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Business Observer 6.26.26

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JUNE 26, 2026 - JULY 2, 2026 | THREE DOLLARS

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

Sweet dreams | Chocolatier with rich global history expands in the region. PG.5 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

DATA PLAN The region and state are on the cusp of a boom in developer-led, AI-infused data centers, including some multibilliondollar proposals. Resistance, however, is on the rise. PAGE 10

JON BROWN | CEO, DCIP Group

MARK WEMPLE

DATA SNAPSHOT

DEVELOPMENT

Off the Grid

Almost Done

Participation in the food stamp program is on the decline in the region, according to a new report. PAGE 6

Midtown at Bonita in Lee County (left) announces new tenants and prepares to open to the public. PAGE 8

RETAIL

DEVELOPMENT

Slap shot

No Sure Thing

Experienced ice hockey rink developer moves ahead on an $80 million Manatee County project. PAGE 7

Former Clearwater hotel site sold for $2.1M. 14 Detroit investor buys Venice grocery property for $15 million. 14 SWFL broker sells team, switches firms. 14

PAGE

15 DeSantis vs. DeSantis and the power of incentives.

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DON’T MISS:

Developer seeks to bring Shore restaurant back to St. Armands Circle in Sarasota. PAGE 12

REAL ESTATE

ARE COMMERCIAL REAL ESTATE VALUES GOING UP OR DOWN?

SEE PAGE 3


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