A look at commercial real estate trends & topics in Southwest Florida ®
Celebrating 19 Years
BY LOCAL BUSINESS OWNERS, FOR LOCAL BUSINESS OWNERS SINCE 2007 • 239-573-9732
Vol. 19, No. 3 / JANUARY 2026 www.swfloridabusinesstoday.com
Distributed in Fort Myers, Cape Coral, Estero, Bonita Springs and Naples
INSIDE THIS ISSUE
TAKE ONE
FOLLOW SOUTHWEST FLORIDA BUSINESS TODAY® ON:
Affordable housing rises up under Live Local Act
Submitted by Karen P. Moore, Publisher Special to SWFBT
torney at Barbas Cremer; Chris Shear, president of McDowell Housing Partners, developer of the Ekos brand of affordable and workforce communities in Naples and Fort Myers; and Michael Allan, president of ReVital Development Group, developer of the Hermosa affordable housing brand in North Fort Myers and Fort Myers.
nents to Live Local: the preemption component, which is what’s being discussed today; the missing middle tax component, which ultimately hasn’t worked very well; then what I’ll call traditional affordable housing finance. He went on, “Live Local was the biggest funding of affordable housing in the state’s history. Unfortunately, that has kind of been lost in all the hand wringing about the preemption piece.”
COMMERCIAL REAL ESTATE MAR Commercial Real Estate
SWFBT’s annual edition is a comprehensive overview of the SWFL market’s plans, projects and partnerships.
The Live Local Act has been significantly updated with legislative changes that now explicitly include Planned Unit Developments as eligible zoning and clearer definitions of commercial use. I recently attended a panel discussion hosted by a local commercial real estate organization and featuring: Jacob Cremer, managing partner and at-
A look at commercial real estate trends & topics in Southwest Overview Cremer “set the stage” for the discussion. “There were three compo-
HOUSING See page 15
COMMERCIAL REAL ESTATE Save the Date
The 38th annual international Edison Awards which honors innovation and innovators who create positive impact in the world will be held April 15-16, 2026, in Fort Myers. For more information, visit www.edisonawards.com. Sign with us,
(239) 368-1219 cepride.com billstaggs@offi
32
INSIDE THIS
LEE COUNTY HOSTED
ISSUE
FLORIDA ON: FOLLOW SOUTHWEST BUSINESS TODAY®
TAKE ONE
Coral, Fort Myers, Cape Distributed in Springs and Naples Estero, Bonita
/ OCTOBER 2019 Vol. 12 No. 12 sinesstoday.com www.swfloridabu
US!
janitorial services work • Provides quality hard honesty, integrity, • Committed to month free get your 4th
11 Years
ACE • 239-573-97
B2B MARKETPL
T FLORIDA’S
CLEANING TO
LEAVE THE
® Celebrating
SOUTHWES
IONAL TRADE SUMMIT
2019 INTERNAT
s and Salute to Entrepreneur solo practitioners
Startups, of the economy visionaries fuel Southwest Florida.
Brady Photos by Christine trade to the Southof international about the importance Development offices. Buqueras talks Economic Director Carlos the Lee County first-ever stop at Port Manatee Executive during the Port’s west Florida market
visit Fort an businesses South Americ
Estate Commercial Real 8-page pullout
A comprehensive a quarterly Southsection that is Real Eswest Florida Commercial
IN THE NEWS
to
Dave Gammon elevated Charlotte EDO director
Myers
Special to SWFBT
tate market overview.
in the wake of Charlotte County, joinLucienne Pears former director Partners at Babcock ing Kitson and former Business Ranch, elevated and interim Recruitment Supervisor to executive director Dave Gammon Economic Developdirector of the ment Office. face in reGammon is a familiar he development as gional economic three years with his has proven in EDO. Charlotte County continue leading to He is excited like developments several existing GAMMON See page
Florida to communities in second one of four host as part of the Lee County was from seven countries welcome companiesTrade Summit. Manatee, annual International International Trade Hub at Port Fort Lauseries visited Organized by The Business opportunity a and Tampa for one day the 2019 Global Bradenton/Sarasot derdale, Fort Myers,to 29. 26 Office, Southwest each from Aug. ReEconomic Development and the Southwest The Lee County Chamber of Commerce the event, which Florida Hispanic Association co-hosted gional Manufacturers Gulf Railway. Chile, Colombia, was sponsored Seminole from Argentina, other locales International companies Spain, Peru and Mexico, goods, apparel, artisanal El Salvador, Guatemala, food, coffee, fruits, cooking systems featured wine, snack and state-of-the-art to merchandise companies Lee County industryof founded as part summit showcases during the summit. Hub at Port Manatee, and An expo-style from seven nations Trade in markets Florida and business leaders visiting Summit. The International International Trade advice as a vital link between provides expert See page 6 the second annual in 2014, serves world. The hub TRADE throughout the
NEURS
SALUTE TO ENTREPRE for growthand Intermediary ss Advisors poised Proa Certified Business Mergers & Acquisitions transaction experiEdison Busine the IBBA ap- Certified designations from ence totaling partner and
19
Privacy & Cyber Security Forum announced
& Cyber SeA special Privacy held on Friwill be at curity Forum 9 a.m. to noon day, Nov. 8, fromNews Community the Naples Daily room. Companies will William C. Huff and insponsor the informational for the community. teractive forum forum is for atThe goal of the clearer undera tendees to gain keep their famito standing of how businesses private. lies, wealth and FORUM See page
18
in fi$170 fessional a Eric Gall, managing with a concentration proximately for Edison Avenue, won and an MBAthe University of Michigan. broker of record brokerage and lower million. Gall transactions and nance from leading business Gall in business the 2018, 2016 and acquisitions Niehaus, Bro- Assisting middle market mergers Pfeffer, Steven 2014 Business significant changes No. 1 are Michael and Phillip Reda. Adfirm, is announcing kers of Florida Edward Valaitis Business to operations. Top Dollar Producer to rebrand itself Pfeffer joins Edison of business The firm has decided over 20 years Award for Southwest Advisors” to better out visors with experience, including 12 as “Edison Business service offerings, Florida, beating busi- transactionbusiness brokerage franchise communicate addedbusiness appraisals, Gall a over 90 other He is years as Southwest Florida. Pfeffer is a including certified appraisals and certiness brokers. in Brokers owner Certified Intermediary, Certified certified equipment International Business 6 and Board fied exit strategies. mergers and acquisi- also an EDISON See page Chairman’s Circle Brokerage and led by Association Award winner. Eric holds continue to be tions efforts will 20 years of business Deal Maker over has He Gall. T ING NIGH OPEN
Discount • Merchandise Gifts Ticket Packages Parties & Exclusive Full & Flexible Options • Private & Shows Discounted Parking Arena Concerts Presale on Hertz & get a Membership TOTE BAG Buy any 19/20 ‘BLADES purchase. GIFT CARD & $20 FORD’Sfull, voucher or select membership
19/20 SEASON
Valid on any
239.948.PUCK
NIGHT
10/26 7:00
10/19 7:00
VS VS
NEW
• FloridaEverblade
s.com
®
LEAVE THE CLEANING TO US! • Provides quality janitorial services • Committed to honesty, integrity, hard work
Celebrating 11 Years
Sign with us, get your 4th month free (239) 368-1219
SOUTHWEST FLORIDA’S B2B MARKETPLACE • 239-573-9732 Vol. 12 No. 11 / SEPTEMBER 2019 www.swfloridabusinesstoday.com
Distributed in Fort Myers, Cape Coral, Estero, Bonita Springs and Naples
billstaggs@officepride.com
TAKE ONE
FOLLOW SOUTHWEST FLORIDA BUSINESS TODAY® ON:
Hoffmann Family buys Hertz Arena, Everblades
INSIDE THIS ISSUE
The Hoffmann Family of Companies has entered into an agreement to purchase the Florida Everblades and the Hertz Arena. Plans are underway for a complete renovation of the 8,284-seat, multipurpose arena. The improvements will include enhanced skyboxes, food services and installation of a state-ofthe-art scoreboard. Hertz Arena, which opened in 1998 as Everblades Arena, hosts a variety of events including concerts, Cirque du Soleil, Disney on Ice, boxing and trade shows. The venue offers
Focus on Manufacturing
Area companies are building a better future — one made right here in Southwest Florida.
25 suites, two additional ice rinks, a private club and a pub, Breakaway Sports Pub. The arena is also home to the Florida Gulf Coast University Eagles club hockey team of the American Collegiate Hockey Association. “We are optimistic that all of the 330 employees will remain with the Hoffmann Family of Companies,” said Craig Brush, Florida Everblades President and General Manager, who signed a five-year contract and has a commitment from all his senior staff to remain in place. “We are thrilled to be acquired by
Commercial Real Estate
A specially focused monthly section exploring the SWFL commercial real estate marketplace.
IN THE NEWS
Fort Myers sixth Business Summit slated for Sept. 20
Holly Bell addresses citrus growers about the 25,000-plus uses for industrial hemp, which can now be grown legally in Florida
Cannabis chief promises rich stash for hemp growers Special to SWFBT Submitted By: Jacob Ogles, Editor
SUMMIT See page 7
When other states started authorizing farmers to grow hemp, it didn’t take long to realize there was no place to sell it. Because no structures had been put in place for processing and manufacturing plants, state officials found themselves rushing a regulatory structure through so farmers could offload their first harvests. Holly Bell, Florida’s first Director of Cannabis, plans to learn from that mistake. She said the Department of Agriculture and Consumer Services will make sure all parts of the burgeoning hemp industry can move forward as soon as new rules unroll later this fall. “When our farmers are ready for a cash flow, we want to encourage them to get going,” she said.
Applications being accepted for the 25th Blue Chip Award The 25th Annual Southwest Florida Blue Chip Community Business Award application deadline is fast approaching. The Blue Chip Community Business Award recognizes successful, small businesses in Lee, Collier or Charlotte County that have overcome adversity to achieve success. Applications must be submitted by Wednesday, Sept. 4. The independent judges select the honoree after all the applications AWARD See page 19
Bell spoke in August at the Citrus Expo and Vegetable and Specialty Crop Expo, where growers from around the region gathered to hear her discuss this new and just recently legal product to diversify their inventory. Just a few years ago, there were no legal reasons to grow cannabis in Florida. Now, medical marijuana dispensaries pop up in more shopping centers each week. Soon, farmers will grow non-narcotic hemp crops. With the 2018 federal farm bill allowing hemp to grow, a budding industry will soon emerge in Florida. The Legislature this year authorized a pilot program for growing hemp in the Sunshine State, and state officials are nearly done weeding through a stack of public suggestions.
GrowFL announced this year’s 50 Florida Companies to Watch honorees, including three from Southwest Florida. Companies to Watch is a statewide competition that identifies companies expected to see significant growth over the next several years. The GrowFL Florida Companies to Watch awards program—now in its ninth year—honors 50 select second-stage companies from throughout Florida for developing valuable products and services, creating quality jobs, enriching communities, and broadening new industries throughout Florida. Chosen from 500 growing second-stage nominations from throughout, Florida, the 50 companies named as the 2019 Florida Companies to Watch honorees generated nearly $1 billion in revenue and added over 900 jobs between 2015 and 2018. Together, the honorees project a 35 percent increase in revenue and 37 percent increase in job growth in 2019 compared to 2018. “These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, GrowFL executive director. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said. Local honorees include: Cottrell Title & Escrow, Collier County; Mettauer Environmental, Lee County; and VeraData, Lee County . “This list recognizes second-stage Florida companies with passionate leaders who are making a difference in growing and diversifying our economy,” said Jennifer Barrows, GrowFL Chairman of the GrowFL Advisory Board and Business Development Executive with WithumSmith+Brown, PC. Second-stage companies are those
HEMP See page 5
Full & Flexible Ticket Packages • Payment Plans Available Discounted Parking Options • Private Parties & Exclusive Gifts Merchandise Discount • Presale on Hertz Arena Concerts & Shows
19/20 SEASON
EVERBLADES See page 6
GrowFL announces statewide honorees
HOT CROP
The Greater Fort Myers Chamber of Commerce has announced an exciting line-up for its 2019 Business Summit, set for Sept. 20. The summit, now in its sixth year, will run from 8 a.m. to 3 p.m. at the Sanibel Harbour Marriott Resort & Spa in Fort Myers. This year’s keynote address is “Communicate Your Way to Success,” by entrepreneur, business coach and international speaker Jason Evers. Evers has traveled to more than 20 countries on five continents
such a prestigious company. Our partnership with the Hertz Corporation and now this new ownership ensures that Hertz Arena will maintain our strong community presence and continue to be the number one choice for entertainment in Southwest Florida.” The team and the arena were previously owned by Peter Karmanos, founder of Compuware Corporation and prior majority owner of the Carolina Hurricanes in the National Hockey League. “Simply put, without the support of
Buy any 19/20 Membership & get a
GROWFL See page 10
SAT 7:00
10/19
$20 FORD’S GIFT CARD & ‘BLADES TOTE BAG
OPENING NIGHT VS
NIGHT
Valid on any NEW full, voucher or select membership purchase.
