tamara Boxx

When we think of an anniversary, we don’t necessarily think of a birthday in the traditional “ice cream and cake” sense. However, could anything be better than celebrating the anniversary of the birth of twin sisters, especially when the pair being honored is already giving the gift of literacy?

According to research by ThinkImpact, 66% of 4th-grade children in the U.S. cannot read proficiently, with 21% of adults in the U.S. being nonliterate as of 2023.

Immokalee Foundation students and twin sisters Emili and Abigail are at the tip of the spear, helping to create new pathways to success for the youth of Immokalee by being tutors in the Foundation’s Immokalee Readers program. This proactive approach links high school students with certified teachers. Combined, they support elementary school children struggling to develop their literacy skills.

Last year, 802 elementary school children benefited from the life-changing program.

me so proud.”

But it isn’t just the students who benefit; their parents see the rewards of their child’s growing confidence.

“One of my students happened to see me at the supermarket. She tugged on her parent’s hand and pointed at me,” recalled Abigail. “’That’s my tutor!’ she exclaimed. I could feel the joy and pride in her parents’ smiles as they thanked me for helping their child. That was the moment I knew my calling. I’m meant to help people.”

Tutors like Abigail and Emili directly impact the Immokalee Readers Immokalee Foundation students and twin sisters Emili and Abagail tutor elemen- Program’s outstanding results. An impressive 97% of Immokalee Readers tary school students in the Foundation’s Immokalee Readers Program. students showed growth in their reading For Abigail, her inspiration resulted Immokalee Readers tutor, sister Emili scores last year. from her experience with having a tutor found that tutoring not only impacted her “When I see a student of mine getin elementary school. “My tutor showed students but nurtured her goal to become ting the confidence to read to me or their me that reading could be fun and intro- an educator. friends, I get excited because it shows duced me to books by Junie B. Jones. I “Since I want to become an elemen- that they are learning and growing,” Abiwant to pass that on to students I tutor be- tary school teacher, tutoring allows me gail said. “This experience will shape my cause it sparked my love of learning and to experience being an educator. Seeing future career because I will have more helped me develop new homework skills the joy on a child’s face when they learn confidence in being a leader and speakand study habits.” something new and having the confi- ing to my peers. My legacy is already in Now entering her fourth year as an dence to tell me about their day makes the children I serve.”

ANNIVERSARIES

STORM STORIES

The Terraces celebrates 10th anniversary Residents and staff from The Terraces at Bonita Springs in April celebrated the 10th anniversary of the elegant Mediterranean-styled Life Care retirement community.

Leading up to the celebration, residents from each of The Terraces Life Care sectors participated in anniversary activities. Assisted living residents created floral centerpieces to decorate dining tables at the evening’s anniversary festivities. Meanwhile, residents from throughout the community created a “thumbprint tree” for permanent display to commemorate the community’s 10-year anniversary.

The dining and dancing gala on April 12 also featured reminiscent comments from a “first-day” resident and staff member, both of whom were present when The Terraces opened in 2014. SantaFe Senior Living President and CEO Ron Jennette and Michele

A resident of The Terraces at Bonita Springs leaves their impression on the “Thumb Print Tree.”

Wasserlauf, executive director of The Terraces, also spoke.

The Terraces offers 144 large independent living apartments, 49 assisted living apartment units, and 40 and 18 skilled nursing/memory care assisted living units.

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AFTER IAN: RACHEL PIERCE ART GALLERY

One doesn’t think of art as a perishable good, but when six feet of water flooded Rachel Pierce Art Gallery on Sanibel, the fragility of her products came into focus. “We lost everything,” recalls owner Rachel Pierce.

Valuable artwork for the most part ended up on the curb, though Pierce was surprised by the number of people who logged onto her website to buy Ian-damaged originals. Call it the first sign of the storm’s historical nature, and of the community’s giving spirit.

