Brevard Business BBN News

Vol. 27 No. 42 October 19, 2009 A Weekly Space Coast Business Magazine Businesses embracing developer Coy Clark’s upscale Seaside project It’s an example of a successful upscale By Ken Datzman transformation of an existing obsolete property, once a Winn–Dixie anchored INDIALANTIC — Successfully bringing center, in the face of a turbulent market a commercial real–estate development where many investors have been forced to project of 50,000 or more square feet to the the sideline. The longstanding Coy A. market these days is considered an oddity Clark Co. of Melbourne redeveloped an in most areas of Florida. aging shopping plaza, giving it a fresh, The hurdles are steep. They include uplifting look in this beachside community. gaining financing for the project amid ill “I am very pleased with the way it credit markets, and convincing businesses turned out,” said Clark, founder and chief to come aboard as tenants. executive officer of The Coy A. Clark Co., The severe credit crunch, sustained job whose firm has been developing properties losses, and weak consumer spending have in Brevard for more than three decades. “It torpedoed commercial real–estate develop- was an extremely challenging undertaking ment over the past 18 months. Even during these difficult times in real estate. I properties with positive cash flows have was very fortunate to have been able to had trouble finding financing to roll over secure financing for this project.” debt, as commercial real–estate transac- The late Sam Walton entrusted tions are essentially at a standstill and developer Clark to introduce the first 15 development is virtually nonexistent in Walmart stores in Florida. Years ago, BBN photo — Adrienne B. Roth many communities across America. Clark also was involved in the conception That’s why Coy Clark’s new 71,000– and development of the 150,000–square– Coy Clark, CEO of The Coy A. Clark Co., is having a lot of success with his new Seaside Centre, an square–foot Seaside Centre on Highway foot Rialto Office Building and Hilton Hotel office and retail park on A1A in Indialantic. The 71,000–square–foot complex is nearly 100 percent A1A, a high–end office and retail park in Melbourne. leased. MAI Design–Build was the project architect. The Innovation Center, an engineering and valued at more than $10 million and nearly Clark moved to the Space Coast from design facility for Raytheon Corp., which employs 200 people, is the anchor tenant. Other businesses include Panita Bakery & Café, Beachside Physical Therapy, Niki’s Rainbow Restaurant, MIMA, and 100 percent leased, is being talked about in Elaine M. Norton, CPA. the local market. Please see The Coy A. Clark Co., page 19 Use first–time homebuyers’ credit as a downpayment on property don’t have to wait until tax time to use it. home without emptying your bank account. spouses of a married couple must pass this By Jennifer Scott The Department of Housing and Urban Not everyone is eligible to use the test to qualify. Scripps Howard Service Development announced that it will allow federal housing tax credit. You must be a To claim the full amount of the credit, buyers who qualify for the tax credit to first–time homebuyer — meaning that you your modified adjusted gross income can be Some potential homebuyers who have “monetize” it by using it as a down have not owned a home that is your no more than $75,000 if you’re single, and been waiting to get into the market are payment or toward closing costs on a home. principal residence for at least three years now taking action, thanks to the new HUD Secretary Shaun Donovan said leading up to your home purchase. Both Please see Homebuyers’ Credit, page 16 federal housing tax credit. this new feature is intended to not only

Passed in February as part of the ease the costs of homeownership but also

American Recovery and Reinvestment Act boost home sales in areas where properties INC. NEWS,

of 2009, also known as “the stimulus have been sitting on the market for months BUSINESS BREVARD

package,” the credit gives a tax allowance or years. PAID

of up to $8,000 to first–time homebuyers Figuring out how to use the credit POSTAGE US

who purchase a home before Dec. 1. upfront, however, isn’t as easy as signing a STANDARD The credit itself is already well–known, form and collecting your cash. Check out PRESORTED but here’s a lesser–known fact: Buyers now our step–by–step guide for buying your BBN DIGEST Florida Tech autism–related workshop Oct. 28 at Scott Center in Melbourne Florida Institute of Technology’s School of Psychology offers free monthly workshops of particular interest to parents, educators and professionals who deal with the issues of autism. The Oct. 28 presentation is scheduled from 6:30 to 8 p.m. in the Scott Center for Autism Treat- ment Seminar Room at Florida Tech in Melbourne. Dr. Debra Sloan, a licensed staff psychologist at Florida Tech’s Counseling and Psychological Services, will co– Community Bank present “Understanding Asperger’s from a Clinical and Sensory Perspective.” pick up BBN She is also a psychologist on staff at the College Internship Program (CIP), Brevard Center, in Melbourne, 9-07-09 and provides support services to young adults with autism, Asperger’s Syndrome or learning differences who are page 7 beginning their college education or vocational training. Sloane received her master’s of science degree in 1987 and doctorate in clinical psychology in 1989 from Florida Tech. She has a son who has Asperger’s Syndrome as well as mild cerebral palsy. Karen Rathgeber will present on the “sensory issues that affect people with learning differences or have a diagnosis on the autism spectrum.” In addition, a few students who attend the residential program at CIP, Brevard Center, will share their strate- gies for success with other students and parents. The Seminar Room is located on the second floor of the Scott Center for Autism Treatment. For more information, contact the School of Psychology at 674–8104.

Guiding you through the world ‘Disability Awareness Month’ art exhibit of employee benefits: In recognition of October as “Disability Awareness Health, Dental, Disability, & Life Insurance Month,” a VSA Arts of Florida–Brevard exhibit of artworks • Health Savings Accounts (HSAs) created by people with disabilities is on display in the • Section 125 Plans • Voluntary Benefits Maxwell C. King Center for the Performing Arts in • RFP Development & Scoring Melbourne through Oct. 25. Of the 22 pieces on display, 11 are original pieces created collaboratively by groups of students who participated in the VSA Arts 2009 Festival, Artemis Brombacher “Space — To Infinity and Beyond.” Eleven other pieces are photo mosaic poster prints created by students and adults pick up BB pick up BB as an inclusive project, “Changing Perceptions.” The exhibit will be available for viewing to ticket– buying 10-05-09 9-28-09 patrons before, during and after any performance held in B the auditorium. VSA Arts, formerly known as Very Special page 13 page 2 Arts, is a program of Brevard Achievement Center. For more information, contact Janice Kershaw at 752–2740, extension 5208, or send an e–mail message to her at [email protected]. 1980 North Atlantic Ave. 321.799.9401 Suite 1007 [email protected] Human resource group to gather Cocoa Beach, FL 32931 www.brombacher-insurance.com The Space Coast Human Resource Management Association will meet Oct. 20 at the Courtyard by Marriott Resort in Cocoa Beach. Attorney Thomas Foster Jr., a WAREHOUSE SPACE national spokesperson for The Hartford’s corporate FOR LEASE retirement plans, will be the guest speaker. He is an BIZ Card BIZ Card acknowledged industry expert in retirement–plan legisla- Palm Bay Industrial Center PROSPECT OFFICE CENTER tion, regulation and compliance testing. Foster travels Bayspick from 2411up toBBN 4822 sq.ft. pick up BBN extensively around the United States lecturing and has Newly Renovated been published and or quoted in a variety of publications, AGGRESSIVE DEALS SBA Approved Hub Zone including “The Wall Street Journal,” “The New York FOR QUALITY TENANTS Times,” and “Forbes.” To make a reservation to attend the Contact Randy Rauch (954) 816-9005 725-1240 event, visit http://spacecoasthr.shrm.com.