239.948.PUCK • FloridaEverblades.com
Celebrating
SOUTHWES
T FLORIDA’S
Vol. 12 No. 10 / AUGUST 2019 www.swfloridabu sinesstoday.com
INSIDE THIS
Focus on Business
ISSUE
LEAVE THE
®
11 Years
B2B MARKETPL
ACE • 239-573-97
32
Distributed in Fort Myers, Cape Coral, Estero, Bonita Springs and Naples
TAKE ONE
IMMOKALEE FOUNDATI
CLEANING
TO US! • Provides quality janitorial services • Committed to honesty, integrity, hard work Sign with us, get your 4th month free
(239) 368-1219 billstaggs@offi cepride.com
ON HOSTS SHARK
FOLLOW SOUTHWEST BUSINESS
FLORIDA TODAY® ON:
TANK COMPETIT
ION
Services
Our Trade Show in Print provides information to make your business more successful.
Commercial Real
Estate A specially section exploringfocused monthly mercial real estate the SWFL commarketplace. IN THE NEWS Collier names Pelican as ‘Business of the Wire Month’
During the July 9 Collier County Commission Wire was named meeting, Pelican ty ‘Business of the Collier Counthe Month’ and recognized by was the a manufacturing Board for being County for over leader in Collier 40 years. Pelican Wire President Ted Bill, who received the are truly honored award, said “We Collier County to be named the Month’ for July.‘Business of the Since moving AWARD See page
Gov. DeSantis announces job growth grants
4
Gov. Ron DeSantis the Florida Departmentannounced of Economic Opportunity Florida are acceptingand Enterprise economic development project proposals for the Florida Job Growth Grant Fund. $40 million is available to fund training and public job projects that support infrastructure growth and employment in Florida. “We know the frastructure projects importance inand workforce training has on economic development,” said DeSantis. “The Florida Job Growth Grant Fund will help Florida communities ensure they GRANTS See page
12
SEASON, SELECT
& VOUCHER
MEMBER
SHIPS
Dr. Sandra Kauanui (left) and Noemi Ailynee Ramirez, Y. Perez (right) Jessica Sales, with - TIF Shark Daisy Montanez, Tank winners Swap
Alondra Estrada Young entrepr eneurs share
& Shop team- Neika
Exulus,
ideas, earn awards
Special to SWFBT Submitted By: Noemi Y. Perez Southwest Florida tion’s business-themedstudents in The Immokalee Foundasummer camp entrepreneurial recently shared ideas their Tank event modeled and garnered awards during a Shark The four-week after the popular TV show. was a partnership Business Management Pathway Coast University’sbetween the foundation and Floridacamp Gulf developed businessInstitute for Entrepreneurship . among them: finding plans that solved problems Students common clothes on a budget; centric finances; handling studentñera; and findinggetting better sleep; planning a quincearestaurants suitable stricted diets. for people with reStudent teams gave ences, startup costs, presentations about their target audiprojected profits, other aspects of marketing plans entrepreneurial and Dr. Sandra Kauanui, FGCU enterprises at iTECH mokalee. Judges Director of Entrepreneurshi for in Im- spoke during the event. Smart Companies the presentations were: Brian p, Rist, The Smart Companies executive chairman; Sofia Blanno, gram allows shoppers to arrange tor of corporate intern; and Matthew Turner, Hertz The through social an app, then physically to buy, sell or swap items direcFirst place awards responsibility. central location exchange those of $500 each went in Immokalee. items at a Shop team of Neika to the Swap & MentorUs, an Exulus, Jessica app that encourages Daisy Montanez Sales, Alondra students to make and Ailynee Ramirez. Estrada, smart financial decisions, interested in dressing earned second place Aimed at students for team members of $250 each fashionably on Alex Soriano, a budget, the pro- ie Etienne, Azael Simon-Quirino Je’an Espinoza, Myrlandand Simson Devesaint.
Fort Myers Mayor
Special to SWFBT Submitted By: Karen P. Moore,
launches Diversi ty Committee
SHARK See page
more inclusive city. Publisher Student Hailey Countryman asked her employer, Sanibel Captiva “It is never too the Mayor if he munity Bank, Comlate to give up had to FGCU’s College on diversity whom a team of advisors Education. your prejudices.” of Henry David Thoreau for guidance. Since he could rely on said, “We In a recent interview she can’t really say the answer to that question was no, we are trying to be at that moment Fort Myers Mayor derson felt inspired Hen- residents representative of our city’s Randy Henand community derson has known a team. Ndiang’ui to create just such have diversity if we Florida Gulf wanted to make Coast University on the council don’t sure the Mayor itself.” She explained was prepared for ter Ndiang’ui for professor Dr. Pe- road ahead the its 18 membersthe committee drew about 10 years and asked him, was a guest speaker and from the commu“Are in his class, “In- really able to handle the truth?” you nity, representing troduction to Diversity,” diversity project moved The ethnicity, forward. in Novemgender and sexualin race, ber. Henderson Beth Countryman, asked students Hailey’s moth- tity. “We can’t be a committee idenhe could do to what er, became make Fort Myers up of old white made involved with men and think the project, going a which led to we are a $25,000 donation to be in charge of diversity.” from DIVERSITY See page 11 Payment Plans Available • Discounted Merchandise Parking Options Discount • Presale • Private Parties & Exclusive Gifts on Hertz Arena Concerts & Family Shows Buy Any 19/20 & Get A $20 Membership Pack FORD’S GIFT & ‘BLADES TOTE CARD BAG Valid on any NEW full, voucher
or select membership
purchase.
5
Get Southwest Florida’s business news and information mailed straight to your mailbox each month. Start your subscription to Southwest Florida Business Today.®
Call (239) 573-9732.
CRA chooses design firm for Innovation Walk Master Plan The Fort Myers Community Redevelopment Agency announced a design firm for the Fort Myers Innovation Walk master plan. Founded in 1935, Perkins & Will is a global design practice with 2,600 employees and 33 offices worldwide including Miami. According to the CRA, Perkins and Will was the highest-ranked and most qualified firm that submitted a proposal to oversee the
The Shriteh Family and GCM Contracting Solutions held a groundbreaking ceremony for Duffie North, an industrial development at the Punta Gorda Airport Commerce Center.
Industrial project breaks ground in Punta Gorda The Shriteh Family, one of Punta Gorda’s largest private employers, and GCM Contracting Solutions celebrated the groundbreaking of Duffie North, a 10-acre, two-building industrial development located within Punta Gorda Airport Commerce Center. The project will deliver more than 100,000 square feet of modern warehouse and flex space and is expected to generate over 200 new jobs upon full occupancy. Friday’s event brought together representatives from the Shriteh Family, GCM Contracting Solutions, Charlotte County, regional businesses and community partners. Guests gathered for networking, remarks from project partners and officials and a ceremonial groundbreaking. “For more than 25 years, this community has been our
GROUNDBREAKING See page 13
IN THE NEWS
Fort Myers Innovation Walk Master Plan. “The firm’s professional planning and design services demonstrated expertise in urban design, placemaking, public realm enhancement and community engagement,” said Michele Hylton-Terry, executive director of the Fort Myers CRA. “Their proposed approach aligns strongly with the CRA’s goals of establishing a signature corridor that supports economic development, WALK See page 3
FGCU Institute reports increases in air traffic, real estate activity Air passenger traffic, single-family home sales and active listings are all on the rise, according to Florida Gulf Coast University’s Regional Economic Research Institute. Seasonally-adjusted passenger traffic for the three airports amounted to 1,498,090 in September, down 0.3% from the previous month and 4.9% over the same month last year. Seasonally-adjusted passenger traf©
Follow us:
home,” said Taher Shriteh. “We’ve built our lives and businesses here, and we want to give back in ways that strengthen Charlotte County for the future. Duffie North reflects that commitment by creating jobs, adding industrial capacity and helping support the growth we’re seeing across this region.” Punta Gorda’s Airport Commerce Center has rapidly evolved into a major hub for business activity, with companies seeking efficient, high-clearance space to support operations. Duffie North builds on this progress by introducing versatile buildings designed for manufacturing, logistics, distribution and other expanding sectors.
fic at Southwest Florida International Airport was 1,002,810 in October, 5.4% above the previous month and 17.7% up from the same month last year. Punta Gorda Airport’s seasonallyadjusted passenger activity reported 205,022 passengers in October, a 5.6% increase from September and 24.3% above October 2024. The coastal counties had a total of 1,964 single-family home sales in October, a 26.9% increase from October 2024 and 3.2% up from September. INDICATORS See page 12
WANT TO KNOW WHERE TO NETWORK? Check out SWFBT’s Business-to-Business Event Calendar
www.swfloridabusinesstoday.com
Page 2
Southwest Florida BUSINESS TODAY ®
COMMERCIAL REAL ESTATE Suffolk, Lee County Port Authority celebrate topping off of RSW Terminal Expansion phase Suffolk together with the Lee County Port Authority celebrated the topping off of Southwest Florida International Airport’s (RSW) Terminal Expansion Project Phase 2, marking a milestone in Lee County’s largest ever public works project. The topping off commemorates the placement of the final steel beam on a more than 513,000-squarefoot structural expansion reinforced by 12,000 tons of steel and supported by extensive airfield work. More than 500 workers have been on site daily, driving steady progress through rigorous planning, collaboration and digital coordination. The scale, pace and technical complexity of the work underscore the importance of this phase to the airport’s long-term growth. “Celebrating this topping off reflects the exceptional skill, innovation and coordination of everyone involved,” said Pete Tuffo, president of Florida Gulf Coast and National Gaming at Suffolk. “Constructing a major terminal expansion in an active aviation environment requires disciplined planning and the best technology available. Our team and trade partners are raising the bar to deliver this complex project safely, efficiently and with the highest levels of quality.” By creating a virtual model before physical construction began, the team was able to identify and resolve potential issues early, delivering significant long-term savings in both time and budget. Monthly 3D scans are overlayed with the virtual model to validate installation accuracy, and twice-weekly OpenSpace walks—powered by OpenSpace’s AI-driven reality capture platform, which enables rapid site documentation and improves transparency—track field progress. All deliveries are scheduled and managed through Voyage Control, a smart logistics management system that streamlines scheduling and mini-
The topping off commemorates the placement of the final steel beam on Southwest Florida International Airport’s (RSW) Terminal Expansion Project Phase 2. mizes congestion in high-security airfield areas. Terminal Expansion Phase 2 will reshape the functionality and capacity at RSW. The expansion includes a 14-gate Concourse E engineered to support 10,000 to 15,000 additional passengers per day, along with airside improvements, terminal roadway modifications, passenger boarding bridges and the ability to grow to 19 gates in the future. Additional features include 37,000 square feet of retail space and nine new TSA checkpoint lanes, enhancing operational flow and passenger convenience. Phase 2 of the Terminal Expansion Project will introduce streamlined security operations, enhanced circulation and modern building systems designed for an elevated passenger experience. When complete, the project will strengthen RSW’s infrastructure and solidify its position as one of the premier airports in the country.
JANUARY 2026
COMMERCIAL REAL ESTATE
Suffolk promotes Wilson to drive regional growth
Suffolk announced strategic leadership changes to strengthen its Florida operations. Ben Wilson has been elevated to general manager of the Gulf Coast, working from Suffolk’s Estero office. He will report to Pete Tuffo, president of Suffolk’s Florida Gulf Coast and National Gaming. “This promotion is a key part of our long-term growth strategy,” Tuffo said. “With Ben leading our Gulf Coast operations, we are positioned to make a significant impact, expand into new sectors, strengthen our client relationships and elevate the standard of construction excellence.” Wilson has 20 years of experience building complex Wilson projects in Florida, including 10 with Suffolk where he most recently served as chief operating officer of the firm’s Gulf Coast region. In his expanded role as general manager, Wilson will oversee projects, manage client relationships and ensure his teams deliver exceptional value for clients. “I have been fortunate to work with this incredibly talented team of construction professionals for more than a decade. Together, we have built something very special in this region that is driven by Suffolk’s unique culture, dedication to high performance, and commitment to community,” Wilson said. “I look forward to harnessing this team’s experience, curiosity, innovative mindset and passion for client service so we can build buildings that will transform our cities, serve our neighborhoods, expand our Suffolk footprint and help redefine how buildings are constructed in Florida.”
Rooted HERE. Invested HERE.
Focused on
you.
Whether you’re managing your family’s finances or growing your business, Sanibel Captiva Community Bank is here for you. We are more than just a bank, we are your neighbors who know you, committed to your success and deeply invested in this community. ✓ Comprehensive personal and business banking services, including local treasury management, to help your family and business thrive ✓ Residential and commercial lending rooted in relationships, trust and personal guidance ✓ $5M+ contributed to over 400+ local nonprofits and 1,000+ volunteer hours annually ✓ $793M in processed loans to support storm recovery for Southwest Florida residents and businesses
Because when you thrive, so does our entire community.
239-472-6100
sancapbank.com
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 3
Interviewing a global president — with local roots
By Karen P. Moore, Publisher Special to SWFBT
ing how to evaluate different personalities, navigate pressure and lead with accountability and empathy. I hope this role builds on that foundation set long ago, stepping forward when there’s an opportunity to guide and elevate while also learning from the group around me.