The building would be the most inconvenient loss. A structure Pierce moved into 10 months prior after a remodel was also destroyed. But when she reopened, it wasn’t just art that wanted to hang there. With working space on the island at a premium, Pierce opened her doors to businesses and charities left without a home. At its busiest, 17 businesses and nonprofits shared the gallery, making it a one-stop locale for the business community to band together and bring island commerce back to life. — JO ®

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NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

ANNIVERSARIES

Homebound marks anniversary with groundbreaking Marking the one-year anniversary of Hurricane Ian, Homebound, the technology-enabled homebuilder, held its first groundbreaking in Fort Myers at a residential property on Hibiscus Drive. The Groundbreaking ceremony was held on Sept. 8, followed by a networking reception and breakfast “This milestone reflects the commitment of Fort Myers Beach to rebuild and emerge even stronger,” said Samir Malviya, vice president of Homebound, “From the start, we’ve been impressed with how collaborative and proactive the local authorities have been, and today, thanks to the entire community’s unwavering support, we are one step closer to getting people back home.”

Homebound officially launched operations in the region in December 2022 to begin working with homeowners and local authorities to support rebuilding efforts. Homebound’s ready-to-build collection of site-built homes includes plans that fit 70% of the lost affected by Hurricane Ian. Homebound Ready Plans allow homeowners to personalize their homes efficiently allowing them

to move back home more quickly and affordably.

Homebound works with each homeowner to navigate insurance claims and facilitate all pre-construction services, permitting, and construction.

Homebound is a next-generation homebuilder founded with technology behind every step of the process. From machine-learning-driven lot acquisition to task automation through design, permitting, and construction to simple e-Commerce functionality for homeowners, the company uses technology behind over 600 steps in building a home to deliver efficiency and customer experiences in homebuilding. The company’s Homeowner Portal gives homeowners transparency and control throughout the process—with a tool to personalize their home, access daily project updates, view and pay bills and communicate seamlessly with their team.

Backed with over $150 million in venture capital from Khosla, Fifth Wall, Thrive, Google Ventures, and Homebound leads say they are on a mission to make it possible for anyone, anywhere, to build a home using technology.

Page 19

STORM STORIES

Ian Debris Quilt by Deborah Zwetsch in mixed media

HURRICANE IAN LOOKBACK

Government representatives applaud progress, predict long-term recovery “When we say ‘long-term recovery,’ it does take a long time to recover,” Lee County Manager Dave Harner told a capacity crowd at the Sep. 27 SanCap Chamber business luncheon at The Sanctuary Golf Club on Sanibel Island.

“There have been a lot of opportunities from the state. That has been wonderful to provide these opportunities for us to move a lot quicker.”

The chamber hosted a panel of government officials to look back since Hurricane Ian struck Southwest Florida and ahead to the future of recovery. Harner, Sanibel City Manager Dana Souza, Lee County Department of Transportation Deputy Director Rob Price and state Rep. Adam Botana, R-Bonita Springs agreed, “thank God for the State of Florida,” as Souza put it.

Price reported on causeway progress, explaining that state measures from the DOT in recent years “are really going to help us moving forward.”

He showed a PowerPoint presentation of measures to fortify the causeway.

“The project is in the late stages of completion,” he said. “They are really starting to intensify the night work that’s happening out there right now. We are doing

“It’s just amazing to see the recovery efforts that have happened,” he said.

“And the other thing I’ll say is that it’s amazing to see the attitudes of the people on the islands.

“We’ve kept our spirits up no matter what we’ve been faced with. People are very optimistic, and we all know we have challenges ahead of us in the next couple of years, but we need to maintain that optimism.”

Harner gave a shout-out to Lee County Visitor & Convention Bureau Executive Director Tamara Pigott and her team for targeting the “loyalists” — tourists Panelists Adam Botana, Dave Harner, and Dana Souza listen as Rob Price pres- who are past fans of the destination — and installing strategic, interactive webents a timeline for the causeway completion phases. cams throughout the county. “It’s really our best to minimize impact. But I don’t debris removal on the islands and pro- important that we continue to educate the want to sugar-coat it. There’s going to viding funding to bridge long wait time public on our community,” he said. be a lot of activity happening in the next to receive Federal Emergency Manage“We have to support the businesses three months.” ment Agency assistance money. that are open,” said Souza. “I want to say His timeline slide showed a Decem“If the state wasn’t involved, we’d be also that we have to support the chamber ber estimated completion of road surfac- having this luncheon on the mainland,” of commerce. ing. He projected reopening of the Punta said Botana.