BREVARD BUSINESS NEWS / 2 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST Parrish Medical Foundation to host Masquerade Ball Oct. 30 at LaCita TITUSVILLE — The Jess Parrish Medical Foundation will host its “Midnight on Main Street” Masquerade Ball from 8 p.m. to midnight on Friday, Oct. 30, at La Cita County Club. This celebration of philanthropy honors benefactors whose gifts have helped Parrish “maintain the highest level of health–care excellence for the community.” The evening will feature the revelry of a Venetian Carnival in the 1700s, where the society patrons gathered DNA Artchitects to dance, dine and be entertained all while under the “grand illusion of mask and costume.” The Masquerade Benefit Ball will be hosted by Jason and Teresa Snodgrass, and Terry and Barbara Terhune. new ad emailed The event will mark JPMF’s 26th year of operation as the philanthropic arm of Parrish Medical Center. Monday General admission tickets to the ball may be purchased for $75 per person. Those attending the ball are encour- aged to wear masks with their black tie or formal costume attire. Venetian masks artfully created by the Titusville FULL COLOR Art League will be for sale at the Masquerade Ball. The activities will include entertainers, music, vintage photos, and a live auction with trips to the Isle of Capri; Ireland; Paris, France; Costa Rica; San Francisco wine country and Jackson Hole, Wy. The grand finale includes a reverse raffle offering a chance to win $10,000. The raffle benefits The Children’s Center Futures Fund for The Children’s Center in south Titusville. With the exception of the reverse raffle, proceeds from the Masquerade Ball will complete the foundation’s $3.5 million capital campaign, funding the initial programs, services and facilities for the Health Village at Main Street PMC. This “first–of–its–kind historic health village” will initially provide services to seniors in a “charming, turn– of–the–century healing environment,” and will later expand to include all generations. Historic preservation is a centerpiece of this project. For event or reverse raffle tickets, information or sponsorship opportunities for the Midnight on Main Street Benefit Masquerade Ball, call 269–4066 or visit parrishmedfoundation.com. ‘Rocky Horror Picture Show’ dates set Surfside Playhouse in Cocoa Beach will present “The Rocky Horror Picture Show” on Fridays and Saturdays, Oct. 16, 17, 23, 24 and 30, at midnight. Two shows are set for Saturday, Oct. 31, at 8 p.m. and midnight. These shows will be directed by Heather McFarland and Anthony Mowad. This year, the Playhouse has hand–selected cast members from veterans of previous shadow casts and the rock musical “The Rocky Horror Show” for a special “Alumni Reunion” production. This all–star cast has been brought together by McFarland and Mowad, who are PUT YOURSELF IN OUR PLACE marking their fifth, and final, year in a row directing “The OFFICE & RETAIL SPACE Rocky Horror Picture Show” for Surfside Players. Next Woodlake Dream Cars LOCATED IN PALM BAY year, the annual tradition will continue under new AND MELBOURNE directors. “Prop bags” will be available to purchase, and pick up pick up BBN live musicians will set the scene in the “creepily atmo- 725-1240 spheric lobby.” Tickets are $10 and will be sold at the door 10-12-09 10-12-09 the evenings of the performances. For more information, FREE RENT visit www.surfsideplayers.com. page 9 page 2

OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 3 BBN EDITORIAL Foundation grants $50,000 to Tech for Alzheimer’s research The Community Foundation of Brevard has awarded treatment for Alzheimer’s disease because its fundamen- theory is based on colloid science.” Florida Tech a $50,000 grant for Alzheimer’s disease tal cause remains unknown. The theory may provide an explanation not only for research. In the brain cells of Alzheimer’s victims, molecules of a Alzheimer’s and Mad Cow disease, but also for This is the second $50,000 grant in two years the normal protein, called “tau,” do something very abnormal Parkinson’s disease and several other diseases character- Melbourne school has received from the Community — they join together to form tangled fibers that the cell ized by similar abnormal clusters. If his theory is correct, Foundation of Brevard’s Kenneth R. Finken and Dorothy cannot remove. The fibers accumulate until essential it may be possible to halt the disease with drugs that Hallam Finken Endowment Fund for research into the substances cannot move through the cell and the cell dies. prevent the particles of protein from joining into chains. cause and cure of Alzheimer’s disease. As brain cells are lost, memory and mental function- His theory goes to the heart of this process. The grant will support the work of Dr. Shaohua Xu, ing deteriorate. But why do proteins suddenly begin to The grant will make it possible to add critical equip- associate professor of biological sciences, who is using an stick together? The prevailing theory is that normal ment to the laboratory for producing and purifying atomic–force microscopy to test his unique theory of the proteins are first changed in shape, to an “infectious” human proteins, using genetically modified bacteria. This origins of Alzheimer’s disease. form, in which the molecules link together to form a will allow Dr. Shaodua and his team to identify chemicals Finken, a graduate of Columbia University, held four chain. that accelerate the formation of the protein fibers, which patents. He had retired from the Government Electronic “From our observations, we believe this theory is may cause some people to develop the disease. The team Systems division of Harris Corp. in Melbourne. incorrect,” said Dr. Shaohua. He began developing his will also be able to screen potential drug molecules that “This is an example of individual philanthropy at its theory in 1997, when he was studying Mad Cow disease might inhibit the fiber formation process. The grant will best,” said Gary Lang, president of the Community at the University of Chicago; he was the first to use an also fund materials and supplies critical for the research Foundation of Brevard. “The foundation is proud of its atomic–force microscopy to actually see how the indi- and will support a graduate student researcher for the association with the family and their special support for vidual molecules join together. team. this very worthwhile research program.” “We found that the protein molecules first stick His research is conducted at Florida Tech and the Despite decades of research there is no effective together to form spherical particles, far too small to see Space Life Sciences Laboratory, a unique research facility with an ordinary microscope, which then join like beads at Kennedy Space Center, operated by the state of Florida on a string to form the filaments that choke the cell,” he in partnership with NASA and Florida universities. said. Dan Woodard, a KSC physician, was the first medical Brevard Business The phenomena he observed were unknown in doctor to review the research. He said “Shaohua’s theory BBN News biology, but Dr. Shaohua looked beyond the usual limits is revolutionary; his evidence is overwhelming. The of the life sciences and found an identical phenomenon, medical implications are beyond anything in my experi- not in biology but in another field called colloidal chemis- ence.” 4300 Fortune Place, Suite D try. NASA physician David Tipton, chief of the aerospace West Melbourne, FL 32904 “The process we have observed closely resembles the medicine and environmental health branch at KSC, (321) 951–7777 behavior of colloids, mixtures like milk or ink, in which agrees. “This could be the most important biomedical fax (321) 951–4444 tiny particles are suspended in a fluid,” he says. “Our discovery ever made at Kennedy Space Center.” BrevardBusinessNews.com FAA liaison to lecture at Tech about air–traffic management PUBLISHER Guy Boy, Florida Tech university professor in the College of Aeronautics, will host a lecture by Nigel Makins from Adrienne B. Roth the European Organization for the Safety of Air Navigation, an agency for air–traffic management akin to the U.S. EDITOR Federal Aviation Administration. Ken Datzman The lecture, titled “Turning Research into Reality: Validating a Complex Socio–technical System for Air–Traffic Control,” is set for 9 a.m. on Oct. 27 in Gleason Performing Arts Center on the Melbourne campus. OFFICE MANAGER The lecture aims to show the value of research in the field of air–traffic control systems. One result of this research is Frank Schiffmann the European Operational Concept Validation Methodology, which is now embedded in the system engineering methodology of the Single European Sky Air–Traffic Management Research Program (SESAR). Although success of the methodology is still to be proved, the presentation will provide details of how it is intended to Brevard Business News is published every Monday by Brevard Business News Inc. Bulk Rate postage is paid at address the difficult issues surrounding complex socio–technical system re–engineering. Melbourne, FL and Cocoa, FL. This publication serves Makins is the official liaison for the SESAR and Next Generation Air Transportation System, at the FAA in Wash- business executives in Brevard County. It reports on ington, D.C. The SESAR in Europe and NextGen in the U.S. are major programs for the design and development of the news, trends and ideas of interest to industry, trade, next generation of air–traffic management. Makins’ main emphasis is on global harmonization of operational issues. agribusiness, finance, health care, high technology, education and commerce. Commission announces applicants for judge opening Letters to the Editor must include the writer’s signature The following individuals have applied to the Eighteenth Circuit Judicial Nominating Commission for nomination to and printed or typed name, full address and telephone fill the circuit–court vacancy created by the appointment of Judge Bruce Jacobus to the Fifth District Court of Appeal: number. Brevard Business News reserves the right to edit Mauricio Arcadier, Rhonda Babb, Samuel Bookhardt III, Valerie Brown, Julie Mae Cloney, John Futchko, Steven all letters. Send your letters to: Editor, Brevard Business Graves, Clarissa Harrell, Diane Horsley, Oscar Hotusing, Stephen Koons, Jeffrey Mahl, A.B. Majeed, Kelly McKibben, News, 4300 Fortune Place, Suite D, West Melbourne, FL, James McMaster, John Murphy, George Paulk, Barbara Peters, Patrice Pilate, David Silverman, Minerva Simpson, 32904, or email [email protected]. Kelly Swartz, Jennifer Opel Taylor, Michael Wilkes, Keith Williams and Frank Zilaitis. The Eighteenth Circuit Judicial Subscription Rates for home or office mail delivery are Nominating Commission said it “encourages and seeks comments regarding the qualifications of these applicants from $26.00 for one year (52 issues). Send all address the public and members of the bench and bar.” Comments may be addressed to: Elizabeth Dorworth, Chairman, changes to: Circulation Department, Brevard Business Eighteenth Judicial Nominating Commission, 1520 Whitstable Court, Lake Mary, Fla., 32746. The comment deadline News, 4300 Fortune Place, Suite D, West Melbourne, FL, is Oct. 21. For more information, contact Dorworth at 277–3460, or send an e–mail message to 32904, or email [email protected]. [email protected].

