Regent Bank recently helped celebrate the grand opening of CitySide Suites, a one stop business shop for small and mid-size businesses. CitySide Suites offers virtual office membership packages to assist both budding entrepreneurs and existing small business owners.
Partnering with the West Palm Beach Community Redevelopment Agency, Regent Bank has funded a number of loans to small businesses and property owners in partnership with the CRA. The Capital Improvement Grant Program supports projects that encourage economic development within the Northwest Neighborhood CRA area.
Regent Bank provided financing to The Family Enterprises, Inc. that enabled them to receive CRA grant funds to renovate their 5,000 square foot retail building located on Rosemary Avenue in West Palm Beach. CitySide Suites is located in this building, and both organizations are owned by the Studstill family. The completion of the building renovations has helped to fulfill a lifelong dream of the late Ulysee "Buddy" Studstill, the founder of The Family Enterprises, Inc. His vision for the rebirth of small businesses on Rosemary Avenue has been championed by Cora Perry, his sister, and by H. Darren Studstill, a former National Football League player and the nephew of Ulysee Studstill.
In addition to providing financial products and services, Regent Bank provides educational seminars to the local business community. The Bank will partner with The Family Enterprises, Inc. to present a series of free business seminars at CitySide Suites. As a true community bank, Regent Bank understands the importance of entrepreneurship and the vital role that small businesses play in the success of our local economy.
To learn more about CitySide Suites, please contact Cora Perry at 561-209-2770 or Darren Studstill via email at darren@citysidesuites.com.
Left to Right - West Palm Beach City Commissioner Jeri Muoio; City of West Palm Beach Mayor Lois Frankel; and West Palm Beach City Commissioner Molly Douglas.
Left to Right - NFL Player and West Palm Beach native Abe Elam of the Cleveland Browns; Former NFL Player and owner of CitySide Suites "Coach" Darren Studstill. City of West Palm Beach Mayor Lois Frankel in background.
Full House for the ribbon-cutting ceremony.