Tampa plans to issue another RFP for prime site near the West River redevelopment
The city of Tampa plans to once again seek proposals for an 18-acre, publicly owned property in the West River area — and this time, it's looking for developments focused on affordable housing, transportation and sustainability. Mayor Jane Castor on Wednesday announced the findings of her housing affordability task force and said the city was looking to re-issue the RFP. The city previously put an RFP on the street in February 2019; by April, it had rejected the four responses that were submitted. Before…Original Article
Another football coach is moving into the sprawling Tampa estate that former Tampa Bay Buccaneers head coach Lovie Smith once called home. The University of South Florida's new head football coach, Jeff Scott, and his wife, Sara, have purchased the home at 4901 Turnbury Wood Drive in Tampa Palms, according to Hillsborough County property records. The home sold for $2.5 million on Jan. 24, according to a deed filed Monday. USF named Scott their head coach on Dec. 9, just over a week after firing…
As older owners of mobile-home parks are retiring and selling up, big-name investors — from real estate investment trusts such as Equity Lifestyle Properties (ELS) to the Singaporean sovereign wealth fund GIC and large private equity funds such as The Carlyle Group and Apollo — have all begun buying mobile-home parks.
A recent report by Redfin found luxury home prices in Tampa and Sarasota rose over 20 percent in Q4 2019, while St. Petersburg’s fell over 13 percent. The Seattle-based real estate company looked at luxury home prices, counted as the 5 percent most expensive sold in the quarter, in over 1,000 U.S. cities, excluding New York. It compared the average price for luxury homes in Q4 2019 and Q4 2018 to determine each market's year-over-year growth in luxury home prices. Tampa’s luxury housing market…
Some developers and builders are balking at the fast rollout, saying they want to retain the option of using gas or simply believe the new rules are being put into action too quickly.
A recent report by Zillow found Florida’s housing market gained over $9.2 billion in value in 2019 alone. When tracked over the last decade, that number jumps to $111.2 billion. The area’s housing market value sits at $265.6 billion, according to Zillow. Only Miami had a larger total value, $658.1 billion, and larger decade increase with $269.1 billion added. Orlando also had a larger one-year increase than Tampa with $14 billion, compared to $9.2 billion. Tampa ranked second in all three metrics,…