BREVARD BUSINESS NEWS / 4 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST FSU, Gannett Florida to host statewide–focused forum on offshore drilling, set Oct. 28 Florida State University, Gannett Florida and the Tallahassee Democrat recently announced they will co– host a statewide–focused public forum on the proposal to open Florida waters to offshore energy exploration and production. The purpose of the event is to seek facts and expertise to educate the public regarding the potential challenges Catholic Charities and benefits that offshore energy exploration would present to Florida. The “Florida Forum” is scheduled from 7 to 9 p.m. on Oct. 28 at Florida State University and will feature two new ad emailed panels of “highly respected and credible experts,” including three proponents and three opponents of the proposal. Paul Flemming, Gannett Florida’s Capital news FULL COLOR editor, will serve as moderator of the event, ask questions of the experts and anchor the entire discussion. As the forum is open to the public, questions will also come from members of the in–studio audience and viewers watching the forum on the Internet or via telecast from off–site locations such as Florida State University’s satellite campuses. Also on hand will be Florida legislators Sen. Mike Haridopolos, president–designate of the Florida Senate; and Rep. Dean Cannon, speaker–designate of the Florida House of Representatives. The lawmakers will be there to listen to diverse perspectives and to ask questions about the effects of bringing energy exploration to Florida waters before the issue is expected to be considered by the Florida Legislature. “Opening Florida’s waters to offshore drilling would be a significant change from longstanding state policy, and the public has many questions about this proposal,” said FSU President T.K. Wetherell. “Hopefully, this forum can help provide critical facts and needed perspective to this ongoing debate.” The forum will be open to coverage by all Florida news media, and Florida State University will broadcast the event from the studios of WFSU public broadcasting, as well as make the signal from the event available to its satellite campuses and other educational institutions across the state. Gannett Florida will broadcast the event on its Web sites in Florida: The Tallahassee Democrat, Pensacola News Journal, Florida Today, Fort Myers News–Press, WTSP–TV in Tampa, and First Coast News in Jackson- ville. “This forum will be an important opportunity to hear balanced facts and opposing opinions about the effects that would result from changing Florida’s longstanding ban on offshore drilling,” said Patrick Dorsey, president Browning’s Pharmacy & Health Care and publisher of the Tallahassee Democrat. “Gannett BOB DOT COM • Home MedicalBrownings Equipment and Supplies Brownings Florida and the Tallahassee Democrat are proud to co– • Respiratory Equipment and Supplies host a spirited and substantive discussion centering on • Power Wheelchairs and Seating the facts at issue in this debate.” We specializepick in findingup BBN what you need Homepick Computer up BBN Repair Gannett Florida also will make the Web cast signal Consulting  Installation  Networking available for use by all media on their own Web sites, and 10-12-09 (321) 725-6320 10-12-09 141 E. Hibiscus Blvd, [email protected] is seeking a media outlet in Southeast Florida to actively Melbourne, Florida 32901 participate in the event. page 7 321-474-0393page 7

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BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST Veteran Realtor David Worth joins National’s Palm Bay office National Realty of Brevard Inc. has announced the addition of David Worth, a broker–associate, to its Palm Bay office. He has been involved in business and real estate in Palm Bay since 2000. Worth has extensive Inventory Reduction! experience in residential and commercial real estate, including raw–land transactions, and “has been instru- mental in bringing new business to the area.” Recessionary Pricing A lifelong Florida resident, Worth was born in Miami and grew up in Gainesville. Since moving to the Palm Bay area, he “has witnessed firsthand the phenomenal growth of the area and has kept his finger on the pulse of the real estate market in South Brevard.” Coy Clark Worth was an active participant in the development of the Palm Bay Visioning Plan. Worth is a member of the pick up BBN Greater Palm Bay Chamber of Commerce, where he has served in several leadership positions, and is also associ- 10-12-09 ated with the Melbourne–Palm Bay Area Chamber of Commerce. page 7 He has been actively involved in several networking groups, and was instrumental in the formation of the Bayside Lakes Referral Group, which has grown into the Bayside Lakes Business Group. Worth also worked to develop “The Exchange Referral Group,” a group affiliated with the Melbourne–Palm Bay Chamber, and is also FULL COLOR involved in the revitalization of the Palm Bay Area Business Council. BCC Board of Trustees to meet The Brevard Community College Board of Trustees will Corporate Office Condo Park meet at 9 a.m. on Monday, Oct. 19, at BCC in Cocoa. The meeting will be held in the Carver Administration 1,250 to 15,000 S/F Building (Building 2, Room 231). For more information about the meeting, call BCC’s Jim Ross, vice president for Office Condos advancement and public affairs, at 433–7023. RBC’s Custer retires, Westake new CEO Lease - $14/sf NNN RBC recently announced that Scott Custer, CEO of RBC Bank in the U.S., has decided to retire following a Sale - $140/sf Shell successful 25–year career in the financial–services sector. $195/sf Built Out Jim Westlake, group head of international banking and insurance, and current chairman of RBC Bank, has been Immediate Occupancy appointed CEO of the company, in addition to his current responsibilities. “On behalf of the entire organization, I or Build Out to Suit would like to thank Scott for his leadership and his commitment to helping us build our U.S. banking busi- ness,” said Westlake. “I look forward to working with our (5% Comm to Participating Broker) employees, communities and stakeholders across our markets as we focus on growing the leading relationship bank in the southeastern U.S.” 330 NNorth th Babcock B b Street near the intersection of US1 Guild opening a big success REALTOR® More than 300 people attended the recent grand opening of the new Indian River Potters Guild LLC facility in the Eau Gallie Arts District. Ambassadors from the “MORTGAGE MONEY” Melbourne–Palm Bay Chamber of Commerce and the Greater Palm Bay Chamber were there, as well as Tom ERA Crissy Powers, president of the Eau Gallie Merchants Associa- tion; Mary Wallis, director of the Eau Gallie Arts District; pick up BBN pick up BBN Steve Maklansky, president of the Brevard Art Museum; and Valerie Karas, director of the Indian River Potters 10-05-09 10-12-09 Guild. If you are a ceramic artist looking for an “excep- page 2 777-3232page 2 tional workplace” for your craft, call Karas at 543–3645. “Brevard’s most referred lender since 1981” OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 7 BBN DIGEST LoggieSupport partners with BotProof in defense market MERRITT ISLAND — BotProof LLC of Naperville, Ill., a leading provider of innovative Internet security solu- tions, has entered into a partnership with LoggieSupport of Merritt Island to sell its products and services to the U.S. government. “LoggieSupport has the expertise and contacts to expedite our entry into the government sector,” says BotProof founder and CEO Jason Koziol. “With LoggieSupport advisory services, we can focus our product development on key government requirements rather than wasting resources learning to navigate the govern- ment procurement process.” LoggieSupport was founded by aerospace veteran and Parrish Masarade Merritt Island resident Rodger Pickett. He and his consulting team provide expertise to clients who require pick up BBN knowledge of or services for Department of Defense logistics and information technology. 10-12-09 “In the current economy, many smaller businesses are looking to get in the game with government contracts but page 9 do not have the experienced staff required to navigate the complex government structures,” says Pickett. “BotProof’s technology innovations will be critical to the government, and this partnership enables each of us to focus on our core strengths while bringing value to the end customer.” Induction range at Topline Appliance The industry’s first, freestanding electric–induction range is now available for viewing at the Topline Appli- ance Superstore in Melbourne. This “energy–efficient technological marvel” boasts four induction glass–top burners, a 5.9 cubic–foot, three–fan, convection oven, and a warming drawer. “Previous induction ranges took a minimum of a 50–amp circuit,” said Rich Vaughn, manager of Topline Appliance in Melbourne. “What’s nice about this range, is that it is intended to be used in the replacement market with the industry– standard 40–amp circuit.” Topline Appliance is providing free demonstra- tions on the benefits of induction cooking versus standard electric and gas cooking, he said. For more information on this interactive cooking product, visit the Topline Appli- ance Superstore in Melbourne, next to Target on West New Haven Avenue, or call 768–9700 and ask for Vaughn. Crosswinds recognizes staff members At its September staff meeting, Crosswinds Youth Services in Cocoa gave special recognition to several employees. Thais Kleinhans received the Outstanding Employee Award for her excellent work as a counselor for the Juvenile Assessment Center. Rita Dickerson, case manager with the Transitional Living Program, was presented with the Tortoise Award for her perseverance and high–quality work. Mustapha Husain, youth–care Medical & EMT Supplies Dependable, Careful, Professional worker in the Robert E. Lehton Children’s Shelter, Uniform Mart received the Dale Carnegie Award for his professionalism form Ma and positive attitude. Also recognized with Certificates of Featuring Products Appreciation were James Helmick, for his “outstanding Uniforms  kupBkupBBShoes  Accessories and dedicated work in telling the Crosswinds story” for the 2009 United Way Campaign video; and Brandon Melbourne Shopping Center Stevens, AmeriCorps volunteer, for his “volunteer time, 1387 S. Babcock Steet commitment and talent” in producing a video for Cross- 676-0000 winds.