“We as a community cannot afford to Rassa boat ramp for late 2024 and causeSouza expressed gratitude to Gov. let the chamber of commerce fail on what way islands recreation areas restoration Ron DeSantis for swift bridge repairs their mission is or even be minimized, for late 2027. and power restoration, but also attributed because this recovery is long-term, and Other panelists commended the state the great gains made in the past 364 days the work that they do is critically imporfor its assistance in picking up the tab for to island businesses and residents. tant to this community.”

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Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

Interest rate changes could bring positives and negatives to economy The rise of interest rates can have both positive and negative effects on most businesses, depending on various factors. Here are some potential impacts: 1. Cost of borrowing: businesses often rely on loans and credit to fund their operations, expand their businesses lines or invest in new equipment. When interest rates rise, borrowing becomes more expensive, as the cost of servicing loans increases. This can put financial strain on businesses, particularly those with existing loans or plans for expansion. Higher interest rates may discourage some businesses from taking on new debt or can lead to slower growth.

2. Investment decisions: Higher interest rates can influence the investment decisions of businesses.

When borrowing costs rise, businesses may be more cautious about making large investments or taking on additional debt. This can affect expansion plans, hiring decisions and capital expenditures. Businesses may delay or scale back investment projects until interest rates stabilize, impacting their growth potential.

3. Consumer spending: Rising interest rates can

affect consumer spending habits, which can indirectly impact businesses. When interest rates increase, the cost of borrowing for consumers also rises. This can reduce their disposable income, making them more cautious about spending. Businesses heavily reliant on consumer spending may experience a decline in demand for their products or services, leading to lower sales and revBY JASON enue.

BREWER 4. Competition from larger Guest Columnist businesses: In some cases, rising interest rates may disproportionately affect small businesses compared to larger corporations. Larger businesses often have better access to capital and can negotiate more favorable lending terms. They may be better equipped to absorb the increased costs of borrowing, potentially putting small businesses at a competitive disadvantage.

ANNIVERSARIES Beauty salons put on a brighter face

By Kristin Little Guest Columnist One year ago, our tranquil coastal community nestled close to the barrier islands of Fort Myers Beach, Sanibel, and Captiva was forever altered by the devastating force of Hurricane Ian. In a single day, dreams were shattered, livelihoods upended, and the beauty of paradise was marred by its destructive power.

The aftermath of Hurricane Ian left our cherished beauty community in tatters, with countless salon owners facing the daunting task of rebuilding their lives and dreams from the ground up.

SalonPLEX - Healthpark, deeply embedded in the fabric of this community, understands the heartache and determination that these salon owners have shown in the face of adversity.

As a beacon of hope, we are committed to helping these individuals reclaim their dreams and rebuild their businesses.

Over the past year, we have witnessed the unwavering resilience of our local beauty professionals. Despite the devastating setback, their dedication to their craft and their clients remains unshaken. It is this indomitable spirit that

5. Savings and investments: On the flip side, higher interest rates can benefit businesses that have surplus funds or engage in conservative investment strategies. Increased interest rates can lead to higher returns on savings accounts, certificates of deposit and other fixed-income investments. Businesses that have saved or invested in these types of assets may benefit from higher interest income.

The impact of interest rate changes on any businesses can vary depending on overall economic conditions, industry-specific factors, and individual business circumstances. It’s always advisable for business owners to monitor interest rate trends, assess their financial position and consult with financial professionals to understand the specific implications for their business.

Jason Brewer has worked in the banking and financial services industry for over 25 years, holding senior-level positions in wealth management, commercial real estate, and commercial banking. Contact (239)300-5574 or Jason.Brewer@SeacoastBank.com

AFTER IAN: FORT MYERS BREWING COMPANY

has inspired us to take action.

SalonPLEX - Healthpark has initiated a comprehensive program to aid salon owners on their path to recovery to Rebuild Their Dream. Our commitment encompasses both rent support and business guidance. We have established a private fund to provide rent support to salon owners who lost everything in the wake of the hurricane.

