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SRQ DAILY Feb 13, 2023

Monday Business Edition

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Monday Business Edition

"Mixed-use developers are few and far between. Most know apartments or know retail. Few do both."

- Tony Veldkamp, SVN Commercial Advisory Group
 

[Real Estate]  Joint Venture Buys Ellenton Property for Luxury Apartments
Jacob Ogles, jacob.ogles@srqme.com

A luxury condominium will soon begin construction near Ellenton Premium outlets.

In a joint venture, Defined Companies and Nadeb Investments Group purchased a 7.86-acre property on Factory Shops Boulevard for $4.95 million. Now developers expect to build a 235-unit luxury apartment complex advertising resort amenities.

SVN Commercial Advisory Group represented the seller, Ohm Teerth Development in Bradenton. The land owners have worked in the last year to change the allowable land-use on the property, which in the past has been zoned for such retail uses as a movie theater.

Tony Veldkamp, a senior advisor at SVN, said the property is perfect for multi-use housing. While the property still have some commercial capacity, he said the land was easily marketed to developers specializing in residential construction.

“Mixed-use developers are few and far between,” he said. “Most know apartments or know retail. Few do both.”

Defined, a Fort Lauderdale company led by founders Noah Leon and Steven Guasch, has a focus on developing high-end multi-family residential. Nadeb, led by president Eben Mensah, specializes in the acquisition, development, construction, and management of multi-family residential communities.

Veldkamp said that while the project will primarily focus on the luxury market, developers did agree to keep 60 units in a price range deemed as “affordable housing” with the county in order to obtain density bonuses.

He said the community can expect an attractive resort-style development to result. Construction should start in the first quarter of this year, with the first units coming online within a year.

Matt Fenske, also of SVN, said the project indicates strong interest in an already-booming Manatee region.

“The North River market has more than 23,000 new homes approved or being built,” Fenske said. “Manatee County is one of the fastest-growing counties in the state and this new construction will help accommodate some of that population influx.”

The buyers issued a joint statement saying this purchase made the most sense based on current forces.

“With the ever-changing capital markets constraining construction financing, developers must prepare themselves to protect and carry their investments until there is a sense of normalcy,” the statement read. 

Aerial photo courtesy SVN.

[New Hire]  Dan Miller Joins RE/MAX Platinum Realty

Dan Miller has joined RE/MAX Platinum Realty as a Realtor in the downtown Sarasota, Florida, office. He has more than 15 years of experience in the luxury real estate market in Sarasota and the surrounding keys. Prior to his real estate career, Miller was an international bank examiner, and owned and operated a successful Sarasota-based chain of retail stores operating throughout the Southeastern United States. After selling the company, he parlayed his extensive market knowledge and passion for real estate investing into a successful real estate sales career. “I am dedicated to helping families and individuals relocate to this gorgeous town and embrace the vibrant Sarasota lifestyle,” Miller said. RE/MAX Platinum Realty’s Sarasota office is located at 1500 State Street, Sarasota, Florida 34236. Miller can be reached at (941) 376-7442 or ddm1@comcast.net.

  

[Workshop]  Women's Resource Center offers Divorce 101 - A Five-Part Workshop Series

The Women’s Resource Center presents Divorce 101, a free, four-part workshop series that explores Florida divorce law, how to claim financial power, and ways to change the emotional dynamic with a divorce. The series launches on February 15, 6-7:30 p.m., with “Emotional Workshop” with board-certified divorce coach, Kim Boyd; and continues February 22, 6-7:30 p.m., with “Financial Workshop #1” with Laura Mattia, PH.D., MBA, CFP, a financial advisor, educator, and author. The series will continue March 8 with “Legal Workshop” facilitated by Chris Florand, a certified family and civil court mediator. There are two new components to the Divorce 101 Workshops: “Children and Divorce,” March 22. The series will end on March 29 with a second “Financial Workshop.” This workshop is focused on housing and forensic accounting. This in-person series is at the Women's Resource Center Sarasota, 340 S. Tuttle Ave., Sarasota. Participants can attend one or all of the sessions. To register, visit mywrc.org/divorce101. For more information, call 941-366-1700. 

[New Supervisor]  Manatee Clerk Teen Court/Teen Court Too Supervisor appointed to Serve on the Florida Association of Teen Courts Board of Directors