BREVARD BUSINESS NEWS / 8 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST Air Force awards $32 million SBIR contract to Melbourne firm at TRDA The Technological Research and Development Author- ity recently announced that Securboration Inc. was awarded a $32 million Small Business Innovation Research Phase III extension contract to its command and control ontology–based Semantic interoperability frame- work contract with the U.S. Air Force. Securboration is a participant in the TRDA Commer- cialization Assistance Program that is designed to build mutually beneficial partnerships giving small businesses the technological advantage they need to thrive. Securboration is also a resident of the TRDA Business Innovation Center in Melbourne. CIA Developers Through this contract, Securboration will provide key technologies that will establish a foundation to enable Air new ad emailed Force compliance with the U.S. Department of Defense’s network–centric directives. “This is an important step for Securboration as we fuel future growth and expand our role as a research and development innovator, delivering solutions for the DOD and other U.S. government and private–sector customers,” FULL COLOR said Lynn Lehman, vice president of Securboration. Securboration was founded in 2001 as a research and development organization to address security and collabo- ration needs of the DOD. Since then, Securboration has pioneered techniques to transform data into knowledge and enable exchange of that knowledge within collabora- tion processes in large–scale customer environments. This contract extension brings the total to $55 million for Phases I, II and III grants awarded to Securboration by DOD and leading research labs. For more information, visit Securboration.com. Kempf’s adds another gemologist to staff Kempf’s Jewelers Inc. on Fifth Avenue in Indialantic recently announced that Corrine Rathjen has successfully completed the Graduate Diamond Program with the American Gem Society. She has worked for Kempf’s for almost two years and “is an asset to the retail store’s team of gemologists.” Kempf’s specializes in original fine jewelry and is an official dealer for Rolex watches. For more information about the business, call gemologist Gale Kempf at 724–5820 or send an e–mail message to [email protected]. Brown and Brown a new client at park Chart House Hoyman Dobson The Corporate Park at Viera recently welcomed new new ad emailed new ad emailed client Brown and Brown Insurance. Thanks to an agree- ment reached between Todd Piersol of Brown and Brown and Mike Renfro of Matthew Realty, Brown and Brown of Brevard now has a new address at 7341 Office Park Place. FULL COLOR The office is located at the corner of Wickham and Murrell Road. Brown and Brown Executive Vice President Piersol FULL COLOR heads a staff of 20 people at the Viera location. The agency specializes in commercial lines, personal lines, and employee benefits. Brown and Brown of Brevard has served the local community for more than 25 years. The company started as a two–per agency in 1939. Today, it is one of the largest independent insurance intermediaries in the nation. Brown and Brown is ranked as the seventh largest such organization in the U.S. and ninth largest in the world by “Business Insurance Magazine.”

OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9 BBN BUSINESS HBCA Fall Parade to open Oct. 17 — Armstrong’s ‘Showcase Home’ at Summer Lakes in Viera, Veranda Place is ‘Showcase Community’; builders hope homebuyer tax break is extended open to the public for viewing. The Parade’s By Ken Datzman ‘Showcase Home’ is ‘The Bellamy,’ which was built by Armstrong Custom Homes and is This year, homebuilders have seen consum- located in the Summer Lakes community (in ers come back into the housing market in search Viera). The ‘Showcase Community’ is ‘Veranda of bargains, spurred by the government’s $8,000 Place. It’s located in Melbourne, just off Eau homebuyer tax credit, which is helping to drive Gallie Boulevard at Sarno Road, and is being the decline in inventory of both new and existing developed by The Coy A. Clark Co.,” she said. homes for sale. The Bellamy model, with 3,629 square feet of New–home inventory dropped for the 28th living space and 5,738 total, is at 3273 Bellwind consecutive month in August, to 262,000 units, Circle. The four–bedroom, four–bathroom home or a seven–month supply at the current sales is priced at $829,900. pace, according to the latest data available from Veranda Place, a gated, tree–lined, single– the National Association of Home Builders. family community with many of the home sites Franck Kaiser Jr., executive vice president backing up to lush conservation and lake views, and chief executive officer of the Home Builders is convenient to Interstate 95. There are 114 lots and Contractors Association of Brevard, says the in three sections, ranging from one–third to “good news” is the local market has stabilized. one–half acre. “Most of the new–home inventory in Brevard Veranda Partners Ltd., the development County has been sold. We reached the bottom of group, includes longtime Brevard businessmen the market toward the end of last year. This Coy Clark, Sam Bockman, Jim Bockman, and year we are seeing a very slow recovery. What Joseph DiPrima. The custom builders working we would like to see is activity pick up a little the development include DiPrima Construction faster,” said Kaiser, whose organization is Corp., Lifestyle Homes, and Stanley Homes. affiliated with the Florida Home Builders Clark, chief executive officer of The Coy A. Association and the National Association of Clark Co., says the residential market “has Home Builders. picked up substantially” for his company. “We Builder confidence in the market for newly have two subdivisions that we’re marketing, built, single–family homes edged higher for the Veranda Place on Eau Gallie Boulevard and third consecutive month in September, reports Lynnwood Estates on Hollywood Boulevard in the National Association of Home Builders. The West Melbourne. We’re seeing good activity in Housing Market Index rose one point to 19 in both of those communities.” September, the highest level since May 2008. Builders who have single–family homes in BBN photo — Adrienne B. Roth “The mood among builders is definitely more the Fall Parade include DiPrima Construction The HBCA Fall Parade will show off 20 housing entries. The Parade runs Oct. 17 to upbeat compared to one year ago,” Kaiser said. Corp., Scalero Custom Homes, Executive Oct. 25. Shea Shannon is director of special events for the HBCA in Melbourne. His trade association will host its annual, Homes, D.R. Horton, Robert L. Cochran Co., Franck Kaiser Jr. is CEO of the trade group, which is affiliated with the Florida Home weeklong Fall Parade of Homes Oct. 17 to 25. Holiday Builders, and the newly launched Builders and the National Association of Home Builders. There are 20 housing entries consumers can Schwab Construction Group Inc. tour during the Parade. “As an association, we The most expensive home in the Parade was Brevard “is thriving. Many remodelers are doing really well.” are very excited to have a Fall Parade of built by Schwab Construction Group, which is Residential general contactors across the nation are looking to build on Homes,” said Kaiser, who pointed out that some run by Tricia and Dan Schwab. Their $2 million the momentum of 2009 and hoping the homebuyer tax credit, which is set builder associations in Florida have cancelled “Honeymoon Hill” model is at 4821 Honeyridge to expire at the end of November, will be extended into 2010. their Parades this year because of the economy. Lane on Merritt Island. In fact, the National Association of Home Builders is calling on Con- Shea Shannon, HBCA director of special Three builders will display the artwork of gress to extend the first–time buyer tax credit for another year and to offer events, said Shelter Mortgage LLC “stepped up “Very Special Arts of Brevard” clients in their it to all income–eligible buyers of primary residences. once again to be the corporate sponsor for the models during the Parade. The builders are “The National Association of Home Builders has been campaigning to Parade of Homes. And we are also thrilled that DiPrima Construction Corp., Robert L. Cochran get the tax credit extended to everyone, not just first–time homebuyers,” Mercedes Porsche Audi of Melbourne will again Co., and Stanley Homes, Shannon said. “This Kaiser said. “I think it is the only way you are going to see any real provide the transportation for the Parade judges amazing artwork is created by children and stimulus for the housing market. To turn the entire economy around, you during the event.” adults with disabilities and it will be showcased have to get construction back in business.” The Parade of Homes hours are Monday in the three models.” In addition, the national association is urging Congress to do something through Saturday, 10 a.m. to 5 p.m. On Sunday, Rounding out the Parade are three multi– about the “credit crunch.” Nearly two–thirds of single–family homebuilders people can visit the homes from noon to 5 p.m. family projects, including the Pineapple House are reporting a “severe” lack of credit for housing production, threatening The homes range in price from $144,500 to $2 of Brevard condominiums in the Eau Gallie the fragile housing recovery before it has time to take hold, according to a million, said Shannon. section of Melbourne, and three remodeling September 2009 survey of acquisition, development, and construction “We have a nice mix of houses that will be entries. Shannon says the remodeling market in financing conducted by the National Association of Home Builders.

