Townhomes Take Off

Lennar’s Tampa Bay division sees a rise in popularity of attached homes.

Source: www.builderonline.com

Lennar has expanded their urban high density for sale residential product to a townhome project called West End in the North Hyde Park area of Tampa, Florida.

Atlanta Braves unveil Sarasota spring training complex – Tampa Bay Business Journal

The $75 million to $80 million complex would have 9,000 seats.

Source: www.bizjournals.com

The Atlanta Braves unveiled plans Tuesday for a new $80 million spring training complex in Sarasota County.

 

The Braves indicated the team would have a 30-year lease and begin playing at the 9,000-seat facility in 2019. The Braves will operate the facility year-round, for spring training and for a club baseball academy.

 

This is a great addition to the county and will help support a variety of commercial, hospitality and residential properties.

Vertica Commercial Advisors Closes Florida Fractured Condo Community

Vertica Commercial Advisors (VCA), a subsidiary of Tampa based Vertica Partners, has arranged the bulk sale of 252 of 453 units in the Crosswynde condominium community located at 1502 Marsh Cove Court in Tampa, Florida for $28,335,097 ($112,441/unit or $105/sf). The community was a failed…

Source: www.tampabaynewswire.com

Vertica Partners / Vertica Commercial Advisors sold the Crosswynde condominium community in Tampa for more than $28 million.

Amazon adding 100,000 jobs in U.S. over next 18 months – Puget Sound Business Journal

Amazon has 40,000 employees at corporate offices and fulfillment centers in Washington state. Once the company completes its expansion of its Seattle headquarters, Amazon will have more than 30 buildings covering over 10 million square feet in the city’s downtown core.

Source: www.bizjournals.com

Amazon plans to increase its full-time US workforce to more than 280,000 by mid-2018 from 180,000 in 2016.   The largest increase of these employees will be in its fulfillment centers across the country in such places as Ruskin, Florida, a Tampa suburb.  This will have great benefits locally for housing, apartments and retail.