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A Tough ForecastBy: Editorial StaffOur experts get out their crystal balls and see Southwest Florida’s economic future. |
happen this year.
The big uncertainty is what Brazil actually has, and right
now the intelligence that’s coming back—the Brazilian industry doesn’t publish
numbers—we’re looking at maybe a decrease in the Brazilianstyle="mso-spacerun: yes"> supply. If that is true, then we might see
a movement upward.
Any changes in the vegetable market?
We have seen an increase in acreage of snap beans and
potatoes and over the last five years or so, as some of the tomato acres have
gone out, these other (crops) have come in. They’re less dependent on migrant
labor [because of mechanization], so price doesn’t fluctuate as much but there
seems to be kind of a fairly stable return.
What about sugar cane?
Sugar cane’s been fairly stable. Last year, prices were not
too good; they had some issues to deal with. There’s more of a long-term
concern about what’s going to happen with Cuba. That’s going to affect not just
sugar cane but vegetables as well as citrus.
Do you see other imminent opportunities in agriculture?
We’re dealing with the long-term reality that more people
are going to be moving into the area. We should rethink the way private
landowners use water resources and encourage them to think of ways they could
redirect water into the wetland areas, not only helping the wildlife and
ecology, but also serving as a natural reservoir for water that can be used at other
times during the year.
And if we want to encourage that behavior, we need to think
of a scheme by which we can pay for that, whether it’s water management or
protecting panther habitat.
Retail
Craig timmins is a principal with Grubb & Ellis/IPC, which
conducts commercial real estate market research.
Are companies interested in continuing to grow here?
We’ve got a number of retailers who are either expanding or
wanting to enter the market ... both local and national players.
More so than in other years?
No.
Have they slowed?
The national guys we’re working with have not slowed down.
The locals seemed to pause for the first couple of weeks after Sept. 11, as I
think the whole world did. Now people
have definitely come back and said, ‘OK, let’s keep going forward.’
Any hot spots in Lee or Collier?
The northern part of Collier County is the strongest part of
our market.
Will certain types of retail
continue to grow or become stagnant in 2002?
Transactions for larger retail that could be deferred may be
deferred. If you don’t have to get that refrigerator, you may live with your
older refrigerator for another six months.
The higher price point may suffer a little bit. You aren’t
going to go out for a $30 dinner, but you may go out for a $15 dinner. So there
may be some ratcheting down.
Naples is a very good place to be in this kind of market
because Naples does have a very wealthy population and a lot of their income is
derived from pensions and dividends and interest income, and to some extent
that’s pretty durable.
What are Southwest Florida’s greatest assets?
Our strong population growth is going to help. People who
move need to spend money on all the things you need whenever you move. That
kind of population growth helps dampen the effect of a recession.
Do you expect a developer to move ahead on plans for a
regional mall here in the next year?
It wouldn’t surprise me if one gets announced.
Technology
Dr. walter rodriguez is a professor and chairman of the
departments of computer science, computer information systems, decision
sciences and engineering and the College of Business at Florida Gulf Coast
University. He also directs the Institute for Technological Innovation and
Florida Engineering Education Delivery System and serves on the boards of
several local technology firms.
What kinds of businesses
dominate the tech industry
in Southwest Florida?
In general, consulting, software-developing activities. But
it’s really very diverse. You have your search engines like FindWhat.com, which
is doing very well, all the way to the mom-and-pop shops that fix computers.
What are the biggest challenges that local tech firms face
in 2002?
Since I’m in education I’ll start with that. There’s an
impact in the state of Florida by the expected budget shortfalls. That’s why we
are moving very aggressively to seek out partnerships with enterprise. (In
addition), we could always use better telecommunications infrastructure.
The labor market is a challenge. On one side, companies such
as telecommunications firms are laying off employees, but at other companies
the challenge is to find qualified people, especially in the areas of
information technology, computer science, computer information systems
software, engineering. The university is providing some of those, but there’s
more needed.
We provide retraining programs, certificate programs in the
areas of design and software development, Internet security to retrain
displaced workers. But the cuts make this a challenge; you cannot make new
programs.
Lee and Collier counties use a variety of incentives to
recruit technology firms to Southwest Florida. Do you know of anystyle="mso-spacerun: yes"> private efforts?
Garner Group has formed a venture capital group with funding
from national and global companies. Stellar Business Builders has created a
business incubator.
The beauty of software development is you can do it from any
part of the world, so why not do it from a real nice area? If we can provide
the technology infrastructure, they will come here.