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Call us 877-451-9251Water Damage Restoration in Clearwater, FL
Owning a home or business is one of the hallmarks of living the American Dream. While there are many fulfilling and positive aspects of owning property, one of the challenges that owners face is property damage. This type of damage can be caused by a range of disasters, both man-made and natural. Of all the types of property damage, water damage is among the most common.
Whether from broken pipes or heavy thunderstorms, it doesn't take a professor from SPC Clearwater Campus in Clearwater to know that water damage can be incredibly harmful to your home. Water can spread quickly throughout your property, causing damage to furniture and porous materials as it moves. In the blink of an eye, you could be looking at substantial rotting, warping, and even mold growth. That's why water damage restoration in Clearwater, FL is so important - to mitigate the damage to your home and help prevent it from happening in the future.
Trying to overcome flooding and other water-related disasters on your own can seem like a lost cause. But with Disaster Response by your side, you don't have to lose hope. As a local water damage clean-up company, we provide comprehensive restoration services to properties of all sizes in Clearwater. From the first time we assess your water damage to the time we mitigate and restore, we're here for you.
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Dealing with property damage can be overwhelming. You're likely concerned about a few key things:
Navigating the insurance claim process
We guide you through every step, ensuring you understand the process and get the most out of your claim.
Scheduling for a quick and quality completion
We provide a clear timeline for restoration, prioritizing both speed and quality, so you can get back to normal as soon as possible.
You might also be thinking about:
Ensuring the safety and health of your family or employees during the restoration: Our team takes all necessary precautions to protect the safety and health of everyone involved, using the latest techniques and equipment.
Understanding the full scope of the damage and what needs to be done:We conduct a thorough assessment of the damage and provide a detailed plan of action, so you know exactly what to expect.
Knowing the costs upfront and avoiding unexpected expenses: We provide transparent pricing and a detailed estimate before any work begins, so there are no surprises along the way.
Preventing future issues, such as mold growth or structural problems: We don't just fix the visible damage—we address the root causes to prevent future issues, giving you peace of mind.
Protecting your belongings and valuables from further damage: We take extra care to safeguard your possessions during the restoration process, minimizing any further impact.
Minimizing disruption to your daily life or business operations: We work efficiently and flexibly to reduce the disruption to your routine, allowing you to continue with your life or business as smoothly as possible.
Finding a trustworthy team to handle your property with care: Our experienced and highly-trained professionals treat your property as if it were their own, ensuring the highest standard of care.
Ensuring the job is done right the first time: We pride ourselves on doing the job right the first time, using industry-leading techniques and thorough quality checks to ensure lasting results.
Receiving clear communication and updates throughout the restoration process: We keep you informed every step of the way, providing regular updates and clear communication, so you're never left in the dark.
Ensuring the safety and health of your family or employees during the restoration: Our team takes all necessary precautions to protect the safety and health of everyone involved, using the latest techniques and equipment.
At Disaster Response, It's All About You
Like City of Clearwater Centennial Monument in Clearwater, Disaster Response has been a pillar of the community for years. As a second-generation disaster response company, we know that our work is never about us. At its most basic, it's always about you—your situation, your needs, and your satisfaction. We engineer our processes to help you quickly recover from water floods and disasters. Our total focus is on you, our valued customer. And that, in a nutshell, is what makes Disaster Response one of the most trusted and highly-rated water restoration companies in Clearwater.
Instead of focusing on profit, bottom lines, and yearly projections, we make you our priority. That's why we're serious about providing expert-level disaster preparedness and response services when you need them the most. Could you imagine trying to decipher misleading fine print or dealing with a pushy salesperson when you're just trying to get your life back together? That's not the Disaster Response way, and it never will be.
