July 22, 2014

CEO Sounding Board

Florida CEOs answer: What's your outlook for 2012?

Mike Vogel | 1/4/2012

DEVELOPMENT
Roger O'Steen
Chairman - PARC Group - Jacksonville

"We expect a 75% increase in revenue. We're seeing improved market conditions for new homes. We develop land and lots, and we sell those lots to builders so we won't hire many new staff. Our communities are located in very desirable A-plus locations. Statewide, really all over the country, you're seeing the supply of lots in the A locations has been greatly diminished. People realize they can get new homes for the same price as they can get an existing home after the cost of repairing and remodeling. The existing homes have problems. They've been sitting empty for long periods of time."

Roger O'Steen
[Photo: Ryan Ketterman]

Tags: Trendsetters

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Greenlight Pinellas: Connecting Tampa Bay
Greenlight Pinellas: Connecting Tampa Bay

Chris Steinocher, President & CEO, St. Petersburg Area Chamber of Commerce, explains the benefits of a proposed public mass transit system with plans to unite the Tampa Bay Area.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Do you agree with the Florida jury who just awarded $23 billion to the wife of a (deceased) smoker in her suit against RJ Reynolds?

  • Yes, justice has been served
  • No, that is too much

See Results

Ballot Box
Subscribe