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Business News in St. Petersburg, FL

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Local entrepreneur launches app to cut restaurant costs

A St. Petersburg-based entrepreneur, Michael Otis, has launched FareFood, an innovative app designed to help restaurant owners manage and reduce food costs amid rising inflation. The platform has already demonstrated significant savings, with local restaurants reportedly cutting their food spending by nearly 30%. This initiative not only alleviates financial pressures but also streamlines the ordering process for restaurant managers.

Final plans revealed for St. Pete apartment tower

The final plans for a 23-story apartment tower in St. Petersburg have been unveiled by Miami-based developers LD&D and Black Salmon, in partnership with IGEQ. This $115 million project will be located across from Tropicana Field and promises to significantly impact the local housing market.

Tradewinds reopens one of two storm-damaged hotels

Tradewinds Resort has reopened the RumFish Beach hotel, one of two locations damaged by Hurricanes Helene and Milton. This milestone is significant for St. Pete Beach as the community continues to recover from the storms, with plans for the Island Grand hotel to welcome guests by year-end.

Local entrepreneur launches app to cut restaurant costs

A St. Petersburg entrepreneur has launched FareFood, an app designed to help restaurant owners manage rising food costs effectively. The platform has reportedly enabled local restaurants to save nearly 30% on food spending while also optimizing labor costs by facilitating price comparisons and orders from various suppliers.

Corporate Fitness Works Acquired by HealthFitness

HealthFitness, a subsidiary of Trustmark Benefits, has acquired St. Petersburg-based Corporate Fitness Works (CFW), marking a significant consolidation in the corporate wellness sector. The acquisition combines the strengths of both companies to enhance fitness, wellness, and injury prevention programs for their clients. CFW's CEO, Michael Vivio, emphasizes the positive impact this merger will have on their operations and service offerings.

Tradewinds reopens one of two storm-damaged hotels

Tradewinds Resort has reopened the RumFish Beach hotel, marking a crucial step in the recovery of St. Pete Beach following the devastation caused by Hurricanes Helene and Milton. Resort officials anticipate that the Island Grand hotel will also welcome guests by the end of the year, with plans to announce new dates for postponed events soon.

Largo woman wins $4 million lotto prize

A Largo resident, Megan Chora, has won a $4 million prize from the Florida Lottery with a Mega Million ticket purchased at a local Publix. The store will also receive a $5,000 bonus for selling the winning ticket, underscoring the community's connection to this significant win. This event highlights the excitement and impact of lottery wins in the area.

Largo woman wins $4 million lotto prize

A Largo resident, Megan Chora, has won a stunning $4 million from a Mega Millions lottery ticket purchased at a local Publix store. The Florida Lottery confirmed the win, and the store will receive a $5,000 bonus for selling the winning ticket. This significant local event highlights the impact of the lottery on community residents.

Places This Week: Pass-a-Grille beachfront home sells for $8M

A luxurious beachfront home in Pass-a-Grille, St. Pete Beach, has been sold for $8 million, marking a notable transaction in local real estate. The property features five bedrooms and five and a half bathrooms, and while sold below the asking price, it highlights the ongoing demand for premium homes in the area.

St. Pete’s Waldorf Astoria project clears first hurdle

Plans for a 49-story Waldorf-Astoria-branded mixed-use condominium tower in downtown St. Petersburg have gained approval from city council members, marking a significant step forward in the $225 million project. This development is set to establish the tower as the tallest building in the city, enhancing the local skyline and offering luxury living options.