We don't just clean up after water leaks, floods, or other disasters; we go above and beyond by providing a consultative approach that serves you for years to come. We assist you in dealing with insurance adjusters to ensure you get the coverage you deserve without unnecessary delays. We make it a point to meticulously review every detail of your claim and work hard to make sure adjusters understand the full extent of your losses. We can also provide guidance on how and when to engage a public adjuster to bypass inefficiencies in the insurance process. At the end of the day, we strive to provide peace of mind during your difficult time and work tirelessly to get your property back to its pre-loss condition.
The Disaster Response Difference
Professional Technicians, Technology, and Processes
In fact, we'll dispatch a team of water disaster technicians to you within three minutes. We'll also advise you on what can be done to minimize the water damage in your home or business. Our water damage restoration team will use cutting-edge technology and IICRC-approved methods to restore as much of your property as possible.
Insurance Advocacy
Disaster Response works one-on-one with you and your insurance provider to expedite the claims process and get your home back to normal as soon as possible.
Satisfaction Guaranteed
We're proud of our work and stand behind every project we complete. Our goal is to exceed expectations and provide peace of mind throughout every step of your water damage restoration process. If you're not satisfied for any reason, we'll listen to your concerns and work tirelessly to rectify any issues that need addressing.
Your Guide to Water Damage Restoration in Clearwater, FL
Water damage restoration is a key step in remediating damage to your home, both structurally and aesthetically. Damage from water doesn't just affect the walls, floors, and ceilings in your home. It can also cause deeper issues that, when untreated, can weaken your foundation significantly and lead to long-term instability.
As if that weren't enough, water damage can present health hazards to your friends, family, and pets. Mold and bacteria can grow in damp areas after water incidents, causing allergies, respiratory problems, and even visits to Grand Villa of Clearwater in Clearwater for examination. Ignoring water damage can also result in irreversible harm to your belongings, including furniture, electronics, and sentimental items, leading to financial loss and emotional distress. Professional water clean-up services can repair the damage to your property, help protect valuable assets, and re-establish your home or business as a safe, healthy environment for occupants.
What Makes Our Water Damage Company in Clearwater, FL, Different from Others?
One of the most common questions we get at Disaster Response is, "What separates you from other water damage clean-up companies in Clearwater?" The first and easiest answer to that question centers around our commitment to customer service. We hold our clients in high regard because, without them, there would be no Disaster Response. As such, we work tirelessly to provide them with quality work from friendly and helpful technicians, regardless of the size of their home or business.
But that's just the start. Our clients recommend friends and family to our business because we prioritize the following:
Cost
Investing in damage restoration for your home is a smart move that can help reduce long-term costs. The best part? Our services are covered by insurance companies, so there's less worry about paying out of pocket.
Technicians
Every member of our team has years of experience, specialized training, and certifications in handling water damage. We prioritize our customers' well-being and meticulously attend to every detail to prevent any potential mold-related issues in the future. From single-family homes to
Time
Water disasters happen quicker than you might think. One moment, you're enjoying family time at Moccasin Lake Nature Park in Clearwater. The next, you're pulling in your driveway to a flooded home. When you call our office, we'll get to work assessing the cause of your water damage and how extensive the water damage is in your home or business. From there, we'll dispatch a team of IICRC water damage restoration experts to your location.
Tools
Disaster Response has made significant investments in cutting-edge water damage equipment, including inspection tools that enable thorough water removal. Our technicians have undergone extensive training to operate these machines and know when and when not to use them.
Process
For over 40 years, we have been helping with water damage issues, refining our process along the way. We can quickly find hidden damages that others might miss and document everything for your insurance company.
Reliable Water Damage Restoration Network
We aren't afraid to ask for help if it means a safer, more enjoyable environment for your family or customers. In fact, we have access to a network of industry pros who are experts in a range of water damage services. To make your life a little easier, we also work with insurance professionals who assist with the claims process.
What Does Disaster Response Fix?
As an IICRC-certified water damage contractor in Clearwater, FL, our technicians can address several areas of your home or business that have been damaged by a water disaster.
- Floors: It's very important to take the necessary time and steps to effectively dry your floors to prevent any potential water damage and mold growth in the future.