This fund will allow SalonPLEX the flexibility to offer special pricing on our salon suite rents in this location, for salon owners and professionals who lost everything.

Moreover, our team of experts is ready to offer guidance on rebuilding business structures, marketing strategies, and navigating the rebuilding path, ensuring that salon owners have every resource they need to successfully rebuild.

At SalonPLEX - Healthpark, we firmly believe in the power of community and unity. Together, we can help our salon owners rise again and reclaim their dreams.

Kristin Little is the Chief Operations Officer – SalonPLEX. Learn more at www.salonplex.net. Contact her at kristin@salonplex.net or (239) 919-7539.

Hurricane Ian blew power for days at Fort Myers Brewing Company’s taproom. More shocking, the storm shut down countless retail partners. “We don’t send beer to all pockets of the state,” said co-founder Jen Whyte. “We distribute in our backyard.”

But Rob Whyte, her husband and co-founder, decided neighbors needed service more than alcohol to recover. Watching news reports of people sifting through wreckage in days old clothes, their entire wardrobes soiled or destroyed, he saw a need. He went to the garage and converted the company food truck into a mobile laundromat.

“It was a pretty easy setup. We had a propane tank and an instant water heater,” Rob said. He loaded the truck first with appliances from a local store, then with Whirlpool commercial units donated when the corporation got wind of the work.

Over three months, Rob estimates he churned through 20 to 30 loads a day, often sharing a case of beer with those who wanted to share their tale. “People stuck in trees for hours, one guy floating away on a jetski that broke down at the height of the storm. Just hundreds of stories,” he recalled. — JO

ART PAGE 1 their experiences during and after the storm. Those collected stories have been compiled into a printed book, available for purchase at AFTA during the month of September. The book contains 80 stories of survival, loss, heroism, humanity and resilience by victims of Hurricane Ian. “During September, AFTA is recognizing the resilience and spirit of Lee County and Southwest Florida in rebounding and recovering as a community,” said executive director Molly

Rowan-Deckart. “This month-long exhibition of visual, oral and written histories of peoples’ experiences during the devastating storm demonstrates the healing power of the arts as the community comes back strong.”

The exhibition culminated in a closing reception on the anniversary of Hurricane Ian’s landfall on Sept. 28. Artists, sponsors and writers from the Storm Stories book attended, with opening remarks from Rowan-Deckart. Christar Damiano and Stephanie Niles of Christar Healing Hands performed a healing sound bath featuring crystal bowls in the gallery.

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NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

Page 21

ANNIVERSARIES

STORM STORIES

A lot (but not everything) has changed in 65 years When my grandfather Don Wynn founded Sunshine Ace Hardware in 1958, there was just a single location in Naples. Back then, there was no online ordering or curbside pickup. You went inside the store to grab what you needed, and you didn’t have to fight traffic to get there.

Today, we are one of Florida’s largest familyowned home improvement retailers, with 12 stores under the Sunshine Ace umbrella.

Much has changed in 65 years, but for Sunshine Ace Hardware, much has stayed the same. The core values that have defined the company since Day One – Care for your Neighbor, Deliver Sunshine, Build Honest Relationships – are still the driving forces that guide associate and customer interactions.

The customer experience is still the key differentiator at Sunshine Ace. When our neighbors visit a store, they are immediately greeted with a smile. All associates must earn “Helpful Certification” as part of their retail training curriculum.

Community engagement remains a priority for the Wynn family. Sunshine Ace Hardware has raised nearly $300,000 for Children’s Miracle Network since declaring the nonprofit as its primary charitable partner three years ago. That’s in addition to supporting Captains for Clean Water, United Way, NCH’s Heart

Institute, Rotary, first responders and other causes.

Through the years and as the company grew, my grandfather was adamant that our business put people before profit. He believed if we put our team members first, they in turn would provide exceptional service to our customers and the business would thrive. Today, a friendly associate is always near and ready to provide helpBY MICHAEL ful advice. We continue to stock WYNN a wide variety of premier brands Guest Columnist requested by both contractors and DIYers. New stores continue to open to better serve our customers with convenient locations.

