Jaunary 2024 Southwest Florida Business Today by Southwest Florida Business Today

® Celebrating 17 Years

SOUTHWEST FLORIDA’S B2B MARKETPLACE • 239-573-9732 Vol. 17, No. 3 / JANUARY 2024 www.swﬂoridabusinesstoday.com

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Talmage offers post-Ian economic update

COMMERCIAL REAL ESTATE MAR Special to Karen P. Moore, Publisher

Lee County Economic Development Director John Talmage recently shared current information regarding post-Ian tourism impact and overall jobs recovery in Lee County. He first addressed the biggest negative impact on Lee County’s economy. “Well, there’s two aspects of this. From the county revenue side, our bed tax collection is down 40% still. And that just won’t recover until the num-

ber of short-term rentals and a lot of opportunities return. So that’s a rebuild issue, though.” Then he noted the second aspect, which includes some positive recovery news on the tourism side. Talmage “We set some historical numbers, you know, two years ago: we brought in $65 million of bed

tax that year,” Talmage said. “Now we’re just 14% down from where we were in 2019. So really from a long-term trend, we’ve almost gotten back to where we were in 2019. But we’re nowhere near where we were towards the high end of our collection period, which is 2022 or 2021. A lot of this is because the higherend properties on Sanibel and Captiva aren’t back yet: South Seas, Casa Ybel, Sundial.”

A look at commercial real estate trends & topics in Southwest

Commercial Real Estate

SWFBT’s annual edition is a comprehensive overview of the SWFL market’s plans, projects and partnerships, as SWFL moves forward through Hurricane Ian recovery.

UPDATE See page 15

PET PROJECT

Save the Date

Coming Wednesday, April 17 through Friday, April 19, 2024, the 37th annual international Edison Awards, honoring innovation and innovators who create positive impact in the world, will be held in Fort Myers. For more information, visit www.edisonawards.com . Sign with us,

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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

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A comprehensive a quarterly Southsection that is Real Eswest Florida Commercial

IN THE NEWS

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 excited is He like developments several existing page 19

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, Peru and other locales International companies Mexico, Spain, goods, artisanal Guatemala, apparel, El Salvador, food, coffee, fruits, cooking systems featured wine, snack and state-of-the-art to County industry merchandise companies showcases Lee founded as part of Port Manatee, during the summit. An expo-style summit from seven nations Trade Hub at in Florida and leaders visiting markets Summit. The International International Trade advice and business 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

GAMMON See

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

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 Gall. He has over OPENING

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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

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

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HOT CROP Commercial Real Estate

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

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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

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

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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, Smart Companies executive chairman; Sofia Blanno, The 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

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Suffolk shared new pathways for careers in construction to help students gain success and financial independence with well-paying, in-demand professional careers in construction. Suffolk presented Spot (affectionately known as “Spot the Robot Dog”), a robot built by Boston Dynamics and used by Suffolk for site documentation purposes.

Immokalee students see robot, AI in construction

During the “Business, Construction and Engineering Career Pathway” event presented by the Immokalee Foundation on Dec. 7, Suffolk leaders educated high school students about careers in construction and STEM-related jobs that go beyond swinging hammers. Suffolk presented “Spot the Robot Dog,” a robot built by Boston Dynamics and used by Suffolk for site documentation purposes. The robot is programmed to walk Suffolk’s job sites and complete image capturing and laser scanning capabilities that allow teams to better understand and visualize sites in a safer, more efficient way. Suffolk is one of the only general contractors in the country that owns this robot and uses it on job sites. ROBOT See page 15

IMPORTANT BUSINESS NOTES

IN THE NEWS Fort Myers area tops in over-theyear job growth rate in state

FloridaCommerce announced that, for the third month in a row, the Fort Myers area had the fastest over-the-year job growth rate compared to all metro areas in the state in professional and business services at 11.2%. The Fort Myers area labor force grew by 12,942 over the year in October, a 3.4% increase, and the Naples area labor force

increased by 2,486 over the year, a 1.3% increase. The Fort Myers area, one of the most impacted areas by Hurricane Ian, saw a 0.9 percentage point decrease in its unemployment rate over the year, at 3.2% in October. The Naples area, also heavily impacted by Hurricane Ian, had a 3.1% unemployment rate in October, a 0.1 percentage point increase over the year.

JOBS See page 2

 SWFBT News Update To get current business news throughout the business day, visit www.swfloridabusinesstoday.com.  Moore About Business Kick off your business week with “Moore About Business”! Tune in to SWFL PBS and National Public Radio (NPR) affiliate, WGCU radio at 90.1 FM, during Morning Edition and All Things Considered to hear SWFBT founder, owner and publisher Karen P. Moore share information and insights

for and about our local business community. Listen to past segments at https://news. wgcu.org/tags/moore-about-business  WANT SOME EXTRA CASH? Seeking part-time 1099 drivers for SWFBT’s Naples, Cape Coral & Estero routes. Work only 2-3 business days/ month from 8:30 a.m. to 5 p.m. Access to a computer and computer printer, and knowledge of Excel preferred. Call Karen at (239) 770-7527 or email publisher@ swfloridabusinesstoday.com

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Southwest Florida BUSINESS TODAY ®

JANUARY 2024

Women business owners face additional challenges

When my mother was born, women didn’t have the right to vote. In the autobiography that was a class assignment when I was 12, I wrote that I wanted to grow up to be a secretary or a teacher – that was what success looked like to me then, based on the role models that I saw. When I married, I contacted the bank where I had a credit card to have my name changed. In the return letter, they cancelled my Visa and told me I would have to get my husband to authorize a card for me, to be the responsible party. Moving south with my new husband, I applied for a job after working for several years as a software developer. The man who interviewed me asked how much money I wanted. Knowing wages were lower in the south, I asked for 20% less than I had been making. Apparently shocked by my reply, he said, ”I wouldn’t pay a man that much.” I understand the challenges women have faced. I’ve experienced some of them and been spared a great many others. Today, many of them have been addressed. The 19th Amendment to the Constitution, granting women the right to vote, was ratified in 1920. The Civil Rights Act of 1964 prohibited discrimination against women in the workplace. In 1972, Title IX was enacted to prohibit discrimination, on the basis of sex, in all federally funded education programs. It was only 50 years ago that the Equal Credit Opportunity Act of 1974 gave every American woman, married or not, the right to open her own bank or credit account. Laws are a starting place to achieve equal opportunity but laws alone do not guarantee it. Today, a woman often decides to start a business for very different reasons than

BY EILEEN BUCHANAN Guest Columnist

her male counterparts. She may seek flexibility and work-life balance and want to escape pay inequities and gender biases that she saw in corporate life. And while women entrepreneurs face many of the same challenges that men do, statistics show women face some unique challenges. Women-owned businesses earn an average annual revenue that is 70% of that earned by men. While women only got 33% of the loans they applied for, men got twice as many. Of the $130 billion venture capital funds invested, companies with a female CEO got less than 3%

of the funding. What still holds us back? Studies show the obstacles are three-fold. Social bias holds women back, whether it’s the Good-Old-Boy-Club that doesn’t see women as equal or qualified, a lack of respect for experience and expertise or an unconscious bias that does not include women in decision making or give them access to networking and events which would provide exposure to potential opportunities. The work-life balance challenge usually falls more heavily upon women. The sandwich generation becomes caregivers for parents, children and grandchildren. Travel restrictions and the need for flexibility limit opportunities. The juggling choices women make often feel more like lose-lose than win-win.

And let’s face it, we hold ourselves back. We strive for perfection, are afraid of making mistakes, lack confidence, worry about the imposter syndrome, are more reluctant to take on risk, reluctant to talk about our accomplishments, reluctant to ask for the sale and are sometimes uncomfortable in networking with men. So, what is the good news? We are making progress. We see women succeed today. We have role models. Many of us are successful. Connecting with other businesswomen, sharing stories, learning, asking for help can open doors and create opportunities. While less than 40% of business owners are women, if we use SCORE client base as a measure, women are more likely to ask for help, as over 60% of SCORE clients are women. For those fortunate enough to have a business mentor, 70% of those small businesses survive five years or more, twice the rate of those who don’t have mentors. If you think a mentor can help you grow your business, contact SCORE at score.org for free and confidential mentoring. And if you are looking to meet women business owners just like you, join us on January 24th for SCORE’s Conference “Women Entrepreneurs – Positioning Your Business for Success”, partnering with Southwest Florida Business Today. Sign up on their event calendar. Eileen Steets Buchanan is the founder of Fastrak Training, which trained software professionals in government and industry. She has been a SCORE volunteer for over 17 years and is a member of the Southwest Florida SCORE chapter. Contact eileen.buchanan@scorevolunteer.org.

