Real Estate

► The Sarasota City Commission approved a partnership agreement with the Van Wezel Foundation for the planning, financing, design and construction of the new Sarasota Performing Arts Center to be located in Bay Park. (Pictured above)  ► Sarasota Orchestra has agreed to buy a 32-acre, undeveloped site on Fruitville Road, between Cattlemen Road and Honore

► TeBella Tea Co. opened in the Edge District of downtown St. Petersburg at 1445 Central Ave. (Pictured above) ► Stoneweg U.S., a St. Petersburg-based real estate investment firm specializing in multifamily acquisitions and developments, promoted Pamela Williams to director of asset management. ► PostcardMania, a Clearwater-based, business-focused marketing company, named Jackie Payson Wirsing as

Described as “urban living with an edge,” VELA, at 424 8th Street S., St. Petersburg, is expected to be complete by summer of 2023. Pricing of residences is from upper $500,000’s to mid $700,000’s and the project is the only new construction product that offers gas appliances as a standard. VELA will have eight stories

► The Polk Museum of Art at Florida Southern College announced a $6 million, 10,000-square-foot expansion that will triple the gallery space and add classrooms and art labs. ► Denise Bohde was named president of the Bartow Economic Development Council. ► The Aerospace Center for Excellence and Sun ‘n Fun Aerospace Expo board of directors

► Rosewood Residences Lido Key, Rosewood Hotels and Resorts’ first exclusively residential offering, released a rendering that reveals its exterior design. (Rendering above) ► Sixwatch, a cybersecurity and IT services firm, acquired Sarasota Support, a boutique technology support organization. ► Willis Smith Construction in Sarasota promoted F. John LaCivita from executive vice president to president

List price: $3.2 million Address: 7520 213th St. E., Bradenton Specs: 7 bedrooms | 6 bathrooms | 6,541 square feet Details: This secluded, 12.67-acre property is in the Foxwood subdivision of Panther Ridge, an upscale equestrian community offering membership to the exclusive Concessions Golf and Country Club. The estate consists of a 4,500-square-foot main home,

► Buddy Brew Coffee won a distribution agreement with Jacksonville-based Southeastern Grocers, the parent company of Winn-Dixie, Fresco y Mas and others, which will carry Bolt, Buddy Brew’s organic, ready-to-drink, canned, cold brew coffee in original and nitro at 110 Winn-Dixie locations in Alabama, Florida, Georgia, Louisiana and Mississippi. ► ServisFirst Bank, a subsidiary of

►Forward Hospitality Group, based in Cleveland, is planning to open John Boy, a 1970s-themed nightclub at 16 Second St. N., St. Petersburg, in the space that Ringside Cafe previously occupied. (Pictured above) ► Stoneweg U.S., a St Petersburg-based real estate investment firm, named Pam Linden as its new executive vice president and chief legal officer.

Verdex Construction was awarded two major, multifamily projects in Sarasota by developer Eastwind Development—the Crossings at Palm Aire Apartments and Lakewood Ranch Senior, both designed by Forum Architecture and Interior Design and are slated to begin construction this year. These will be Verdex’s fourth and fifth projects for Eastwind Development and will be managed from

► Gov. Ron DeSantis awarded a $10.4 million grant to the city of Sarasota and the Bay Park Conservancy to be used by the conservancy for infrastructure and coastal resiliency projects, including improving the shoreline at the Bay Park to protect the area from erosion and damage caused by flooding. ► Avelo Airlines began nonstop

► Current Rocky Point, a special-purpose entity affiliated with Tampa-based Caspers Co., has purchased The Current hotel, an Autograph Collection property by Marriott, at 2545 N. Rocky Point Dr., Tampa, for $85 million. ► Fast co-founder and chief executive officer Domm Holland, joined the Tampa Bay Economic Development Council as an executive committee member and

► Sweetgreen, a Los Angeles-based fast-casual restaurant, signed a lease, at 1114 Central Ave., in St. Petersburg’s Edge District. ► St. Petersburg Mayor Ken Welch appointed several members to run his team including Stephanie Owens as deputy mayor and chief of policy, Janelle Irwin Taylor as communications director, Tom Greene as interim city administrator and