- Walls: Depending on the amount of water that enters your business or home, the structural integrity of your property may be at stake. Our technicians will evaluate the situation, inspect your property, and replace materials damaged by water.
- Rugs: If your rugs get wet during flooding or from another water disaster, they may be salvageable. We'll work hard to save all the rugs in your property.
- Furniture: Your furniture is probably expensive and may hold a certain level of sentimental value. Instead of throwing it away or donating it to Clearwater Marine Aquarium in Clearwater, we can repair and restore it.
Disaster Response specializes in every kind of damage caused by rain, wind, or snowstorms. We handle water damage, mold, mildew, and more, and can be at your home or office within an hour of your call to assess the situation and put a water damage restoration plan into action.
What Tools Does Disaster Response Use for Water Damage Clean-Up?
We only use the best equipment! With our extensive experience in the Clearwater restoration industry, we've acquired state-of-the-art tools designed to tackle a wide range of challenges. This experience has also allowed our technicians to identify which type of equipment is best for a particular situation. Some of the most common water damage restoration tools we use include:
Infrared Cameras
Our infrared cameras give us the ability to see moisture in walls and ceilings that is not visible to the naked eye, almost like having "X-ray" vision. This capability allows us to detect and address trapped and hidden humidity, significantly reducing the risk of mold growth.
Moisture Meters
We use moisture meters to measure moisture levels in cellulose material. Before and after the drying process, we will conduct moisture readings in all areas of your property. If we detect moisture in an unaffected area of your building, we'll get to work quickly to dry it.
Air Movers
This equipment is designed to work in conjunction with our dehumidifiers. While our dehumidifiers extract moisture from the air and convert it to a liquid, our Air Mover helps to circulate this moisture in the air so that the dehumidifier can effectively remove it.
Ozone Generators
These advanced tools enable us to cleanse affected surfaces and the air in a more effective manner. Ozone Generators work by causing oxygen molecules to implode, making them a valuable deodorization tool.
Xtreme Xtractor
This tool is great for tackling tough moisture after water damage. It allows us to apply direct pressure to a surface, like a carpet, that has soaked up water. The pressure helps draw out the water, making it easier to remove.
Top 3 Types of Water Damage You Should Know About
Water damage can strike without warning and can wreak havoc on your property, leaving you feeling hopeless and overwhelmed. Whether it's from a burst pipe, a severe storm, or an overflowing appliance, your property needs immediate water damage clean-up in Clearwater, FL, to prevent further harm. Here are the top three types of water damage you should know about:
Clean Water Damage
This type of water damage happens from a "clean" source, such as rainwater or a broken pipe in your home. It's easier to clean up than others on this list but can still cause extensive property damage when ignored.
Gray Water Damage
Gray water damage stems from appliances such as toilets without feces, washing machines, and dishwashers. Gray water sometimes contains bacteria and contaminants that can make you or your family sick.
Black Water Damage
The name alone indicates the severity of this type of water damage. It's caused by backed-up sewer lines, river flooding, and standing water that supports bacteria growth. Black water presents serious health hazards and needs to be handled by professional water damage contractors.
If you suspect your home or business has been damaged by one or more of the types of water above, take the following steps:
- Be Safe: Turn off all electricity running through your property. Don't go near or touch any water you believe to be contaminated.
- Stop the Source of Water: If you're able, put a stop to the water at its source. That way, you can prevent more damage.
- Call Disaster Response: Contact our water damage company ASAP for water restoration services. Our team is available 24/7 to respond to emergencies.
Our Process for Water Damage Restoration in Clearwater, FL
Having a water damage restoration company by your side who knows how to remediate moisture is a key factor in getting your life back on track. At Disaster Response, we have refined our process over 40+ years of water damage clean-up experience. That way, we can provide customers with reliable, comprehensive service when they need it the most.