23RD ANNUAL COMMERCIAL REAL ESTATE

Southwest District

OUTLOOK

CONFERENCE Wednesday, February 28, 2024| 7:30am - 12:30pm Hyatt Regency Coconut Point | 5001 Coconut Road, Bonita Springs, FL 34134

Register: www.flccim.com/events/southwest-district-23rd-annual-commercial-real-estate-outlook-conference BRIAN BAILEY, CCIM, CRE

BRAD O’CONNOR

RICHARD SWANK

Sr. Financial Policy Advisor Federal Reserve Bank of Atlanta

Chief Economist FL Association of Realtors

Associate General Counsel FL Association of Realtors

Additional Conference Speakers include: Matt Simmons, Appraiser, Partner, Maxwell, Hendry & Simmons Stan Stouder, CCIM, Partner, CRE Consultants D’Etta Casto-DeLeon, CCIM, 2024 CCIM Global President Dr. H. Shelton Weeks, CCIM, FGCU, University Alliance This conference is certain to be attended by hundreds of prominent local business leaders as well as investors, property owners, brokers, managers, and others with an interest in commercial real estate in Southwest Florida. Sponsorship Opportunities Available (Deadline: Jan 19, 2024): https://bit.ly/2024CREOCSponsorshipOpportunities or email Southwest@flccim.com for a Sponsorship Form

JOBS PAGE 1 Additionally, the Fort Myers area’s private sector employment grew by 9,000 jobs over the year in October, an increase of 3.5%. The Fort Myers area industries gaining the most jobs over the year were professional and business services, increasing by 4,900 jobs; and education and health services, increasing by 2,500 jobs. The Naples area private sector employment increased by 200 jobs (+0.1%) over the year in October. The Naples area industry gaining the most jobs over the year was education and health services, increasing by 700 jobs. Florida’s strategic investments have resulted in healthy economic indicators for Floridians as the nation faces slowing job growth. Florida’s force grew by 0.2% in October, while the national labor force growth rate declined by 0.1% over the same time period. Florida continues to outpace the nation in labor force growth for a 29th consecutive month. Florida’s labor force has grown or remained steady for 36 consecutive months with an over-the-year growth rate of 3.1% in October—faster than the national rate of 1.9% over the same time period. Florida’s private sector employment increased by 0.3% (+25,900 jobs) over the month in October. Florida’s construction industry experienced its fifth consecutive month of growth in October with 2,500 jobs added since September. Florida also continues to lead the nation in new business formations, with 2.7 million new businesses since 2019. Florida’s unemployment rate was 2.8% in October, more than a percentage point lower than the national rate of 3.9% and marking the 36th consecutive month Florida’s unemployment rate has remained below the nation’s. Florida’s private sector over-the-year job growth rate has exceeded the nation for 31 consecutive months at 3% (+252,900 jobs) compared to 1.7% nationally. Florida continues to outpace the nation in labor force growth for the 29th consecutive month. Florida’s labor force has grown or remained steady for 36 consecutive months with an over-theyear growth rate of 3.1% in October— faster than the national rate of 1.9%.

JANUARY 2024

Southwest Florida BUSINESS TODAY ®

Page 3

Help for the next generation of construction professionals A few months ago, David A. Turrubiartez Jr. closed on his new home in his hometown of Immokalee. Though home sales have soared recently, Turrubiartez’s scenario is quite unusual. His new home is house No. 7 out of a total of 18 planned homes being built through The Immokalee Foundation’s Career Pathways Learning Lab construction project. For over 32 years, the Foundation has been preparing the next generation of leaders through a 100% focus on education, career readiness and professional development for students in Immokalee—from kindergarten through postsecondary education. The Career Pathways Learning Lab enables students following The Immokalee Foundation’s Engineering & Construction Management and Business Management & Entrepreneurship Pathways to work with industry professionals and learn about land development, home construction, marketing and sales. Working with BCB Homes, Immokalee Technical College (iTECH) and Collier Enterprises, The Immokalee Foundation developed a high school curriculum to prepare students to enter the engineering and construction management professions. This curriculum focuses on after-school and summer programs

incorporating experiential learning and paid internships leading to industry-recognized credentials. The Immokalee Foundation supervises students during new home construction with BCB Homes as BY NOEMI the general conPEREZ tractor and iTECH Guest Columnist supporting onsite educational instruction. The fact Turrubiartez is an Immokalee Foundation alum is just a part of what makes his home so special. Today, Turrubiartez resides in a brand-new Learning Lab home built by the next generation of Foundation students. However, after unexpectedly losing his wife in 2022, he lives there as a widower alongside his 7-year-old and 9-year-old sons. An operations manager at United Rentals, the ever-optimistic Turrubiartez is a very active community member and continues to coach football and soccer. That’s not necessarily unusual, except that Turrubiartez is also paralyzed from the waist down, the result of a cavernoma on his spine when he was only 26 years old. “The Immokalee Foundation is

David A. Turrubiartez Jr. and sons with, Back Row, BCB Homes’ Carlos Moreno, The Immokalee Foundation’s Walt Buchholtz, and Learning Lab student interns a beacon of hope. As many of Immokalee’s young people have never seen outside Collier County, the Foundation enables us to understand our potential within and outside our zip code,” he said. “The Foundation showed me—and continues to show others like me—what we’re truly capable of doing. At the same time, they help us to understand the importance of investing our time and energy back in our community.” Resilience and determination are traits most Foundation students develop over time, and Turrubiartez is no exception. “I don’t need anyone to feel sorry for me. Everyone has their own trials and tribulations;

everyone has their own story. I just want me and my family to be treated with respect. I’m grateful to every Foundation student who helped me provide my boys with this wonderful new home in the town I love.” We continue to be proud that, through our Career Pathways Learning Lab, everyone wins—the students, their future employers, and a community greatly in need of the expertise these young people will bring to the community in the years ahead. Noemi Y. Perez is President and CEO of The Immokalee Foundation. Call (239) 430-9122 or visit immokaleefoundation.org.

Robert Goltz named president, CEO of Fort Myers chamber The Greater Fort Myers Chamber of Commerce announced Robert Goltz as the organization’s new president and CEO. In this role, Goltz will direct all business, programs, projects and events of the Greater Fort Myers Chamber of Commerce and its Foundation to promote the growth of businesses and the community. “I am thrilled to take on the important role of president and CEO of the Greater Fort Myers Chamber of Commerce,” Goltz said. “Having served as an executive for several chambers since 1999, I am proud of my track record in facilitating growth and increasing financial stability for the organizations I’ve led. I look forward to engraining myself in the community and collaborating with the board of di-

rectors, volunteers and members of the Greater Fort Myers Chamber of Commerce in empowering businesses, professionals and the community as a whole.” Over the past 25 years, Goltz held various positions within chambers in Michigan, New Jersey and Florida. Most recently, Goltz served Goltz as the executive vice president of the Greater Key West Chamber of Commerce and president and CEO of the Miramar, Pembroke Pines Regional Chamber of Commerce. In 2018, he received the Executive of the Year

For more business news,visit www.swfloridabusinesstoday.com Award from the Florida Association of Chamber Professionals. “Robert came highly recommended by respected peers across the Chamber of Commerce industry, and his extensive background in chamber leadership is incredibly impressive,” said Jay Johnson, chair of the board of directors for the Greater Fort Myers Chamber of Commerce. “We know his expertise will be vital in continuing the momentum of our chamber as we strive to deliver significant value to our members.”

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Southwest Florida BUSINESS TODAY ®

JANUARY 2024

COMMERCIAL REAL ESTATE Considering commercial real estate? Think CCIM What is a CCIM? The CCIM Institute is a global real estate vocational advocacy and educational professional association. Certified Commercial Institute Member (CCIM) is an earned designation that takes a minimum of 5 years to attain. It has coursework and qualified sales thresholds that are closely scrutinized by the Institute to assure the academic work and commercial real estate sales of the CCIM Candidate meet the highest standards of the CCIM Institute. There is also a background check to verify the potential member’s ethical standing in life. You must be a designated MEMBER to wear and display the CCIM logo. My own commercial real estate professional life has been associated with CCIM for the last 22 years. There are many aspects of CCIM that become a benefit for clients. The higher ethical standards assure honesty and cooperation from other CCIMs. This is important because many sales have two brokers involved. If both are CCIMs, you can rest assured, knowing a smooth process should be ahead. The education of the CCIM ensures you have a competent broker with the knowledge to understand and guide your investments. Generally, CCIMs are familiar with the local building and governing officials in your area. Because of their knowledge of the development process, CCIMs can guide a client more easily through the entitlement process to prepare a vacant property for vertical construction. In Southwest Florida, we are blessed that the professional commercial realtors of CCIM are very active-this includes locally, statewide and nationally. With its 80-member global board of directors, Southwest Florida

currently has four sitting members on CCIM Institute’s Global Board of Directors, an amazing accomplishment for a geographical region of our size. Those members are myself, Randy Krise, CCIM; Bev Larson, CCIM; Barbara Monahan, CCIM; and Adam Palmer, CCIM. It was with great pleasure that these four directors had the opportunity to vote for Adam Palmer as the CCIM Institute 2024 First Vice PresiBY RANDY dent. This means that Adam will be KRISE the CCIM Global President in 2026. It Guest Columnist is quite an honor and well-deserved. I have watched Adam from the time he began his real estate career until this very day. Adam is a consummate professional who I have had the pleasure of completing multiple deals with. Those deals were smooth and profitable for all concerned. Because of Adam’s hard work and perseverance within the Institute, Southwest Florida will benefit immensely over the next three years as the Commercial Real Estate national and international spotlight turns toward Adam and Southwest Florida. I am proud of the work that I see CCIMs do day in and day out. If you want a good deal with an ethical and knowledgeable professional, then look for a commercial specialist who wears the CCIM pin! Randy Krise, CCIM, is the owner/broker of Krise Commercial Group in Fort Myers and can be reached at (239)633-8672 or randy@krisecg.com.