BREVARD BUSINESS NEWS / 10 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN BUSINESS Brevard County Library Foundation to host ‘Holiday Bling Thing’ benefit Nov. 6 at Suntree Country Club — more than $50,000 of jewelry to be offered below wholesale prices; seeking sponsors resources we’ve offered and has created some By Ken Datzman magnificent library projects.” In an effort to try to offset state budget COCOA — Libraries across the nation are reductions, the Brevard County Library Founda- facing steep budgets cuts as a result of the tion has been reaching out to the community economy. The downturn has forced states into through fund–raising events. The organization’s making some hard budget decisions. Public main money–raising vehicle is its annual libraries are not winning the battles. They’re “Holiday Bling Thing,” which was started three receiving fewer grant dollars and funds, in years ago and has quickly gained strong support general, for their operating budgets. from residents throughout the county. Locally, Catherine Schweinsberg, director of The third edition of “Bling Thing” will be held Brevard County Library Services, has been from 7 to 10 p.m. on Friday, Nov. 6, at Suntree dealing with state budget cuts for the past three County Club in Melbourne. The fee to attend the years. “We took a 13 percent budget reduction this activities is $50 for foundation members and $55 year,” she said. “But all 17 libraries around the for guests. To purchase event tickets or for county are open. We’ve made adjustments. Some information about being a sponsor of “Bling of the libraries are open four days a week and Thing,” call the foundation office at 633–1887 or most have shorter operating hours.” send an e–mail message to [email protected]. The Brevard County’s library budget is $19 Event sponsorships start at $250. million, down from roughly $24 million several “We hope to raise $50,000 from ‘Bling Thing.’ years ago. “We have seen a 43 percent reduction Sponsorships typically comprise 50 to 60 percent in our book and media budget, which is the of the amount that we would raise under normal library’s main business. That really makes it conditions,” said Kellar, a divinity graduate of challenging to stay on top of changes in the Emory University. industry,” she said. Money raised from the function in past years Systemwide, the library has a collection of has supported such things as purchasing books more than 1 million items, including more than for children, funding the annual Community 2,000 periodicals subscriptions, DVDs, CDs, and Reading Festival, and maintaining the county’s other media. mobile library. The reading festival has been put BBN photo — Adrienne B. Roth Historically, when the economy sails into a on hold. “We hope to bring it back in a year or Brevard County Library Services Director Catherine Schweinsberg says the 10–year– tailspin, library usage rises in the community, two,” he said. old Brevard County Library Foundation plays an important role in raising money for Schweinsberg said. “Usage has gone up signifi- A few years ago, the foundation started a library projects that are beyond the means of her budget. The Rev. Ned Kellar is cantly in the last two years. More people are using program called “Books for Children,” where “we executive director of the foundation, which launched the ‘Holiday Bling Thing’ benefit the library and more books are being checked out. encourage area citizens to buy books and give three years ago. The foundation is looking to raise $50,000 at the Nov. 6 gathering. And computer usage is ‘off the charts.’ Because of them to the library, or give the money to the the economy, increasing numbers of people are library and let the library purchase the books. contribution from area residents Dee Negroni and Don Hendrick. telling us they have cut their Internet access from After the books are purchased, the library inserts This year, the foundation funded the month–long Brevard Literacy their personal budgets. They’re coming to the a bookplate indicating who bought the book, or Festival, which drew more than 8,000 residents at the county’s 17 libraries, library to use the Internet.” who the book is dedicated to, or in honor of,” from Mims in the north to Palm Bay in southern Brevard. The foundation The Brevard County Library System received Kellar said. provided an $11,000 grant for the festival. $536,080 in state grant money for 2008–2009. For Recently, Kellar said his foundation presented Kellar said “Holiday Bling Thing” will feature the auctioning of more 2009–2010, the county’s grant money has been a $15,000 check to the library system to keep the than $50,000 of jewelry below wholesale prices. In addition to purchasing cut considerably, to an estimated $431,593, popular Negroni–Kendrick Mobile Library in full– jewelry through the silent auction, there will be a raffle of two sets of according to data complied by the Florida Division time operation. The 26–foot–long Utilimaster roundtrip tickets on Southwest Airlines, and artwork by local artist Lloyd of Library and Information Services. “It used to be aluminum van travels on a regular schedule Behrendt, plus door prizes of rounds of golf and other valuable items. over $1 million. We’re taking a double hit when it throughout the county. More than a dozen federal, state and local lawmakers will act as honorary comes to funding — locally and from the state,” “The ‘library on wheels’ is more critical than hosts for the gala. They will include Suzanne Kosmas, Bill Posey, Thad she said. ever before,” he said. “We invite people to come Altman, Mike Haridopolos, Ralph Poppell, Ritch Workman, Steve Crisafulli, A decision that was made 10 years ago, is ride on it and spend an hour or so. And once they Debbie Mayfield, Mary Bolin, Trudie Infantani, Andy Anderson and Chuck looking awfully smart today. In 1999, the Brevard do that, they are really hooked because it’s a Nelson. County Library Foundation was founded to seek dynamic program we’re offering to the communi- Among the sponsors for this year’s “Bling Thing” are The Boeing Co., The private–sector support for the library system. ties.” Boeing Employees Fund, “Florida Today,” Lockheed Martin, United Launch “The things that we do as a foundation are above At various stops, books are given to youngsters Alliance, United Space Alliance, Southwest Airlines, Betty Demchock, USA and beyond what the library provides,” said the to encourage them to read and get involved in Employees’ One Fund, Berman Hopkins Wright & LaHam CPA, Clear Rev. Ned Kellar, executive director of foundation. their local libraries. The mobile library got a big Channel Outdoor, Marge Spezzano, Don and Kim McNair, Community “And Cathy (Schweinsberg) has taken the lift a few years ago when it received a $50,000 Credit Union, and 1–800–Got–Junk?

OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 11 BBN DIGEST Tech’s engineering co–op program puts students on track to success Florida Institute of Technology, long known for its high–tech, “hands–on” education, is taking the concept further with the new ProTrack Co–op program for engineering and applied science students. Enrollment is going on now with the first class set to start August 2010. The new program combines the benefits of traditional university cooperative education with a unique, student– centered approach. Engineering students can complete three semester– long paid work experiences related to their major and career interests while earning a bachelor’s degree in the traditional four years, with no graduation delay. Gradu- ates are then ready to begin their careers with valuable, Rocky Horror applicable work experience under their belts. “This program has been in the works for many months at the request of students and employers. We are very pleased to be offering now what we believe will give a new ad emailed tremendous advantage to engineering students and meet the needs and expectations of industry,” said Gary Hamme, Florida Tech vice provost for enrollment manage- ment. Benefits include major–related work experience, professional skill honing, co–op earnings, insight into one’s professional strengths, experience with the latest technolo- gies and expanding a professional network by building valuable relationships. Brevard County is home to the “fourth–largest high– tech work force in the nation” and to hundreds of scientific and technological companies, organizations and agencies. Many are close to Florida Tech’s Melbourne campus, but students will have opportunities to work with employers in all 50 states. Current co–op employers include Apple Inc., The Boeing Co., Florida Power and Light, GE, Harris Corp., Lockheed Martin, Microsoft, NASA, National Security Agency, Northrop Grumman, Raytheon, Siemens and United Space Alliance. The ProTrack Co–op program is open to students admitted to any College of Engineering degree program. For more information, visit www.fit.edu/co–op. BCC ‘Loan–Packaging’ workshop Oct. 22 The workshop “Loan Packaging” will be held from 5 to 7 p.m. on Thursday, Oct. 22, at Brevard Community College in Melbourne. The program will be conducted in the Parrish Student Center (Building 10, Room 112A). The instructor will present tips on how to package business– loan applications for a commercial lender. The session will cover an “overview of how to become successful in dealing with banks in today’s economy.” Other sources of funding also will be discussed, said Vicky Peake, director of the Florida Small Business Development Center at BCC in Melbourne. “We receive several inquiries daily asking about funding sources,” Peake said. “Securing funding for starting a business or for existing businesses is challenging today. All business owners need to know what it means to be ‘bankable.’ This roundtable is an excellent realistic presentation on funding options with an emphasis on bank lending.” The program is free of charge and open to the public. Reservations are required. For more information, call Sandy Pfrimmer at 433–5570 or 433–5572.