We utilize powerful pumps and vacuums to eliminate standing water from your property. Swift water removal is essential in minimizing damage and lowering the likelihood of mold growth. Our team is dedicated to ensuring efficient water extraction to prevent any additional complications.
After extracting water from your property, we dry and dehumidify the impacted areas. We use industrial-grade dehumidifiers and air movers to do so to eliminate moisture from walls, floors, and furniture. Proper drying helps prevent warping, swelling, and the growth of mold.
Whenever we deal with water damage, we have to address the potential contaminants and bacteria that can enter your home. We make sure to thoroughly clean and sanitize all affected areas to create a safe living environment. This involves cleaning carpets, upholstery, and personal belongings. Our technicians also use antimicrobial treatments to prevent mold and bacterial growth.
The final step in the process is the restoration of your home to its pre-damage condition. This comprehensive restoration process may encompass a range of tasks, from minor repairs such as replacing drywall and installing new carpeting to major reconstruction efforts. Rest assured that Disaster Response is fully equipped to manage all aspects of water damage restoration, from start to finish.
- Maintenance: Have your business or home's roof, appliances, and plumbing inspected by professionals to spot early signs of wear and tear.
- Water Alarms: If there is a flood or leak in your home, a water alarm can alert you so that you can take action immediately.
- Drainage: Your home needs proper drainage systems in place at all times. To prevent water buildup, be sure to unclog your downspouts and gutters.
- Cracks and Gaps: Be sure to seal up any cracks and gaps in your property's foundation to limit water from getting inside.
The Water Damage Company in Clearwater, FL, You Can Trust
When you want a great steak, you don't go to a fast-food joint and expect a filet. You go to a Blinkers Beachside Steakhouse and Lounge in Clearwater. When you need quality disaster response services from licensed professionals, you don't go to a fly-by-night shop. You contact Disaster Response.
As a local water damage clean-up business, we believe that providing clients with effective service that they can rely on in times of stress is of utmost importance. While some of our competitors prioritize profits over people, you can rest easy knowing we care about you - and that's something you can always count on when you choose our water damage company.
Whether a pipe has burst in your commercial space and your showroom is flooding, or your home has standing water from a Clearwater rainstorm, we're here for you 24/7. Contact our office to learn more about the Disaster Response difference or to schedule an inspection for your property today.
Contact Your Emergency Disaster Response Now!
Latest News in Clearwater, FL
Which Restaurants Are Open, Closed After Hurricanes Hit Tampa Bay?
St. Pete, FL Patchhttps://patch.com/florida/stpete/which-restaurants-are-open-closed-after-hurricanes-tampa-bay-area
Some Tampa Bay-area restaurants, including Caddy's, Capogna's, Frenchy's, Rod & Reel Pier, are closed because of recent hurricanes.Tiffany Razzano, Patch Staff|Updated Fri, Oct 25, 2024 at 6:03 pm ETTAMPA BAY, FL — After the one-two punch of back-to-back hurricanes, Helene and Milton, many Tampa Bay-region restaurants were affected by flooding, strong winds, heavy rains and power surges.The aftermat...
Some Tampa Bay-area restaurants, including Caddy's, Capogna's, Frenchy's, Rod & Reel Pier, are closed because of recent hurricanes.
Tiffany Razzano, Patch Staff
|Updated Fri, Oct 25, 2024 at 6:03 pm ET
TAMPA BAY, FL — After the one-two punch of back-to-back hurricanes, Helene and Milton, many Tampa Bay-region restaurants were affected by flooding, strong winds, heavy rains and power surges.
The aftermath has been difficult for many residents and business owners. While a number of bars and restaurants have reopened to the public, some remain closed because of extensive damage and others are indefinitely closed as restoration work continues.
Here are a few businesses that have closed their doors or are working to reopen:
Caddy’s Bradenton Riverwalk
Hurricane Milton caused major damage to this Caddy’s location along the Bradenton Riverwalk, including destroying the tiki hut at one of its two bars. It’s listed as permanently closed on the company’s website.