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FloridaCommerce approves state’s $910-million plan for Ian recovery

FloridaCommerce approved the State of Florida’s Action Plan for Hurricane Ian Recovery from the U.S. Department of Housing and Urban Development. The Action Plan outlines the administration of over $910 million in Community Development Block Grant – Disaster Recovery program funding for long-term recovery efforts for 20 Hurricane Ian-impacted counties. The program will prioritize housing repair and replacement to support impacted families and Hazard Mitigation Infrastructure Grants to support community resilience. “The impacts of Hurricane Ian are still being felt across Florida communities and this approval is another step towards restarting a sense of normalcy for impacted Floridians and their communities,” said FloridaCommerce Secretary J. Alex Kelly. “We will continue to expedite disaster recovery assistance for Floridians, and we encourage impacted residents to submit a pre-assessment survey for the housing repair and replacement program.” Residents impacted by Hurricane Ian can take the Rebuild Florida Hurricane Ian Housing Repair and Replacement Program assessment. This is the first step in the application process for homeowners interested in applying for the funding allocated to Florida for disaster recovery and mitigation following Hurricane Ian. Assessment responses will help FloridaCommerce identify potential applicants and determine outstanding needs of homeowners impacted by Hurricane Ian. This funding will support long-term resiliency and mitigation efforts following Hurricane Ian in Charlotte, Collier, Brevard, DeSoto, Flagler, Glades, Hardee, Hendry, Highlands, Hillsborough, Lake, Manatee, Monroe, Okeechobee, Osceola, Pinellas, Polk, Putnam, Seminole and St. Johns Counties. Four counties, Lee, Orange, Sarasota and Volusia received direct federal allocations and will each submit action plans to HUD for separate review. Lee County will receive more than $1.1 billion. On March 15, 2023, the United States Department of Housing and Urban Development announced Florida would receive more than $910 million to support long-term resiliency and mitigation efforts following Hurricane Ian. In May, Florida received the additional instructions from HUD on how to develop the plan. From May through July, FloridaCommerce hosted 40 citizen and stakeholder workshops, visiting every impacted county in the state at least once. These workshops gave FloridaCommerce valuable insight into the needs of these communities as they continue the hurricane recovery process. On July 13, FloridaCommerce posted the Hurricane Ian Draft Action Plan for public comment, which closed on Aug. 12. In July, FloridaCommerce also actively collaborated with the Florida Division of Emergency Management, the Florida Department of Elder Affairs, and Florida Housing Finance Corporation in the development of the Hurricane Ian Draft Action Plan. On Sept. 13, FloridaCommerce submitted the State of Florida Action Plan for Hurricane Ian Recovery to HUD ahead of schedule. On Nov. 9, HUD approved FloridaCommerce’s Action Plan for Hurricane Ian Recovery.

JANUARY 2024

Southwest Florida BUSINESS TODAY ®

Page 5

Local

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Page 6

Southwest Florida BUSINESS TODAY ®

JANUARY 2024

COMMERCIAL REAL ESTATE

Colliers Engineering acquires J.A. Mihalik Architect Colliers Engineering & Design, a national multi-discipline engineering, architectural, design and consulting firm based in Naples, announced it has acquired all operating assets of J.A. Mihalik Architect, an architectural and design firm based in Fairfield, N.J. “This strategic step allows us to continue to expand our architectural services nationwide,” said Kevin L. Haney, president and CEO of Colliers Engineering & Design. “By adding JAM ARCH’s professionals to our team, we have strengthened our full-service offerings, particularly in the Texas and Florida markets.” “We are thrilled to join Colliers Engineering & Design and be able to leverage our unique experience in designing child care and educational spaces,” said Justin A. Mihalik, principal of JAM ARCH. “This partnership enables us to offer clients more expansive national coverage as well as a holistic approach to design services incorporat-

Colliers Engineering & Design has acquired all operating assets of J.A. Mihalik Architect. ing site and civil services.” Mihalik started JAM ARCH in 1998 and, over the years, the New Jersey-based firm has grown into a full-service architecture firm that has completed more than 1,000 residential, commercial, retail, and institutional projects totaling more

than $150 million in construction. He joins CED as the National Market Lead, Early Childhood Education, responsible for national expansion and growth of his team. Additionally, he is a past president of AIA New Jersey and AIA Newark & Suburban Architects and is noted for his work in assisting his NJ-based clients with re-opening their child care centers postpandemic. “JAM ARCH’s mission and values closely align with ours,” Haney said. “For 25 years, JAM ARCH has been delivering innovative commercial and retail designs, with a focus on the educational development, safety and welfare of the children and staff within the centers they design. Their experience includes development services, security assessments, and sustainable design implementation for all child care facilities – and we look forward to having the JAM ARCH staff join our team.”

COMMERCIAL REAL ESTATE

SanCap Chamber ribbon-cutting marks iconic Sanibel shop reopening She Sells Sea Shells turned a tongue-twister and Sanibel’s shelling reputation into a family-owned and -operated business in 1976. After opening more stores on the islands – up to five at one point – the iconic shell shop brand suffered from Hurricane Ian, but reopened its flagship shop on Periwinkle Way. A Dec. 7 SanCap Chamber ribbon-cutting dedicated the occasion. “The Joffe family are proud to have She Sells Sea Shells made its reopening official with a SanCap Chamber ribbona positive impact on Sanibel Island,” cutting. said Tamara Joffe. “Giving back to the rently operate it as they continue its wall of our upstairs office that caused community is a core value of She Sells restoration following severe damage water to pour through the ceiling in the Sea Shells, and has been an ongo- from wind and 5 feet of flood water. back of our store and the ceiling came “We put up metal storm shutters down.” ing practice for its 48-plus successful in the front glass, windows and door years on Sanibel.” A warehouse off-island also floodAnne Joffe, the “she” in She Sells before we evacuated, and the force of ed, and the family laundered and doSea Shells, and her husband David, the water broke the glass and pushed nated much of their clothing stock. originally founded the store. They and shells out from under the metal into While restoring the Periwinkle Way their son Michael, store co-owner/ the parking lot,” said Tamara. “We had shop on their own, they unofficially manager, and daughter Tamara cur- wind and water damage in the back opened to the public for the Fourth of

COMMERCIAL REAL ESTATE SERVICES

July, due to the curiosity of visitors who were stopping by. Restoration “was a daunting task, and a symbol of hope for our family and the community,” said Michael. “People tell us every day how it inspires them and encourages other businesses to re-open. We were committed to continuing on and reopening for our employees, who all expressed interest in returning. We greatly appreciate the support of the chamber and all they have done to restore the island.” “We are so happy to formally welcome She Sells She Shells back to the islands,” said SanCap Chamber president and CEO John Lai. “It just wouldn’t be Sanibel without the Joffe family providing this iconic opportunity to buy seashells, jewelry, books, craft supplies, novelties, and especially this time of year, their treasured Christmas ornaments.”

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Southwest Florida BUSINESS TODAY ®

COMMERCIAL REAL ESTATE

The love of coffee goes deep for Savour Coffee shop owner/chef Matt Geiger, pictured with Mimi Geiger.