Since we opened in 1958, Sunshine Ace Hardware has been known as the place with the helpful hardware folks. Some things will never change.

Michael Wynn is president of Sunshine Ace Hardware, a family-owned home improvement retailer that serves DIYers and contractors across Southwest Florida. For more information, please visit SunshineAce.com.

Fragile Paradise by Pat St. Onge in mixed media

ANNIVERSARIES Offshore Sailing School kicks off its 60th year Offshore Sailing School President and CEO Doris Colgate announced several major initiatives to kick off a year-long celebration of the company’s 60th Anniversary.

“We’re hosting a media reception on the first night of the 2023 U.S. Sailboat Show in Annapolis, MD, on October 12, and this is the perfect opportunity to share our many exciting plans for the coming year,” Colgate said.

“We are thrilled to announce that we are opening a new location in Key West, Florida! Starting January 2024, we’ll have Colgate 26s and a new 40-foot catamaran available for US Sailing certification courses from Stock Island Yacht Club & Marina.”

In addition to the new location in Key West, the company has added a new Boat Handling & Docking course, offering Offshore Sailing School graduates and experienced sailors the opportunity to increase their skills and confidence with big boat maneuvering and docking aboard 40-50-foot catamaran and monohull yachts. This course will also satisfy clients’ desire to obtain U.S. Sailing Catamaran endorsement if they originally learned to bareboat charter aboard a monohull.

The company will host four new Colgate Sailing Adventures flotilla vacations for its graduates and other experienced sailors in 2024 and already has three more new destinations set up for 2025. Colgate Sailing Adventures Flotilla Cruise locations in 2024-2025 include Belize, the Greek Islands, Sicily, Italy, Croatia, St. Martin and St. Lucia.

Winners of Offshore Sailing School’s 60th Anniversary Contest were selected by three esteemed judges. Herb McCormick, award-winning journalist and author of OFFSHORE High, the biography about Steve and Doris Colgate

Don’t forget to post your in-person and virtual event on our B2B events calendar at www.swfloridabusinesstoday.com/calendar and Offshore Sailing School; Theresa Nicholson, senior editor of Cruising World magazine; and Norwood Smith, vice president and director of sales and marketing for Mainsail Development (a resort developer, owner and management company with hotels such as, Scrub Island Resort, The Luminary Hotel & Co. and Epicurean Hotels) unanimously chose Michelle Little’s submission, “Still Looking On,” as the Grand Prize winner of The Moorings charter vacation and Scrub Island Resort, Spa & Marina, BVI, gift certificate. Over twenty photographs and essays were submitted

by Offshore Sailing School graduates and participants of Colgate Sailing Adventures flotilla vacations, outlining how learning to sail with Offshore Sailing School changed and impacted their lives.

Offshore Sailing School is located on Presidential Court in Fort Myers. The school offers every level of U.S. Sailing and Powerboating certification courses on Captiva Island, St. Petersburg and Key West in Florida and on Scrub Island and Tortola in the British Virgin Islands.

To support Offshore Sailing School’s continued growth, the company has hired new instructors, a new maintenance manager, more sales associates, added an Operations Coordinator, and promoted several internal directors. The school has graduated more than 160,000 adults and families through its sailing, racing, bareboat cruising, navigation and passage making courses.

AFTER IAN: BIG JOHN’S PLAZA Elmer Tabor grew up in Cape Coral and is the owner of Big John’s Plaza in downtown Cape Coral. The plaza sustained major damage.

Tabor shared, “I’ve got 21 tenants--I have never seen 21 businesses get together and work and help and support each other the way they have.

“The majority of the tenants, when there’s an issue that comes up, they don’t even want to bother me because of what I’m dealing with. But they’re dealing with issues obviously and I’m working to get them fixed and that kind of thing, but they’ve been really, really, really patient under the conditions. It’s just been unbelievable.”

He continued, “I was waiting for the stress level to hit and all of them fall apart and you know, there were some little bumps, but you know what I’m saying. How they helped each other has been amazing. They had their losses too and then they turned it into, “OK, how are we gonna get this done?” — KM

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Southwest Florida BUSINESS TODAY ®

HURRICANE IAN LOOKBACK

Making lemonades from lemons post-Ian We passed the anniversary of Hurricane Ian’s landfall, the once-in-a-century storm that hit Southwest Florida. Initially, it seemed nearly impossible that we would be able to recover and rebuild.

