Business Observer 12.12.25

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DECEMBER 12, 2025 - DECEMBER 18, 2025 | THREE DOLLARS

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

Sky high | Developer’s plan for Tampa’s tallest tower faces multiple challenges. PG.8 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

The Shipping News Marine industry executive deftly manages rapid growth in an opportunistic, acquisition-hungry business — with more deals on the horizon. PAGE 10.

JENNY GEZELLA | President, Hoffmann Marine

STEFANIA PIFFERI

RESIDENTIAL REAL ESTATE

DEVELOPMENT

Cool Off

Creative Process

Four housing markets in the region are among the leading 10 nationally in yearover-year price declines. PAGE 5

REAL ESTATE

An entrepreneurial St. Pete family asks the community for input on how to develop a 28-acre parcel it controls. PAGE 7

Nashville investor buys Fort Myers medical office for $13 million. 14

COMMERCIAL REAL ESTATE

COMMERCIAL REAL ESTATE

Paper Weight

Growth Mode

Residents begin to move into downtown St. Pete luxury condo tower. 14

A plan to build a new records storage facility for the Sarasota County Clerk’s office (right) moves forward. PAGE 6

Tampa shopping center sells for $10.5 million. 14

PAGE

3 Manatee OKs $50M gas conversion project.

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DON’T MISS:

The developer behind a $15 million warehouse in Charlotte County brings a unique background to the project. PAGE 12

TECHNOLOGY, THE COMPANY HOLIDAY PARTY, AND AVOIDING THE NAUGHTY LIST SEE PAGE 3


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