The journey of Savour Coffee’s owner from passion to pour Having grown up in the Pacific Northwest, the love of coffee goes deep for Savour Coffee shop owner/chef Matt Geiger. His first foray into the culinary arts was at the ripe old age of 14 as a dishwasher in a little Italian place in his hometown of Sandpoint, Idaho. He had an opportunity to learn basic skills and helped prep food items like marinara, chicken parmesan, soups, salads and appetizers. Geiger had a fondness for creating dishes in order to see the reactions of the people that tasted what he made. This continued to grow through high school and once he graduated in 2009, in the middle of the recession, he decided a career in cuisine was right up his alley. Rather than rack up debt going to culinary school, Geiger made a concerted effort to work at as many places as he could to gain as much knowledge as possible, not only in the kitchen but front of the house as well. His restaurant experiences ran the gamut, having worked at Italian restaurants, Irish pubs, fine steak and seafood establishments, hole-in-the-wall burger joints and breakfast spots. The opportunity to work at a catering company came about and Geiger thrived at this latest culinary venture, eventually leading to his initial journey as a business owner of his own catering company, Savour First Choice Catering. All the while, his love for great tasting coffee and the culture of the northwest coffee scene still lingered. As Savour First Choice Catering continued to grow, Geiger saw the need to expand his location to accommodate the expanding list of clients. It was at that time that he took the leap, leasing two empty retail units in the Island Park

Center on South Tamiami Trail, knocking down a wall between them, opening his catering business kitchen in one unit and his long dreamed about Savour Coffee in the other. The unique experience of the open kitchen alongside the coffee shop has not been lost on Geiger. Giving customers an up-close look at how everything is made is definitely a draw and something he planned when doing the renovations. He looked at this as a way to ensure his shop stands out from others, which it has, not just for its open kitchen concept but for its unique beverage and food creations made by Geiger and his staff. Using locally roasted coffee delivered every week and steering away from “cookie cutter” drinks, Geiger has infused Vietnamese style drip coffees, pour over, French press and other extracting methods for coffee lovers of all kinds. Throw in freshly made pastries, breakfast and lunch items such as the Breck – bacon, egg and cheese on a kaiser roll with brisket and onion straws – plus specialty energy drinks, BOBA, fraps and tea, and Geiger has certainly seen his dream become a reality and brought the Northwest coffee vibe to Southwest Florida. Geiger says he will continue to make sure quality is at the forefront – from where he gets products, to how his food items are made, to how procedures are determined. Everything matters to him. His goal is to hone in on those things and have a team around him that shares the same passion he has for creating a superior product and giving people the best customer service. As that develops, Geiger says more Savour Coffee locations could come to fruition in the future.

Page 7

Business climate study launches for Sanibel, Captiva businesses It’s no secret that the economic health of Sanibel and Captiva islands relies on the hotels and other vacation accommodations, the majority of which were devastated by Hurricane Ian. Helping this vital industry recover requires a mighty effort by those who care about these unique islands. The SanCap Chamber of Commerce and Charitable Foundation of the Islands have worked more closely than ever over the past year to restore and revitalize the accommodation industry while also supporting businesses currently open and assisting those in the process of reopening. Among those efforts is a collaboration with the City of Sanibel, the Lee County Office of Economic Development, and the Lee County Visitors & Convention Bureau to commission a business climate survey to study key indicators for the islands’ recovery. The three-year survey will be undertaken with Florida Gulf Coast University’s Regional Economic Research Institute, under the leadership of Dr. Amir B. Ferreira Neto. The goal is to better understand the timeline challenges and opportunities faced by the accommodation industry as it returns to full operation. Returning the industry to pre-Ian days requires grappling with complex issues, such as permitting, rising building costs, labor shortages, and supply chain problems. The proposed study can address these issues with an economist’s perspective, helping to streamline and expedite the rebuilding process and thereby allowing the industry to return to full capacity more quickly. This will ultimately benefit all local businesses, whose fates rest, in

BY JOHN LAI

BY DOLLY FARRELL

Guest Columnist

large part, on the accommodation industry’s speedy recovery. Donations collected from CFI’s Sanibel-Captiva Recovery Fund will fund the first year of the three-year study, with an annual cost of approximately $10,000. Meanwhile, the chamber aims to help support the 104 businesses currently open until the hotel and accommodation industry on Sanibel and Captiva fully recovers. The chamber is also pursuing operating support totaling close to $1 million from government grants and private philanthropic sources (see attached Snapshot of the Chamber). We thank you for your ongoing concern and support. We are all in this together. John Lai is president and CEO of the SanCap Chamber of Commerce. Contact (239) 472-1080 ext. 225 or john@ sanibel-captiva.org. Dolly Farrell is executive director of the Charitable Foundation of the Islands. Contact (239) 322-3818 or dfarrell@sancapcfi.org.

Income Producing Property in North Fort Myers

FOR SALE

FOR SALE - $1,550,000

5,000 SF Fully Leased 22,500 SF Lot

7,500 SF Fully Leased 49,732 SF Corner Lot

4400 Cleveland Ave North Fort Myers

29291 Tribune Blvd Punta Gorda

Income $7,600 Per Month

Income $10,800 Per Month

FOR SALE - $1,500,000

FOR SALE - $4,500,000

Florida International Air Show celebrates record attendance, fundraising success The Florida International Air Show soared to new heights this year, attracting close to 45,000 spectators both inside and outside event gates, to witness the spectacle of aviation prowess. The event, held at the Punta Gorda Airport, not only thrilled aviation enthusiasts but also exemplified the community and overwhelming support for aviation, space, and military services. The 2023 Florida International Air Show was not just a display of aviation excellence but also a testament to the generosity and unity of the community. The annual event is made possible by the immense support from attendees, sponsors and volunteers. All financial information regarding not only this year’s event, but all Air Shows is a matter of public record.

The event’s success goes beyond aerial displays. With the participation of over 24 charities, the AirShow directly impacts numerous causes, bringing hope and support to those in need across the region. The Air Show’s all-volunteer Board of Directors has given back over $3.6 million dollars to various charities in the community in its 42-year history. A crucial part of the Air Show’s success is the tireless efforts of over 600 volunteers. Their dedication and commitment made this event not just a show, but a representation of the spirit of giving and community involvement. “After covering expenses, the profits will be generously donated to further meaningful projects and provide a lasting impact in Charlotte County,” said Denise Dull, AirShow president.

1357 N Tamiami Trail North Fort Myers 35,972 SF Lot 8,000 SF Fully Leased

Income $8,000 Per Month

14180-14290 N Cleveland Ave North Fort Myers

6.5 Acres | 2 Structures | 6.5 Acres 36 Truck Parking Space 1/2 Acre Storage Yard

Income $18,000 Per Month

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Page 8

Southwest Florida BUSINESS TODAY ®

JANUARY 2024 JANUARY 2024

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. • INVESTMENT • RETAIL • OFFICE • INDUSTRIAL

SPERRY COMMERCIAL GLOBAL AFFILIATES 239-265-2628 theresa@ccim.net www.sperrycga.com

RON WELEBNY, CCIM

Lee, Collier, Charlotte, Hendry & DeSoto Counties

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 · ANALvsTs ASSOCIATES of SWFL • ADVISORS 239-671-6574

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DAVE WALLACE, CCIM, SIOR Collier County

An office, industrial and investment property specialist with more than 40 years of commercial real estate experience in successfully assisting clients with acquisitions, dispositions and leasing.

CRE CONSULTANTS

Naples Office 239-649-7755 dave.wallace@creconsultants.com

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JACK MARTIN, CCIM Lee, Collier, Charlotte & Hendry Counties

30 years of experience in Florida real estate with 20 years in Southwest Florida. Servicing in all facets of commercial real estate, both sales and leasing, and specializing in shopping plazas and strip centers.

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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, 2024 First Vice President, CCIM Institute (Global)

RANDY KRISE, CCIM

MICHAEL J. FRYE, CCIM

Lee, Collier & Charlotte Counties Recipient of the RE/MAX Lifetime Achievement and Hall of Fame Award. Serving the SWFL market for over 30 years. We have 7 CCIMs to serve all our clients’ needs.

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Lee, Collier, Charlotte, Hendry & Glades Counties

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LAHAINA REALTY 239-281-1290 bev1314@aol.com

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CARLOS ACOSTA, CCIM Lee, Charlotte, Collier & Sarasota Counties

We put clients in the best position to maximize their investment, minimize risk and build the life they desire. 2022 Best of Business - CRE Sales and Leasing.

Larson has over 39 years of diversified experience in the SWFL market. She is a Certified International Property Specialist. 2018 Florida CCIM Chapter Southwest District President.

A partner with CRE Consultants and 22-year commercial real estate veteran, he specializes in the medical and professional office market.

Broker/owner of Krise Commercial Group and 2016 Florida CCIM Regional Vice President and Institute Board Member.

