The operator wants to rebuild the existing restaurant on a larger site with expanded parking and drive-thru capacity.
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Many buyers signed contracts years ago, before construction was completed.
A state economic analysis predicted local governments could lose nearly $5 billion from Amendment 3's passage.
The organization uses the site to clean water from the Alafia River, Hillsborough River and Tampa Bypass Canal.
With the purchase, Watson’s is now overseeing locations in Tampa, Lakeland and Brandon.
With all 86 precincts reporting, Crist led 62% to 38%.
PCP Ventures plans to invest in manufacturing and expand the 75-year-old brand's reach beyond sewing and quilting.
The county has not disclosed why the proposals were rejected or whether it plans to reopen the bidding process.