Recently I had the opportunity to speak with Adam Palmer, incoming president of Certified Commercial Investment Member (CCIM) Global Institute, the first Global president to hail from Southwest Florida. The organization was founded in 1954 to give commercial real estate practitioners the opportunity to further their business knowledge through focused education and networking opportunities. What are you most excited about accomplishing Adam Palmer has been named as the incoming President of the CCIM Global Institute. in the coming year? I’m most excited about pushing innovation forBut this past year in particular reinforced how esward. At CCIM, we have a tremendous opportunity to modernize how we deliver value to clients: em- sential collaboration is in effective leadership. Workbracing AI, leveraging data more intelligently and ing alongside so many talented colleagues: locally, creating tools that show practitioners where the mar- nationally and globally, has reminded me that progress happens when people are genuinely aligned, ket is going, not just where it’s been. As someone with a tech background, recent tech- willing to listen and willing to challenge each other. nology developments have inspired me to rethink That has prepared me to lead confidently, while rehow we analyze opportunities. It feels like the per- maining open to new ideas in a way that hopefully fect moment to bring out fresh ideas globally and keeps the organization moving forward as both a cohesive yet collaborative and adaptive entity. also bring them back to Southwest Florida. How have your experiences in the past year taught you/prepared you for this role? To be fair, it’s been a lot more than a year of preparation. Some days it feels like I’ve been training for this since dial-up internet.
WALK PAGE 1 enhances pedestrian connectivity and elevates the city’s innovation character.” In June, the CRA, in coordination with the city’s Procurement Division, issued Request for Statements
Southwest District
How have your prior experiences shaped you for/led you to this role? I’ve always been drawn to leadership. Whether it be as captain of sports teams or class president, those early experiences provided the foundation for learn-
of Qualifications for the Fort Myers Innovation Walk Master Plan. A review committee evaluated all submitted responses and shortlisted seven firms to present their qualifications and proposed approaches in late November. In the same spirit of Thomas Edison and Henry Ford sparking the
What do you see as your chief priority in the coming year? One major priority of mine is to elevate CCIM’s brand awareness to match the true depth of what the Institute and its members offer. Outside of the CCIM circle, many people don’t fully understand the value of the designation, the strength of the global network or the insight our well-educated members bring to complex commercial real estate decisions. When people think about trusted CRE expertise, I want “CCIM” to be the first thing that comes to mind. What else would you like to share? It’s an incredible honor to be the first Global president of the CCIM Institute from South Florida. This region has given so much to me and my family. It has helped shape me personally and professionally, and now I have the privilege of serving not just as an officer for CCIM but as an ambassador for SWFL on the global stage. Representing our community, our talent, our economic growth and our way of life is something I take great pride in, and I’m excited to showcase the strength and potential of our market to the world.
genesis of innovation in Fort Myers, the Innovation Walk will reignite their legacy of human genius, melding the past with future-forward thinkers. “This project aligns with the CRA’s core mission of fostering innovation and revitalization in the downtown redevelopment district,”
Hylton-Terry said. “This strategic endeavor will enhance the downtown district’s vibrancy and appeal.” The CRA Board of Commissioners approved and allocated specific funding for this project, highlighting its significance and the board’s commitment to transformative urban development.
25th Annual
COMMERCIAL REAL ESTATE
OUTLOOK
CONFERENCE
January 30, 2026 | 7:30am - 12:00pm Hyatt Regency Coconut Point | Bonita Springs, FL REGISTER:
www.flccim.com/events/southwest-district-commercial-real-estate-outlook-conference Don’t miss the 25th annual CCIM Commercial Real Estate Outlook Conference - the premier gathering of industry leaders, investors and professionals shaping the future of commercial real estate.
Sponsorship Opportunities Available! Join these fine sponsors who have committed, to showcase your company to top commercial real estate professionals and decision-makers across Southwest Florida. Partner with CCIM for this milestone 25th Annual Outlook Conference and gain premium visibility before, during, and after the event.
www.flccim.com/districts/southwest-district/southwest-district-sponsorship-opportunities
Page 4
Southwest Florida BUSINESS TODAY ®
JANUARY 2026
COMMERCIAL REAL ESTATE
Ceremony Central Pointe Apartments holds ribbon-cutting On an unusually chilly Florida morning, community leaders, partners and residents gathered in downtown Fort Myers to officially celebrate the ribbon-cutting of Central Pointe Apartments, a newly renovated, incomebased housing community on Central Avenue. Applications are now being accepted for eligible households. The event was led by Marcus D. Goodson, executive director of the Lee County Housing Authority. “Projects like Central Pointe are essential. The need for safe, affordable housing in our community is real, and this is one more step toward meeting it,” Goodson said. Central Pointe Apartments is a joint initiative between the Lee County Housing Authority, Lee County Government and the City of Fort Myers. The property was donated by Fort Myers and renovations were funded by Lee County, resulting in beautifully upgraded homes that serve local families under Housing and Urban Development Department income guidelines. The two-story community features seven two-bedroom, one-bath units—six measuring approximately 840 square feet and one American Disability Act-accessible unit at 910 square feet. Under the housing agreement, six units serve households at or below 50% area median income (AMI), one unit is reserved at 80% of AMI, and rent will not exceed 30% of household income Renovations were completed to meet Florida Green Building Coalition Green Standards and include: • Granite countertops and new cabinetry. • Stainless steel appliances and fixtures. • New interior and exterior paint.
Marcus D. Goodson, executive director of the Lee County Housing Authority, spoke at the ribbon cutting. • New AC units and water heaters. • Cleaned ductwork with testing confirming units are free of mold, lead-based paint and asbestos. • Impact-resistant windows. • Washer/dryer hookups in every unit. Attendees were invited to tour the units and learn more about Central Pointe. For eligible households interested in becoming residents of Central Pointe Apartments, call Lydia Rodriguez at (239) 360-8039.
COMMERCIAL REAL ESTATE
www.swfloridabusinesstoday.com PUBLISHER Karen P. Moore PRINT EDITOR & ASSOCIATE WEB EDITOR Jacob Ogles PRODUCTION MANAGER PRINT AD DESIGNER Jennifer Ogles PHOTO REVIEWER Lindi Daywalt DIGITAL MEDIA Active Data Digital Marketing WEBSITE ASSISTANT Jennifer Ogles
P.O. Box 152299 Cape Coral, FL 33915-2299 News: 239-573-9731 All other: 239-573-9732 News email: editor@swfloridabusinesstoday.com All other information requests: publisher@ swfloridabusinesstoday.com The contents of Southwest Florida Business Today® are copyright 2025 by Southwest Florida Newspapers, Inc. No portion may be reproduced without the express written consent of Southwest Florida Newspapers, Inc. The publication of any advertisement or article does not necessarily reflect the view of the publisher of Southwest Florida Business Today®. For more information about any article or column appearing in Southwest Florida Business Today®, for advertising rates or subscription information please call 239-573-9732 or email: publisher@swfloridabusinesstoday. com
OUR MISSION
Southwest Florida Business Today® is to provide the best business-to-business marketplace where business executives operating in Southwest Florida buy and sell goods and services via the exchange of news, advertising and information.
Civitas named “Affordable and Workforce Housing Community of the Year” ReVital Development Group received the “Affordable & Workforce Housing Community of the Year” award from Multi-Housing News, a leading national real estate publication. The recognition distinguishes Civitas of Cape Coral, the city’s first dedicated affordable and workforce housing community for families in more than two decades, as one of the nation’s premier affordable and workforce housing communities, earning top honors among projects evaluated from across the country. Birdsong Housing Partners and the Lee County Housing Authority served as development partners on this project. Their collaboration and commitment were instrumental to the development’s success. The award was announced during the 2025 Multi-Housing News Excellence Awards Celebration in New York City. The event gathered leading de-
velopers, investors, partners and housing advocates from across the country. Civitas delivers 96 new housing units for households earning 30%, 60% and 80% of the area median income, serving workforce families, educators, first responders, healthcare and retail workers—residents who support the Cape Coral economy but have historically been priced out of living in the community. Rents begin as low as $500 per month. Demand was immediate, with hundreds of prospective tenants lining up during preleasing, some overnight. Construction was completed in February 2025 after a multi-year development period that began in 2019. The project advanced despite significant challenges, including pandemicrelated delays, supply-chain disruptions, record construction inflation and impacts from Hurricanes Ian, Milton and Helene.
Anticipating what’s next...
...is what keeps you and your business ahead of the game. Due to recent expansion, we are now hiring for part-time newspaper delivery drivers in Naples and Bonita Springs. Please call (239)770-7527 for details.
EDITORIAL FOCUS
FEBRUARY
• Financial Review
MARCH
• Local Organizations To Watch • CRE/Construction & Development
EDITORIAL DEADLINE (WEDNESDAY 5 pm)
AD SPACE DEADLINE (FRIDAY 5 pm)
February 18
February 20
January 14
The conversation around housing often blurs two very different ideas: “affordable housing” (subsidized or income-restricted units) and housing that’s actually affordable based on what people can sustainably pay. That distinction BY DIANA matters, not GIRALDO just for policy Guest Columnist debates, but for the decisions you make when designing, financing and approving new housing. Did you know that people pay more than 50% of their income in housing? This can be a tremendous financial burden, especially for people on a fixed income or families with children and single parents What that means for the industry Affordable Housing (Subsidized): Typically tied to government programs, income restrictions and long-term affordability covenants. These projects depend heavily on regulatory compliance and complex financing tools. Housing That’s Affordable (Market-Based): Units made cost-accessible through design efficiency, construction innovation, and smart planning, not necessarily subsidies. Here, affordability comes from better processes, not government programs. Why it matters now As costs rise, communities need both types of solutions. Clear definitions help teams align on funding strategy, design choices and target populations — avoiding costly confusion during development. Opportunities for design and development Smarter building systems and modular approaches can meaningfully lower costs. Thoughtful unit design, infrastructure efficiency, and mixed-income models unlock broader affordability. Early collaboration between architects, developers and other consultants is essential to balancing feasibility, quality and longterm affordability. Diana Giraldo is the CEO for Community Development Reimagined. Contact (239) 476-0033 or diana@cdrgreen.com
Here’s what is ahead for 2026 in Southwest Florida Business Today. MONTH
Rethinking ‘affordable’: designing housing that truly works
January 16
Call to reserve your advertising spot today: (239) 770-7527
Don’t forget to post your in-person and virtual business events on our B2B events calendar at swfloridabusinesstoday.com/ calendar
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
SanCap Chamber approves management contract with Fort Myers Chamber The SanCap Chamber board announced it is signing a six-month contract with the Greater Fort Myers Chamber of Commerce to provide management services while the Greater Fort Myers Chamber conducts a search for its next CEO. “I want to stress, this is a contract, not a merger,” said John Lai, SanCap Chamber president and CEO. “Both chambers will remain separate organizations with their own boards, finances, identities and memberships. Our primary responsibility and focus will continue to be serving our SanibelCaptiva members.” Through this temporary partnership, the SanCap Chamber will provide strong organizational oversight, ensuring the Greater Fort Myers Chamber maintains consistent day-today operations and continues delivering meaningful benefits to its members throughout the CEO transition. Added benefits of the partnership for members of both chambers include: a stronger and more unified advocacy presence in the upcoming legislative session; enhanced cross-promotion and potential cost efficiencies; access to a wider network of regional partners, customers and collaborators; opportunities to co-host events, share programming and participate in largerscale initiatives; and stronger foundation for future collaboration. SanCap Chamber members also benefit from increased regional brand recognition in mainland conversations. “We’re pleased to be entering into this management partnership with SanCap as we focus our energy on a
thorough and thoughtful search for our next CEO,” said Jen Whyte, board chair of the Greater Fort Myers Chamber. “This agreement allows us to continue to build momentum, serve our members and strengthen our chamber during this transition. John Lai and his team have demonstrated the leadership, professionalism and resilience we believe are essential to a successful chamber, and we’re confident this partnership positions us well for continued growth.” Lai adds: “The fact that the Greater Fort Myers Chamber of Commerce has asked us to step into this role is not just a compliment, it is a powerful testimonial that speaks directly to the resilience of our business community as we continue to recover and rebuild, as well as the steady, thoughtful leadership of our board of directors and the consistency, credibility and professionalism of our organization. In short, we are being asked to lead because we have proven that we can.” “Please be assured the board has been careful and deliberate in making this decision,” said board chair Katy Forret of the SanCap Chamber’s ongoing dedication to its island members. “Our commitment to the SanibelCaptiva business community clearly comes first. This contract is designed to strengthen our chamber, broaden our influence and create new value for members without compromising the mission that brought us here in the first place.” A committee of business-savvy leaders will conduct a comprehensive search for the next CEO.
Sanibel Captiva Community Bank underwrites Community Housing and Resources’ 2025 annual report Sanibel Captiva Community Bank announced its underwriting support for the Community Housing and Resources’ 2025 annual report, helping to ensure the continued visibility and advancement of affordable housing initiatives on Sanibel. The bank’s contribution allows CHR to produce and distribute its annual report, which highlights the organization’s impact, financial stewardship, resident outcomes and progress on increasing affordable housing availability for island workers, families, seniors and essential service providers. “We are honored to support CHR’s annual report,” said Kyle DeCicco, president and CEO of Sanibel Captiva Community Bank. “Affordable housing is foundational to a strong community. CHR plays a vital role in ensuring the people who contribute significantly to our island community have a place to call home. We are proud to help share their story and support the mission that keeps Sanibel sustainable and inclusive.” This underwriting partnership reflects the bank’s long-standing commitment to reinvesting locally and supporting organizations that address essential community needs. As Sanibel continues rebuilding and strengthening its workforce housing infrastructure, CHR’s work remains critical to preserving the island’s economic stability and quality of life.