Find out what's happening in St. Petewith free, real-time updates from Patch.
The local chain’s other four locations in Treasure Island, Madeira Beach, John’s Pass and Indian Shores are listed as temporarily closed.
Capogna’s Dugout
This more than 50-year-old eatery announced its closure after Milton and Helene.
“After 52 years of serving our Clearwater community, we have made the difficult decision to close our doors,” the owners wrote in a Facebook post. “After two back-to-back hurricanes and a tough economy, we have taken a hit we cannot recover from.”
Cena
This downtown Tampa staple closed after more than a decade in business.
While the restaurant was closed on and off between Helene and Milton and saw a decline in sales after the nearby Davis Islands community flooded, the departure of chef and partner Michael Buttacavoli two weeks ago “was the straw that broke the camel’s back,” partner Ken Stoltenberg told the Tampa Bay Times.
Frenchy’s
Most locations of this popular northern Pinellas County beach chain remain temporarily closed for hurricane recovery. Currently, only the Frenchy’s Outpost Bar & Grill on Causeway Boulevard in Dunedin is serving food.
Lido Beach Pavilion
Lido Beach and its pavilion, which includes a concession stand, remains temporarily closed to the public after the back-to-back hurricanes.
Rod & Reel Pier
This Anna Maria icon known for its fresh seafood was completely destroyed during Hurricane Milton. All that physically remained of the location after the storm was “only a few piling and boards,” according to a social media post.
The Rod & Reel Pier’s future is in question after being completely leveled but Oliver Lemke, the German-based brewer and restaurateur who bought it last November, hopes to rebuild. He’s launched a GoFundMe fundraiser with a $300,000 goal for the rebuilding process.
“There’s no definite plan on how to proceed yet. Right now, we are gathering information trying to assess our situation. We will do everything within our means to rebuild the pier, but there are many issues to conquer,” he told the Anna Maria Island Sun.
Vela
This Italian restaurant, which opened three years ago in Tampa, announced its closure after Hurricane Milton.
“It is with heavy hearts that we announce the closing of Vela. Unfortunately, the combination of recent hurricane damage and other challenges has made it impossible for us to continue serving you at Westshore Marina,” the owners wrote in a Facebook post.
Do you know of a restaurant or bar that has reopened or permanently closed after hurricane damage? Email Tiffany.Razzano@Patch.com.
Holy Trinity Greek Orthodox Church hosts annual Greekfest
Rick Elmhorsthttps://baynews9.com/fl/tampa/news/2024/10/24/holy-trinity-greek-orthodox-church-hosts-annual-greekfest
CLEARWATER, Fla. — The annual Clearwater Greekfest is happening this weekend.The event is hosted by Holy Trinity Greek Orthodox Church, which is located on ...
CLEARWATER, Fla. — The annual Clearwater Greekfest is happening this weekend.
The event is hosted by Holy Trinity Greek Orthodox Church, which is located on Old Coachman Road. Admission and parking will be FREE!
The church is just finishing up the paintings that adorn its interior walls. Holy Trinity’s old church was destroyed by a fire in 2015, and it rebuilt a much bigger church that opened in 2019. Finishing the art has been a long process.
Father James Paris has been with the church through it all.
“It’s inspiring and inviting and embracing all at once,” he said of the paintings.
Nearly every square of the church’s interior is covered with paintings by Sacred art painters from Greece.
The interior dome of the church is a great example of the art.
“We are looking at Christ the ruler of all. The one who is," Paris said as he looked up at the dome. "The eternal Logos. Up in the heavens surrounded by the eternal beings."
Right behind the baptismal font is a painting of the baptism of Christ.
“He’s being baptized in the River Jordan by John the Baptist,” said Paris. “You see the Holy Spirit coming down in the form of a dove. And of course, the father’s voice echoing, 'This is my son, in whom I am well pleased.'”
In the choir loft there is a huge painting of the Virgin Mary that includes dolphins representing Clearwater.