Yet a year later, with the support of thousands of people, millions of dollars in donations and governmental assistance our area is rebuilding.

Witnessing neighbors helping friends, family and even strangers get through to the other side of recovery has transformed our hearts and minds forever.

We are grateful to be part of a community that is so resilient!

BY LUCY Although there is more work COSTA to do, there is a sense of optiGuest Columnist mism and hope as businesses and restaurants reopen, seasonal residents return and vacationers still enjoy the beauty and fun attractions our area offers.

At Promotional Incentives, we faced our own challenges as flooding and wind damage to our house and home/office resulted in a massive cleanup and rebuilding for most of the year.

Heroes helped us and we made lemonade from lemons by donating a majority of our sample collection to our non-profit friends.

As we enter our 34th year in business, I want to take this opportunity to thank you for your support. We look forward to an even brighter future with our customers, business partners, family and friends.

Lucy Costa is president of Promotional Incentive.

Contact lucy@promotionalincentives.com or (239) 850-0437.

NOVEMBER 2023

CVB announces 2023 Tourism Star Awards recipients The Naples, Marco Island, Everglades Convention & Visitors Bureau announced winners of the 2023 Tourism Star Awards.

The annual awards event, held at the Naples Grande Beach Resort on Oct. 12, recognized the top talent within the hospitality and tourism industry in Florida’s Paradise Coast.

Three Executive Director awards were presented this year to recognize outstanding industry leaders in three categories, Legacy Award, Partnership Award and Centennial Legend Award.

The nominations were reviewed, and winners selected by a panel of independent judges from within the community.

“The annual Tourism Star Awards event gives everyone in the hospitality and tourism industry within Collier County the opportunity to recognize the superstars that create and deliver the experiences that keep our visitors coming back to Florida’s Paradise Coast year after year,” said Paul Beirnes, executive director of the Naples, Marco Island, Everglades CVB. “Every day presents an opportunity to provide our visitors with the experience of a lifetime whether it is defined by excellent culinary offerings, exciting outdoor adventures, outstanding cultural experiences, the magic of a beachfront sunset or the perfect night’s sleep in world-class accommodations. I tip my hat to all the teams across Collier County whose efforts and

dedication have made us the award-winning destination that we are.”

The winners of the 2023 Tourism Star Awards are: • Arts & Culture Award: Team Members at Naples Botanical Garden • Eco Adventure Award: Steve Wooley/Naples Transportation & Tours • Restaurant Service Award: Charles Montas/ J.W. Marriott Marco Island Beach Resort • Culinary Innovation Award: Fogg Café Team Members/Naples Botanical Garden • Hospitality Award – Front of House/Full Service Hotel & Resort: Stephanie Roman, Hilton Naples • Hospitality Award – Heart of House/Full Service Hotel & Resort: Walter Hurtado, Inn on Fifth • Hospitality Award – Front of House/Select Service Accommodation: Rocio Yescas, Springhill Suites/Fairfield Inn & Suites, Naples • Rising Star Award: Kelly Toncray, The RitzCarlton Naples, Tiburón • Tourism Leadership Award: Jenny Piccione, The Ritz-Carlton Naples, Tiburón • Executive Director’s Partnership Award: PURE Florida • Tourism Legacy Award: Clark Hill, Hilton Naples • Centennial Legend Award: Clyde & Niki Butcher/Big Cypress Gallery

ANNIVERSARIES

Local Habitat for Humanity achieves most impactful year Habitat for Humanity of Lee and Hendry Counties announces its most impactful year in the organization’s 40-year history, having served a record 1,687 families through affordable homeownership, housing counseling, hurricane recovery services and home repairs.

During its 2022-2023 fiscal year, the organization served 66 families through affordable homeownership, marking a significant increase from the 45 homes provided the previous year. Habitat also

provided 1,063 local families with the opportunity to improve their housing conditions through its housing counseling program.