Construction & Development in Lee County The Lee County Economic Development Office (EDO) values the construction and development businesses throughout the county that are actively contributing to the workforce. Learn how the Lee County EDO and its partners are advocating for future job opportunities and hands-on training initiatives. 2201 Second Street, Suite 500, Fort Myers, FL 33901 239-533-6800
EDO@LeeGov.com
Page 5
www.LeeCountyBusiness.com
Community Housing and Resources is a not-for-profit organization addressing the need for affordable housing in the Sanibel and Captiva area. It also serves as the City of Sanibel’s housing foundation under the Affordable Housing Program. CHR owns 76 affordable housing units at various locations, including 67 rental properties — one of which is a 12-unit complex for senior residents — and nine Limited Equity Ownership homes through the Coast and Islands Community Land Trust. Founded in 2003, Sanibel Captiva Community Bank has nine locations open throughout Lee County. On Fort Myers Beach, the bank is operating a office open on Wednesdays while its permanent full-service branch is under development. Sanibel Captiva Community Bank is nationally ranked as a top performing community bank by S&P Global Market Intelligence and is consistently rated a 4- to 5-star institution by Bauer Financial, a trusted independent bank rating firm. With more than $1 billion in total assets, the bank is well-capitalized and generates one of the highest returns on equity of all Florida banks. The bank employs more than 120 employees, and more than 60% are current shareholders. Since 2003, the bank has contributed well over $4.5 million to over 400 local, charitable causes and employees volunteer close to 1,000 hours annually.
Page 6
Southwest Florida BUSINESS TODAY ®
Industrial market hits a critical inflection point The latest industrial market data for Lee County highlights a significant shift in fundamentals, marking what analysts describe as a critical turning point for owners, landlords and investors. The following information reflects CoStar’s most recent reporting on market performance, construction, pricing and forward-looking implications for the region. Market summary (Lee County) In commercial real estate, net absorption is the balance of move-ins minus moveouts over a given period — a core indicator of demand. CoStar’s latest read shows Lee County posted about 508,000 square feet of net absorption over the last 12 months, a sharp -65.9% decline versus the prior year, while vacancy climbed to 8.6%. Rents are still edging up ($13.37/SF, +3.1% year over year), but at a slower pace as supply delivered during 2023BY PHIL 2025 continues to lease up. Under FISCHLER construction stands near 2 million Guest Columnist square feet, and overall inventory has expanded to about 44.5 million square feet. Sale pricing remains firm at about $150 per square foot (+8.3% year over year) and reported market cap rates hover near about 8.2%, even as leasing conditions soften. That gap suggests many landlords, sellers and investors may not yet be fully aware of the growing disconnect between recent transaction pricing and weakening underlying fundamentals — particularly with availability now about 11% and sublet space rising. What it means for owners and investors After years of expansion, move-outs and slower lease-ups in recent deliveries are pressuring vacancy and absorption. Expect more competitive deal terms and a premium on tenant retention and credit quality. For landlords: Pricing power is softening; plan for stronger concessions, tighter renewal management
KEY MARKET INDICATORS | LEE COUNTY (12-MONTH LOOKBACK) Metric
Lee County (Latest)
YoY Change
12-Mo Net Absorption Vacancy Rate Market Asking Rent Inventory Under Construction
508K SF 8.6% $13.37/SF 44.5M SF ~2.0M SF
Market Sale Price Market Cap Rate Availability Rate
$150/SF 8.2% 11.0%
▼ 65.9% ▲ +3.4 pp ▲ +3.1% ▲ +5.1% ▲ +1.6% (vs prior period) ▲ +8.3% ▼ –0.2 pp —
and targeted TI where it moves the needle on absorption. For investors: Discipline is non-negotiable. Underwrite longer lease-up, higher downtime and moderate rent growth; focus on submarket, building vintage and functionality. Bottom line: “The region faces a critical inflection point: landlords must get more competitive on pricing and concessions, while investors should prepare for a market where underwriting discipline will separate winners from underperformers.” Analyst’s outlook With 2 million square feet still in the pipeline and availability elevated, vacancy could drift 100–200 bps higher if demand doesn’t re-accelerate. Rent growth likely plateaus through 2026, with new, well-located product outperforming older assets. Expect private capital to remain active while institutional capital remains selective. Execution will favor owners who price to the market, differentiate on functionality and proactively pursue smaller-format users that are still active in Fort Myers. Phil Fischler is the founder and president of Fischler Property Company. Contact (239) 895-1060 or pjf@ fischlerco.com.
JANUARY 2026
Millennium Physician Group welcomes veriMED Health Group
Millennium Physician Group, a Mosaic Health Company, announced veriMED IPA and veriMED Health Group officially joined Millennium, effective Nov. 1. This partnership strengthens each organization’s shared mission of delivering high-quality, patient-centered and physician-led care across Florida. Founded in 2011 by Dr. Jai Cho and Martin Revello, veriMED has grown into a network of employed and affiliate physicians providing comprehensive primary care services to nearly 15,000 Medicare Advantage members in Florida. “VeriMED’s long-standing commitment to excellence in value-based care aligns perfectly with Millennium’s mission to connect patients to a healthier life through physician-led, coordinated care,” said Tesha Simpson, CEO of Millennium Physician Group. “We are excited to welcome veriMED’s providers, teams and patients into our family and look forward to growing together, expanding access, improving outcomes and strengthening the care experience for the communities we serve.” Martin Revello, veriMED’s president and CEO, shared, “This partnership represents a natural evolution of our shared values and clinical vision. By joining forces with Millennium, we are ensuring the continued growth and stability of our organization while equipping our teams with the resources and tools they need to deliver the best possible care to our patients.” The collaboration will expand Millennium’s footprint across Central and Western Florida, strengthening its full-risk Medicare Advantage and population health capabilities while reinforcing its commitment to providing a connected healthcare experience led by physicians, supported by technology and grounded in community.
COMMERCIAL REAL ESTATE
Curran Young Construction to build a place of hope and healing for Youth Haven Curran Young Construction has been selected to build the Youth Haven Therapeutic Enrichment Center, which will greatly expand Youth Haven’s mission to provide home, hope and healing to abused and neglected children and teens in Southwest Florida. A cornerstone of Youth Haven’s Building Hope for Tomorrow comprehensive capital campaign, construction of the building is slated to begin in February with an estimated completion in January 2027. The two-story, 22,500-square-foot facility will serve as the heart of Youth Haven’s therapeutic campus, designed to support and empower the children and teens the organization serves. The state-of-theart center will feature dedicated spaces for dining, therapy and recreation along with a STEAM lab, art studio, family visit center and yoga and meditation studio with additional spaces for education, exercise and enrichment. “As a parent, this mission hits home,” said Chris
Curran, chief executive officer of Curran Young Construction. “Our team is dedicated to not just building a great facility, but to creating a place of hope and healing for vulnerable children and teens. The new building will dramatically increase Youth Haven’s services for children and teens who need it most and we are honored to support them.” Curran Young Construction, founded by Curran and company president Bruce Young, combines bigcompany expertise with a hands-on, client-focused approach. Based in Bonita Springs, the firm specializes in preconstruction planning, construction management and design-build services for multifamily, commercial, hospitality and country club projects across Southwest Florida. “The goal of the project is to create a welcoming environment that fosters learning, healing and growth, and that’s our top priority as we begin construction,” Young said. “Our team is proud to play
such an important role in bringing the Therapeutic Enrichment Center to life and we hope the public will join us in supporting Youth Haven and the children it serves.” Youth Haven’s Building Hope for Tomorrow capital campaign is a transformative $20-million initiative designed to expand and elevate programs for Southwest Florida’s most vulnerable children and teens. In addition to funding Curran Young’s construction of the Therapeutic Enrichment Center, the campaign will enhance services including mental health care, education, nutrition, life skills, family reunification and enrichment activities. Youth Haven has been a beacon of hope for children and teens in crisis for more than 50 years, offering programs and services that provide home, hope and healing. The Therapeutic Enrichment Center will further that mission by delivering innovative spaces that support holistic care and development.
We Deliver: News.
Southwest Florida Business Today is the region’s best source of local business news serving the tri-county area of Collier, Lee and Charlotte. This monthly newspaper is a niche publication direct-mailed to business decision makers. Every issue we strive to better meet our readers’, advertisers’ and potential advertisers’ needs. If you want to reach business owners, we deliver your business through your advertising message directly to them.
Customers.
More than eight thousand newspapers are direct-delivered to more than 750 “businesses doing business with other businesses” throughout Lee County and Naples — that’s 50,000 business owners and professionals in-print and online each month! Sound like a market you need to reach?
Results.
“Our first ad in the first issue of Southwest Florida Business Today landed us a sale that more than paid for the price of our ad campaign, and is delivered directly to our target market. Thank you, SWFBT!” Amy Rouskey, Manager, The Letter Box
The next move is yours.
Order your annual subscription (12 issues) staiting at $40 at 239-770-7527. Call 239-770-7527 to get your customized, results oriented B2B ad campaign started. Email your business news releases to editor@swfloridabusinesstoday.com. ®
www.swfloridabusinesstoday.com
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 7
COMMERCIAL REAL ESTATE
Island fun elevated: South Seas unveils Captiva Landing South Seas, the iconic Gulf Coast resort on Captiva Island, announced the grand opening of Captiva Landing, a vibrant new waterpark destination designed to elevate family-friendly experiences and redefine island recreation. Officially opened on Dec. 22, Captiva Landing spans just over 2.5 acres of immersive freshwater fun and is exclusively available to guests and owners with Club Captiva access. Anchored at the south end of South Seas, Captiva Landing features a dynamic collection of experience zones, including food and beverage offerings, tailored to every age and interest: • Bottlenose Bay – A whimsical splash zone with six thrilling water slides, tipping buckets and water cannons. • Gulfstream Lazy River – A tranquil escape where guests can drift beneath swaying palms and sunny skies. • The Cove – A serene retreat offering
Captiva Landing spans just over 2.5 acres of immersive freshwater fun and is exclusively available to guests and owners with Club Captiva access. • The Arcade – A retro-inspired lounging and uninterrupted relaxation. • Flippers – A playful quick-service space with vintage pinball machines restaurant serving craveable favorites and classic games for carefree fun. • Camp-tiva – A nature-based kids like burgers, hot dogs, chicken sandclub offering hands-on ecological acwiches and soft-serve ice cream.
CRA announces incentives for businesses, residents
The Fort Myers Community Redevelopment Agency announced a variety of incentives available to the public for residential and commercial properties located in their community areas for the 2025-2026 budget year. Incentives include the CRA’s Commercial Property Improvement Grants, Residential Paint Program, Residential Improvement Matching Grant and the Downtown Storm Mitigation and Resiliency Grant. The Commercial Property Improvement Grant Program is a matching grant for commercial property owners and businesses within Fort Myers redevelopment areas. The maximum potential grant available for a project in Tier I is 75% of the total eligible expenditure, with a maximum award of $50,000. The Fort Myers CRA has offered commercial preservation incentives/ grant programs since 2010 and grant awards are based on the availability of funds. Matching funds available in this grant cycle include $727,969 for the Cleveland CRA, $500,000 for the Dr. MLK CRA and $743,089 for the Downtown CRA. Commercial Property Improvement Matching Grants Application cycles are: • Cycle 1 – Nov. 1-30 • Cycle 2 – Jan. 1-31 • Cycle 3 - April 1-30 • Cycle 4 - June 1-30 The Downtown Storm Mitigation and Resiliency Grant is designed to strengthen the economic heartbeat of Downtown Fort Myers by equipping local businesses with tools and strategies to withstand and recover from severe weather events. The grant will reimburse up to 75% of the cost of eligible preand post-storm mitigation equip-
ment and resiliency improvements, with a maximum reimbursement of $100,000 per business. To be eligible, businesses must be located within the designated impact area; be a commercial business that includes retail, restaurants or professional services and be in compliance with all local, state, and federal regulations. Priority consideration will be applied to businesses that demonstrate clear need, historic value or community benefit. The program covers pre-storm mitigation, post-storm resiliency and planning/assessment costs. For the 2026 fiscal year, $1 million is available in this grant fund. The CRA’s Residential Paint Program encourages single-family and duplex owner-occupied residences to improve the exterior of their structures, thereby reducing blight conditions and improving the aesthetics of the community with a maximum potential grant available of $5,000 per unit. Funds available in this grant cycle include $$250,000 for the Dr. MLK CRA; $250,000 for the Downtown CRA and $150,000 for the East Fort Myers CRA. The CRA’s Residential Property Improvement Matching Grant Program aims to stimulate private investment in the CRA District by providing financial incentives for property owners to enhance the appearance and functionality of their existing buildings. Available funding for the coming fiscal year includes $250,000 for the MLK CRA and $500,000 for the Downtown CRA. Residential Paint Program, Storm Resiliency, Residential Improvement grants are open until funding expires.