“Her blessed veil is protecting all of us,” said Paris. “Our beloved city of Clearwater in Florida. And she’s holding an image of our church. She’s protecting our church.”
Use the video above to watch the report from Spectrum Bay News 9's Rick Elmhorst.
*According to the Clearwater Greek Festival Facebook page, all net proceeds will go to help local disaster relief after the recent hurricanes.
Clearwater GreekFest 2024 Schedule: (October 25th - October 27th)
Friday
Saturday
Sunday
FL Special Needs School Damaged In Hurricane 1 Year After Opening
Clearwater, FL Patchhttps://patch.com/florida/clearwater/fl-special-needs-school-damaged-hurricane-1-year-after-opening
LiFT Academy in Clearwater, which serves neurodivergent children and adults, sustained more than $2M in damage during Hurricane Milton.Tiffany Razzano, Patch StaffCLEARWATER, FL — A little more than a year after moving into its new facility in Clearwater, a special needs school sustained more than $2 million in damages during Hurricane Milton.And that’s “a rough estimate, a conservative estimate&rd...
LiFT Academy in Clearwater, which serves neurodivergent children and adults, sustained more than $2M in damage during Hurricane Milton.
Tiffany Razzano, Patch Staff
CLEARWATER, FL — A little more than a year after moving into its new facility in Clearwater, a special needs school sustained more than $2 million in damages during Hurricane Milton.
And that’s “a rough estimate, a conservative estimate” for how much it will cost to restore LiFT Academy, Matt Spence, executive director, told Patch. “We think it will probably be more than that.”
The school, which serves nearly 200 neurodivergent children and adults ages 5 to 57, saw significant water intrusion, which flooded the technology lab, five classrooms and a clinic, among other areas. The storm also destroyed LiFT’s sensory room and the gymnasium floor and roof.
About 70 percent of the school’s campus was affected by the storm, Spence added.
Staff and contractors quickly got to work replacing all drywall and most flooring while the school was closed for about 10 days after the storm hit. Some work will be completed over Thanksgiving break.
Find out what's happening in Clearwaterwith free, real-time updates from Patch.
“The big loss is our gym … it will take six months or so to have that replaced,” Spence said. “It’s a space we used for a bunch of different things, including the lunchroom, so we're scrambling around to make do.”
Despite the damages, the school welcomed students back on Monday.
“There was great excitement to be back and see their friends again. Our students are really resilient. They've had a lot of things happen around them,” he said, adding that the school offers “consistency, routine and comfort” to them.
That’s why it was so important to reopen as quickly as possible, Spence said. “When we looked at the facility the week before, it looked like a pretty big stretch, but we got it done.”
LiFT Academy was founded in Seminole in January 2013 with a mission of inspiring and empowering people with neurodiversity to learn, thrive and succeed. In addition to academics, it offers its students life skills, career training and opportunities to strengthen social schools.
The school moved into its new facility, located in the former Clearwater YMCA building at 1005 S. Highland Ave., last year.
“Fourteen months after we open our doors, we have to rebuild our doors,” Spence said.
The school is turning to the community for help to raise the funds needed for its restoration.
“We have a long way to go and insurance only covers so much,” he said. “We are a nonprofit. We operate on tuition and community support and we have a big hole in our budget that we did not plan for and we’re asking the community to help us rebuild.”
Donations can be made directly through the school’s website.
The school’s two major fall fundraisers, which were rescheduled, are another way to support LiFT. The Rise Awards will now take place on Dec. 3 and the LiFT Your Clubs golf tournament is set for Dec. 9.
The school will also organize a student t-shirt contest and the winning design will be printed and available for purchase. Proceeds from sales made by the adult training program’s LiFT Your Heart microbusinesses also benefit the school.
