Demand for condominiums in downtown Tampa is on the rise — and driving up prices to the point that the urban core could see new construction within the next year.
The most encouraging sign in the market is so few units up for sale, said Dave Traynor, development services director with Smith & Associates Real Estate in Tampa.
“When only 4 percent of the total market is for sale, that’s a big deal,” Traynor said. “The majority of that is in Grand Central. If you take away the units from Grand… …read more