PHIL FISCHLER, CCIM

BEV LARSON, CCIM

ENN LUTHRINGER, CCIM

Lee, Collier & Charlotte Counties

FISCHLER PROPERTY CO. 239-895-1060 pjf@ﬁschlerco.com www.ﬁschlerco.com

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Page 10

Southwest Florida BUSINESS TODAY ®

COMMERCIAL REAL ESTATE

Soltura breaks ground on Altair Soltura Development Group, a real estate development company, announced the grand opening of Altair by Soltura. The property is located within The Forum in Fort Myers and represents its second rental home community in Southwest Florida. The property will feature 145 two-story units, and 15 one-bedroom flat units, supported by a clubhouse, community social and fitness programming, co-working offices, a pool, firepit, barbeque area and dog park. There is a combination of unit types consisting of one-bedroom villas, one-bedroom lofts, two-bedroom cottages, and three-bedroom bungalows for rent. Each single-family rental home will feature its own backyard and outdoor patio space, which provides an additional 500 square feet of outdoor living space per unit on average. The property is situated in the established master-planned community of The Forum, complete with restaurants, retail, educational and medical facilities, assisted living, residential communities and public parks. “We are excited to bring another unique offering to Southwest Florida” said Danville Leadbetter, co-founder of Soltura Development Group.

“Our re-imagined floor plans continue to offer highly desirable oversized front and back patios, private pet friendly back yards, upgraded finishes, and plenty of natural light through large impact doors and windows. The community as a whole remains nestled within a highly amenitized, resort style, professionally managed community setting, and now with the introduction of two-story units, we can provide each renter with an upstairs and downstairs, additional half bath, dedicated storage closet and a loft within the same comparable square footage across the one-bed, two-bed and threebedroom offerings. The second story increases the overall value offered to the customer and provides our renters with a unique residential experience not currently offered in the marketplace.” “The demand for build-for-rent properties remains strong, and the initial success at Odyssey by Soltura has energized us and reinforced our conviction in the build-for-rent space,” said Steve Iannaccone, principal at Halstatt Real Estate Partners. This project represents Halstatt Real Estate Partners’ fourth joint venture with Southwest Florida based developer, Soltura Development Group.

Hyper-local business partnerships provide substantial benefits to entire community

When businesses collaborate locally, they acbusinesses not only stimulate tively source products and services from within the economic growth but also creimmediate community, thereby circulating money ate job opportunities within our within the local economy. This dynamic supports community, contributing to the the growth and sustainability of local businesses, overall economic well-being emphasizing a high degree of specificity in terms and reducing unemployment of geographic reach and target audience, summed rates. up by the term “hyper-local.” Moreover, hyper-local partThese partnerships significantly contribute to nerships involve community the economic, social and cultural well-being of members and stakeholders, our community. By fostering a more interconnectfostering a sense of belonging ed and supportive local environment, hyper-local BY TRAVIS and engagement. This commubusiness collaborations promote sustainable devel- PRINCE nity-centric approach is vital opment and enhance the overall quality of life for Guest Columnist for creating a resilient network our residents. of support, particularly during A notable example of such collaboration can be challenging times. observed in Cape Coral, where Prime 239 SteakIn addition to the social and economic benefits, house and Bones Coffee Company have become local collaborations contribute to environmental integral parts of their local community. These busi- sustainability by reducing the need for transportanesses deeply understand the unique characteris- tion over long distances. This, in turn, leads to a tics, culture and preferences of the community they smaller carbon footprint, minimizing the environ4214 Duncan (Hwy. impact 17) 25335Collaborating Rampart Blvd innovatively, they have serve. intro- Road mental associated with transportation and Port Charlotte Punta Gorda duced a series 33983 of original craft coffee cocktails fea- 33982 logistics. turing Bones Cold Brew, along with a proprietary In summary, hyper-local business partnerships coffee concentrate showcased in the steakhouse’s are instrumental in building a thriving, resilient, signature espresso martini. Future plans include the and sustainable community, where businesses acdevelopment of an exclusive espresso coffee spice tively contribute to the well-being and prosperity rub. of the neighborhoods they serve. Hyper-local businesses, operating in close Come dine in Cape Coral. proximity to their customers and serving specific neighborhoods or communities, play a crucial role Travis Prince joined Prime 239 Steakhouse in May in fostering a sense of community. Our emphasis as Director of Operations bringing more than 15 Size: 4.30 AC Description: Price: $795,000 Size: 6.84 Description: onPrice: local$659,000 connections and personalized services sets years of AC fine dining hospitality and cuisine manMedical Office Space. Deep Creek has several 2 lots, 1 - 5.3 Acre Parcel and 1 - 1.5 acre usALF apart from larger, more widespread enterprises. agement experience to the Cape Coral business communities, private and public. Major parcel, 6.8 Acres, environmentals done. Just By sourcing products and services locally, these community. Contact (239) 673-8816. Rehabilitation Center adjacent to this site. East of I-75. Zoned Industrial, Retail, Com-

Best Commercial Lot Values in Southwest Florida

Best Commercial Lot Values in Ready-to-build Commercial Southwest Florida Lot Two major hospitals within 10 minutes of site. mercial General, No Residential or Mixed Use, East border of the property is a large Housing 6.84 Acres at Washington Loop. Over 150 sq. Complex with future zoning of commercial ft. Road Frontage on Duncan. Phase I reports in front. Plans available for 7 buildings, each available, survey also available. Future land 5,000 sq. ft. use is Commercial Corridor. 4214 Duncan Road (Hwy. 17) 25335 Rampart Blvd Marion Ave Punta Gorda 33982 Port Charlotte 33983 Punta Gorda 33950

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CIPS, CPRES, e-PRO, Price: Price:ABR, $795,000 Size: 6.84 ACCRS, Description: Price:$659,000 $399,000 Size: Size: 4.30 2.70 AC AC Description: Description: Medical Office Space. Deep Creek has several GRI, GREEN, SFR, TRC 2 lots, 1 5.3 Acre Parcel and 1 1.5 acre Zoned Low Intensity Industrial. 2 parcels, ALF private and public. Major onecommunities, approximately .25 Acres, the other 2.7. parcel, 6.8 Acres, environmentals done. Just Rehabilitation Center adjacent toFacilities, this site. East of I-75. Zoned Industrial, Retail, ComPerfect for Warehouse, Storage jigoe5@aol.com 10 minutes of site. Two major hospitals within Truck or Auto Terminal Hub, close to Hwy 17 mercial General, No Residential or Mixed Use, East border of the property is a large Housing 6.84 Acres at Washington Loop. Over 150 sq. 239-572-3269 and I-75 exit. Railroad meets rear of property. Complex with future zoning of commercial ft. Road Frontage on Duncan. Phase I reports I-75 Interchange currently projected to cross www.JeanetteIgoe.com ineastern front. Plans available for 7 buildings, each available, survey also available. Future land portion of property, high visibility 5,000 ft. use is Commercial Corridor. once sq. completed. Marion Ave

JANUARY 2024

30 years of business excellence and counting

It has been just over 30 years since the Horizon Council was formed in Lee County and much has changed with the business landscape in our region. Areas that were once dormant and underdeveloped are now home to numerous industries including Department of Defense contractors, apparel companies, cosmetics and beauty companies, technology and data management corporations and advanced manufacturing. Our area has not only survived but it has thrived, having overcome a recession, a real estate bubble, a global pandemic and BY HOLLY most recently, the devastation SMITH from Hurricane Ian. Population Guest Columnist in Lee County has risen by 25% in the past 10 years alone as people see the value in calling our county home, with employment up an astounding 35% over that same period. Around 100,000 new jobs have been created in Lee County since 2013, while LinkedIn has named Cape Coral one of the top 20 places in the United States for remote workers. One of the key factors driving this growth is the region’s strategic geographic location. Southwest Florida’s proximity to major transportation routes, including highways, airports and ports, has made it an attractive destination for businesses looking to establish a strong presence. Personal finance company WalletHub has ranked Lee County top 10 in Best Places to Start a Business. This accessibility has facilitated efficient supply chain management and enhanced connectivity with national and international markets. The real estate boom in the area has also played a pivotal role in the business sector’s expansion. Property valuation countywide continues to climb, up 11.25% year-over-year. The demand for commercial spaces, from office buildings to retail outlets, has surged, driven by both local entrepreneurs and national corporations seeking to capitalize on the region’s economic potential. Four thousand new businesses were licensed in the last year alone. This influx of businesses has not only stimulated job creation but has also contributed to the diversified and robust economy. Moreover, Southwest Florida’s commitment to fostering a business-friendly environment has attracted investors and entrepreneurs alike. Local governments have implemented policies and initiatives to aid in streamlining the regulatory process, reduce bureaucratic hurdles, and some provide incentives for businesses to set up shop in the region. These efforts have created an environment conducive to innovation and entrepreneurship, fostering the growth of startups and small businesses. Lead by its strategic location, real estate development, a business-friendly environment, and economic diversification, Southwest Florida stands poised for sustained prosperity, attracting businesses and fostering innovation for years to come. Holly D. Smith is president of the Horizon Foundation, a Sanibel City Council Member and the former Mayor of Sanibel. Contact (239) 533-6806.

