Business Observer 3.19.21

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MARCH 19 - MARCH 25, 2021 | THREE DOLL ARS MARCH 20, 2020 - MARCH 26, 2020 | BUSINESS OBSERVER

BusinessObserverFL.com

1B

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

Top 50 | The largest contractors in the region, ranked by 2020 revenue. INSIDE

TOP50

CONTRACTORS

The largest contractors in the region, ranked by 2020 revenue. 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

COOL DOWN B & I Contractors nears $150 million in annual revenue after a five-year growth surge, with more on the way. SEE PAGE 10. SPECIAL ISSUE: CONTRACTORS

GARY GRIFFIN | B&I CONTRACTORS

STEFANIA PIFFERI

LEADERSHIP

IN FOCUS

COMMERCIAL REAL ESTATE

Pandemic Winners

The Apprentice

Big Dividends

The Ferman Motor Car Co. came out on top in the past year. Its leader shares keys to its longterm success. PAGE 5

Naples plumbing business moves aggressively to solve the industrywide labor shortage issue. PAGE 7

The Quay project in Sarasota looked like a gamble when it was purchased in 2014, but it’s coming out a winner. PAGE 12

RETAIL

IN FOCUS

COMMERCIAL REAL ESTATE

Up in Smoke

Safe Space

Midtown Boomtown

Florida is now the third-largest state for marijuana sales. It’s bringing loads of industry jobs with it. PAGE 6

As work nears completion on Midtown Tampa, it’s attracting a large share of brick-and-mortar retailers. PAGE 14

Water Street Tampa wins Landmark Development Project award. 12 Meridian office building sells for $35.8 million. 13 Venice retail center sells for $11.5 million. 13

PAGE

15 Cut through the noise to reach every employee. SELLING YOUR BUSINESS? Know the Pros of a Third-Party Sale 353993-1

DON’T MISS

A builder committed early on in the pandemic to creating a safe-as-can-be worksite — efforts that paid off. PAGE 8

REAL ESTATE

See Page 3


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