Construction Underway for NCEF Headquarters

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Conditioned Air Lee-Charlotte Operations Hub rendering.

Need to catch up on business news in Southwest Florida? No problem. Here are the top stories of the week pulled from our daily newsletter, Gulfshore Business Daily

Friday, July 26

CONSTRUCTION UNDERWAY FOR NCEF HEADQUARTERS

The Naples Children & Education Foundation (NCEF), the founding organization of Naples Winter Wine Festival (NWWF), has begun construction on its 15,000-square-foot permanent headquarters. The two-story building is being constructed on property purchased by NCEF in the Eagle View Professional Park on Goodlette-Frank Road, just north of Golden Gate Parkway. The building will serve as home to NCEF’s operations which provide an annual average $10-million investment in community programs serving more than 45,000 vulnerable children in Collier County. Construction on the site began in June. The community is invited to track the construction team’s progress as it is updated once a week via social media sites such as Facebook. The building is expected to be completed and ready for occupancy in April 2020, after the 20th anniversary NWWF. The headquarters building will offer a large board room that will be the future hub for NWWF and community needs planning sessions. There will also be staff offices, conference rooms and a resource center which can be utilized as meeting space for nonprofit groups. Naming opportunities associated with private support of the new headquarters building and the associated “Onward and Upward” Capital Campaign are still available. Individuals and/or organizations interested in supporting the campaign may contact Maria Jimenez-Lara at (239) 514-2239 or send an e-mail to maria@napleswinefestival.com.
 

Thursday, July 25

TGR FINANCIAL INC. INCOME UP IN Q2

TGR Financial Inc., the holding company for First Florida Integrity Bank, announced second-quarter net income of $4.2 million. The results represent earnings growth of 16 percent compared with second-quarter results one year ago. Net income for the six months ended June 30 was $8.2 million, an increase of 20 percent or $1.4 million higher than the six months ended June 30, 2018. The return on average assets was 1.14 percent for the three months ended June 30, up six basis points over the same period in 2018. Quarter to date earnings represented $0.22 per diluted share.

 

Conditioned Air Lee-Charlotte Operations Hub rendering.

Wednesday, July 24

CONDITIONED AIR TO EXPAND OPERATIONS

Conditioned Air plans to build a 52,710-square-foot operations center in Fort Myers to accommodate the air-conditioning contracting and service firm’s current and future growth throughout Southwest Florida. The building will be located at the intersection of Jetport Loop and Global Parkway in the Southwest International Commerce Park across from the Southwest Florida International Airport. The building will encompass 10,800 square feet of office space, 31,110 square feet of warehouse space, and 10,800 square feet of mezzanine for storage and future expansion. The building will be Conditioned Air’s central hub for the growing Lee and Charlotte County markets and provide operational support for its Naples headquarters and Sarasota branches. It also will serve as the company’s main training facility, with a fully functional training lab for hands-on continuous education and onboarding of entry-level technicians. The new operations center will replace an existing smaller facility nearby on Jetport Loop. Permitting is currently underway on the location. It is anticipated that ground will be broken on the site in October with completion and occupancy scheduled for July 2020. The building will be designed by McHarris Planning & Design and developed by Seagate Development Group. Conditioned Air plans to double in size in the next five to seven years, according to a press release.

 

Tuesday, July 23

NAPLES AREA CLOSED HOME SALES DECREASE IN JUNE

Five-hundred potential buyers were shown homes for sale in the Naples area every day during June, according to the June 2019 Market Report released by the Naples Area Board of REALTORS (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island). Closed sales in the Naples area during June decreased 10.3 percent compared to closed sales in June 2018, but closed sales since January have only decreased .7 percent. Closed sales over the last 12 months are up in all price categories below $1 million. To view the entire report, visit www.NaplesArea.com.

 

Gasparilla Inn & Club

Monday, July 22

GASPARILLA INN & CLUB NAMED NO. 1 RESORT IN FLORIDA

The Gasparilla Inn & Club in Boca Grande has been ranked the No. 1 Resort in Florida by readers of Travel + Leisure magazine. To celebrate this honor and thank guests, the resort is offering “The Gasparilla Experience Package” that will run Oct. 3-31. With the package, resort guests can select one of the following complimentary experiences each day: round of golf on the property’s Pete Dye championship golf course, guided kayak or paddleboard tour around Gasparilla Island, Gasparilla Experience Treatment at the inn’s spa, or sunset cruise in the Gulf of Mexico. The exclusive offer also includes a golf cart for use during the stay and complimentary breakfast in the inn’s dining room. Rates start at $399 per night based upon double occupancy, with a two-night minimum on weekends. To make a reservation, call (844) 651-0107.
 
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