Heritage announces rate decrease of 6.4% for Lee policyholders Heritage Property & Casualty Insurance Company announced the Florida Office of Insurance Regulation approved a rate decrease for its Florida policyholders, with some counties seeing their rates decrease up to 9.6%. Lee County will see a 6.4% reduction. On average, Heritage Policyholders will realize a 3.3% decrease. This new rate will become effective for both new and renewal policies starting February 18, 2026. This is the second approved rate decrease Heritage has received in two years, since a 3.3% rate decrease was approved in August 2024. Notable rate decreases for Heritage Policyholders include: • Seminole County - 9.6% reduction. • Osceola County - 7% reduction. • Hillsborough County - up to 6.7% reduction. • Lee County 6.4% reduction. • Orange County - 6.1% reduction. • Tri-county (Miami-Dade, Bro-
ward, Palm Beach Counties) - up to 5% reduction. Ernie Garateix, CEO of Heritage Insurance, said, “This rate decrease is an important change for our Florida policyholders and a sign of our continued commitment to affordable and reliable insurance solutions. The approval of this rate decrease also demonstrates how the reforms Florida has made to its insurance market are paying off. Most importantly, we are putting Floridians first and supporting the communities who rely on us.” The approved rate decrease comes as Florida’s insurance market continues to improve from legislative reforms and advocacy efforts that have reduced legal costs, cut down on unnecessary claims activity, and helped steady the reinsurance market. With these conditions, Heritage is able to pass meaningful savings on to policyholders while still keeping its financial footing strong.
Construction Management I General Contracting I Design-Build Recognized for Best CommerCial ContraCtors ProjeCt Industrial Buildings$ 0 -$1.9 Million
Vantage Construction Services the right choice for your commercial construction project. 239.313.6603 www.vantageconstructionllc.com email: info@vantageconstructionllc.com CGC1529288
©
Follow us:
tivities within South Seas’ 330-acre wildlife preserve. “Captiva Landing is our boldest family-focused addition yet,” said Shawn Farrell, general manager at South Seas. “It reflects our commitment to creating unforgettable moments for families of all ages and enhancing the guest experience through innovation, play and connection to nature.” Captiva Landing joins a wave of new amenities at South Seas, including the Beach House restaurant, Harborside Italian steakhouse and a luxurious fullservice spa. These developments mark a new chapter for the resort, which has recently reopened with refreshed venues, expanded offerings and a renewed spirit following its phased recovery following the storms of the past few years. Captiva Landing and all South Seas experiences are available to registered South Seas guests and Club Captiva owners.
WANT TO KNOW WHERE TO NETWORK? Check out SWFBT’s Business-to-Business Event Calendar
www.swfloridabusinesstoday.com
Page 8
Southwest Florida BUSINESS TODAY ®
JANUARY 2026 JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 9
THERESA BLAUCH-MITCHELL, CCIM
Lee, Collier, Charlotte & Sarasota Counties SWFL CCIM Past President, Florida CCIM Membership Chair, CCIM International Committee. Hablo Español.
SPERRY COMMERCIAL GLOBAL AFFILIATES
Learn more about the value of working with a CCIM at
• INVESTMENT • RETAIL • OFFICE • INDUSTRIAL
www.flccim.com/districts/southwest-district
239-265-2628 theresa@ccim.net www.sperrycga.com
YEARS EXCELLENCE IN COMMERCIAL REAL ESTATE
PHIL FISCHLER, CCIM Fischler Property Company helps medical practice and business owners sell their commercial real estate with clarity, confidence and create exceptional results.
CARLOS ACOSTA, CCIM Lee, Charlotte, Collier & Sarasota Counties Managing Principal/Qualifying Broker. Specializing in acquisitions and disposition of retail, office, industrial, land and investment sales. 5-time CoStar Powerbroker.
• INVESTMENT SALES • RETAIL • OFFICE • INDUSTRIAL • LAND INVESTMENT • SALES & LEASING
CRES of SWFL
FISCHLER PROPERTY CO.
239-823-0115
cacosta@ccim.net www.cresswfl.com
239-895-1060 pjf@fischlerco.com www.fischlerco.com
ENN LUTHRINGER, CCIM
ADAM PALMER, CCIM, SIOR
Lee, Collier & Charlotte Counties
Naples, Fort Myers, Sarasota, Tampa & Orlando Executive Vice President - CBRE; 2026 CCIM Institute Global President; 24-time CoStar Power Broker; SIOR Dual Specialist
CBRE
239-898-8686 adam@cbre.com www.adampalmer.com
•OFFICE •INDUSTRIAL •LAND •INVESTMENT •RETAIL
Today there are CCIMs in every state, across Canada and Mexico,and in more than 30 countries around the world. Domestically, the network encompasses more than 1,000 markets, from large metropolitan areas to small cities and towns. A truly global network, CCIMs are a powerful force in markets large and small.
A partner with CRE Consultants and 22-year commercial real estate veteran, he specializes in the medical and professional office market.
CCIM is the most prestigious designation commercial real estate professionals can achieve within the industry. Graduate-level education, coupled with industry-leading technology tools, practical proven experience, and in-depth knowledge of their local markets, gives CCIMs the ability and the credibility to conduct business confidently and successfully.
CRE CONSULTANTS
239-994-3703 enn.luthringer@creconsultants.com www.creconsultants.com
PAM WITTENAUER BRATTON, CCIM
RANDY KRISE, CCIM Lee, Collier & Charlotte Counties
Cape Coral, Bonita Springs, Naples
RE/MAX REALTY GROUP 239-989-7077 pbratton@remax.net ftmyerscommercial.com
Specialist in sales and leasing of commercial and investment properties. SWFL District CCIM President in 2025. Active participant in professional and non-profit organizations. Received the 2025 Frank K. Galeana Humanitarian Award for Catholic Charities of Southwest Florida. • INDUSTRIAL • RETAIL • OFFICE • LAND • LEASING
“We Care About SWFL Commercial Realtors” With dedicated space for information: • On our website with a Commercial Real Estate section • In our quarterly Commercial RE Market section in both the print & digital versions of SWFBT • With zoned and full-run inserts • With guest column opportunities • With digital marketing options For more information, call Karen at (239) 770-7527
BILL POTEET, CCIM Collier, Lee and Hendry Counties
Broker/Owner, 39 years of commercial real estate sales and leasing, 2025 Florida CCIM VP of Administration, 2016 Florida Commercial Realtor Achievement Recipient, 2014 NABOR Realtor of the Year
POTEET PROPERTIES INC.
• SALES & LEASING • RETAIL • OFFICE 239-293-9797 • INDUSTRIAL poteetproperties@gmail.com • LAND www.poteetproperties.com • TENANT & BUYER REPRESENTATION
• COMMERCIAL • OFFICE • INVESTMENT
Overall, CCIM's global network enables members to close thousands of transactions annually,representing more than $200 billion in value. But closing transactions is only part of what CCIMs can do. In addition to holding dealmaking occupations in every property sector, CCIMs are also found in leasing, asset management, development, lending, financing, property management, site selection and corporate real estate positions. So, whatever assistance your real estate project requires, a CCIM can help you achieve a better result.
CCIM
If you are a CCIM-SWFL Chapter Designee, as a benefit, you are eligible to participate in this section. Contact 2025 CCIM-SWFL President Pam Bratton for details at pbratton@remax.net. 2024 President Ron Welebny says: “Between the CCIM branding ad I run quarterly and the ad I run regularly in SWFL Business Today, the ad program generates both phone calls and new client contacts.”
CCIM designees are bound to the strictest ethical guidelines and standards of practice in the industry today. If you ask around the industry, you'll learn that companies and other real estate professionals are more likely to seek out experts who possess the CCIM designation, as they know CCIM stands for trust, knowledge and reliability.
KRISE COMMERCIAL GROUP 239-633-8672 randy@krisecg.com www.krisecg.com
RON WELEBNY, CCIM
About The CCIM Institute
The Southwest Florida CCIM District is a chapter of the Institute established in 1954 to give practitioners of Commercial Real Estate the valuable opportunity to further their business knowledge through focused education and networking opportunities. Today, with the addition of advanced technology resources, CCIM is the Global leader in Commercial and Investment Real Estate education and services. The Certified Commercial Investment Member (CCIM) designation is recognized as the hallmark of professional competency. Belonging to CCIM means being part of an ethical and knowledgeable network that fosters lasting relationships based on mutual respect.
The Benefits of Being a CCIM!
“CCIM members can rely on CCIM as a single source for diverse solutions. The first one on that list is EDUCATION. Designees can take advantage of the ongoing opportunites so crucial to success for your clients in the commercial real estate field today, with the ‘Life After the Pin’ learning program. CCIM also offers its members many NETWORKING opportunities that may be of educational benefit as well, offering more than just a mere social experience. These networking events also may provide the foundation for building longlasting RELATIONSHIPS with fellow CCIMs who become invaluable RESOURCES for life.” — Adam Palmer, 2026 CCIM Institute Global President
Broker/owner of Krise Commercial Group and 2016 Florida CCIM Regional Vice President and Institute Board Member.
Qualifying Broker/ Managing Director Licensed Real Estate Instructor Director Royal Palm Coast Realtor Association Director, CCIM-SWFL District Past President Commercial Investment Professionals of Southwest Florida Past President SWFL Commercial Alliance Vice-Chair Laguna Estates CDD
COMMERCIAL REALTY •• BROKERS ANALYSTS ASSOCIATES of SWFL • ADVISORS 239-671-6574 Ron@CRA.us www.CRA.us
• CONSULTANTS
JARED CHILSON, CCIM
Lee, Charlotte & Collier Counties
“We Care About SWFL Commercial Realtors”
Managing Broker of Rossman Commercial Realty, specializing in investment real estate and property management-maximizing returns, reducing risk, and ensuring assets perform through disciplined, handson operational strategy.
With dedicated space for information: • On our website with a Commercial Real Estate section • In our quarterly Commercial RE Market section in both the print & digital versions of SWFBT • With zoned and full-run inserts • With guest column opportunities • With digital marketing options
ROSSMAN COMMERCIAL REALTY LLC 239-699-6668 Jared@rossmanrealty.com rossmancommercial.com
Lee, Collier, Charlotte, Hendry & DeSoto Counties
• INVESTMENT PROPERTIES • INDUSTRIAL • OFFICE • RETAIL
For more information, call Karen at (239) 770-7527
• COMMERCIAL • VACANT LAND • INVESTMENT • RETAIL • INDUSTRIAL
Puzzled over how to keep up with changes in Southwest Florida’s Business Market? The Missing Piece is in your hands...
® s
nes
usi
ll B
eA
’r We
Get a one year subscription for just $40. Call (239) 573-9732 or e-mail Publisher@swfloridabusinesstoday.com to order your subscription for Southwest Florida Business Today® now!
WILLIAM H. ROLLINS, JR., CCIM, ALC Lee, Collier, Charlotte, DeSoto & Hendry Counties
LSI COMPANIES
239-633-1963 wrollins@lsicompanies.com www.lsicompanies.com
Senior broker; Licensed in FL, GA & AL. Top 20 National Producer for Realtors Land Institute for 2017, 2018, 2019, 2020 & 2024. 2024 RLI National Broker of Year, Residential Land Sales • AGRICULTURAL • RESIDENTIAL • COMMERCIAL
Page 10
Southwest Florida BUSINESS TODAY ®
Power of preconstruction: Why early planning saves time, money and stress In our industry, uncertainty is one of the improve efficiency and biggest risks a project owner faces. Material provide peace of mind costs fluctuate, labor availability changes and throughout preconstrucdesign choices can evolve as the project develtion and into the construcops. Without a clear, reliable roadmap, budgets tion phase. Detailed project can balloon, schedules slip and stress can build schedules, risk analysis and for everyone involved. permitting plans are develOver the years, I’ve seen firsthand why inoped well before construcvesting in a thorough preconstruction process tion begins. is not just smart – it’s essential. This ensures we’re Preconstruction is where ideas become an ready with the right reactionable plan. It’s a collaborative effort from BY HOWARD sources, equipment and the start with architects, engineers, contractors WHEELER personnel from the moand owners all working together to refine de- Guest Columnist ment the first shovel hits signs, assess site conditions, identify potential the ground. This level of risks and establish realistic timelines. planning and oversight helps keep projects on When teams address these challenges up- track, reduces disruptions and allows our team front, it minimizes surprises and reduces the to stay focused on quality rather than reacting likelihood of costly delays, strengthening the to avoidable challenges. foundation for a successful project. Yet even Early planning has always been part of our with careful planning, traditional estimates can philosophy at Chris-Tel. It protects a client’s leave owners vulnerable to cost overruns and budget, supports the project’s vision and helps difficult decisions later. maintain the high standards we’re committed That’s one of the driving forces behind the to delivering. The CostLock program is an exdevelopment of our CostLock program. Unlike tension of our commitment — a valuable tool standard preconstruction estimates, CostLock designed to eliminate surprise costs and reduce offers a guaranteed price for the complete proj- risks, giving the project owners who trust our ect from day one. team a significant competitive advantage. Supported by weekly design meetings and When owners enter a project with a clear continuous budget updates, we ensure project plan, a dedicated team and a reliable preconcosts stay on track throughout preconstruction. struction strategy, they can move forward with This approach is a more transparent and ac- confidence. In my experience, that’s the key countable way to manage preconstruction — to saving time, money and unnecessary stress, one that turns the process into a true financial ensuring that your project vision becomes a partnership and gives owners the confidence successful reality. they need to move forward. Accurate planning early on is more than a Howard Wheeler II is a third-generation confinancial advantage. With CostLock, owners tractor and lifelong Fort Myers resident with can make design decisions without worrying deep roots in Southwest Florida’s construction about hidden costs that might appear down the industry. As president of Chris-Tel Construcroad. Lenders and underwriters see the value, tion, he brings decades of hands-on experitoo, because the clarity of cost certainty helps ence, a passion for craftsmanship and historic streamline approvals and reinforce confidence preservation and a commitment to building in the project’s viability. lasting relationships with clients and the comBeyond finances, CostLock allows us to munity.
