Lawyers on the Move: Kaitlyn Bagnato Statile

Kaitlyn Bagnato Statile

Nov. 5, 2014

New hire

Employer: Shumaker Loop & Kendrick LLP

Position: Staff attorney

Summary: Statile has joined the Tampa office as a staff attorney in the litigation department. She practices primarily in the area of community associations. …read more

Tampa developer surprised by success of Citrus Park apartments

Richard S. Giunta saw a lot of potential in a site off Waters Avenue in the Citrus Park area — with its proximity to major employers and retail, he thought it would be perfect for apartments.

But the demand for the property came as a surprise even to the principal of Giunta Group Ltd. The 72-unit Citrus Run apartment complex was 80 percent preleased in early March — three weeks before its Thursday grand opening. One-bedroom units start at $950 for 937 square feet; two-bedroom units start at… …read more

Why Bob Buckhorn uses dogs as a barometer of revitalization success in downtown Tampa

Downtown Tampa hasn’t quite reached the point where retailers and restaurants are clamoring to be there — the sign in urban revitalization that a neighborhood has officially arrived. With just shy of 7,000 residents between the urban core, Channel district and Harbour Island, there’s not yet enough of a population to attract businesses who rely on foot traffic from the surrounding neighborhood.

So for now, Mayor Bob Buckhorn has another metric for measuring the success of revitalization efforts.

“My… …read more

Tampa’s lack of downtown living options could hurt your business

A string of abandoned storefronts on downtown Tampa’s North Franklin Street will give way this summer to a glitzy 23-story apartment tower, bringing potentially hundreds of residents to this largely unfrequented corner of the urban core.

At 360 apartments, the tower that Atlanta-based developer Carter is pursuing represents a fraction of the residential units in the works for downtown Tampa. And while Tampa seems headed for an urban construction boom, it’s still playing catch up to competitor… …read more

From struggling mall to waterfront destination

There’s a palpable change at Channelside Bay Plaza since Tampa Bay Lightning took over, the general manager of the Hooters restaurant there said.

“The vibe is coming back down there,” said Rob Fisher. “The important thing is the vibe is not only there on game days, but on off days when there isn’t anything going on at the arena.”

Fisher declined to share any numbers or percentages but said Hooters has “absolutely seen an increase in business and traffic” since Lightning Owner Jeff… …read more

Even if you’ve owned a home for years, you should care about Tampa Bay’s apartment boom

A new study shows just how much Tampa Bay’s apartment boom has meant to the region’s economy — and the total impact goes beyond construction dollars and tax revenue.

In 2013, the most recent data available, apartment construction, operations and resident spending contributed $7.2 billion locally and supported more than 73,900 jobs in the Bay region, according to a study the National Multifamily Housing Council commissioned. The data is based on research by economist Stephen S. Fuller of George… …read more

One of her best business investments? A domain name bought for $75 that could now be worth $75K

Two decades ago, the domain name t cost Janet Miller $75.

Now that auspicious purchase could net her up to $75,000.

Selling her domain name is just one of the many steps Miller has to take now that she is closing her Baltimore-based recruitment firm, Computer Management Inc., after 30 years of connecting IT companies with new hires.

Business was drying up, Miller told the Baltimore Business Journal(a Bizwomen sister publication), as tech companies began using LinkedIn and other… …read more

Distance between jobs and homes growing in most metro areas

Jobs are getting farther away from where people live, according to a new analysis of demographic and employment data by the Brookings Institution.

The number of jobs within the typical commute distance for residents of the nation’s 96 largest metro areas fell by 7 percent between 2000 and 2012, Brookings found. That’s not true for all metro areas — in 29 metro areas, including Raleigh, N.C., and Florida’s Space Coast, there were more jobs in 2012 within the typical commute distance.

Thirty… …read more

New homes sell at highest pace in seven years

When the groundhog came out of his hole this year, he must have decided to buy a new home — sales of new single-family houses jumped to their highest level in seven years in February

New home sales hit a seasonally adjusted annual rate of 539,000 in February, according to the Census Bureau. That’s up from 500,000 in January, and is nearly 25 percent higher than February 2014’s rate.

The median sales price for new houses was $275,500 this February; the average sales price was $341,000. …read more

5 things to start the day: Kforce CEO’s compensation triples, and what would your walk-up music be at work?

The total pay package for David Dunkel, chairman and CEO of Kforce Inc., nearly tripled in 2014, compared to the prior year, a proxy filed by Kforce(NASDAQ: KFRC) showed. Dunkel pulled in $6.8 million in total compensation last year, a 196 percent increase over $2.3 million in 2013. A big part of the increase came from $2 million in non-equity incentive plan compensation, or a bonus pegged to performance thresholds for revenue, earnings and individual accomplishments. He also received a separate… …read more