The Florida Association of Teen Courts (FATC) has appointed Yantee Hines, Manatee Teen Court/Teen Court Too program supervisor to serve a one-year term on the FATC Board of Directors. Since 1995, the FATC has served Teen Court programs across Florida by providing collaboration, support, resources, and professional fellowship to reduce recidivism and provide a positive, safe environment for volunteers. As a core point of contact for Florida counties Teen Court programs, the association develops ideas and resource materials for enhancing program operations statewide. Since 1991, Manatee County’s Teen Court/Teen Court Too program has prevented thousands of cases from entering the juvenile court system and saved Manatee County taxpayers over $54 million. The program, overseen by the Office of Angelina “Angel” Colonneso, Clerk of the Circuit Court & Comptroller, is a diversionary program designed to stop youthful delinquent behavior before a pattern is established. The program allows first-time youth offenders, ages 10-17, a second chance while holding them accountable for their actions. Hines has been the Teen Court/Teen Court Too supervisor since 2021. Since becoming supervisor, Hines has continued the success of the program and implemented new ideas such as a community organization awareness program where speakers from outside agencies are invited to speak to the youth volunteers prior to court. Previous speakers include MADD and Drug Free Manatee. For more information about the Manatee County Teen Court/Teen Court Too program, visit the Clerk’s website at www.ManateeClerk.com/Departments/TeenCourt and for more information about the Florida Association of Teen Courts, visit their website at https://floridateencourts.wordpress.com/about/.

  

[Financial Access Federal Credit Union]  Access to Low Cost Capital is Important for Any Business Enterprise. This is Especially True for Small Businesses.

After serving as Chairman of the Small Business Council for the Manatee Chamber of Commerce and mentoring small business owners, Sherod Halliburton CEO of Financial Access Federal Credit Union has seen the demand up close. “I have been approached by business owners frustrated with their inability to access business capital. Many of these businesses have been operating for less than three years, funded their businesses on personal credit, have operational challenges, and/or need to borrow less than $100,000,” states Halliburton. Financial Access, in partnership with most of the area’s technical assistance providers, is committed to filling the lending gap and serving as a bridge to traditional business lenders.  

While Financial Access Federal Credit Union was founded as Tropicana Employees Federal Credit Union in 1958, it has grown and changed significantly while still celebrating its heritage. It now serves a larger field of membership and has expanded its geographic area. With $2 million in recent grants from the U.S. Treasury Department and a $1 million investment from Charter Communications, Financial Access can provide a more dynamic experience with upgraded technology, over 30,000 Fee-Free ATMs throughout the United States, and establishing a business lending program now available throughout the State of Florida. With improved technology, members and business owners can now easily conduct most of their business easily from the comfort of their homes and offices. Consumer loans are now offered for business purposes and business loans are available for up to $1 million. 

Small businesses are the lifeblood of our community and Financial Access will help them build credit and financial capacity with its unique strategies while serving as a bridge to larger traditional business loans. 

Click Here To Learn More



[Event]  SB2 Luncheon

Join us on March 7, 2023 at Michael's On East for a dynamic luncheon symposium centered on conversations focused on regional philanthropic topics. The luncheon will include a panel discussion to explore the ever-changing world of non-profits and honor outstanding individuals who have made a meaningful impact within the community. 

Reserve Your Tickets Here

[Feature]  ALL GROWN UP
Kevin Allen, kevin.allen@srqme.com
ALL GROWN UP | Four very successful yet very different national companies have one thing in common. 
 
They all started in the Sarasota area! Join our SRQ editors for a Q&A with First Watch, PGT Innovations, JMX Brands and Tervis as they share their past, present and future stories with us. Read their stories through the link, on our social medias, or in the February edition!
 

Read Here!

[SOON]  HEALTH: A Woman's Journey , March 3, 9:15 - 11:30 a.m.

Don't miss A Woman's Journey, on March 3rd at the Westin Sarasota. Since 1995, Johns Hopkins Medicine’s annual women’s health program A Woman's Journey provides new and compelling information about important issues affecting women's health. Through a selection of seminars presented exclusively by Hopkins faculty physicians, participants are able to hear first-hand about advances in medicine from the individuals performing the research, all the while interacting with a diverse group of attendees. Registration is $95. Click here to register: https://www.hopkinsmedicine.org/awomansjourney/upcoming-live-programs/florida-2023-sarasota.html

[SOON]  GRAB BAG: Marie Selby Botanical Gardens 2023 Jean & Alfred Goldstein Exhibition Tiffany: The Pursuit of Beauty in Nature , February 12 – June 26, During garden hours

Marie Selby Botanical Gardens’ 2023 Jean and Alfred Goldstein Exhibition Tiffany: The Pursuit of Beauty in Nature showcases the creativity and innovation of American artist and designer Louis Comfort Tiffany (1848-1933). The first exhibition of its type to be presented in a botanical garden, the exhibition highlights the inspiring connection between Tiffany Studios and the natural world through unique horticultural displays in the Tropical Conservatory and the Gardens, accompanied by seminal examples of Tiffany’s work on view in the Museum of Botany and the Arts. To learn more, visit selby.org. Selby Gardens Downtown Sarasota campus, 1534 Mound St., Sarasota.

[SOON]  GRAB BAG: Galentine's Day at 99 Bottles , February 13, 6 to 9 p.m.

