May 16, 2024

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

Florida Business News

Florida News Releases

Florida Trend Video Pick

Iconic Sarasota 'Hob Nob' restaurant closes after 67 years
Iconic Sarasota 'Hob Nob' restaurant closes after 67 years

Opening first in 1957, Hob Nob's has been a popular spot for signature burgers in the Sarasota area.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.