A PROFESSIONAL REAL ESTATE BROKERAGE COMPANY
RANDY KRISE, CCIM
16 WINEWOOD COURT | FORT MYERS | FLORIDA | 33919
239.633.8672 | WWW. KRISECG.COM
PRE LEASING
5725 Lee Blvd, Lehigh Acres, FL Available January 2026 | 1300 SF Minimum Space
JANUARY 2026
COMMERCIAL REAL ESTATE
The ribbon-cutting event was held Nov. 18 while the branch officially opened to the public on Nov. 12
Meridian Bank celebrates grand opening of Bonita Springs branch Meridian Bank, the wholly owned subsidiary of Meridian Corporation, successfully celebrated the Grand Opening of its new, full-service branch located on Bonita Beach Road Southeast in Bonita Springs. The ribboncutting event was held Nov. 18 while the branch officially opened to the public on Nov. 12 The event brought together Meridian Bank CEO Chris Annas, team members from both the Pennsylvania and Florida markets, customers, community leaders and local elected officials. The celebration marked an important milestone in Meridian’s strategic expansion into Southwest Florida. “Many of our Pennsylvania customers maintain second homes in Florida, so expanding in Bonita Springs allows us to continue supporting their banking needs while also serving the broader community,” said Chris Annas, CEO of Meridian Bank. “Our expansion in Bonita Springs represents Meridian’s loyalty to customers and commitment to supporting the economic vitality of the communities we serve.
Opening a full-service branch allows us to better serve both individuals and businesses in this region.” During the Grand Opening ceremony, Meridian Bank presented three community donation checks to local organizations that play an important role in supporting Southwest Florida residents: Home Front Heroes; YMCA of Southwest Florida; and Literacy Council of Bonita Springs These contributions underscored the bank’s dedication to the region and its mission to strengthen the communities it serves. Meridian also worked with three talented local artists (Steve Nagy of Functional Artwork, Lorri Freedman of Lorri Freedman Photography and Tracy McAdams of Waterfront Warriors South) to craft a custom mural wall depicting a Southwest Florida sunset, which was unveiled at the grand opening celebration. Fort Myers-based M&M Multimedia produced a behind the scenes look at the making of the mural, along with interviews with the artists.
COMMERCIAL REAL ESTATE
Studio+ marks a new chapter with relocation to Fort Myers center Studio+, a national architecture, interior design and engineering firm, officially relocated its corporate headquarters to a 7,000-square-foot office in the Renaissance Center on Marketplace Road in Fort Myers. The move represents the firm’s growth and commitment to creating a collaborative and inspiring workplace for its expanding team. The new office, which opened on May 29, features inviting, modern finishes and flexible spaces designed to support creativity, teamwork and innovation. It reflects the firm’s people-first philosophy and creates a home base that accommodates the evolving needs of its employees and clients alike. To commemorate the relocation, Studio+ welcomed more than 100 guests—including staff, families, clients and community partners—for a celebration centered on “Growth with Gratitude.” The evening included remarks from CEO Damon Romanello, who reflected on the
firm’s journey since its founding in 2011 and the strong community relationships that have fueled its success. “Over the past 14 years, our Fort Myers office has moved six times as our firm has continued to grow. This new office finally feels like home,” said Romanello. “Looking around tonight, I see family, friends and colleagues who have helped shape who we are. We’re deeply grateful to everyone who joined us to celebrate and for their contribution to our success.” Romanello also introduced Eric Lane from the Collaboratory, a local nonprofit dedicated to improving quality of life in Southwest Florida through philanthropy and collaboration. “We are honored to have people like Damon and Studio+ come alongside us and support what we are doing at the Collaboratory,” Lane said. The event underscored Studio+’s appreciation for its people, clients and partners.
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 11
COMMERCIAL REAL ESTATE
STARability Foundation celebrates groundbreaking, unveils the Golisano center STARability Foundation, a leading organization dedicated to empowering individuals with intellectual and developmental disabilities (IDD), celebrated the commencement of its future campus on Northbrooke Drive in Naples. The milestone was commemorated with a groundbreaking ceremony held Nov. 19, including the unveiling of the Golisano Program Center, a building dedicated to Tom Golisano that will honor a lasting legacy, and $10 million in transformative leadership gifts from Golisano toward STARability’s permanent new home. “Thanks to the generosity of our donors, community leaders, board and committee members, STARability’s vision of creating a first-of-its kind campus and a welcoming home for people with IDD and their families is becoming a reality,” said Karen Govern, CEO of STARability Foundation. “This next chapter would not be possible without the incredible support from Tom Golisano and our entire community. As we advance this work, we are not only building a regional hub that expands services and opportunities for families across Southwest Florida but also shaping a campus that will stand as a national model for what true inclusivity can look like. We are building a brighter future for our STARs to shine.” During the momentous celebration,
Photo by Zee Anna Photography Jeff Maconaghy, STARability board chair; Elisabeth Del Pero, STARability Chief Development Officer; Vicki Tracy, Campaign Co-Chair; Karen Govern, STARability CEO; Erica Dayton, Executive Director Golisano Foundation; Carrie Cooney, STARability Board Member; and John Cooney, Campaign Co-Chair. guests enjoyed a celebratory toast, re- individuals each year, with an average of marks from STARability’s leadership, 75 participants attending daily programs. project partners and supporters and the Demand continues to outpace available opportunity to be part of this historic space, with a waiting list that grows each step forward for the community. The day. The new campus expands services campus will be built in partnership with and support to serve 1,000 people annuConnor+Gaskins Studio and several in- ally, welcoming 180 participants on camdustry design leaders who are contribut- pus each day and eliminating the waitlist. The renovation marks the beginning ing their expertise to the project, including Stofft Cooney Architects, Lisa Kahn of a long-term, multi-phase plan to creDesigns, Architectural Land Design and ate a comprehensive, purpose-driven campus tailored to meet the growing Davidson Engineering. STARability serves more than 370 needs of Southwest Florida. The project
transforms the existing 42,000-squarefoot, two-story building into an inclusive, state-of-the-art program center, setting a new standard in Florida as a regional hub for people with IDD and their families to Golisano learn, grow and thrive. “Supporting opportunities for people with intellectual and developmental disabilities has been a major focus of mine for more than 40 years,” Golisano said. “STARability’s new campus is an important and muchneeded step for Southwest Florida. It will provide more individuals and families with the programs and support to help them build meaningful, independent lives. I’m pleased to contribute to a project that delivers real results and strengthens inclusion in our community.” STARability is a regional leader in providing innovative, results-driven programs designed to accommodate the unique needs of individuals with intellectual and developmental disabilities throughout Southwest Florida. Their life-transforming work ensures families have access to programs, resources and an inclusive community that provide opportunities to lead a meaningful and productive life.
COMMERCIAL REAL ESTATE TOPCAT completes full-scale remediation, rebuild of office building
TOPCAT Property Restoration, a Southwest Florida provider of commercial mold remediation, water damage restoration, exterior envelope repair and full-scale rebuild services, announced the completion of a major restoration and renovation project for a 5,000-squarefoot, two-story commercial office building in Southwest Florida. What began as a small mold concern in one office evolved into the discovery of widespread water intrusion, structural deterioration, environmental contamination and building envelope failure throughout the property. TOPCAT was contracted to provide a turnkey restoration, including full mold remediation, exterior rebuilding, code compliance upgrades and complete interior renovation. Extensive damage discovered After initial inspection, TOPCAT identified significant issues across the building: Those included 18 leaking windows, hidden mold and moisture throughout both floors, contaminated drywall and insulation, water intrusion behind walls and siding, rusted metal siding and damaged steel framing, stucco cracking and waterproofing failures, roof-related moisture issues, mold-affected commercial desks and office furniture and ongoing active leaks during rain events The extent of the damage required a coordinated, multi-disciplinary response.
Comprehensive mold remediation, clearance TOPCAT completed full-building mold remediation, including containment of all affected areas, removal of damaged insulation, drywall and office furniture, multiple dry-outs during active leaks, HEPA vacuuming of all interior surfaces, antimicrobial application on hard surfaces, full duct system cleaning and AC unit cleaning and sanitation. The property then underwent post-remediation verification by a licensed hygienist and passed final clearance.
Exterior envelope rebuild To fully eliminate the source of water intrusion, TOPCAT rebuilt critical components of the building’s exterior, including: removal of all old windows; installation of 18 new hurricane-rated commercial windows; replacement of rusted metal siding with new, colormatched material; repair of damaged structural steel around window openings; installation of new window bucks; stucco crack repair, waterproofing and repainting; and replacement of the front door with a new commercial-grade unit and lock This restored the building envelope to a watertight, structurally sound condition. Full code compliance, safety upgrades TOPCAT coordinated all required inspections and life-safety upgrades, including: emergency lighting replacement; exit sign upgrades and repositioning; fire
extinguisher replacement and recertification; electrical system adjustments; and completion of all fire-safety and final building inspections. All systems passed without issue.
Interior renovation and modernization With the building stabilized, TOPCAT completed a full interior renovation featuring: construction of four new offices; a new reception area with custom reception window; new insulation and drywall under all windows and new walls; full interior painting; new commercial flooring, trim, doors and ceilings; and stairwell repairs, painting and ceiling replacement The space was transformed into a clean, modern and fully functional commercial workspace. Turnkey partner for complex commercial projects “This project demonstrates exactly what we’re built for,” said Tim Mitchell, co-owner of TOPCAT Property Restoration. “When a building has multiple problems — water intrusion, mold, structural issues, code compliance failures — property owners need one qualified team who can take control of the entire process. That’s what TOPCAT delivers.” TOPCAT specializes in offering end-to-end solutions, reducing risk for property owners by managing remediation, reconstruction, safety compliance, engineering and finishing work under one roof.
COMMERCIAL REAL ESTATE SERVICES 911 Restoration
Water Damage, Fire & Mold Specialists
Steve Bray 551 Owen Ave N. Unit #11 Lehigh Acres, FL 33971 239-777-3516 sbray360@gmail.com FL State MRSR69 CGC #1518776
The Land Lady 20+ years SW Florida
Commercial-Residential Investment
Development
Jessica Russo
Broker – Owner – Development Consultant 239.849.0012 jessica@developmentrealty.org DevelopmentRealty.org
COMMERCIAL ARCHITECTURE, PLANNING & DESIGN We take your ideas from concept to completion.
1228 Lafayette St. #1 Cape Coral, FL 33904 239.549.0997 CastellanosTramonte.com AA# 26003303
We Care About SWFL Commercial Realtors With dedicated space for information:
• On our website with a • With digital marketing • In our quarterly Commercial Commercial Real Estate section options RE Market pullout in both the • With zoned and full-run • With guest column print & digital versions inserts opportunities of SWFBT For more information, call Karen at (239) 770-7527
www.swfloridabusinesstoday.com
Page 12
Southwest Florida BUSINESS TODAY ®
Record-breaking crowds attend sand sculpting championship
The Fort Myers Beach Chamber of Commerce announced the resounding success of the 35th Annual American Sand Sculpting Championship, which drew thousands of attendees to Fort Myers Beach from Nov. 20–24. With 27 masterful sculptures, beautiful weather, an expanded festival layout and live music each evening under the Big Top Tent, this year’s event stands as one of the most memorable in its 35-year history. Artists from more than 10 states and six nations transformed the shoreline into a spectacular open-air gallery, showcasing extraordinary skill, creativity and artistry. “The American Sand Sculpting Championship con-
tinues to honor the creativity, resilience and community spirit of Fort Myers Beach,” said Jacki Liszak, president of the Fort Myers Beach Chamber of Commerce. “This year’s attendance, combined with the incredible quality of the sculptures, shows how meaningful this event is for both locals and visitors. We are deeply grateful to all who helped make this year’s championship such a tremendous success.” Festival highlights included expanded viewing areas, kids’ activities, festival food, photo opportunities, interactive demonstrations and nightly live music under the Big Top Tent.
