Tag Archives: Disney

This City Is Like the Disney for Retirees



Picture looking West out towards the Gulf of Mexico and Sarasota Bay.

By Jennifer LeClaire
Published: June 27, 2017

Beyond being known for its beaches, Sarasota is a community rich with live theater, concerts, ballet, opera, galleries and museums. According to a study that examined 182 regions in the country, Sarasota’s arts and cultural industry accounts for more than $180 million in spending, which is more than the entire state of Nebraska. As such, the arts industry has a huge impact on the area’s economy.

GlobeSt.com caught up with Jag Grewal, partner at Ian Black Real Estate in Sarasota, to discuss recent activity among the region’s top arts organizations, and what it means for its commercial real estate market in part one of this exclusive interview. Stay tuned for part two, in which Grewal will discuss the impact of expansion on the area’s commercial real estate.

GlobeSt.com: I understand Sarasota has a reputation as an arts community. Can you tell me a little about the strength of this sector in the market?

Grewal: Sarasota is a mecca for arts organizations. In fact, on the Tampa Bay Business Journal’s annual list of top cultural nonprofits based on 2015 revenues, five of the top fifteen were organizations in Sarasota. When compared with other Florida counties in the study, Sarasota County generates the highest amount of cultural spending per capita.

This spending supports 4,579 full-time equivalent jobs—the national median is 1,533—generates $134.4 million in household income to local residents, and delivers $20.1 million in local and state government revenue. This is big business in our area, and activity we’re seeing from the arts organizations that are expanding are helping to shape the commercial real estate market and the future of our city.

GlobeSt.com: Which organizations are you seeing have the biggest influence right now?

Grewal: Several prominent organizations are expanding. Our firm recently represented The Asolo Reparatory Theatre in purchasing a 5,000-square-foot building on just under half an acre next to its existing location to expand its footprint. And we’re representing The Players Centre for Performing Arts, which has its long-time property on the market and is working on raising money to build a new $30-million theater complex in Lakewood Ranch.

We also worked with Florida Studio Theatre on its recent all-cash purchase of a 2,200-square-foot building in the downtown area, which is a testament to the strength of the downtown commercial real estate market. These are just a few examples of the flurry of activity we’re seeing among these organizations.


PART 2 —————————————————————————-



It’s not the big city—but it’s a cultural city. And it’s attracting investors in droves.
According to a study that examined 182 regions in the country, Sarasota’s arts and cultural industry accounts for more than $180 million in spending, which is more than the entire state of Nebraska. As such, the arts industry has a huge impact on the area’s economy.

GlobeSt.com caught up with Jag Grewal, partner at Ian Black Real Estate in Sarasota, to discuss how this is impacting the commercial real estate market in part two of this exclusive interview.

You can still read part one: The Arts’ Impact on Sarasota Real Estate.
Globest.com: What kind of impact are art organization expansions having on commercial real estate in the area?
Grewal: These arts organizations touch many aspects of Sarasota’s economy. They have a lot of purchasing power and the ability to invest.
We’re seeing this influence activity among restaurants that want locations near these performing arts centers, because they attract large numbers of people. In addition, a vibrant, thriving downtown will ultimately help attract more businesses to the area.
These expansions are also impacting the housing market, as larger theater productions require bigger casts and crews. For example, the Sarasota Opera House recently purchased 38 apartment units in the Rosemary District to house performers. Also, the Florida Studio Theatre is expanding its planned housing with the development of
the Kretzmer Artist Housing Project, which will house up to 20 visiting artists, interns and apprentices throughout the theater’s season.
GlobeSt.com: What kind of long-term outcomes do you expect to see, as a result of the activity that’s happening now?
Grewal: Sarasota is going to be like Disney for retirees. People will be able to see a different show every day of the week, and have plenty of restaurants and other entertainment venues in a walkable area.
We have 1,200 apartments coming on line downtown and expect a melting pot of people who live here yearround and those who rent apartments a few months of the year. More people will want to come visit us.


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Former executive offers advice as more ESPN marriages end

Via Sports Daily

By John Ourand, Staff Writer

Published April 17, 2017 

Gerry Matalon’s phone started ringing in the weeks before ESPN laid off around 100 anchors, reporters and analysts late last month.

Matalon’s phone continued ringing April 26, as ESPNers started to learn their fate. Now, a full week after the layoffs became public, Matalon’s phone continues to ring with people seeking advice on how to move forward with careers that seemed to be forever linked to ESPN.

All told, Matalon, who used to be ESPN’s senior coordinating producer of talent planning and development before he was laid off 18 months earlier, says he has talked or texted with around 100 people, both current and recently laid-off ESPNers.

Many of the affected talent view Matalon as a good person to give advice. Many of them have deep relationships with Matalon, who spent 27 years in Bristol. Plus, Matalon already experienced what they were going through. In October 2015, he was one of more than 300 ESPN colleagues who were let go as part of another cost-cutting purge. He’s now an independent talent consultant.

Matalon described the phone calls of the past week as more sad than angry, an emotion that mimicked how he felt in 2015.

“People are heartbroken,” Matalon said. “Before I was laid off, I thought that I was going to get to retire from ESPN. It’s such a great opportunity. But it’s different. When you work in the big city, there’s so much else going on that it kind of takes you away. When you’re in Bristol, it’s all right there. You’re it. You don’t date ESPN. You marry ESPN when you live in Bristol. Divorces don’t necessarily go that well.”

I heard that many ESPNers were calling Matalon, so I reached out to him last week to hear his advice. It was easy to see why so many people reached out to him — he has a relentlessly upbeat message.

He said he used a lot of the advice that was given to him by others in 2015. It breaks down into six areas.

Days before Matalon was laid off, he was walking with ESPN NFL analyst Herman Edwards on the Bristol campus. Rumors of pending job cuts had been swirling, and Matalon confided in Edwards that he was concerned that he was going to be let go. Standing right outside of ESPN’s gleaming digital center, Edwards looked at Matalon and said, “No matter what happens, don’t get down on you.”

“There are many times that I’ve gotten down, and I hear Herm’s voice,” Matalon said. “When I would get down, I wouldn’t get down on me as a person. Those circumstances didn’t define me.

“I revisit that day often. What I thought was an incredibly simplistic line, I had no idea how powerfully that was going to speak to me.”

Gerry Matalon’s career at ESPN ended in October 2015. Many of those laid off last month have reached out to him for advice.

When NBC’s “Sunday Night Football” executive producer Fred Gaudelli left ESPN in 2005, he had a line that he used with Matalon several times: “Make them pay.” Matalon reflected on that line after he was laid off and said that kind of emotion can be helpful at future jobs.

“I took that in a positive and inspirational way,” Matalon said. “It wasn’t said with resentment and malice. The best way I can move forward is just being me.

“Everyone wants to say to ESPN: ‘I’ll show you’ and ‘You should have found a reason to keep me around.’ That’s what Freddy was saying. Life is filled with these kinds of moments. It’s about getting out of your own way and leaning on others.”
Follow him on Twitter @Ourand_SBJ.

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