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Business Observer 12.6.24

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DECEMBER 6 - DECEMBER 12, 2024 | THREE DOLL ARS

FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E

M&A | St. Pete engineering president reenergized with company’s new owner. 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

OFF THE RACK Tampa entrepreneur, by way of France, builds $5 million retail resale business with a mix of classic and high-tech strategies. PAGE 10

inside DATA SNAPSHOT

Leader of the Pack

If it’s not already clear from the out-ofstate license plates all over the region, a national population report cements it: Florida leads the nation in net migration. PAGE 6

DEVELOPMENT

Play that Tune

The Margaritaville Beach Resort Fort Myers Beach (below) is celebrating both its first birthday and a key decision for resilient construction. PAGE 7

ADVICE

Successful Succession

Despite some daunting statistics on the failure rate of third-generation family businesses, there are steps companies can take to make it work for the long term. PAGE 15

REAL ESTATE Downtown Lakeland office building sold for $6.5 million 14 Publix-anchored center in south Sarasota County sold for $20.4 million. 14

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DON’T MISS 3

Noted St. Armands Circle eatery shuts its doors.

CATHERINE ANSEL | Couture USA

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PHOTO BY MARK WEMPLE

IMPORTANT PROVISIONS OF HOME CONSTRUCTION CONTRACTS See Page 3


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