JUNE 14 - JUNE 20, 2024 | THREE DOLL ARS
FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E
Development | Sarasota hotel plays up circus theme in major renovation. PG.3 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
Legacy Builder
The new president of a high-end homebuilder in an uber high-end market grapples with a sticky challenge: high costs. PAGE 12
inside: BANKING & FINANCE
Keep it Going
Texas-based American Momentum Bank, through a division in Tampa, seeks to gain market share in community association banking. PAGE 7
BANKING & FINANCE
Big Exposure
A new report sheds doubt on the ability of big banks, including a few in Florida, to withstand a forthcoming commercial real estate loan crisis. PAGE 8
DEVELOPMENT
Center Court
Longtime Sarasota developer, focusing on a U.S. Post office building, believes he can deliver a long-sought convention center to downtown Sarasota. PAGE 10
HOSPITALITY
On Tap
Once fast-growing Clearwaterbased brewer and distiller is fighting issues on several fronts, from landlords to investor lawsuits. PAGE 16
REAL ESTATE Work begins at Polk County industrial complex. 17 Pinellas County shopping center sold for $7.5 million. 17
DON’T MISS
Sarasota cuts EDC funding. PAGE 5
David Gordon|KURTZ HOMES NAPLES, PRESIDENT
PHOTO BY STEFANIA PIFFERI
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