Current Issue Past Issues Search Articles
The Buzz Problem Solver Business Basics Real Estate Shop Talk Marketing/Money Matters Front & Center After Hours
Introduction Counties Workforce Resources Community Resources Tourism
Gulfshore Business Update Address/Phone Gulfshore Business Daily
   e-newsletter
Gulfshore Business
About the Magazine Contact Us Employment
/ Home / Articles / Gulfshore Business / 2004 / 03 /
search
 
 
 

 
Tools

Printer-Friendly Print this page
Email This Email to a Friend
Digg This Digg This Article
Subscribe to Gulfshore Business Subscribe to Gulfshore Business
 
eBrochures
» View all eBrochures

Great News, but. . .

By: Phil Borchmann


At an upbeat real estate summit, a few caveats temper the mood

There's nothing like an upbeat economic seminar to make a businessperson's day. Take the recent Southwest Florida Real Estate Outlook Conference, for example. The men and women who attended this fourth annual, half-day event had plenty to cheer about after the event ended.

An impressive line-up of experts generally had good things to say about the local commercial real estate market and the factors that strengthen it. Toss in a great breakfast shared over good conversation, and what could be better?

As with many seminars of this type, however, speakers are prone to temper the good news with a caveat or two, and the outlook conference was no exception. Here's a sampling of what guests heard.

"We're seeing our airport statistics going through the roof."

But.

"We can get from the air to the ground. But getting from the ground to the destination is a challenge. It still takes eight to 12 years to build roads."

-John Albion, chairman of the Lee County Board of Commissioners.

"We're well known as a beautiful place to visit and a great place to live."

But.

"There's a lack of a business image."

-Regina Smith, executive director, Lee County Economic Development Office.

"The university is the impetus for growth in the area."

But.

"This is the largest metropolitan area in the country without a school of engineering. FGCU does not have a school of engineering."

But.

"We have plans for a school of engineering."

-Hudson Rogers, associate dean for the College of Business, Florida Gulf Coast University.

"During the past 12 months, the [commercial] market has continued to thrive."

No buts.

-Karen Johnson-Crowther, commercial real estate adviser, Grubb & Ellis|VIP.

-Phil Borchmann