Grab your bestie and shower her with an evening of love & fun! The night will feature bottomless select wines, bottomless select wubbles, cheese, charcuterie, and accoutrements. There will also be jewelry by Link x Luxe, henna Tattoos by Haley's Sacred Tattoos and Champagne Sampling by Champagne Palmer and Co. Dress to impress as a photographer there to capture the moment. This is a limited ticketed event and costs $75/pp +tax and gratuity. Visit 99bottles.net to learn more and purchase tickets.

99 Bottles, 1445 2nd St., Sarasota.

[SOON]  SEMINAR: Conservation Conversations with Architecture Sarasota: Conserving New York City's Modernist Icons , February 14, 5:30 p.m.

In 1988, Glenn Boornazian started what would become Integrated Conservation Resources (ICR), and Integrated Conservation Contracting (ICC), in order to combine investigative architectural conservation services with high-quality conservation contracting. His expertise includes specialized conditions investigation, materials testing, analysis, and the design and implementation of architectural conservation treatment programs. For this talk, Boornazian will discuss his involvements with the restorations of the Guggenheim Museum, the Lever House, and the TWA Terminal. Visit architecturesarasota.org for more information and to purchase tickets. 

Architecture Sarasota, McCulloch Pavilion, 265 S. Orange Ave., Sarasota.

[SOON]  FESTIVAL: Saint Barbara 2023 Sarasota Greek Festival , February 17 – February 19, Various times

The 39th Annual St Barbara Greek Festival “Glendi” offers three days of pure family fun filled with delicious Greek dishes, domestic and imported beverages, amazing pastries, live Greek music and The St. Barbara Hellenic Dancers and all things Greek. The tents will be filled with amazing Greek food, Greek drinks, pastries dancing, vendors and more, including a raffle. Visit stbarbarafestival.org to learn more.

Saint Barbara Greek Orthodox Church, 7671 Lockwood Ridge Rd, Sarasota.

[SOON]  FOOD: Lapostolle Wine Dinner at Michael's Wine Cellar , February 22, 6 p.m.

Located in one of its country’s most famous valleys, the Colchagua Valley, Lapostolle Winery is an icon for wine production in Chile. Lapostolle strives to create world-class wines using French winemaking philosophy and the superb terroirs of Chile. Today, the vineyards span 188 hectares planted to Cabernet, Carmenere, Merlot, and Petit Verdot along with Syrah, Grenache, Mourvedre, and Cinsault. Michael’s Wine Cellar is proud to feature one of Chile's greatest winemakers in this one-night-only, multi-course dinner event. To learn more and purchase tickets, visit michaelswinecellar.com. 

[SOON]  FOOD: Truchard Vineyards Wine Dinner at Michael's Wine Cellar , February 23, 6 p.m.

The Truchard family wine tradition began in the U.S. in the late 1800s. Today, the Truchard estate covers 400 acres and houses an amazing 11,000-square-foot wine cave. Among the wines produced by Truchard Vineyards are Chardonnay, Pinot Noir, Merlot, Zinfandel, Cabernet Sauvignon, and Malbec, all of which are estate grown. This exquisite multi-course wine dinner will feature a special selection of Truchard’s finest wines. And best of all, Anthony Truchard will be our guest host for this event! To learn more and purchase tickets, visit michaelswinecellar.com. 

[SOON]  FOOD: 2023 Forks and Corks Food and Wine Festival , April 20 – April 24, Various times

The 2023 Forks and Corks Food and Wine Festival will return for its 16th year. The Festival is scheduled for April 20-24, 2023 and offers a world-class weekend of winemaker dinners, interactive wine seminars and wine tastings that culminates with the alfresco Grand Tasting event at The Ringling Museum of Art Courtyard. Guests will savor delicious dishes presented by over 40 members of the Sarasota-Manatee Originals restaurant group and sample from a collection of more than 300 unique wines from across the globe. There will be live musical entertainment and an expansive silent auction of rare and collectible wines and experiences. Due to the unprecedented demand this year, there are three available ticket levels: VIP, early access and general admission. For more information on Forks and Corks and to purchase tickets, visit EatLikeALocal.com. Follow Forks and Corks on Facebook and Instagram.

SRQ Media Group

SRQ DAILY is produced by SRQ | The Magazine. Note: The views and opinions expressed in the Saturday Perspectives Edition and in the Letters department of SRQ DAILY are those of the author(s) and do not imply endorsement by SRQ Media. Senior Editor Jacob Ogles edits the Saturday Perspective Edition, Letters and Guest Contributor columns.In the CocoTele department, SRQ DAILY is providing excerpts from news releases as a public service. Reference to any specific product or entity does not constitute an endorsement or recommendation by SRQ DAILY. The views expressed by individuals are their own and their appearance in this section does not imply an endorsement of them or any entity they represent. For rates on SRQ DAILY banner advertising and sponsored content opportunities, please contact Ashley Ryan Cannon at 941-365-7702 x211 or via email

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