Florida’s reemployment tax rate remains at lowest possible rate
The Florida Department of Revenue announced that approximately 65% of Florida’s employers will continue to pay the lowest possible rate for reemployment taxes in 2026. This is the 11th consecutive year employers are benefiting from the low rate of 0.1%. Those contributions go toward a program that helps Florida’s job seekers become reemployed. Florida’s job growth rate outpaces the national average, which has allowed the state to maintain the minimum reemployment tax rate for businesses. “Eleven years of the lowest possible reemployment tax rate is a testimony to the strength of Florida’s workforce and economy,” said Florida Department of Revenue Executive Director Jim Zingale. “This low tax rate gives employers greater freedom to grow their businesses.” “Under Gov. (Ron) DeSantis’ leadership, Florida has maintained the lowest possible reemployment tax rate,”
INDICATORS PAGE 1 Single-family home sales in the Cape Coral-Fort Myers Metropolitan Statistical Area totaled 1,123 units in October, up 26.7% from October 2024. The median price in the Cape Coral-Fort Myers MSA was $389,900 in October, a 2.5% decrease from October 2024. The Naples-Immokalee-Marco Island MSA registered 380 single-family home sales in October, a 32.4% increase compared to October 2024. The median price in the Naples-Immokalee-Marco Island MSA was $743,650 in October, down 1.5% in October 2024. The Punta Gorda MSA reported 461 existing singlefamily home sales for October, up 22.9% from October
said Florida Commerce Secretary J. Alex Kelly. “Florida businesses directly benefit from this stable and predictable tax environment because it allows employers to reinvest more capital into growth, innovation and workforce development. Advancing our low-tax and business friendly climate is critical to remaining competitive in our target industries and ultimately supporting Florida’s job seekers and job creators.” Employers pay a percentage only on the first $7,000 of wages paid to each employee. Florida is one of only four states with a $7,000 wage base; all remaining states have a higher wage base. Employers with stable employment receive the lowest rate. Reemployment taxes, or payroll taxes, fund Florida’s Reemployment Assistance Trust Fund. This fund currently has a balance of more than $4.8 billion.
2024. The median price in the Punta Gorda MSA was $342,000 in October, down 3.7% from the same month last year. On a typical day in October, Southwest Florida had 20,567 residential properties listed for sale. Listings in the region rose 4.1% from September and were 12.4% above the October 2024 measure. Lee County had 11,040 active listings in October, a 3.5% increase over September and 13.3% above the October 2024 measure. Collier County recorded 5,635 active listings in October, a 6.5% improvement from the previous month and 12.2% above the same month last year. Charlotte County active listings went to 3,553 units in October, up 2.7% from the prior month and 10.1% above October 2024.
JANUARY 2026
Fort Myers Beach welcomes new public information officer
The Town of Fort Myers Beach announced the addition of Abigail Eberhart as its new public information officer. Eberhart brings a background in strategic communications, public-sector engagement and crisis communication and will lead the Town’s efforts to strengthen transparency, enhance community engagement and ensure residents have access to timely, accurate information. Eberhart holds a bachelor’s degree from Georgetown University and a professional certification from the Public Relations Society of America in Crisis Communications, providing her with advanced expertise in high-stakes messaging and transparent public communication. Her career includes experience in both the government technology sector and the oilfield services industry, where she has led strategic communication initiatives, supported executive leadership and developed public messaging for complex, highvisibility issues. Her ability to translate technical, operational and policy-driven information into clear, accessible communication positions her as a strong asset to the Town and its residents. “Abigail brings a wealth of communications experience and a deep commitment to public service,” said Town Manager Will McKannay. “Her background in crisis communication and publicsector engagement will be an invaluable asset as we continue improving transparency, strengthening community trust and keeping residents informed. We’re excited to welcome her to the team.” “I am incredibly excited and deeply honored to serve the Town of Fort Myers Beach,” said Eberhart. “This community is resilient and full of heart, and I am committed to ensuring our residents receive clear trustworthy information every single day. My goal is to elevate communication and strengthen public trust so we can best tell the story of Fort Myers Beach as it continues to rebuild and thrive. I’m all in for this community and proud to be part of its future.” Eberhart will serve as the primary media contact for the Town and will oversee public communication across digital, print and emergency channels.
IN BUSINESS SINCE 2012
1999
1999
“Our Pride Is Your Property” ™
Commercial Property Liability • Work Comp Auto • Contractors HOA / COA
Helping you protect your Business or Association. Call us today to discuss your coverages and options.
Tim Mitchell, Owner
llCRC Certified Licensed & Insured
Celebrating 29 years in business / Family Owned
MRSR #4208 / IICRC Certification #70020254
239-443-8188 (Cell) 239-297-8063 (Office)
Residential or Commercial
Water • Mold • Fire Reconstruction
www.LciQuotes.com • 239-656-5551
390 Pondella Rd #1, N Ft Myers, FL 33903
TOPCATPropertyRestoration.com
1994
1993
M��� �� S�������� FL
The Southwest Regional Manufacturers Associa�on (SRMA) connects local manufacturers with resources they need. Visit srma.net or call Bill at (239) 258-1385.
www.srma.net
1981
What if your employees talked about your holiday party… next July?
Stuffy dinners dên’t make memêries. Condo & HOA Law | Real Estate | Litigation Wills, Trusts & Estate Planning Corporate & Business Organization Personal Injury & Medical Malpractice | Family Law
gadclaw.com
Naples: 239. 331 . 5100 Fort Myers: 239. 333 . 2992
2016 MERGER
The Letter Box, Inc. It Pays To Advertise!
We appreciate your business SWFL
(239) 574-2028
www.TheLetterBoxInc.com
2022
Tax Preparation • Estate Planning For Individuals & Businesses 239.939.5303 • 239.481.4114 www.SolomonHoover.com 1342 Colonial Blvd., Ste. B-11 • Fort Myers, FL 33907
ParadiseFoodTours.com
2019
TELL YOUR STORY Have you ever considered writing a book? It can help you: • Add a level of credibility • Aid business connections • Create income streams • Leave a legacy For more information contact: Handel on Writing (239) 201-0559
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 13
NCH institute first in Florida to use next-generation catheter
NCH Rooney Heart Institute recently became the first in Florida to utilize the new Shockwave C2 AEROTM coronary catheter to treat patients with calcified coronary artery disease, marking another major milestone for NCH, the Cath Lab team and Southwest Florida. Since the Shockwave Intravascular Lithotripsy system was first introduced in 2021, it has revolutionized how cardiologists treat hardened calcium buildup inside heart arteries. The technology uses carefully controlled sound waves to gently break up the calcium without harming nearby healthy tissue, allowing doctors to safely widen the artery and restore blood flow. “Calcium buildup can make stent procedures difficult, risky, and time-consuming,” said Dr. Vincent Siebert, interventional cardiologist at NCH Rooney
Heart Institute. “The Shockwave system lets us treat these challenging cases more safely and effectively, helping patients recover faster and get back to their daily lives.” The procedure works by inserting a specialized balloon catheter into the narrowed artery. When activated, the catheter delivers short bursts of sonic energy like the technology used to break up kidney stones. These sound waves create tiny fractures in the calcium deposits, softening the blockage so the artery can be expanded and stented more easily. Unlike older methods that use high-pressure tools to grind or cut through calcium, Shockwave IVL minimizes trauma to the vessel, reduces complications and shortens procedure time; the new Shockwave C2 AEROTM catheter represents the latest evolution of this technology.
COMMERCIAL REAL ESTATE
Reimagining commercial construction with agile approach In Southwest Florida, growth is accelerating and commercial companies need facilities that combine functionality, security and innovation. For Curran Young Construction, the mission is simple: deliver projects that meet or exceed expectations on time, on budget and without surprises. The goal is to cut the fluff and corporate overhead that slows progress and dilutes quality. Instead, the focus should be on what matters most: smart planning, precise execution and transparency at every turn. To do that, it’s important to focus on technologydriven efficiency and providing adaptable solutions. One recent example is IncredibleBank’s flagship Cape Coral location. The challenge was clear: build a modern banking facility with advanced ITM (interactive teller machine) lanes and secure zones on a tight timeline with a non-negotiable opening date. By leveraging a streamlined process and integrated technology, we delivered a 5,630-square-foot space on schedule that reinforced the brand’s high standards and enhanced customer experience. In fact, the project was so successful, construction of another IncredibleBank location at Liberty Park in Cape Coral is currently underway. Technology drives efficiency and transparency in every project, but it must serve a purpose. Curran Young Construction uses cloud-based integrated
technology to streamline and optimize everyday processes. It’s important not to be distracted by flashy new tech for the sake of it. Instead, focus on perfecting the synergy between internal teams using results-driven technology to keep clients up to date on where their project stands. Adaptability is equally critical. Today’s commercial spaces must anticipate future needs. BY CHRIS At IncredibleBank, integrated CURRAN pickup technology and flexible Guest Columnist layouts proved to be ideal solutions to support evolving banking trends, ensuring the space remains relevant for years to come. Commercial construction is an investment in the future. Curran Young Construction combines bigcompany expertise with small-company agility to deliver exceptional results that help businesses thrive in a dynamic market. Chris Curran is the chief executive officer of Curran Young Construction. He cofounded the company in 2018 with company president Bruce Young. Contact (239) 829-8378.
LCEC leader speaks at national executive summit
LCEC Chief Financial Officer Sarah Bullock spoke at the National Rural Utilities Cooperative Finance Corporation’s annual summit, one of the most prestigious leadership events in the electric cooperative industry. Attendance at this exclusive summit is by invitation only and limited to executives from rural electric cooperatives. Hosted by the National Rural Utilities Cooperative Finance Corporation, the 2025 CFC Executive Summit brought together top cooperative leaders from across the nation to network with peers, hear from national experts and gain insights on emerging financial, operational and management challenges. Bullock spoke on the From Now to Next: A Leadership Conversation panel. The session explored how electric cooperatives are adapting to rapid growth and change. Topics included investing in infrastructure, balancing affordability and reliability, responding to state policy and innovating for long-term sustainability. Bullock’s participation reflects LCEC as a strong industry leader within the cooperative network. It
LCEC Chief Financial Officer Sarah Bullock, right, spoke at the National Rural Utilities Cooperative Finance Corporation’s annual summit. also provided an opportunity to share the growth and experiences LCEC has managed with financial stewardship and long-term planning, while bringing back valuable insights from peers and national experts.
Did you know ... that SWFBT highlights:
• Breaking Business News • Photo Galleries • Professionals who are • B2B Events Calendar “Going Places” • Commercial Real Estate ... and much more at Directory
www.swfloridabusinesstoday.com
“NCH’s rapid adoption of the Shockwave C2 AERO technology reflects our commitment to bringing the most advanced cardiovascular treatments available anywhere to our patients right here in Collier County,” said Robert Cubeddu, Brynne and Bob Coletti Endowed Chair and president of NCH Rooney Heart Institute. “It’s another example of how we’re continually improving access to world-class heart care close to home.” The introduction of this cutting-edge device underscores the NCH Rooney Heart Institute’s role as a regional leader in cardiovascular innovation. “This represents yet another first for Southwest Florida,” Siebert saod. “We’re proud to offer our community the latest advances in cardiac care and continue our mission to save lives through innovation.”
GROUNDBREAKING PAGE 1 “Duffie North represents our commitment to providing modern, flexible warehouse space that meets the evolving needs of businesses in Southwest Florida,” said Robert Brown, founder and CEO of GCM Contracting Solutions. “With Punta Gorda’s growing infrastructure and proximity to the airport, companies can operate efficiently, reduce costs and tap into a skilled local workforce. We’re proud to support the region’s ongoing economic growth.” According to Charlotte County Economic Development, Punta Gorda continues to experience sustainable, well-managed growth driven by long-term investments and proactive planning in key commerce zones, including the rapidly expanding Airport Commerce Center. Charlotte County Commission Chairman Joseph Tiseo, who spoke at the event, emphasized how Duffie North supports countywide economic priorities. “Duffie North aligns perfectly with our vision for balanced growth in Charlotte County,” Tiseo said. “Projects like this ensure we have the facilities, infrastructure, and opportunities needed to support the businesses and families who call this community home.” This momentum is reflected in the county’s business recruitment efforts as well. “This project comes at a pivotal time for Charlotte County,” said Kay Tracy, director of the Charlotte County Economic Development Office. “Duffie North not only gives employers the space they need to grow as our workforce expands, it also brings high-wage job opportunities for our residents and strengthens our long-term tax base. That expanded revenue directly supports our schools, public safety, emergency services and quality-of-life investments that benefit every corner of our community. Projects like this ensure Charlotte County remains competitive, resilient and well-positioned for the future.” The project features two state-of-the-art buildings, each approximately 54,000 square feet, with a combined total of under 108,000 square feet. Both are grey shell facilities, allowing future tenants to customize their spaces. A centralized truck court with ample circulation supports modern logistics and distribution operations, making Duffie North a scalable solution for businesses seeking high-clearance industrial space in a rapidly growing commercial corridor.
Dedicated to Helping Small Business with Employee Funded Benefits When Life happens and you’re not prepared, my team and I are here for you, to help with unexpected bills.
Here’s what Kelly’s customers are saying: “ Kelly came into my business and educated my employees about the benefits that she offers and was very helpful and offered my employees the option if they wanted to use it or not. She is who you need to go to as a small business owner.” — Chase Brzeczek “Excellent service. Kelly has been fabulous, she’s knowledgable, attentive and has been really helpful in providing us with the information we needed to obtain the best plan for our needs. Thank you!” — Jackie Pike
Kelly Daley (941) 404-3660 Kelly.Daley@ColonialLifeSales.com facebook.com/KellyDaleyColoniallife
Page 14
Southwest Florida BUSINESS TODAY ®
JANUARY 2026
COMMERCIAL REAL ESTATE
Market Trends 2026 to discuss what’s next for Florida’s real estate market Local real estate leaders will present Market Trends 2026, Southwest Florida’s largest real estate summit, which will be held from 4 to 7:30 p.m. on Thursday, March 12 at Caloosa Sound Convention Center in Fort Myers. From shifting interest rates and housing supply to buyer behavior and national housing trends, the real estate market is full of opinions and chaos. This year’s theme, “Data Over Drama,” will explore the ever-changing shifts in the real estate market, cutting through the noise to address what really matters to industry leaders, decision-makers and professionals. Experts will
Grimes
Simmons
Thibaut
break down the latest local and national trends – backed by data – to equip attendees with strategic
COMMERCIAL REAL ESTATE
insight on what’s shaping Southwest Florida in 2026 and beyond. Three local real estate voices will present the latest market data, research and fact-based analysis for a state-of-the-industry discussion. Justin Thibaut, president and CEO of LSI Companies, will cover the topic of land, new home sales and development, while Denny Grimes, president of Denny Grimes & Team at Keller Williams Realty, will share expertise on residential real estate and Matt Simmons, managing partner of Maxwell, Hendry & Simmons, will present updates on the commercial real estate sector.