All-American Rejects, Something Corporate will headline Clearwater’s 97X Next Big Thing this winter
Josh Bradleyhttps://www.cltampa.com/music/all-american-rejects-something-corporate-will-headline-clearwaters-97x-next-big-thing-this-winter-18824063
Photo by Phil DeSimoneWith two hurricanes in a row in the last month, Tampa Bay has been left wondering if 97X’s annual Next Big Thing would even be happening this year. This morning, Tampa Bay’s darling alt-rock radio station announced the long-awaited lineup.The one-day festival (a return to its original form that was tried out at last year&rsquo...
Photo by Phil DeSimone
With two hurricanes in a row in the last month, Tampa Bay has been left wondering if 97X’s annual Next Big Thing would even be happening this year. This morning, Tampa Bay’s darling alt-rock radio station announced the long-awaited lineup.
The one-day festival (a return to its original form that was tried out at last year’s iteration) will see the All-American Rejects serve as headliners, along with Andrew McMahon’s newly reformed rock outfit Something Corporate, and Dayglow, an up-and-coming indie-pop project with singer-songwriter Sloan Struble at the helm. And as per usual, the winner of an annual, locals-only Battle Of The Bands at Tampa’s Seminole Hard Rock and Casino will kick the day off.
The last time Tyson Ritter and friends swung into town was an August 2023 stop at the ol’ Gary amphitheater for a shitshow of an opening night to the band’s Wet Hot All-American Summer tour, which also featured New Found Glory and The Get Up Kids. Luckily, knowing how well-organized and planned out Next Big Thing is year after year, there’s really next to no chance that the Rejects’ return will be any sort of cringefest.
See the full 97X Next Big Thing 2024 lineup below.
All American Rejects Something Corporate Dayglow Judah & The Lion Gigi Perez Jonah Kagen
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Home Depot in Clearwater sells for $23 million
Business Observerhttps://www.businessobserverfl.com/news/2024/oct/20/home-depot-clearwater-sells/
Naples/Fort Myers/Charlotte Dock of the bay: Hickcox Brothers Marine has taken a 7,700-square-foot industrial space in Cape Coral. The property is at 847-905 SE Ninth Terrace just off Cultural Park Boulevard. Terms of the lease agreement were not disclosed. R & R Engineering Properties is the landlord. CRE Consultants, which announced the deal, says family owned Hickcox will use the space for manufacturing and assembly of items related to docks, lifts and awnings. The company has been in business for 35 year, sp...
Naples/Fort Myers/Charlotte
Dock of the bay: Hickcox Brothers Marine has taken a 7,700-square-foot industrial space in Cape Coral. The property is at 847-905 SE Ninth Terrace just off Cultural Park Boulevard. Terms of the lease agreement were not disclosed. R & R Engineering Properties is the landlord. CRE Consultants, which announced the deal, says family owned Hickcox will use the space for manufacturing and assembly of items related to docks, lifts and awnings. The company has been in business for 35 year, specializing in building and repairing boat docks, custom canopies and boat lifts. CRE’s Stan Stouder and Phil Deems, of Phil Deems Realty, negotiated the deal.
Industrial happenings: A Broward County investor has bought an industrial building in Fort Myers. The property is at 6371 Arc Way between Plantation Road and Metro Parkway. The buyer, Cooper Crane Holdings, paid $800,000. LSI Cos., which represented the sellers, Estemed Properties, Tia Rosa Development and Parkway Printing, announced the sale. The firm says the 5,002-square-foot building was bought as an investment property. It is currently vacant. A LoopNet profile shows the one-story building sits on 0.82 acres and was built in 1990. Alex Henderson, Max Molloy and Sawyer Gregory of LSI represented the seller. Mary Veria of Veria & Associates Realty represented Cooper Crane.
Foundation funding: The Collier Community Foundation has lent a developer $1.3 million through its Collier Housing Impact Investment Fund. The money went to toward impact fees that allowed a Naples fixed-income apartment community for people 62 and older to open. The investment fund makes short-term, low-interest loans to nonprofit and for-profit developers building affordable housing units that are in need of gap funding. The fund says the revolving loans will “be reinvested into more community housing projects, creating a sustainable funding source.” McDowell Housing Partners is the developer of the160-unit community named Ekos Allegro at 8445 Rattlesnake Hammock Road. Along with many of the standard features available in apartment buildings, Ekos Allegro offers quarterly financial courses, an annual health fair, on-site screening services and a daily meal program. The first residents have begun to move in.
