St. Pete expands regulations for accessory dwelling units
The decision to allow more neighborhoods to qualify for ADUs comes as the city is in the midst of a housing crisis.Original Article
Tampa City Council votes against declaring a housing state of emergency
Tampa City Council voted Thursday against moving forward with declaring a housing state of emergency. Joseph Citro, Guido Maniscalco, Charlie Miranda and Luis Viera voted against directing the city's legal staff to draft an ordinance declaring the emergency. Orlando Gudes and Lynn Hurtak voted for it; Bill Carlson was absent. Without a housing state of emergency, a referendum on rent control can't proceed to the ballot in November. Florida Statute 166.043 prohibits rent control unless an emergency…Original Article
AutoTrader founder’s Tierra Verde property has sold for $10.45 million
A Tierra Verde estate with the largest waterfront footage of land available in the Tampa Bay area has sold to six buyers for a combined $10.45 million. The six lots, which total 2 acres and 680 feet of waterfront, span from 490 Laguna Drive to 501 Barcelona Drive. The property went to market in early 2021, listed for sale by Fallon Arnold and Jennifer Zales, both of Coldwell Banker Residential Real Estate. Arnold is the granddaughter of late AutoTrader founder Stuart Arnold, who started assembling…Original Article
New-home market ‘at a crossroads’ amid uptick in canceled contracts, incentives
Homebuilders across the U.S. are shifting their strategies and financial outlooks amid changing consumer demand for housing.Original Article
Report: Tampa offers less space than most major cities for $1,500
A new report from Rent Cafe, a nationwide internet listing service, found that Tampa is the nation’s third best mid-city for apartment dwellers (and 15th among cities of all sizes) for its local economy and quality of life. Still, it isn’t the best for those on a budget. However, the report also looks at how much space a renter could get for a budget of $1,500 a month, around the national average. Tampa ranks as one of the country’s worst for renters, according to the amount of square footage…Original Article
What new Treasury guidance for American Rescue Plan funds means for affordable-housing development
The U.S. Department of Treasury last week issued guidance intended to increase the ability of state, local and tribal governments to allocate American Rescue Plan funds toward boosting the supply of affordable housing in their locales.Original Article
Historic home relocation makes way for St. Pete boutique condo tower
The relocation of a historic home over the weekend has made way for the construction of The Nolen, a boutique condominium tower in downtown St. Petersburg. The 23-story tower will have 31 residences and is steps from The Vinoy Renaissance and North Straub Park at 136 Fourth Ave. NE. Relocating the home, built in 1912, from the property to a lot in the historic Round Lake neighborhood was a condition of city approval for the project. The condos are 65% sold, David Moyer of Smith & Associates Real…Original Article
Sarasota waterfront estate sells for record-breaking $17.5 million
The estate has set a record for the highest residential sale in Sarasota, Manatee and Charlotte counties.Original Article
Tampa Bay CEOs: Housing affordability, transportation are inextricably linked
Some of Tampa Bay's most influential business leaders recently discussed the opportunities and pain points of population growth.Original Article
First phase opened of hotel-turned-workforce housing in Pinellas County
The Pelican Lake Apartments will bring 183 workforce and affordable housing units to Pinellas County.Original Article