While the amount of new industrial space in Lakeland has declined from its 2017 peak, leasing activity is steady and there are signs of pent-up demand, according to a Business Observer summary of a report from CoStar, a real estate analytics firm. The CoStar report, available only to subscribers, has this sub-headline: Conn’s HomePlus Distribution Center announcement is the latest success in robust construction pipeline | Conn’s announcement last month
Jian Zhang, 31, learned discipline and customer service from his parents when he worked at their China 1 restaurant in Highland Plaza while attending Lakeland High School. In recent years, he has opened several businesses in the plaza, including Jade Fox, a full bar/dance club celebrating its first anniversary in December.
Fitness studio The Balance Culture is planning to expand this spring from Dixieland Village to a larger home downtown. The new location: a ground-floor space at the Heritage Plaza South office building under construction on Orange Street between Tennessee and Kentucky avenues. The major tenant in the building, which adjoins a large parking garage also under construction, will be Farm Credit of Central Florida
The GreenWise Market opening on South Florida Avenue in mid-December will showcase its Lakeland locale through a handful of home-grown vendors and a mural depicting local landmarks. More
Lakeland-Winter Haven led the nation’s metro areas in the number of bank branch closures, with a 20.6 percent decline between 2008 and 2018, DepositAccounts.com reports. Because of population growth, our per capita loss was also the highest, at 40.2 percent. The article talks about overall reasons that branches are declining (mergers, technology, etc.), but doesn’t dive into specific reasons for Polk closures.
Galaxy Bar Lakeland, opening soon in north Lakeland, aims to maintain a nostalgic dive-bar aesthetic as the former Johnny G’s on U.S. 98 North transforms into an arcade bar. With popular vintage games from the 1980s and ’90s, like Donkey Kong, Tetris and the original Ninja Turtles, “It’s going to feel like you’re in a friend’s basement playing video games,” owner Megan Lewman said. More
Should the city of Lakeland approve plans for a single-user office building on a prime parcel overlooking Lake Mirror — or should it take a long-term view and hold out for a potential multi-use project more in keeping with the vision of downtown planners?
That was the question posed by Lakeland Downtown Development Authority board member Greg Sanoba this morning before the board voted 4-1 to approve the design concept for an eight-story office building/parking garage planned by Summit Consulting. More
Lakeland is represented by at least a dozen business leaders in Florida Trend’s new Florida 500 list of business executives whom the magazine’s editors deem “most influential.” Organizations represented include AgAmerica Lending, Florida Polytechnic University, Lakeland Regional Health, Publix Super Markets, Saunders Real Estate, The Ruthvens and Watson Clinic. More