Tampa/St. Petersburg/Pasco/Polk
Borrow to build: The developers behind a new luxury condo complex in Tampa have nailed down $117 million in financing. Terms were not disclosed by JLL Capital Markets, which represented the developer the Westshore Group. The money is for the construction of the first phase of a project named Aqua at Westshore Yacht Club. The work will include the construction of 77 waterfront condominiums and nine villas. The development is being built on 6.1 acres off of South West Shore Boulevard near Gandy Boulevard and on Old Tampa Bay. When complete, the development will have 237 condominiums and 11 villas. JLL says the project will be built in three phases, each one featuring a 17-story condo tower with two-, three- and four-bedroom units.
Retail detail: The Bay Pines shopping center on U.S. Alternate 19 has been sold. The 9,110-square-foot strip mall was bought by an undisclosed publicly traded real estate investment trust for $4.65 million. The seller was developer Kitson & Partners. The shopping center sits on 1.01 acres across the street from the C. W. Bill Young Veterans Administration Medical Center. Plaza Advisors, which announced the deals, says the St. Petersburg center is an outparcel of a Walmart Supercenter. It was 85% occupied at the time of sale with a tenant roster that includes Starbucks, Supercuts and Jimmy John’s. The deal was the last piece of a three-property portfolio owned by Kitson & Partners. The other two, Texas Roadhouse and Village Inn restaurants next to the center, were sold to 1031 investors in separate deals in June. According to Pinellas County records, the Texas Roadhouse sold for $2.9 million to a Philadelphia investor and the Village Inn sold for $2.2 million to a St. Louis investor. Kitson is real estate developer best known for Babcock Ranch, the 18,000-acre solar-powered community on the border of Lee and Charlotte counties. Jeff Berkezchuk and Jim Michalak represented Kitson for the Tampa-based Plaza Advisors.
Helpful hardware: The Home Depot building on Gulf-to-Bay Boulevard in Clearwater has been sold. According to Pinellas property records an LLC with a New York address bought the 114,225-square-foot store for $23 million. The previous owner, also a New York company, paid $17.92 million for it in 2018. Property records show the store was built in 1995 and sits on 13.12 acres. Home Depot moved into the space in 2001, taking over from Builder’s Square, a K-Mart subsidiary that closed down in 1999. The Atlanta hardware chain made the move after closing a nearby store on U.S. 19 and Drew Street. As for the property’s new owner, the state’s Division of Corporations database shows the LLC, 258 Third Avenue, has its principal address in New York. That address matches a brokerage named Smart City Real Estate. Smart City did not respond to a question about whether it bought the property or why its address appears in Florida records. The Home Depot has about 30 stores along the Gulf Coast.
Sarasota/Manatee
Show me the money: The developer behind Madison Bradenton, a new apartment project to be built on a portion of the former Desoto Square Mall site in Manatee County, is getting $60 million in construction financing. Berkadia, the commercial real estate financial company, says the money is going to North Carolina-based Madison Capital Group and is part of a two-community financing package worth nearly $111 million. The other property is Madison Midtown in Melbourne which is getting $50.7 million. The two garden-style multifamily developments will each have 240 units and are set to be completed in 2026. The financing for the Bradenton property comes in the form of a $47 million senior loan provided by Peachtree Group and a $13 million mezzanine loan from Hickory CRE. (Madison Capital had previously announced a portion of the loan for the Bradenton property but not the entire amount nor that it was part of a larger package.) Madison Bradenton will have one-, two-, and three-bedroom units. Associate Director Alec Fox of Berkadia Tampa secured the financing for Madison Capital.
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