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Business Observer 2.14.25

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FEBRUARY 14 - FEBRUARY 20, 2025 | THREE DOLL ARS

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

Strategies | Tervis exits bankruptcy with vigor — and new products to sell. 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

Beach Battle Developers behind a nearly $1 billion waterfront resort project are grappling with wellfinanced opposition. PAGE 10

STEFANIA PIFFERI

A new 12-hole golf course replaces the one destroyed during Hurricane Ian at the South Seas resort on Captiva. Right: GREG SPENCER, CEO of Timbers Co., at the site of Captiva Landing, a new waterpark under construction at the South Seas resort on Captiva.

HEALTH CARE

LEADERSHIP

TOURISM

DEVELOPMENT

Heads in Beds

Building Blocks

On the Block

Nice Save

The Gulf Coast Builders Exchange has a new executive director for the first time in 15 years, with the retirement of Mary Dougherty. PAGE 9

DON’T MISS:

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Executives with Allegiant Travel Co. say there is significant interest in potential buyers for its Sunseeker Resort project in Charlotte County. PAGE 12

A Sarasota ent repreneur joined forces with a community foundation and others to preserve a key part of Black history in the city. PAGE 13

Sarasota County buys Venice land for $1.3M. 14 St. Pete YMCA sells 4.5acre site for $12M. 14

Thanks a latte: Longboat to get a Starbucks. 438644-1

A surge in hospital and health care construction and expansion across the region is well underway, with more than $1.7 billion in projects. PAGE 7

REAL ESTATE

NAVIGATING BUSINESS ACQUISITIONS IN SARASOTA: A GUIDE FOR BUYERS


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