An uneven geographical recovery means some markets may be nearing cyclical peaks, while others have months and months of headroom.
Source: www.builderonline.com
Florida has 5 of the top 10 metros for Job Growth in the United States, including 3 of the top 4. These strong demographic trends continue to underscore why Florida is one of the leading states for real estate investors of both residential and commercial asset classes.
Workforce is key to the company’s success, a top executive says. VIDEO
Source: www.bizjournals.com
More companies continue to bring high paying jobs to the Tampa Bay area. Johnson & Johnson’s Global Services Center currently houses about 250 workers at an 88,500-square-foot facility at 8800 Grand Oak Circle in the Hidden River Corporate Park. The company expects more than 500 workers there by 2020.
One of the city’s most watched real estate developments is moving forward.
Source: www.bizjournals.com
Ascentia Development Group received preliminary approvals for a 24-story tower with 71 units at 3401 Bayshore Boulevard in Tampa, Florida. The units are expected to average nearly 3,000 square feet and average more than $1,000,000 each.
ST. PETERSBURG — A South Florida company has started work on a 218-unit apartment building in St. Petersburg’s increasingly vibrant Edge District.
Source: www.tampabay.com
Bainbridge Companies recently closed on 2.04 acres for $5 million in at 930 Central Avenue in downtown St. Petersburg in the emerging EDGE District. The 5-story project will offer 218 units.
Richman Group, based in Connecticut, has proposed a 218-unit apartment complex at 808 N. Howard Ave., in the North Hyde Park area. The rezoning request details a five-story building built around a five-story parking garage on the 2.8-acre site bound by Howard Avenue to the east, Armenia Avenue to the west, West Lemon Street to the south and West State Street to the north.
Source: www.bizjournals.com
The Richman Group has proposed a 218-unit apartment complex in Tampa at 808 N. Howard Ave., in the North Hyde Park area. The rezoning request details a five-story building built around a five-story parking garage on the 2.8-acre site bound by Howard Avenue to the east, Armenia Avenue to the west, West Lemon Street to the south and West State Street to the north. The hearing for the approval is August 11, 2016.
Source: rebusinessonline.com
A $62.7 million, 230,000-square-foot research and education facility on the Johns Hopkins Medicine All Children’s Hospital campus in St. Petersburg to be built and will include 30,000 square feet of research and laboratory spaces and 30,000 square feet of educational space, which will feature a 400-seat auditorium. The project will also have 50,000 square feet of offices and administrative spaces, a 20,000-square-foot collaboration space and a “biorepository” — a repository of biological materials. More than 200 professionals will occupy the building, which will house the hospital’s Maternal, Fetal & Neonatal Institute; Heart Institute; Cancer & Blood Disorders Institute and the Institute for Brain Protection Sciences. The property is expected to deliver in 2018.