Holiday Inn Comes to Downtown Fort Myers

Share on facebook
Share on twitter
Share on linkedin
Katherine "Kitty" Green

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

Friday, May 24

DOWNTOWN HOLIDAY INN APPROVED FOR CRA REBATE

Holiday Inn, a six-story, 135-room full-service hotel to be built in the downtown redevelopment area of Fort Myers, was approved for a tax increment rebate up to $3.3 million at the Fort Myers Community Redevelopment Agency (CRA) Board of Commissioners meeting on May 22. Holiday Inn will be built on the three original city land parcels located on the northeast corner of Royal Palm Avenue and Second Street. The hotel will add approximately 152 construction jobs and 59 full-time jobs to residents of the area once it is completed. The Holiday Inn is being developed by HIDEV Group LLC, a division of Land Developers Associates (LDA). Construction completion is expected in April 2020, with an estimated project completion date of 2021.

Thursday, May 23

LEE HEALTH HOSPITALS TOP-RANKED FOR SAFETY

Lee Health and, for the first time, all four of its adult acute care hospitals have earned the highest national marks for safe care. Cape Coral Hospital, Gulf Coast Medical Center, Healthpark Medical Center and Lee Memorial Hospital each received “A” grades in The Leapfrog Group’s Spring 2019 Hospital Safety Grades, the highest possible raking. Since 2000, The Leapfrog Group has promoted improved health care safety, quality and affordability in the U.S. through a commitment to transparency. The nonprofit organization releases its hospital safety grades twice a year, rating hospitals on 27 measures of safety data. Only 32 percent of the approximately 2,500 acute care hospitals Leapfrog graded received an “A.” To earn a top grade, hospitals must receive a raw score of at least 3.151. For more information, visit http://www.hospitalsafetygrade.org/.

Timothy Cartwright

 

Wednesday, May 22

CATALYST ORTHOSCIENCE WINS BIGGEST VENTURE DEAL IN NAPLES HISTORY

Catalyst OrthoScience Inc. recently raised $12.7 million in venture capital financing, validating the decision by early investors including Tamiami Angel Funds to back the Naples-based medical device company three years ago. The investment, led by River Cities Capital Funds for Catalyst, was the largest venture capital sum raised for any company headquartered in Naples, according to Timothy Cartwright, chairman of Tamiami Angel Funds. Tamiami Angel Fund II was the lead investor in Catalyst’s first round of venture-capital financing in 2016 with an initial investment of $930,000. In total, investors with Tamiami Angel Funds have invested $1.4 million in Catalyst. Founded by Dr. Steven Goldberg, Catalyst OrthoScience develops and markets surgical implants that make orthopedic surgery less invasive and more efficient for both surgeons and patients.

Betty Lucas

Tuesday, May 21

LEE, HENDRY HABITAT NAMES INTERIM CEO

Habitat for Humanity of Lee and Hendry Counties has named Becky Lucas as interim CEO following the recent announcement that former president and CEO Katherine “Kitty” Green has accepted the position of vice president for advancement at Florida Gulf Coast University. Lucas has served Habitat for Humanity in various roles over a span of 19 years including volunteer, director of construction, executive director and her most recent role as vice president of community outreach. Lucas previously served as as associate director of philanthropy for The Nature Conservancy and as a director of the Children’s Hunger Alliance in Columbus.

Katherine “Kitty” Green

Monday, May 20

FGCU NAMES VP FOR ADVANCEMENT

Florida Gulf Coast University (FGCU) President Mike Martin has named Katherine “Kitty” Green as the vice president for advancement and executive director of the FGCU Foundation. Green has served as president and CEO of Habitat for Humanity of Lee and Hendry Counties since 2010. She begins her new role at FGCU on June 24. In her new position at FGCU, Green will oversee a team of fundraising professionals who concluded a successful $125 million capital campaign in 2017. She will also lead the marketing and communications, advancement services, alumni relations and special events departments as well as WGCU Public Media. For more information, visit https://fgcu.edu/advancement.
 
Don’t wait until the end of the week to find out what’s happening in Southwest Florida. Sign up for our free daily newsletter, Gulfshore Business Daily, to stay connected.

GET SOUTHWEST FLORIDA'S BEST VIEW OF BUSINESS STRAIGHT TO YOUR INBOX.

You May Also Like

Post-high school education on the rise

Little by little, Southwest Florida’s workforce is getting more skilled. The FutureMakers Coalition is an initiative by local leaders to raise the overall education level...

The Economy, the Pandemic and FGCU

The last 18 months have been an economic roller coaster for Southwest Florida. One would be hard-pressed to find any economist or soothsayer who predicted...