BREVARD BUSINESS NEWS / 12 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST Keiser University offers degree program in physician assistant FORT LAUDERDALE — Keiser University’s Gradu- ate School recently announced it is offering a master’s degree program in physician assistant, one of the fastest– growing health–care fields. The university has been awarded provisional accredita- tion by the Accreditation Review Commission on Educa- Newton tion for the Physician Assistant (ARC–PA). Provisional accreditation is the status awarded to new pick up BBN programs that meet the rigorous standards established by the ARC–PA. This program is an intense study of patient 10-12-09 care, theory, science and practice, combining didactic, laboratory and clinical study and experience. page 7 “Keiser University has a proven history of meeting the work force demands of our state and local employers,” said Belinda Keiser, vice chancellor for community relations and student advancement. “The access and affordability of quality health care in our nation is of the utmost concern for all Americans and it is our privilege to educate the FULL COLOR future physician assistants that will be part of the solution to some of the challenges facing our current system.” According to the U.S. Department of Labor, the employment opportunities are expected to grow for physician assistants by 27 percent through 2016. The first year of study covers basic sciences and clinically related didactic course work. The clinical year provides students with experience in emergency medicine, surgery procedures, obstetrics and gynecology, pediatrics, psychiatry, family medicine, internal medicine, and long– term care. “Students will come from a health–care background, seeking positions as members of a health–care team practicing medicine under the supervision of a physician in a variety of settings,” said Dr. Helen Martin, program director. This master’s degree is designed to meet the needs of students with regionally accredited baccalaureate degrees and appropriate required prerequisites. The deadline for application into Keiser University’s P.A. program for the January 2010 class is Nov. 2. Applicants may apply at www.keiseruniversity.edu, or contact Dr. Sabrina Mohammed toll–free at (888) 753– Courtyard Riverside Builders 4737). Planningpick a Corporate up BBN Meeting, not the closet WBBA to host Pancake Breakfast for PAL Seminar10-5-09 or Wedding? pick up BBN The West Melbourne Business Association will host its Consider the elegant surroundings of annual Pancake Breakfast to benefit the West Melbourne Police Athletic League on Nov. 7 at the Space Coast Early The Courtyardpage at 7 the Oaks 10-5-09 Intervention Center on Dairy Road in Melbourne. Tickets  Meeting space for 8 to 200 guests to attend the breakfast are $5 and can be purchased by  Wireless Internet Access page 3 sending an e–mail message to [email protected], or  High Definition Projector & Screen calling Arty Pagan at 723–8682. Local merchants are  Full Kitchen & Customized Meal Packages sponsoring this event and have donated gifts and services,  Valet Parking including a bicycle that will be raffled off to raise money  Beautiful Courtyard for the Police Athletic League. “Tough economic conditions have put a strain on the funding for the West Melbourne Uniform Mart Allied PAL,” said State Farm Agent Pagan, president of the West Melbourne Business Association. “We really need pick up BBN pick up BBN the community support now more than ever.” PAL participants range in age from 8 to 18. Visit 1800 W Hibiscus10-12-09 Blvd  Melbourne 10-5-09 www.westmelbournepolice.org/PAL.php for more www.TheCourtyardatTheOaks.com information. 321-327-2909page 7 page 3

OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 13 BBN DIGEST Gurvich to address association meeting The Brevard Chapter of the Aesthetic Association of Florida will meet at 6:30 p.m. on Monday, Oct. 19, at Beef O’ Brady’s, 724 S. Patrick Drive, in Satellite Beach. Maribeth Gurvich, a local sales consultant for gloProfessional, will be the featured speaker. She has worked in the pharmaceutical and aesthetics industry for several years and has owned and operated her own business in Orlando. For more information about the meeting, visit www.MyAAFL.org or call 369–9991. Horticulturalist to address group in Titusville Sally Scalera, horticultural agent with University of Florida/Brevard County Agricul- tural Center, will speak at a “Lunch with Nature” program at noon on Oct. 20 at The Imperial Plaza Enchanted Forest Sanctuary, 444 Columbia Blvd., in Titusville. This group meets the third Tuesday of the month with speakers that cover topics of interest for residents living along the East Coast, such as conservation, water management, and historical sites. This luncheon is offered by Brevard County Parks and Recreation Department’s Environmen- new ad emailed tally Endangered Lands Program. Contact Andrea Chestnut at 264–5105 for further information. ‘Women’s Day Extravaganza’ at One Senior Place FULL COLOR One Senior Place in Viera will host its fourth annual “Woman’s Day Extravaganza” from noon to 4 p.m. on Tuesday, Oct. 20. The presentations will include “Cloth and Culture,” a conversation about the worldwide travels and philanthropic efforts of multi– faceted octogenarian Ruth Funk of the Ruth Funk Center for Textile Arts at Florida Tech. Rebecca Porter of Wherever Wellness will present an interactive approach to maintaining good health and fitness as women age, and Dr. Rebecca Hunton will discuss the roles of women throughout their lives, as caregivers, homemakers, mothers, and friends. One Senior Place is at 8085 Spyglass Hill Road. For more information about the event, call 751–6771 or visit www.OneSeniorPlace.com. ‘Emerge into Leadership’ event planned United Way of Brevard’s Emerging Leaders group invites young professionals to join them for the organization’s second annual “Emerge into Leadership” event. The program is being sponsored by Florida Tech and Rockwell–Collins and has been scheduled for 6 p.m. on Tuesday, Oct. 20. The event is free of charge and limited to the first 100 responses. Guests will gather in the Hartley Room on the Florida Tech campus in Melbourne. The Hartley Room is located on the second floor of the Denius Student Center. Dr. Anthony Catanese, president of Florida Tech, will be the keynote speaker. To RSVP for the function, call Debbie Flynn at 631–2740 or send an e–mail [email protected]. Titusville Chamber ‘On–Target’ seminar series The Titusville Area Chamber of Commerce will present its monthly “On Target” seminar series from 11 a.m. to noon on Oct. 21 at the Fairfield Inn & Suites by Marriott/ KSC, 4735 Helen Hauser Blvd., in Titusville. There is no cost to attend, but reservations are required. The featured speaker will be Susan Blakeslee with Vitas Innovative Hospice Care of Brevard County. She’ll discuss how to be an “effective communicator.” To register for the program, call Emma at 267–3036 or send an e–mail message to [email protected]. Cabana to address Chamber luncheon The Titusville Area Chamber of Commerce will host a luncheon featuring Kennedy Space Center Director Robert Cabana at 11:30 a.m. on Oct. 23 at Royal Oak Resort and CAG Golf Club in Titusville. The cost to attend the luncheon is $15 for Chamber members and $20 for guests. Reservations may be made by calling 267–3036 or by visiting pick up BBN www.titusville.org, click on “calendar of events” and then “Chamber events.” The luncheon sponsors are Savings Safari and Royal Oak Resort and Golf Club. Contact Emma at the 9-14-09 Chamber for more details. BSO North Guild benefit set for Titusville page 18 The North Guild of the Brevard Symphony Orchestra will host a “Gala Cocktail FULL COLOR Evening” benefit from 6 to 9 p.m. on Friday, Oct. 23, at the Titusville home of Janet Makarevich and Ann–Marie Brush. The theme of the event is “BSO’s Musical Journeys Season Opener.” This is the North Guild’s first fund–raiser of the season. All proceeds will go to support the orchestra. The cost of admission is $30 per person and reservations are www.cag-architects.com required. Members, guests and friends of the BSO North Guild are welcome to attend the function. For more information or to make reservations, call Brush at 385–1513, or visit http://nbbd.com/npr/northguild.