In the aftermath of Hurricane Ian, Habitat for Humanity launched a dedicated Hurricane Recovery Home Repair program to help low-income homeowners rebuild after the storm. Through this initiative, they were able to offer extensive repairs,

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Sanibel City Manager Dana Souza noted, “Our property values following Hurricane Ian have dropped 34%. That’s over $2 billion in property values. The biggest hit is in the condo market where we lost over 70% of the value in condominium properties. I can’t tell you what that does to a city budget.”

Lee County Commission Chair Brian Hamman weighed in on the hurricane’s financial impact. “Countywide last year, we saw new construction add about $3 billion to our tax base, but Hurricane Ian wiped $9.5 billion from the tax base,” he said. “So we actually netted a $6.5 billion negative tax base for the year, which is unheard of in Lee County’s history because we’ve always been such a fast growing community.”

Addressing what the county is doing today towards recovery, Lee County Manager Dave Harner noted, “I think all of you feel the pain when your house is damaged and you’re waiting for your insurance, and we have the same thing.

We’re waiting for insurance money and we’re waiting for FEMA. We have about 406 facilities damaged, which equates to about 121 projects around the county.

That’s a lot of work and you have to go through a process to get that approved to get fixed.”

Collier County Manager Amy Patterson noted: “It’s a sort of a tale of two storms in Collier County.”

She stated, “As a testament to the Florida building code and Collier County’s adherence to that building code, we have a lot structures that did incredibly well. However, there were some other areas of the county that were just beginning that transition, being replaced with elevations. And in those areas are where a lot of our workforce lived. Also, as far

HABITAT See page 23

as their positioning off of the coast, they were not ones that would have come to your mind automatically as being subject to such extreme storm surge, but the surge managed to push its way up through these waterways and a lot of these homes experienced significant flooding, upwards of 6 feet of water in their homes.

“So we find that an entire segment of our population has been displaced and the question has come about, ‘What’s going to happen?’ because a lot of them won’t be allowed to build back.”

She concluded, “We are one storm away from where another segment of our workforce population could or would have been affected. So as we move forward, it’s one of the things that is very important to really think about because without a thriving workforce we will have challenges beyond what anybody can imagine.”

Pigott painted a realistic picture for the future of rebuilding on the Lee County islands. “Our economy on these islands has been driven by tourism. And if we do not allow these properties to re-build and our businesses come back to the community, our recovery will be delayed.”

She continued, “I know it’s a mixed bag. We want the little cottages we had.

No change. But realistically, what we had is not sustainable. If we could re-build it back the way it was, if we could literally recreate exactly what we had, we’re going to have water in our units every single time there’s a storm.

“And we have to be honest and open and realistic about what we can and can’t do. We will either continue to be a tourism community in Lee County or we won’t. But I remind you that what drives your economy here, what has historically driven our economy, is tourism. So, if we don’t go down that path, if we reject that path of development, we’re going to have a different community, a very different community.”

NOVEMBER 2023

Southwest Florida BUSINESS TODAY ®

ANNIVERSARIES

Broadway Palm celebrates 30 years of family business, arts and community Broadway Palm Dinner Theatre is celebrating its 30th anniversary, marking over three decades of Broadway-caliber performances, exceptional service and community impact.

Broadway Palm is a familyowned and -operated dinner theatre co-founded by Will Prather and his parents, Debbie and the late Tom Prather, who founded the Dutch Apple Dinner Theatre in Lancaster, Pennsylvania in 1987. Six years later, the Prather family opened Broadway Palm Dinner Theatre in Fort Myers. Breathing new life into an old Publix, Broadway Palm made its debut in October 1993, transforming a 36,000-square-foot space into Fort Myers’ first dinner theatre company.

“Broadway Palm has been a dream come true for me and my family,” said Will Prather, owner and executive producer of Prather Productions. “We started with a vision of bringing a unique dining and entertainment experience to Fort Myers, and we have been blessed with the opportunity to do so for 30 years. We are grateful to our loyal patrons, talented staff and performers, and supportive community for making this milestone possible.”

