U.S. Assets Group News

GCBR- Entrepreneur 2005: Judges Choose Finalists

05/09/2005

Gulf Coast Business Review
Entrepreneur 2005: Judges Choose Finalists

By Sean Roth
Real Estate Editor

It was a struggle, but the field of top executives has been narrowed to 10 for the 2005 Entrepreneur Award. Last week, the Review revealed the 25 nominees who stood out in a field of impressive business candidates. This weeks decisions were tougher yet.
Making the top 10 was no easy task. Our judges based their choices first on the financial performance of each company and then on each nominees accomplishments in the marketplace.
This is the final list before the big show on May 20 when one entrepreneur will win the top spot and two others will take runner-up positions. The awards ceremony will be at a noon luncheon at the Hyatt Sarasota, 1000 Boulevard of the Arts. The event will also serve as a tribute to Mary Fran Carroll, John Clarke and Rex Jensen, the architects behind the economic giant master-planned community Lakewood Ranch. Tickets are $35. For more information, call (941) 308-0714.
Well see you there. 

Tom Brown and Jay Tallman
U.S. Assets Group, Sarasota
Business Line: developer
Wow factor : It seemed certain from the start that real estate developers Tom Brown and Jay Tallman were a winning combination. Their first project, en Provence on Longboat Key, set a new standard for condominium development. The developers sold 21 units in three weeks for a sellout value of $52 million. That was followed up in 2002, when the two introduced the $62-milion, 17-story Beau Ciel.
In December 2002, U.S. Assets started the $110-million Orchid Beach Club development on Lido Key. Fifty-one of the 54 units have been sold in the development slated for completion later this year.
In March 2004, Tallman, Brown and Fred Starling broke ground on The Founders Club, a $400 million, 700-acre gated community of 262 single-family homes nestled around a private golf course. The project was 50% sold-out in 13 months.