BREVARD BUSINESS NEWS / 14 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN DIGEST Creative Networks Innovations event Oct. 22 CNI has partnered with Cisco, i–Tech, and TW Telecom to host a free business– solutions seminar from 8:30 to 11:30 a.m. on Thursday, Oct. 22, at Creative Networks Manage your money without leaving Innovations Inc.’s headquarters, 6905 N. Wickham Road, in Melbourne. The topics will include disaster recovery, virtualization, data–center solutions, and cloud computing. your desk. Another way your business CNI will show how it can play an important role in helping to “increase your business’ resiliency in the areas of networking, co–location and disaster–recovery solutions.” The can get greener overnight. event will end with a tour of CNI’s state–of–the art data center. To reserve your seat for the seminar, visit www.TheTechnologySeries.com or call Joanne at 259–1984. Introducing LifeGreen Checking and Savings for Business. Florida Tech humanities lecture scheduled Oct. 22 As part of Florida Tech’s Humanities Lecture Series, Claire Strom, the Rapetti– LifeGreen® Checking and Savings for Business is helping businesses t
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information, call 674–8082. ‘Harvest Nites’ set for downtown Titusville Come discover, as over 8 million customers across 16 states have, that you can expect more financial stability and security from Regions, and the peace of mind that comes with it. The Titusville Area Chamber of Commerce will present “Harvest Nites Art FULL COLOR Explosion” from 6 to 9 p.m. on Oct. 23 in downtown Titusville. This is part of “TitusNites.” The event will feature a fresh produce market, a children’s pumpkin 1.800.regions | regions.com patch, art and craft vendors and hayrides. Bring a canned food item to benefit North or visit a regions branch today Brevard charities. Call Gina at the Titusville Chamber to sign up to participate as a vendor or with any questions on the event. Her number is 267–3036. © 2009 Regions Bank. All deposit accounts are subject to the terms and conditions of the Regions Deposit Agreement. Minimum opening deposit required. See individual account disclosures for details. A monthly automatic transfer of funds of at least $10 from your Regions Checking account to a LifeGreen Savings account for the entire year is required to earn a 1% interest rate bonus. The bonus is based on the average monthly balance in your LifeGreen Savings for Business account for 12 months and paid on the anniversary of account opening. Maximum annual Astronomy lecture to explore light pollution bonus of $250. Regions Quick Deposit is subject to the Regions Quick Deposit Service Schedule. Florida Tech’s Astronomy and Astrophysics Public Lecture Series will present “Lighten up on Lighting: Going Green in the Dark” on Oct. 23 at 8 p.m. The free lecture, in the F.W. Olin Engineering Complex (Room EC118), will be presented by Dr. Terry Oswalt, head of the Florida Tech Department of Physics and Space Sciences. Everyone knows about wasting air conditioning or heat or water. But, what about One team, wasting light? Dr. Oswalt will discuss light pollution, the unnecessary lighting that represents an enormous amount of wasted energy. “Poor outdoor lighting wastes twice as strong. electricity and the fuel burned to create it contributes to the carbon dioxide load on the Earth’s atmosphere. Lighting fixtures commonly used by businesses and houses cast Wachovia Securities is now part of Wells Fargo. Together, we form as much as 50 percent of the light skywards,” said Oswalt. “Some outside advertising a team that has successfully navigated fl uctuating economic times and volatile lighting wastes as much as 80 percent! Would you allow your own electric bill to be markets on behalf of our clients. Both companies have a proud history and have been that much higher?” The F.W. Olin Engineering Center is located on University recognized for our outstanding performance and exceptional client service. In fact, Wells Boulevard. Call 674–7207, or visit www.fit.edu/aapls for more information about the lecture. Fargo was once again namedBedor as one of Barron’s* & Silvernail Most Respected Companies in the world. We are fully invested in your fi nancial success and are prepared to guide you each step Barnes & Noble to host ‘Halloween Storytime’ along the way. Now, more than ever,pick you can up rely onBBN the strength and stability of our team. Barnes & Noble in West Melbourne will host a special “Halloween Storytime” event at 11 a.m. on Oct. 24. Children are encouraged to wear their costumes to the celebra- 9-07-09 tion, which will feature a Storytime with a “black–cat theme,” activities, café treats and a costume parade. “We fell in love with the picture book ‘Black Cat Creeping’ by Teddy page 14 Slater, and chose it as our featured title for Halloween Storytime,” said Sarah DiFrancesco, Barnes & Noble’s director of community relations. “It’s the perfect INVESTMENTS • RETIREMENT • PLANNING Halloween title for the toddlers who love our Saturday morning Storytimes, not too If today’s markets have you second-guessing your investment plan, scary, but full of fun Halloween lore.” Barnes & Noble is at 1955 W. New Haven Ave. talk withFULL one of our Financial COLOR Advisors today. The event is free of charge and open to the public. Tom Bedor, CFP® Betts Silvernail ‘Pink Ribbon Walk’ Oct. 24 at Port First Vice President – Investment Offi cer First Vice President – Investment Offi cer 7925 N Wickham Road, Suite A, Viera, FL 32940 The American Cancer Society’s “Pink Ribbon Walk” to benefit breast cancer will be (321) 255-2330 held at 8 a.m. on Saturday, Oct. 24, at Port Canaveral. The event is part of Port Fest 2009, sponsored by the Port Canaveral Association and a host of area businesses. The Investment and Insurance Products: X NOT FDIC Insured X NO Bank Guarantee X MAY Lose Value festival will close with a fireworks show at 9 p.m. For more information about the event *As seen in Barron’s on 9/8/2008. Barron’s is a registered trademark of Dow Jones. Wells Fargo Wealth Management Group provides fi nancial products and services through various banking and to register for the “Pink Ribbon Walk,” go to visitportcanaveral.com. and brokerage affi liates of Wells Fargo & Company, including Wells Fargo Investments, LLC (member SIPC). ©2009 Wells Fargo Bank, N.A. All rights reserved. Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affi liates of Wells Fargo & Company providing certain retail securities brokerage services: Wachovia Securities, LLC, and