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Page 11

Tips to avoid being victim of Norton Anti-Virus phishing email As the holiday season approaches, we want to share some crucial insights into a phishing scam that has gained notoriety in recent years. While we might not be handing out gift-wrapped presents, we believe that awareness is the best gift we can offer, especially when it comes to protecting you from this persistent threat.

What is it? This attack is a phishing scam that involves fraudulent emails appearing to come from Norton Anti-Virus or PayPal. What makes these particular threats more challenging to pinpoint than others are the ability to appear in various forms, making it difficult to identify a specific email template. However, the core concept and objective of the scam remain consistent across its different appearances. How it works While initially deceiving the unassuming, this attack isn’t too complicated to understand once you learn how it works. At its core, it operates as a classic phishing email, presenting itself as a message regarding a transaction associated with Norton Anti-Virus or a PayPal receipt for the purchase of Bitcoin. The email would immediately raise concerns for all recipients, regardless of if they have a Norton subscription or not. Non-subscribers may question the unexpected account setup, while existing members might wonder about unexpected charges. The inclusion of the recipient’s (you) full name in the email further enhances its perceived legitimacy, potentially reducing suspicion about it being a scam. As you can see, it even goes as far as providing transaction numbers, a payment date and an address that the recipient is still using or may have used previously. To the average person, seeing their real address in an email may be enough to convince of its authenticity. How do they find the recipient’s address you might ask? In this instance, the criminals simply do a quick Google search using the recipient’s name and use the first address they can see that’s tied to the individual. This is all to add to the facade of it being a real email from Norton. What’s the goal? One strange thing is there doesn’t appear to be any link to click on or any attachment to download. The only action the email is asking you to perform is to call

their support number. But if there’s no malicious links to click on or harmful attachments, what exactly are the criminals trying to accomplish? There are a few versions of what happens next, but here are two approaches from the numerous victims we’ve helped. In one instance, the pretend Norton rep will offer to refund the transaction. Then he’ll state that he forgot the decimal BY CARRIE point and instead of refunding you KERSKIE $200 he refunded you $20,000. He Guest Columnist begins to panic and begs you to help by sending the money back by wire transfer. Another approach involves remote access software. You may recall from one of our previous newsletters, if an email is suggesting that you call a phone number to resolve an issue, it is almost always an indication of a Remote Access Software scam. Calling this number contained within the email will connect you with someone pretending to be working with “Norton Tech Support”. In reality, it’s a criminal that’s going to try to convince you to install Remote Access Software onto your device. What is Remote Access Software? Remote Access Software is legitimate software used by IT professionals or real tech-support companies. What it does is it allows someone to take control of your device from wherever they are in the world as long as you give them access to do so. Its intended usage is to allow IT professionals to diagnose and fix problems from a remote location, but unfortunately criminals have found a way to exploit this technology for financial gain. By sending out phishing emails containing a phone number for “tech support”, the criminals are hoping to take advantage of individuals who think they’re calling a legitimate support hotline to resolve an issue. On the phone, they will inform you that your device has been compromised and that the only way to fix it is by installing their program, which will be remote access software. Once you’ve installed the software, they’ll get you to share a code with them that will allow them to take complete control of your device. From here, the criminals may continue the facade of “removing viruses”

and pretend to work with you in removing any harmful software. What they’re actually doing is stealing as much sensitive information as they can off your device. And let’s say that you don’t shut off your computer after this situation occurs; the criminals will continue to have access to your device for as long as it stays on. To make matters worse, if you are someone who saves your passwords in your browser, the criminals will be able to log into all accounts that have login information saved and will attempt to steal as much money or data as possible. What can you do to protect yourself? As we’ve stated time and time again: NEVER click on any links, download any attachments, or call any phone numbers contained within an email unless you can prove they are legitimate. Remember to validate or eliminate. Validate the email by logging in to your account using the app or the organization’s website, or look up the organization’s phone number on their website, not in Google search results. In this situation, if you were worried about being charged for something you never signed up for, the best thing to do would be to immediately check for any suspicious transactions in your bank account or credit card. And if you are someone who currently has a subscription with Norton, all you would have to do it log into your online account and check the current subscription and billing cycle to verify that nothing has changed. Lastly, if you are someone who saves your log-in information in your browser, just be aware that this kind of attack can result in catastrophic damage if you find yourself a victim. This is why highly suggest that you save your log-in credentials in a secure location such as a password manager or a personal notebook. Conclusion In this digital world, cyber criminals continue to be relentless when it comes to figuring out ways to take deceive and take advantage of innocent people. And unfortunately, we have to rely upon our own knowledge and awareness to avoid these threats since there are no easy solutions to avoid them. Carrie and Kyle Kerskie operate the Kerskie Group. Carrie Kerskie is a highly sought-after speaker on the human-side of cyber security and identity theft. Contact (239) 435-9111 or ck@kerskie.com.

COMMERCIAL REAL ESTATE

Stevens Construction completes The Med Spa Stevens Construction has completed construction of The Med Spa, a 5,409-square-foot build-out within Gulf Coast Town Center in Fort Myers, announced Daniel Adams, Stevens Construction executive vice president. Providing cutting-age aesthetics, hormone optimization and wellness for men and women in Southwest Florida, The Med Spa is a regeneration destination with multiple rooms for injectables, consultation, laser, facial and IV treatments. Accented by luxurious interior

finishes, The Med Spa also has offices, break room with kitchenette, storage and restrooms. The Stevens Construction team includes Project Manager Mark Pelafas, Superintendent Rich McDonald and Project Administrator Gina Varner. PDS Architecture is the architect of record and interior design is being provided by Michele Pelafas. Founded by Dr. Kamii Tursi, The Med Spa opened in the new location on Nov. 14 by appointment only.

Stevens Construction has completed construction of The Med Spa in Fort Myers.

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JANUARY 2024

COMMERCIAL REAL ESTATE Margaritaville Beach Resort Fort Myers Beach opens to guests

Margaritaville Beach Resort officially opened on Fort Myers Beach. After the devastating effects of Hurricane Ian, the opening marks an important moment for the community. Following an exclusive locals-only weekend, in celebration of resilience and ribbon-cutting ceremony attended by dignitaries, community partners and area residents, the resort opened for stays, dining and spa services starting Dec. 11. Located on Crescent Street, the newest Margaritaville Beach Resort sits on 7.25 acres along Fort Myers Beach with direct beach access and views of the Gulf of Mexico. The property features 254 guest rooms and six restaurants, including signature concepts such as JWB Grill, License to Chill Bar & Grill, and 5 o’Clock Somewhere Bar & Grill. All restaurants, as well as the 43,000-square-foot Sunset Terrace, are open to the public. The property offers food and beverage service across 19,000 square feet of sandy beach overlooking the Gulf of Mexico. Valet parking is available for guests and the public at a daily rate. “It’s official - Margaritaville Beach Resort Fort Myers Beach is now open and we are ready to transport guests to a vacation state of mind,” said David Cesario,

Margaritaville Beach Resort officially opened on Fort Myers Beach. The resort sits on 7.25 acres along Fort Myers Beach with direct beach access and views of the Gulf of Mexico. general manager of Margaritaville Beach Resort Fort Myers Beach. “After a difficult few years for the community, our new resort is the ultimate place to kick back and relax and we are thrilled to bring our casual-luxe destination to the residents and visitors of Southwest

Florida.” Key highlights of the Margaritaville Beach Resort include: • Casual-luxe accommodations: The resort offers a range of room and suite options, each featuring coastalinspired décor and modern amenities, and some overlooking the Gulf of Mexico. • Tropical dining: Savor the flavors of the island, indulging in tropical inspired dishes or sipping on signature margaritas and cocktails at one of the resort’s six iconic restaurants and bars. • Live entertainment: Enjoy live music throughout the day and engaging activities for all ages. • Relaxation: Transport to a state of complete relaxation at the St. Somewhere Spa. • Fins Up! Beach Club: The beach club is scheduled to open in mid-January. Guests arriving before the beach club is open will enjoy complimentary beach chairs and umbrellas on the pristine sands of Fort Myers Beach. In celebration of its opening, Margaritaville Beach Resort Fort Myers Beach is offering a “Wastin’Away on Fort Myers Beach” exclusive discount, valid for stays now through Jan. 31.

