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SaundersBEST FALL 2013 - Michael Saunders & Company Custom Publication

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See Page 24 for more information on this exclusive Michael Saunders & Company listing. IN THE NEWS "2013 is shaping up to be a year for Florida to transition back into higher growth," said economist Sean Snaith, director of UCF's Institute for Economic Competitiveness. "As 2013 gives way to 2014, Florida's economy will begin to grow more rapidly, labor markets will improve, and housing prices will benefit from the improving fundamentals. Economic and demographic growth will provide a solid foundation upon which a housing sector can once again grow in a healthier manner. Once these key drivers are back in place for Florida, the state's economic outlook will be rosy once again." Congratulations to the Greater Sarasota Chamber of Commerce, for the home run they hit with the Baltimore Orioles. In a generous investment sure to help Sarasota continue to thrive and prosper, the Baltimore Orioles organization has pledged $150,000 to Sarasota Tomorrow Next, The Greater Sarasota Chamber of Commerce's regional economic and community development initiative. David Rovine, Vice President of Orioles-Sarasota, said, "Since relocating our year-round Florida operation to Sarasota in 2010, we have expanded our efforts to improve this region's economy, create jobs, and help families." Millionaires in Florida are a hardworking bunch. More than two thirds earned their wealth mostly on their own, according to a study released by BMO Private Bank. A survey of Floridians with assets to invest of $1 million or more found that 68 percent are self-made; only 1 percent attribute their wealth to receiving an inheritance. "The Mall at University Town Center solidifies the University area as the premier shopping destination in Southwest Florida," said Randy Benderson, president of Benderson Development Company. "The shopping center, in conjunction with the Nathan Benderson Rowing Facility, will be a world-class destination and a tremendous community benefit for generations to come." The $315 million mall is a partnership between developers Taubman Centers and University Park-based Benderson Development Co., and is pegged for an Oct. 16, 2014, opening. Initial anchors include Saks Fifth Avenue, Dillard's and Macy's with a fourth to be named soon. As many as 100-plus specialty shops and restaurants will also call the new two-story mall home, over 50 percent of which will be new to the area. Rowers and other athletes, restaurateurs and hoteliers celebrate the announcement that the Sarasota Nathan Benderson Park has been choosen to stage the 2017 World Rowing Championship. The venue under construction at Benderson Park, located at Interstate 75 and University Parkway, will be the only Class A tournament-sanctioned rowing course in North America. The event's economic impact has been estimated to be between $25 million and $100 million. michaelsaunders.com | 17

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