OCTOBER 19, 2009 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 15 BBN DIGEST Sutton Properties closes office, retail lease deals Sutton Properties, one of Brevard County’s largest real-estate development companies, recently announced it has closed a number of office and retail leases involving properties it owns and manages in Melbourne and Palm Bay. Kathy Brown, Cort Sutton and Fred Sutton of Sutton Properties handled the lease transactions. ing nickel an In Melbourne at the Prospect Building, the lease contracts included these businesses: be d d Accelerated Savings, personal finance specialists; World Equipment Finance and Leasing; of im B&C Financial Group Inc., a firm that sells property–management books and software; ed ed and Jeanette Westlake, an acupuncturist. ir ? In Palm Bay at Woodlake Office Park, these lease transactions were executed by T Sutton Properties: Harbor City Counseling (Building 4630), Direct Mortgage Group Inc. (Building 4650), The Needles Eye Tailoring (Building 4670), Serenity Movement Therapy (Building 4670), O’Neill & Associates (Building 4680), Yellow Umbrella (Plaza I), BCK Seacoast National Bank Insurance Specialist (Plaza I), Thrifty Quality Produce Inc. (Plaza III), Caribbean Management Solutions (Plaza III), and Brevard Caribbean American Sports & Cultural pick up BBN (Plaza III). Sutton has more than 1 million square feet of properties in Brevard, including the 10-12-09 county’s largest rental–apartment complex, the 462–unit Woodlake Village Apartments . on Palm Bay Road. G page 13 ng For more information on office and retail space available at these properties, contact e ki Sutton at 725–1240 or send an e–mail message to wooklakevillage.com for apartment t F ec information. ree s Ch Busines Homebuyers’ Credit Continued from page 1 Keep your money where it belongs, in your pocket. $150,000 if you’re married. If you earn more than that, you can still take advantage of the With Seacoast Free Business Checking you get all credit, but at a lesser amount. The credit phases out entirely at $95,000 for unmarried homebuyers and $170,000 for married couples. this delivered by a Seacoast professional working If you want to use the tax credit to pay for upfront home–buying costs, you must have a with you to keep your business growing: mortgage insured by the Federal Housing Administration. You can find a list of such mortgage programs at www.hud.gov. Still, Realtors worry that first–time buyers will wait too long to complete the closing process by the Nov. 30 deadline. If you’ve met all of the requirements, familiarize yourself ƭș1##ș42(-#22ș!'#!*(-%ș with the two options available for monetizing your tax credit. ƭșș1##ș4/ș3.șƕƎƎș!'#!*2ș.1ș"#/.2(3#"ș(3#,2ș First, the most common way is accomplished through secondary financing, in which certain government or nonprofit organizations like state housing finance agencies can give ƭșș1##ș.-+(-#ș -*(-%ș -"ș (++ș/ 8ș you a short–term bridge loan and place a second lien on your home. Then, you would pay ƭșș1##ș(2 Ǣș42(-#22ș'#!*ș 1"ș it off with the refund you receive after filing for the credit on your 2009 income tax return. The other option for monetization is the purchase of the tax credit. In this scenario, the ƭșș42(-#22ș . -2ș -"ș (-#2ș.$ș1#"(3ș homebuyer assigns the credit to a lender. This option can be used by for–profit, FHA– ƭș #1!' -3ș#15(!#2ș approved lenders, as well as some government or nonprofit organizations. “You sign a form that the lender provides for you that forfeits your right to the credit, ƭș1# 2418ș - %#,#-3ș#15(!#2ș and they will file the credit on your behalf for them,” says Edward Collins, a wealth ƭș#,.3#ș#/.2(3ș /341# adviser at Artisan Wealth Management in Lebanon, N.J. If you choose to sell your tax credit, additional restrictions apply. Homebuyers who take this option can’t use the money from the sale of the credit toward the minimum 3.5 Call Seacoast, it won’t cost you a dime. percent down payment that is required for FHA loans. However, they can use it to increase their down payment above 3.5 percent. “So if you want to come up with more down and reduce your monthly payment a little, this would be one way to do it,” Collins says. Lastly, a tax credit purchase may be subject to nominal administrative fees of no more than 2.5 percent of the amount of the credit. Once you know how the monetization of the federal housing tax credit works, it’s time Feel good about your bank to find an organization that participates in such a program. State–chartered groups are dedicated to affordable housing, and a growing number of 666ƥ2# !. 23- 3(.- +ƥ!., them are beginning to offer monetization programs. As of mid–July 2009, 13 state housing agencies offered tax–credit loan programs: Colorado, Delaware, Florida (began Aug. 1), Idaho, Kentucky, Massachusetts, Missouri, Nebraska, New Jersey, Ohio, Texas, Tennes- ƖƗƏƏș *#ș
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5#-4#Ʀș(#1 șșșƭșșșƖƑƕLjƐƓƓƎ see, and Virginia. Be aware that each state agency has its own requirements. ƕƕƎƎș 411#++ș. "Ʀș(#1 șșșƭșșșƗƕƏLjƕƖƖƕ Under HUD’s requirements, housing finance agencies that serve certain cities or communities may issue tax–credit loans or purchase tax credits from homebuyers, but finding one that offers such a program may be difficult.

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BREVARD BUSINESS NEWS / 18 Call Adrienne Roth at 321-951-7777 for Advertising Information OCTOBER 19, 2009 BBN SPECIAL FOCUS The Coy A. Clark Co. Continued from page 1 Arkansas more than 35 years ago to take a position has a project architect for the center. The Melbourne firm is run in a cozy atmosphere with lounge chairs and Wi–Fi access. school principal and ended up a real–estate developer. He by longtime businessman Dave Menzel. The menu includes Latin specialties. has a master’s degree from the University of Mississippi. “MAI has done numerous projects for our company over l BEACHSIDE PHYSICAL THERAPY. The eight– Over the decades, through up–and–down market cycles, the years and we’ve always been pleased with the results,” year–old, 50–employee business owned by Dr. Steve Clark developed numerous properties in Brevard, includ- Clark said. “We have a great working relationship. For this Ryland is expanding and relocating its Indialantic facility ing the Four Winds Riverfront Condominiums in the project, I asked Dave (Menzel) to put together some on Fifth Avenue to the Seaside Centre. At Seaside, Melbourne Harbor, Baytree Golf and Country Club, and concepts and we began hitting the pavement talking to Beachside Physical Therapy will occupy 7,000 square feet, Reflections on the River, an office building in Melbourne. tenants about our vision for the redevelopment of the Clark said. The new site will have an additional 1,300 He has been active in redevelopment, too, changing the property.” square feet of treatment space, as well as showers and a face of run–down business districts and neighborhoods in MAI worked closely with Michael Maguire, president of locker room for those clients who need to freshen up before the county. Clark said businesses and neighbors in the The Coy A. Clark Co. He guided the redevelopment effort returning to work. The Seaside location will employ nine area of his Seaside project “are extremely pleased with the from the “conceptual to the design to the financing, and people. Ryland, who has a doctorate degree in physical transformation the center has made. It’s a drastic change managed the construction,” said Clark. “He played a very therapy from Boston University, founded the business in from what it was.” big role in making this project happen.” 2002. He has successfully opened five additional facilities After taking ownership of the property in 2004, Clark Businesses are embracing Seaside Centre, a sharp– in South Brevard over the past seven years. considered a number of development options for the center. looking plaza that features first–class office space. “I’m l NIKI’S RAINBOW RESTAURANT. Owner Sam Azo At the time, the commercial real–estate market was excited because the center is almost 100 percent leased. currently operates a Niki’s in Satellite Beach. The popular soaring with investor money. He was looking to attract That’s a huge accomplishment in today’s market. As a eatery is expanding and opening a second location at Publix Super Markets as an anchor for the center. But that company, we pulled together all the expertise we could to Seaside Centre. Azo has been in business for 17 years. The didn’t work out. Clark also considered building upscale get the project leased. Cheri Spinazzola (The Coy A. Clark company has 12 employees. The restaurant’s menu townhomes on the site. Co.’s leasing and marketing agent) led the effort and includes Greek/American dishes, including stuffed “I tried to rezone the property to multifamily when the played a big part in its success,” Clark said. cabbage, meatloaf, and pot–roast. market for townhomes was growing and the demand was The Seaside Centre is managed on a day–to–day basis l MIMA. The multispecialty physician practice is on the rise in Brevard. But the county commission, in its by Brigham Clark, Coy Clark’s son. The University of relocating its office on Fifth Avenue in Indialantic to the wisdom, denied me the zoning, unjustly, I thought, but Central Florida graduate joined his father’s firm a couple Seaside Centre. MIMA, headquartered in Melbourne, will thank goodness they did. Everything happens for a reason, of years ago. occupy 12,400 square feet at its new location but I couldn’t see it at the time,” he said. Only two 900–square–foot suites remain at Seaside l ELAINE M. NORTON, CPA. The 25–year–old Clark then purchased a Hampton Inn & Suites Centre. The Innovation Center is the anchor tenant and certified public accounting firm caters to families and franchise. He said he completed the engineering, architec- employs 200 people at the location. The business is an small to midsize businesses. Norton was raised in the ture, and permitting requirements for the hotel, but engineering and design center for Raytheon Corp. Sunshine State and is a graduate of Florida Atlantic “pulled the plug on the project at the last minute because Here are profiles of some of the businesses operating or University. She has been a CPA in Florida since 1983. about 800 hotel rooms were set to go up in the county.” about to open at Seaside Centre: Norton worked as an auditor for an international account- He shifted the property’s focus to an upscale office and l PANITA BAKERY AND CAFÉ. This upscale ing firm before becoming an entrepreneur in the profes- retail center, which has turned out to be a winner, as business is moving from Miami and soon will be opening at sion. businesses have signed on as tenants. “I think we are the center. Panita, a family venture with 10 to 12 employ- “We’re pleased with the mix of tenants at Seaside fortunate, because we have found a pocket and a need on ees, specializes in all kinds of baked goods, from “soft and Centre,” said Clark, whose company is currently focused on the beachside.” gooey” cinnamon rolls to freshly baked breads and asset management and value preservation rather than on The Coy A. Clark Co. hired MAI Design–Build as the sandwiches. Panita will offer breakfast, lunch, and dinner new acquisitions in the commercial real–estate market.

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