Has Lee County’s “Change For Change” had an impact? Special to Karen P. Moore, Publisher

Steve Shimp, Chair of Lee County’s Independent Sales Surtax Oversight Committee, or ISSOC, gave an update on the half penny sales tax that was passed as a referendum in 2018. The half penny sales tax was meant to fund the acquisition, construction, renovation, equipping and financing of public school facilities and technology for 10 years. Shimp shared what has come from the surtax so far. “Through June of this year, we’ve taken in over $440 million in sales tax. We spent short of $300 million,” Shimp said. “You may ask the question, how

does that work? Well, there are timelines in terms of those funds going out the door as they’re committed, and they’re not counted until they’re in hand. “Overall we’ve seated 4,500 students with sales tax money in new seats. In addition to that, the existence of older facilities are either being replaced and renovated.” He said the age and obsolescence of our school system is still a work in progress. “In terms of the age and condition of schools, eight of our schools currently fall within being 40 to 49 years old, seven are 50 to 59; 21 are more than 60 years old,” he said. “Those statistics on

their face can be a bit deceiving because considerable funds have been put into renovating and bringing existing structures up to standard so that our students are not in truly 60-year old buildings, they’re in 60-year old structures. Many of them have been hardened and made more safe for the environment and that sort of thing. But they’re old.” Shimp also said improved security and technology systems at the schools are also receiving attention, including perimeter fencing, cameras and monitoring technology, and nimbleness during the pandemic. “A little bit of a story. During COVID, we were able to field more than

10,000 Chromebooks that would not have been in the hands of the students had we not had the money to be able to move quickly,” he said. “We are in the top 1% of districts in the country, in terms of the availability for in-the-hands technology for the students.” CHANGE See page 15

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Southwest Florida BUSINESS TODAY ®

Lee Building Industry Association announces 2023 BIA award winners The Lee BIA Industry Awards honored building and construction industry professionals who made superior contributions to the residential home building and commercial construction industry in sales, marketing, design and outstanding achievement, both individual and corporate.

LSI Companies is establishing a new office in Naples to serve property owners, developers, homebuilders and investment clients in Collier County.

LSI Companies establishes Naples office as broker eyes sales milestone

LSI Companies is establishing a physical presence in Naples with a new office to serve property owners, developers, homebuilders and investment clients in Collier County. The 1,186-square-foot office on 5th Avenue North is strategically positioned near Naples’ thriving commercial core and convenient to Golden Gate, Ave Maria and inland communities poised for significant commercial and residential growth. LSI also has offices in Fort Myers and Punta Gorda. “LSI has been serving clients in Collier County for nearly 25 years, but until now, the company did not have a boots-on-the-ground presence here,” said LSI Companies President and CEO Justin Thibaut. “Our Naples office will further enhance our reputation as the region’s premier commercial real estate brokerage, source of industry-leading market research and comprehensive development services. This expansion is part of our long-term vision for LSI, but no matter our size, we will still serve clients with a boutique approach to real estate services.” Much of LSI’s recent growth is attributed to its success in Collier County, representing both buyers and sellers. LSI has brokered some of the most impactful commercial real estate transactions in the Naples area, including the mammoth 915,750-square-foot Uline regional distribution center and up-and-coming Orange Blossom development that will include residential, retail and restaurants. The company also brokered deals for Valencia Golf & Country Club, Moorings Park, TwinEagles Golf & Country Club, Sonoma Oaks and other residential and commercial developments in Collier.

Page 13

ADVERTISING AND MARKETING Best Television Commercial - Associate: Spiro & Associates, Wayne Wiles - The Secret Best Brochure - Commercial Builder: Envirostruct, Commercial Automotive Brochure Best Brochure- Residential Builder: Christopher Alan Homes, Creekside Run Brochure Best Magazine Ad - Residential Builder: Spiro & Associates, Newbury North Associates Best Corporate Video - Associate: KDL Interior Design, 2023 Portfolio & Testimonials Best Corporate Video - Residential Builder: Centex, The Centex Quality Video Best Consumer Promotion - Developer: Spiro & Associates, Seagate Development Group - Key Box Best Collateral Package - Developer: Spiro & Associates, Seagate Development Group - Collateral Box Best Special Event/Charity - Developer: Spiro & Associates, KJM Development - Compass Rose Groundbreaking Best Special Event/Charity - Residential Builder: Christopher Alan Homes, A New Home for Nancy Jackson Best Overall Marketing Campaign - Associate: Spiro & Associates, McMurray & Members - Post Hurricane Ian Campaign Best Electronic Signage and Airport SignageResidential Builder: Christopher Alan Homes, Punta Gorda Airport Signage Best Website - Residential Builder: Christopher Alan Homes, Christopher Alan Homes Website Best Newspaper Ad or Insert - Associate: Spiro & Associates, McMurray & Members - Our Hearts Are Still Best Overall Marketing Campaign: Christopher Alan Homes, Dreams Within Reach Best Promotional Item – Commercial Builder: Spiro & Associates, Heatherwood Construction Company - Clubhouse Marketing Package Best Promotional Item – Associate: Spiro & Associates, Advanced Hurricane Technology - Headlamp Marketing Package Best Social Media Program – Associate: Plumbing Nerds, Plumbing Nerds Digital Marketing Success Best Logo - Developer: Spiro & Associates, Civitas of Cape Coral Best Logo - Associate: Spiro & Associates, Raso Realty - 50th Anniversary Best Logo - Residential Builder: Spiro & Associates. BCB Homes - 30th Anniversary Best Logo - Commercial Builder: Spiro & Associates, Wright Construction Group Best Virtual Tour - Agency: LSI Companies, Virtual Offering Memorandums Best Virtual Tour - Residential Builder: Christopher Alan Homes, Magnolia Model Virtual Tour

Community of the Year Best Master-Planned Community of the Year: Miromar Development - Miromar Lakes Beach & Golf Club Best Detached Single Family Home Community of the Year: Pulte Homes - Del Webb Oak Creek Best Master-Planned Community of the Year: Miromar Development - Miromar Lakes Beach & Golf Club Best Multi-Family Attached Community of the Year: Taylor Morrison - Esplanade by the Islands Coach Homes Remodeling Projects Best Kitchen Remodel - Over$80,000 – Builder: Kelly General Contracting - Dommerich Kitchen Remodel Best Kitchen Remodel- Over$80,000 – Remodeler: Seagate Development Group - Miramar Lakes, Fort Myers Remodel Best Whole House Remodel- $250,000 to $500,000 – Associate: Clive Daniel Home - Venetian Bay Contemporary Best Whole House Remodel- $250,000 to $500,000 – Remodeler: Beattie Development - Renovation 1533 Best Whole House Remodel -Over $500,000 – Associate: Aniko Design - Lake Side Tranquility Best Bath Remodel- Over $50,000 – Associate: Aniko Design - Seaside Spa Bath Individual Achievement Associate Marketing Manager of the Year: Christopher Spiro - Spiro & Associates “Rookie”Salesperson of the Year – Residential: Tyler Meek - Pulte Homes Commercial Salesperson of the Year – Over $5 Million: Alexis North - LSI Companies Mortgage Originator of the Year - For an Outside Title Agency: Mike Hartman - Sanibel Captiva Community Bank Residential Marketing Coordinator of the Year Keltan Erwin - Pulte Homes Residential Marketing Manager of the Year: Alana Consolo - Christopher Alan Homes Residential Sales Manager of the Year: Shirley Jerezano - Pulte Homes Residential Salesperson of the Year - $301-$400K: Anthony Lucas - D.R. Horton Residential Salesperson of the Year - $401-$500K: Jason Chang - D.R. Horton Residential Salesperson of the Year -$651-$800k: Gita Adib - Pulte Homes Shining Star Award in Marketing Support – Associate: Stephanie Blum - Spiro & Associates Shining Star Award in SalesSupport – Residential: Heather Andrews - Pulte Homes Title Insurance Salesperson of the Year For a Builder: Nicole Tansey - Christopher Alan Homes Golden Hammer Winners Amber Chesley-Godbold, Richard & Rice Construction; Lane Clawson, D.R. Horton; Nathan Lambert, Pulte Homes; Dylan Ciccazzo, Pulte Homes; Shawn Turner, Pulte Homes

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Southwest Florida BUSINESS TODAY ®