COMMERCIAL REAL ESTATE
Owen-Ames-Kimball breaks ground on The Community Church
Photo credit: Lee Building Industry Association Stevens Construction wins eight awards at the Lee Building Industry Association Summit Awards, pictured left to right: Marc Adams, Josh Bishop, Carlos Higuera, Hunter Stevens, Mike Brooks, Jay Wolfe, Drew Norris, Mark Stevens, Dan Adams, Gio Cardet, Kelly Escorcia, Jeff Brunderman and Jodi Huntoon.
Stevens wins at Lee Building Industry Association Industry Awards
AL COR , FL 33 PE
EST 7DEC 1981
0 99
CA
Stevens Construction earned eight awards at the Lee Building Industry Association (BIA) Industry Awards including the highest honor of the night, Contractor of the Year, announced Mark Stevens, company president. A panel of nationwide judges named Stevens Construction Contractor of the Year based on criteria such as the company’s achievement of goals, client relations and community responsibilities. This is the 13th year Stevens Construction has received this honor, the company won in 2024, 2023, 2022, 2020, 2018, 2017, 2016, 2015, 2014, 2012, 2011 and 2007. Stevens Construction earned a Summit Award in the best restaurant category for The Magic Bus, located on Periwinkle Way on Sanibel. Within eight weeks, Stevens Construction’s special projects division repaired and renovated an existing 1,200-square-foot building heavily damaged by Ian into a bright and cheerful ice cream and coffee experience with epoxy flooring, hand-painted murals and decorative Volkswagen buses. Stevens Construction’s special projects team also won a Summit Award for Foxtail Coffee Co., in the build-out/tenant in-fill category. Located at 2494 Liberty Park Drive in Liberty Health Park in Cape Coral, the Stevens Construction special projects team completed a 1,540-square-foot build-out
of a shell space into the fast-growing craft coffee brand’s first Cape Coral location in 85 days. In the best hospitality category, Stevens Construction earned a Summit Award for The Beach Bar, a new 6,133-square-foot building located on I Street on Fort Myers Beach and the first ground-up commercial to build back after Ian destroyed the original structure in 2022. A popular venue for live music, the first floor houses The Beach Bar, an open-air, walk-up bar offering covered beachfront seating, retail area, storage and covered parking. The entire first floor is designed to be flexible should a storm be imminent and includes temporary cooler storage and restroom trailers, both of which can be easily relocated. Additionally, The Beach Bar is equipped with turtlefriendly glass and lighting to protect hatching sea turtles by controlling beachfront illumination. The second and third floor is a residential unit available for rent. Also in the best hospitality category, but in the $15 million-$19 million division, Stevens Construction won a Summit Award for Shalimar Beach Resort, located on West Gulf Drive on Sanibel. In 18 months, Stevens Construction built a 52,207-square-foot property featur-
Direct Mail Marketing
It Pays to Advertise!
• Direct Mail Marketing • Mailing Lists • NCOA (National Change of Address) • Direct Addressing • Folding, Collating, & Tabbing • Machine & Hand Inserting • Metering & Stamping • Cost-Effective Solutions
The Letter Box, Inc. 239-574-2028 email: info@theletterboxinc.com • www.theletterboxinc.com 1616 NE 10th Terrace, Cape Coral, 33909 Serving Southwest Florida for over 40 years
STEVENS See page 15
Owen-Ames-Kimball Company (O-A-K) joined The Community Church at Babcock Ranch, residents and community members, to celebrate a meaningful milestone—the groundbreaking of the congregation’s first permanent home. This marks a historic moment as the first church ever to be constructed within the Babcock Ranch community. The future campus will serve as a welcoming space for worship, fellowship and community connection. Designed to grow alongside Babcock Ranch, the project will be completed in two phases. Phase 1 includes construction of the Fellowship House, a 6,000-square-foot chapel and ministry center scheduled for completion in October 2026. Phase 2 will add a 16,000-square-foot Worship Center, connected to the Fellowship House by a landscaped courtyard. Together, the two buildings will create a flexible and enduring hub for spiritual growth and community engagement. “O-A-K is honored to partner with Pastor Shapton and The Community Church leadership to help bring this vision to life,” said Matthew Zwack, of Owen-Ames-Kimball. “This is more than a construction project—it’s the creation of a gathering place where people will celebrate, reflect and build relationships for generations.” Located on Commons Drive near Bloom Academy, the facility is designed to serve the wider community as well as the congregation. In addition to worship services and ministry programs, the space will host youth day camps, mental health training, and meetings for local nonprofit organizations. O-A-K also extended gratitude to Kitson & Partners for its vision and ongoing support of this project and the broader Babcock Ranch community “This is a historic day, not just for our congregation but for the entire town,” said Pastor Matt Shapton. “This is more than just another building, this is a place for people to find hope, help and healing. Following Jesus Christ in the world and Leading with Love, that is our mission.”
®
Don’t forget to post your virtual and in-person B2B events to swfloridabusinesstoday.com/ calendar SWFL’s most comprehensive B2B event calendar
JANUARY 2026
Southwest Florida BUSINESS TODAY ®
Page 15
Housing Foundation launches ‘Future Forward Scholarship Program’ The Southwest Florida Housing Foundation, in partnership with the Housing Authority of the City of Fort Myers, launched the Future Forward Scholarship Program, a new initiative designed to break down barriers and build stronger futures for Fort Myers students. Established in celebration of the Housing Authority’s 65th anniversary, the new scholarship program launched with $532,975 in funding thanks to donors at the Housing Authority of the City of Fort Myers’ anniversary celebration event in October. “This scholarship program is about investing directly in the young people of our neighborhoods – opening doors, sparking opportunity and shaping the next generation of leaders right here in Fort Myers,” said Marcia Davis, executive director of the Housing Authority. “Future Forward is designed to help break down financial barriers and support the aspirations of students who are ready to take the next step.” The program will award scholarships
HOUSING PAGE 1 According to Cremer, this part of the Act states if a property is zoned for industrial, commercial or mixed use and the developer commits to 40% of the residential component of the project being affordable, then the developer can move forward with the project. It allows the developer to ultimately bypass the normal entitlement process. “So, that sounds great, but as all of you in this room can imagine, how do you think local elected officials reacted?” They didn’t like that power of determining land use being taken out of their hands, he stated. “So in the last two state legislative sessions, we’ve seen tweaks to Live Local. I think this will continue moving forward.” Part of this clarification is needed because the language of the Act is so broad and therefore open to interpretation. “One local government said, ‘No office zoning, that’s not commercial because the word commercial is not in the description.’ Now there are clearer definitions in Live Local,” Cremer said. “What is commercial use? It’s pretty simple. It’s for-profit enterprise.” According to Cremer, the hardest part about adapting Live Local is that it’s only a partial preemption of local government control in this arena, leaving a lot of room for confusion for all parties. “It is so difficult because it’s picking and choosing what pieces are preempted and which decision now has to get made by someone on government staff. Somebody’s neck is going to be on the line if they make the wrong decision. So you see a lot of local government staffs being more hesitant to help move Live Local projects forward, even though they all say ‘We love affordable housing.’” Allan noted, “So yes, in a situation like this, there’s always things that don’t work. They sound great, they work in concept, but then you get some pushback from the developer community, local governments and we all have to adapt, to change, as we move forward.” Successful project case studies “We’ve had some success in Naples,” Shear stated. McDowell completed a 7-acre Collier County project, achieving 25 units per acre maximum density. “Going into Collier, we had some
Housing Authority board members with award recipients of up to $2,500 to high school seniors Voucher Program of HACFM to apply. and graduates who demonstrate academ- The funds will provide tuition assistance, ic commitment, community involve- books and cover other educational exment and leadership potential. Individu- penses, relieving financial stress for stuals must be residents of the HACFM or dents and their families and helping them the Southwest Florida Housing Founda- contribute meaningfully to their commution properties or who receive housing nities. assistance through the Housing Choice In addition to traditional scholarships, experience and a track record with them; I think that certainly helped in terms of the political relationship,” he noted. “But then they tried to stop the project with retroactive action regarding density, which we were able to circumvent by getting ‘grandfathered in’ because our development had been approved prior to the change in the county’s policy.” He added, “Now it does seem like they’re following state preemption guidance and are going to play ball going forward.” He continued, “But I know there’s still a number of jurisdictions opposed to Live Local because they are opposed to the concept of affordable housing. What we’re seeing is the ‘Not In My Back Yard’ attitude still exists. The various jurisdictions can often find ways to ‘ride you out’ so your development ‘dies on the vine’ because time is extremely important to our execution. “But for the large part,” Shear indicated, “while it may not work perfectly, the Act is relatively supported. I’m optimistic that the Act has been very beneficial and will continue to be.” Allan shared, “We have a good template in terms of what we can use to repeat. And I also think that, outside of building the relationships with the government entities, knowledge is power. So, it’s crucial for us to keep up with what’s going on in Tallahassee, as well as knowing the local legislation.” Revital’s City of Fort Myers project includes 200 units, with 65 units of supportive housing for individuals with developmental disabilities, which, Allan noted, is a specific, much-needed and difficult niche to fill. It will be adjacent to the new Goodwill headquarters. He added: “Lee County government was amazing to work with. It was the early stages of Live Local so we were learning the process, learning with them, so we were able to bounce ideas off each other. It was ‘collaborative cooperation.’ ” While Cremer is aware of approximately five active Live Local litigation cases statewide, there may be more. Litigation is expected to increase as enforcement mechanisms strengthen and developers gain confidence in legal remedies. At the same time, over time, the panelists expressed hope these much-needed affordable and workforce housing developments will become easier to create across the state and Southwest Florida.
STEVENS PAGE 14 ing multiple buildings offering several accommodation options for short- and long-term guests. With 33 units and the first ground-up resort to be constructed after Ian, Shalimar Beach Resort features an enhanced structural design with 559 concrete piles securing the eight buildings. Each building is six feet above base flood elevation to ensure building resilience, which was proven during Hurricanes Helene and Milton in 2024 as no water entered the newly constructed
the program also provides leadership grants for members of the Boys & Girls Club of Lee County, located adjacent to the Housing Authority’s office, enabling them to attend statewide leadership conferences and competitions. One of the conferences, the Keystone Leadership Conference, is hosted annually by the Boys & Girls Clubs of America and brings together teens from across the globe. This will help expose youth to key leadership training and higher education. “We are thrilled that these leadership grants will open doors for our youth to attend conferences like the Keystone Leadership Conference, and we are deeply grateful to the Housing Authority for making these opportunities possible,” said Denise Gergley, CEO of Boys & Girls Clubs of Lee County. “Through experiences like this, our teens gain essential leadership skills, confidence and a broader perspective on what they can achieve.” Applications open in early 2026 and will be shared with residents. buildings. Shalimar also incorporates turtle-friendly glass and lighting to protect hatching sea turtles by controlling beachfront illumination. Located on Pine Ridge Road in Fort Myers, Kelly Brothers won a Summit Award in the best industrial project category. Stevens Construction demolished the existing 14,240-square-foot building damaged by Hurricane Ian and constructed a 26,963-square-foot industrial building with a two-story office area, allowing Kelly Brothers to expand marine construction operations with 11 service bays, offices, conference room, reception, storage mezzanine and shell space.
BOOST YOUR SALES
DIGITAL MARKETING OPTIMIZATION • Get found online
FREE
• Drive more leads
Custom Digital Presence Report
• Increase retention • Dominate the market • Get an optimized website
Find out how you compare to your competition.
239.465.0310 ActiveDataDigital.com
Do it right from the start and the possibilities are infinite.
Page 16
Southwest Florida BUSINESS TODAY ®
JANUARY 2026
HERE FOR YOU… YESTERDAY, TODAY AND TOMORROW Each New Year brings fresh opportunities for growth and resilience. As the oldest locally owned and managed community bank in Lee County, we serve as a trusted and responsive banking partner by building strong relationships and providing safe, modern and convenient banking solutions.
Our Founders
Robbie Roepstorff, President and Geoffrey Roepstorff, CEO
Cleveland Avenue Office
River District Office
Sanibel Office
Captiva Office
Edison National Bank/Bank of the Islands has been celebrating clients’ annual milestones and successes for nearly three decades. This 29-year history of stability, together with our 5-Star Superior Rating from Bauer Financial, underscores that we are standing strong with money to lend.
We Make Banking About You!
S. Cleveland Avenue 239.466.1800
Bank of the Islands - Sanibel 239.472.7211
River District 239.334.4668
Bank of the Islands - Captiva 239.395.0248
EdisonNationalBank.com Equal Housing Lender | Member FDIC | Bank of the Islands is an office of Edison National Bank.