Inc. highlights 10 fast-growing Tampa companies — and why you should know about it

A company that works with doctors and hospitals on drug testing leads a list of 10 Tampa companies that Inc. magazine says are the fastest-growing in the city.

The magazine, which reported its overall Inc. 5000 in August, repurposed the list to show companies headquartered in Tampa, which Inc. said is fast becoming a startup hub, with relative affordability and a vibrant tech sector.

Inc.’s description of Tampa — as “booming with small business spirit” — are among the reasons Google Fiber… …read more

Up & Comers’ work lives provide a sneak peek at the economy of the future

The 2015 Up & Comers have achieved early professional success, but they and their millennial counterparts could have a tougher time advancing up the career ladder and earning the same salaries as their parents and others who came before them.

That has broad economic implications that could impact overall rates of home ownership and entrepreneurship, said Sarah House, an economist at Wells Fargo Securities.

Millennials in their mid-30s now started their careers amid optimism that baby boomers would… …read more

Tampa’s housing market great for flippers, report says

In the market to flip some homes? Tampa’s a great place to be for that.

A new report from RealtyTrac found that among 101 markets with at least 75 single family and condo flips in the third quarter of 2015, Tampa had the fourth-highest share of home flipping, equaling about 9 percent of sales.

In particular, 25.2 percent of the home sales in the ZIP code 33610 in Tampa were home-flipping sales. The 33610 ZIP code is roughly bordered by 15th Street on the west, MLK Jr. Drive on the south, Sligh… …read more

Best quotes about business from 10 candidates at Republican presidential debate

Business got lots of attention at Wednesday night’s Republican presidential debate, especially small business. You can read a full transcript, but here are the best quotes about business from the 10 presidential candidates:

“I wasn’t on the board of Lehman Brothers. I was a banker and I was proud of it. And I traveled the country and learned how people made jobs. We ought to have politicians who not only have government experience but know how the CEOs and the job creators work.”

– John… …read more

Atlanta developer plans mixed-use tower in downtown Sarasota (Rendering)

A mixed-use tower in downtown Sarasota is in the works for a prime parcel of the urban core — the corner of Second Street and Central Avenue, across the street from Whole Foods Market.

Atlanta-based Carter, which is planning a 23-story tower in downtown Tampa, on Tuesday announced a joint venture with Hunt Investment Management for the project.

Hunt is “managing the investment on behalf of an institutional client,” according to a release.

It will be 10 stories and include 180 apartments and… …read more

South Tampa estate on the market for $7 million (Photos)

The timeless appeal of the sprawling estate at 1010 Frankland Road was something that took, well, a lot of time to get just right.

The planning and design of the 11,000-square-foot home in Palma Ceia Golf and Country Club began in 1999. Bayfair Homes of Tampa started construction in February 2001, and was delayed by the Sept. 11 terrorist attacks — the Pentagon is constructed of the same Indiana limestone as the home, and nearly all of the post-Sept. 11 limestone production was diverted to rebuild… …read more

Large Florida landowner settles with regulators in case involving land valuations

The St. Joe Company and former executives have agreed to pay civil penalties as part of a settlement with the U.S. Securities and Exchange Commission in a case stemming from the downturn in the real estate market.

The SEC accused the company, the largest landowner in northwest Florida, with improperly accounting for the declining value of its residential real estate developments during the financial crisis. As a result, St. Joe (NYSE: JOE) materially overstated earnings and assets in 2009 and 2010,… …read more

Exclusive: Apollo Beach mansion built as Coastal Living’s ‘Idea House’ sold to local buyer (Photos)

An Apollo Beach mansion that once graced the pages of Coastal Living has been sold to a local buyer.

The 4,780-square-foot home at 604 Balibay Road sold Monday for $1.5 million, said Jennifer Zales, an agent with Coldwell Banker Residential Real Estate, who marketed the property for sale.

It is believed to be the highest sale in Mirabay, a 750-acre residential development in Southern Hillsborough County, since 2008, Zales said.

It was built in 2004 by Bayfair Homes of Tampa for the magazine’s… …read more

Alliance launches effort to tie together real estate around USF, University Mall, MOSI

Efforts to transform the thousands of acres surrounding the University of South Florida into a vibrant innovation district will officially kick off this week.

Mark Sharpe, executive director of the Tampa Innovation Alliance and former Hillsborough County commissioner, is hosting an event Thursday evening to discuss those plans.

The district includes 25,000 acres in North Tampa, in an area bound by Busch Boulevard, Bearss Avenue and Interstates 75 and 275. The district’s anchors, Sharpe said, are… …read more

National builder proposes two townhouse developments in South Tampa

A national homebuilder is looking to increase the density of two separate sites in South Tampa.

David Weekley Homes, based in Houston, is proposing two townhouse developments: One at 405 S. Melville Ave., and another at 210 S. Arrawanna Ave., according to plans filed with the city last week. (See map embedded below.)

Each development would have four townhouses. The Arrawana units range in size from 2,600 square feet to more than 2,800 square feet; the Melville units are larger, at more than 3,300… …read more