What you need to know about investment properties Investing in real estate in Florida can be a lucrative business. Earning extra income by purchasing a home then renting it out or flipping it can provide an additional stream of income. It can also be a great way to diversify your retirement portfolio and help to generate long-term wealth. However, as with any investment, it does come with risks as well as rewards. Here are a few things you’ll want to consider as both a buyer and seller of an investment property before you take the plunge. For buyers: • Location Matters: Florida is a large state with diverse regions and not all locations are equal when it comes to investment potential. Research different cities and neighborhoods to find areas with growth potential, quality schools and low crime rates. • Budget and Financing: Determine your budget and financing options. Many lenders offer investment property loans with different terms and interest rates, so explore your options. Remember that property taxes and insurance costs can vary significantly across the state. • Property Type: Consider the type of investment property you want, such as single-family homes, condos or multi-unit buildings. Each type has its own set of advantages and drawbacks, so choose the one that aligns with your investment goals. • Property Management: If you’re not living in Florida, hiring a reliable property management company is essential. They can handle tenant selection, maintenance and other day-to-day operations, ensuring your investment runs smoothly. • Market Trends: Stay updated on market trends and forecasts. Florida’s real estate market can be dynamic and knowing the current and future trends will help you make informed decisions. For Sellers: • Pricing Strategy: Determining the right price is crucial. Work with a real estate agent who specializes in investment properties to conduct a comparative market analysis. This will help you set a competitive price to attract potential buyers. • Property Condition: Ensure your property is in good condition. A well-maintained property is more likely to sell at a higher price and attract more buy-

ers. Consider making necessary repairs and updates to increase the property’s value. • Staging and Presentation: Staging your property can make a significant difference in attracting buyers. Clean and declutter the space and consider hiring a professional stager to create an appealing presentation. • Legal Considerations: Understand the legal aspects of selling BY BRIAN a property in Florida, including RODGERS local zoning laws, disclosure reGuest Columnist quirements and the closing process. Consult with an experienced real estate attorney to navigate these complexities. • Timing the Sale: Timing can have a great impact on your sale. The Florida real estate market can have seasonal fluctuations, so discuss with your real estate agent when the best time to list your property might be. • Tax Implications: Be aware of the tax implications of selling an investment property in Florida. Depending on your specific circumstances, you may be subject to capital gains tax, which can be reduced through various strategies. • Marketing Strategy: Develop a strong marketing strategy to reach potential buyers. This includes online listings, professional photography and even virtual tours to showcase your property effectively. Florida’s real estate market has been historically attractive to investors due to its growth and warm climate. However, it’s essential to approach buying or selling an investment property with careful planning and the right information. Both buyers and sellers should work closely with experienced real estate professionals, such as those at Worthington Realty, who can provide insights and guidance specific to the Florida market. Brian Rodgers is owner and qualifying broker for Worthington Realty, a boutique real estate company specializing in residential sales, rentals and development across Southwest Florida. Contact (239) 4373334 or info@worthingtonrealty.com. Visit WorthingtonRealty.com.

JANUARY 2024

Kick-start your business

QUESTION: I am thinking about starting a business but don’t know what steps I should take. Can you give me some direction in this regard? ANSWER: Starting a new business is quite an undertaking that requires courage, and confidence you have what it takes to succeed. The first thing you should do is construct a written business plan. I see too many entrepreneurs who invest a lot of money with start-up expenses, before doing the necessary due diligence. A well-constructed business plan will address all of the necessary steps you must take in the forBY GRAY mation of a new business including: POEHLER initial first steps; legal and accountGuest Columnist ing; insurance considerations; business funding options and buying a business or franchise. To understand these various steps is a daunting challenge. There are many articles written on the subject and a number of business plan outlines are available for a price. SCORE offers a free outline at www.score.org/ resource/template/business-plan-outline. In addition, the entire process can be made easier by attending an expo sponsored by the Naples Chapter of SCORE. “Kick-start Your Business in 2024” is an allday workshop offered Jan. 27 at the Innovation Hotel in Naples. To register, visit www.score.org/naples/event/ kick-start-your-business-2024-score-biz-expo I can think of no better way to kick-start your new or existing business. In addition to information you will receive at the Expo, our Naples SCORE business counselors stand ready to work with you for as long as it takes in the development of your business plans. You will also need to engage the services of an attorney, a CPA and a commercial insurance agent to help you grasp the complexities of owning a small business. Gray Poehler is a volunteer with the Naples Chapter of SCORE,Counselors to America’s Small Business. To ask a question or request free and confidential business counseling, call (239) 430-0081 or log on to https:// www.score.org/naples/local-mentors.

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JANUARY 2024

Southwest Florida BUSINESS TODAY ®

Page 15

Lee Commissioners award grants to partners for affordable housing The Lee Board of County Commissioners voted to award nearly $5.4 million in State Housing Initiatives Partnership (SHIP) grant agreements to local partners for affordable housing. The grants will provide assistance to 48 very low and 49 low-income households including 53 households that include individuals with special needs. The SHIP program is solely funded by the State and is locally governed by the strategies in the Local Housing Assistance Plan (LHAP) adopted by the Board on March 21, 2023. The program places a priority on serving very low, low and special needs households and requires 65% of the funds be spent on home ownership activities. The grants were awarded to: Habitat for Humanity of Lee and Hendry Counties, Inc. • $2,222,188 – Down Payment Assistance for of 32

CHANGE PAGE 12 He said the tax will help expand and re-vitalize the school system as Lee County continues to grow. “We have 100,000 students in the district,” he said. “We are the eighth largest district in the state. We’re the 32nd largest district in the country. And we’re still growing. We’ve added 19,000 students since 2008. And that growth curve continues to project to be larger and larger.”

ROBOT PAGE 1 Project management, estimating, business development and technology deployment professionals from Suffolk shared on pathways to achieve success in construction. “Our partnership with the Immokalee

households which includes nine very low and 23 lowincome households. At least eight of the households include individuals with special needs.

Lee County Housing Development Corp. • $255,000 – Construction of three single family houses for one very low and two low-income households. All three households include people with special needs. • $385,000 - Down Payment Assistance for of 10 households which includes five very low and five lowincome households. At least four of the households include people with special needs. • $750,000 – Owner Occupied Rehab for 10 households which includes five very low and 5 low-income households with all 10 households including individuals with special needs. • $1,115,540 – Rental New Construction for 12 very low and 12 low-income households with at least 12 of the households including individuals with special needs.

Shimp talked about the importance of this tax to the future health of the Lee County school system. “The look ahead, we anticipate that there will be another 15,000 students by 2031. And there literally are no other funding sources on the horizon. Longterm, this sales tax will reduce the amount of debt service that we have to spend at a district level.” While no one likes to pay more taxes, it looks like the half penny sales surtax has proved its value to Lee County. Foundation’s youth empowerment programs demonstrates our commitment to educating young adults on construction and STEM careers,” said Pete Tuffo, president of Suffolk’s Florida West Coast Region. “We believe it is our responsibility, as an organization and as an industry, to provide the resources and education for students to pursue careers in these thriving fields.”

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Affordable Homeownership Foundation • $300,000 – Rental New Construction for two very low and two low-income households with at least two of the households including individuals with special needs. Goodwill Industries of Southwest Florida • $380,628 – Rental rehabilitation of 14 units at Jean Devereaux Apartment for 14 very low-income households with all 14 households including individuals with special needs. Lee County has received funds since 1999 from the SHIP program for the provision of affordable housing. The SHIP program is funded by revenues collected by the state from a surcharge on documentary stamps and distributed to counties and local governments as grants. Distributions are made on a population-based formula through the Florida Housing Finance Corporation, a state agency created to assist in providing a range of affordable housing opportunities.

UPDATE PAGE 1 He shared how the opening of Margaritaville on Fort Myers Beach will aid Lee County tourism. “Now with the recent Margaritaville opening—that’s gonna go a long way towards helping the beach portion of the recovery, because of the new hotel rooms that are going to be taxed—the room rates are going to be substantial. So that will also help us recover as a county.” Talmage addressed the current employment status of workers displaced by the hurricane. “From a non-revenue perspective, from a larger macro-economic perspective, you know, job creation is way up,”

he said. “We think that everyone who lost their jobs on the Beach and Sanibel, that wants to continue working in the county, has found another job on the mainland. “And I think the displacement of our workforce has largely subsided and people have found places to live, that have chosen to stay here. “So our population has stabilized and will continue to trend back upward again. And our jobs: we’ve added 20,000 jobs since the beginning of the year, just on its own. We’re almost about to hit a workforce of over 400,000, which would be a total high number as well.” The economic recovery from Hurricane Ian is well underway as construction and job creation in Lee County takes root and continues on the path forward.

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Southwest Florida BUSINESS TODAY ®

JANUARY 2024

“OurTop Priority is to provide a Better Way of Doing Business.” Like Thomas Edison, we believe there is always “a better way.” In the current banking climate, that means providing safe, sound banking services that empower our community’s small business leaders to reach their goals. Edison National Bank/Bank of the Islands is FDIC-insured and continues to earn the highest 5-Star Superior rating by BauerFinancial - the source for unbiased, independent analysis for financial institutions across the nation. We are standing strong with money to lend. With a history of long-term stability and resilience, we are absolutely committed to remaining wellpositioned to honor our promises and protect our banking customers.

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