Tierra Verde waterfront estate sells for $11.75 million

The six-bedroom home has views of the gulf and a plethora of outdoor amenities.Original Article

Q&A: Mayor Ken Welch on St. Pete’s ups and downs in 2022 and what’s ahead for 2023

St. Petersburg Mayor Ken Welch is wrapping up his first year in office — a year filled with headline-making decisions and significant shifts in the market. In the first 10 months in office, he led the charge for a hard reset. He canceled a proposal to redevelop the Municipal Services Center, rejected Moffitt Cancer Center’s project in downtown St. Pete, killed Dynasty Financial Partners’ plan to redevelop property near Tropicana Field and restarted the RFP process to redevelop the 86-acre…Original Article

Construction economist: How interest rates, economy will affect building industry in 2023

Especially on the for-sale housing side, the construction market is slowing in the wake of higher interest rates and concerns about a recession in 2023.Original Article

Go inside the 2022 Best Real Estate Deals event (Photos)

Over 250 people gathered for this year’s Best Real Estate Deals awards on Dec. 13 at Armature Works in Tampa. Now in its second year, the program recognizes Tampa Bay’s most prominent real estate deals and developments announced, completed or that broke ground between June 30, 2021 and June 30, 2022. It also honored the people behind the deals. The program had 31 honorees in 11 categories. These projects are set to transform the local economic landscape for decades. Over 100 nominations…Original Article

Tampa Bay’s Best Real Estate Deals are changing the region

The industry’s top projects and the people behind them are honored.Original Article

Best Real Estate Deals: Multifamily deals of the year

These are Tampa Bay's multifamily real estate deals of the year.Original Article

Best Real Estate Deals: Top reuse/rehab project

The renovation/rehab of The Oceanaire touched every aspect of the property, from grounds, common spaces, amenities and units.Original Article

Best Real Estate Deals: Top affordable housing project

The West River project provides an opportunity to rebuild and reconnect the community to the river.Original Article

Hillsborough County school property may be transformed into affordable housing

The Hillsborough County School Board has ushered in a plan to possibly transform school property into affordable workforce apartments as housing prices continue to put a strain on families’ budgets. Three development companies — Blue Sky Communities, Related Urban Development Group and Wire Development — will be tapped to redevelop unidentified school property should any be made available. Blue Sky’s apartments would be for families earning between 30% and 120% of the area median income,…Original Article

Here’s where Tampa Bay ranks among the most competitive rental markets in the nation

Florida became one of the hottest rental markets in the nation over the past year, and the latest RentCafe report shows that Tampa Bay was among the nation's best during this span. According to the report, 97.5% of apartments are occupied throughout the Sunshine State. Florida's population spiked over the past two years, placing five of the country's hottest locations for renters this year in the area. Tampa Bay ranked No. 17 in the nation behind other Florida metros such as Miami and Orlando…Original Article