JUNE 7 - JUNE 13, 2024 | THREE DOLL ARS
FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E
Manufacturing | Company puts its stamp on the future by constant reinvention. PG.7 PASCO • H ILL SBOROUG H • PIN ELL AS • P OLK • M A N ATEE • SA R ASOTA • C H A R LOT TE • LEE • COLLIER
FIVE STAR Succession plans, both in theory and execution, can be full of minefields. A pair of longtime hospitality industry entrepreneurs believe they have the right successors in place. PAGES 10-11
inside: COMPANIES
Bovine Bid
The Hoffmann Family of Cos., a Naples-based business conglomerate, has won an auction to purchase an Illinois dairy farm out of bankruptcy. PAGE 5
DEVELOPMENT
Waiting Game
A New Jersey developer, on a project dating back 10 years on the site of the Legacy Harbour Marina Hotel in Fort Myers, seeks more time from the city. PAGE 6
DATA SNAPSHOT
Come Back
The Sarasota-Bradenton region leads the nation in reverse brain-drain, or luring collegeeducated people to move to town. PAGE 6
INSURANCE
Home Front
New condo rules in Florida, designed to improve older buildings, are also complicating an already costly and challenging marketplace. PAGE 12
REAL ESTATE Fort Myers industrial park construction underway. 13 Babcock Ranch surpasses major sales milestone. 13
DON’T MISS John Horne and Eleni Sokos| OYSTERS ROCK HOSPITALITY
Why it’s OK to be vulnerable. PAGE 3
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MAKING FLORIDA YOUR NEW “HOME” How to Ensure Florida is Deemed Your Domicile See Page 3