Now a second-generation business, the premier dinner theatre has grown substantially through Prather Productions. The family production company runs Broadway Palm Dinner Theatre, Dutch Apple Din-

ner Theatre and Prather Touring, an international touring division that brings productions across the world.

The combined companies entertain half a million guests annually and employ over 300 people, reaching audiences far and wide. Producing popular musicals like The Wizard of Oz, Chicago and Hairspray, the company’s touring arm expanded Broadway Palm’s reach and reputation.

Broadway Palm stands as a testament to the Prather family’s vision and hard work, becoming a cornerstone for the region’s arts and culture scene. The theatre entertains over 170,000 guests annually and employs 175 people. The venue boasts a 382seat dinner theatre, an 86-seat black box theatre, a dining room, a meeting room and gallery space. Each year, the theatre produces more than eight main stage shows, four children’s productions and more than 200 business meetings, seminars, fundraisers and special events.

It also served as an anchor in the community through challenging times, providing food, water and essential supplies during the Covid-19 pandemic, as well as Hurricanes Irma and Ian. Broadway Palm remains dedicated to its mission to give back and entertain through a shared love of live theatre. To commemorate its 30th anniversary, Broadway Palm kicked off with Hairspray, Broadway Palm’s biggest national show to date.

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HABITAT PAGE 22

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including roof repair, siding, drywall, painting, windows, doors and more.

Habitat took its commitment a step further by offering hurricane consultation and resource services, serving more than 880 individuals. The organization utilized hurricane resource sites to provide an array of immediate services to both Habitat homeowners and the public. Additionally, Habitat distributed home preservation and safety items, such as roofing kits, cleaning supplies, food, water and toiletry items.

Recognizing the unique nature of each family’s situation, Habitat’s primary focus remained on helping families navigate their circumstances. To date, this has led to the completion of 35 Hurricane Recovery Home Repairs, along with more than 100 projects that are in progress.

“Habitat for Humanity extends its

heartfelt gratitude to each and every individual, organization and volunteer who has played a vital role in our mission to provide affordable housing solutions this past year,” said Becky Lucas, CEO of Habitat for Humanity of Lee and Hendry Counties. “Together, we provided safe and affordable homes while rebuilding our community and restoring faith in the face of adversity.”

Due to significant hurricane damage, Habitat for Humanity lost its Fort Myers headquarters and North Fort Myers ReStore. Impacts from the storm also led to supply and permitting issues, temporarily affecting the organization’s ability to build. Despite these challenges, and amid Southwest Florida’s affordable housing crisis, Habitat maintained its commitment to building all 66 homes for families counting on their support.

AFTER IAN: CHENEY BROTHERS

Cheney Brothers has served the Southeastern United States and the world since 1925. In 2015 the company opened its doors in Punta Gorda. Much more than a business leader, the company believes in supporting its local community.

When Hurricane Ian hit our shores, the Cheney Brothers location luckily sustained minimal damage, according to company President Shane Simmons.

“We dispatched quite a few of our employees to go out and help the community,” Simmons stated. But there’s more. He continued, “Since we’re a food distributor, many of our clients are restaurants, who, in this area, were obviously not open at the time.”

He shared, “We had all this food that wasn’t going to be used. What better way to use it than to help the community? For two weeks, our team prepared food with equipment on our premises and we served 5,000 boxed meals per day to the Sheriff’s Department, other first responders and the general community.

It was the right thing to do.” — KM

flowing with Possibilities

Population of Almost 200,000 Work-Life Balance at its Best

Ideally situated on the southwest coast of Florida, Cape Coral ranks as the best place to live, and start or relocate a business.

Safe and Affordable Low Cost of Living

Cape Coral ranked as one of the safest cities in Florida, with no state income tax and low sales tax.

75 F Average Annual Temperature

266 Days of Sunshine a Year Cape Coral offers more than 400 miles of canals and year-round outdoor activities like biking, fishing, and boating.

Business Friendly

Economic Incentives for Businesses

City-owned properties and financial incentives are available, with vacancy rates for office and light industrial less than 1%.

Cape Coral Economic and Business Development 239.574.0443 | www.CapeCoral.gov/EDO

Page 24

Southwest Florida BUSINESS TODAY ®

NOVEMBER 2023

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