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Little Harbor's down-sized plans to convert condos and homes into hotel rooms and daily rentals continued to draw heavy fire from nearby residents at a second zoning hearing Tuesday night. ...more
May 3, 2008
TAMPA -- Saxon Mortgage is laying off 140 workers in the Tampa Bay area, according to documents the company filed today under the state's Worker Adjustment and Retraining Notification Act. ...more
February 25, 2008
Shares of Progress Energy fell Thursday after the Raleigh, N.C.-based energy company reported a 38 percent drop in fourth-quarter earnings. ...more
February 15, 2008
A zoning hearing officer is recommending denial of Little Harbor's request to convert 450 residential units at its Bahia Beach resort into hotel units. ...more
February 13, 2008
Bankrupt developer TOUSA has won court approval for a restructuring plan that allows the company to keep paying its employees, selling houses and honoring home warranties. ...more
February 9, 2008
RUSKIN - A zoning hearing master is recommending denial of Little Harbor's request to convert 450 residential units at its Bahia Beach resort into hotel units. The proposal, which drew heavy opposition from residents at a public hearing last month, now goes to the Hillsborough County Commission for a final hearing and vote Feb. 26. ...more
February 7, 2008
Bankrupt developer TOUSA has won court approval for a restructuring plan that allows the company to keep paying its employees, selling houses and honoring home warranties. TOUSA, the parent company of Engle Homes, filed for Chapter 11 bankruptcy protection Jan. 29. It reported assets of $2.28 billion and debts of about $1.77 billion. The new agreement allows the company to borrow $135 million from Citigroup Global Markets Inc. to pay normal operating expenses. The terms of the agreement allow TOUSA and its subsidiaries to continue building homes, pay off liens and sell the houses free and clear. Home warranties also will be honored. TOUSA subsidiary Engle Homes is the primary developer of Live Oak Preserve, The Hammocks and Tampa Bay Golf & Country Club. ...more
February 7, 2008
The head of the nation's 18th largest bank told a local audience last week that he balances religion with business. ...more
February 6, 2008
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