TAMPA - In this week's Tampa Bay Business Journal segment, editor Alexis Muellner explains the long-term ramifications the failure to build the Lens Pier project could have on economic development in St. Petersburg, the concept behind kids teaching adults technology, and the expansion problem facing Carmel Café.
People in St. Petersburg will head to the polls on Tuesday to decide the future of the proposed Lens Pier project. Voters are being asked whether the City Council should cancel its contract with Michael Maltzan Architecture.
Business leaders are worried what the long-term ramifications canceling the project could have for the city.
"If communities don't move forward, they move backward," said said Mindy Grossman, CEO of HSN, one of St. Petersburg's largest employers. "I think it's one thing to hold on to a past, it's another thing to hold on to something that's not worth holding on to and that's my opinion."
GadgitKids uses an unconventional way to teach Tampa Bay professionals -- kids.
Amanda Cole's company is using technological-savvy kids to help businessmen and women to become more acquainted with technology. The ultimate mission of her company is to unite the generations and teach respect.
Carmel Café & Wine Bar wants to expand to downtown St. Petersburg but its owners are having trouble finding the right location.
"We would love to have a location in St. Pete, but we haven't found one that has the right parking and is economically [feasible]," says Carmel Café president Terry Ryan.
Eric Odum, president of ROI Commercial Property Brokerage, says it can be difficult to find appropriate space for a restaurant in developed areas and businesses must be prepared to rework existing locations.
For more information on these stories, click on the video player on the left, go to www.youtube.com/watch?v=Mbh08yRDpTg or pick up this week's Tampa Bay Business Journal available on newsstands.
Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Top Money Headlines
The Epicurean Hotel in South Tampa opens in less than two weeks. But just three years ago the planned foodie destination was on life support.