There can be sticker shock when relocating from one city to another. When I tried to sublet an apartment in New York City for a summer internship, that shock left me a little worse for wear. Monthly rent in St. Petersburg was running me $700 a month. Monthly rent in Manhattan was going to cost […]
If it were based purely on demand, retail development would be cropping up all over South Tampa. But assembling the necessary acreage to accommodate new buildings and provide ample parking is next to impossible — which makes the Shoppes of South Dale all the more noteworthy. Paradise Ventures Inc., based in Safety Harbor, broke ground […]
A two-alarm fire broke out early this morning just after 5:30 a.m. at an apartment complex in the Town ‘n’ Country area of Tampa. Hillsborough County Fire Rescue crews are on the scene at the Captiva Club Apartments at 4401 Club Captiva Dr., according to ABC Action News.(See map below.) It is near Kelly Road […]
“Eminent domain is wonderful.” This is a recent quote from presidential candidate and billionaire developer Donald Trump. It’s a position he’ll have to defend within and outside his party. If you own real estate or just want to understand this political issue, you should know three things about eminent domain: How it worked for generations […]
Business economists downgraded their expectations for GDP growth next year to 2.7 percent, but most expect the Federal Reserve to start raising interest rates this December. That’s according to a National Association for Business Economics survey of 50 professional forecasters. Back in June, the panel had projected a GDP growth rate of 2.9 percent next […]
One gauge of the nation’s current economic health will start to emerge this week, as national and regional banks release their third quarter earnings. Here are three key indicators to keep an eye on, and why they matter to your business. Most banks are likely to say their loan portfolios grew in the third quarter, […]
A federal appeals court temporarily blocked an Environmental Protection Agency regulation that would subject more bodies of water to Clean Water Act permitting requirements. Opponents of the Clean Water Rule say it’s so broad that it covers certain types of ditches, ponds and streams that only flow when it rains. They contend the rule makes […]
A luxury townhouse development in downtown St. Petersburg has broken ground. Regents Lane, as the development is called, will consist of 20 townhouses at 141 Fourth Ave. N., about a block and a half from Beach Drive. Tampa-based NJR Property Investments LLC has reservations for five of the units, a spokeswoman said Friday. Those reservations […]
The number of construction permits pulled in the city of Tampa fell year over year in fiscal 2015, but the total dollar value rose by nearly $400 million. In fiscal ’15, 23,161 building permits (16,855 residential and 6,306 commercial) totaling $2.4 billion were pulled. In fiscal ’14, the city had a total of 34,500 permits […]
A Fort Lauderdale developer says he sees sustained demand for new development in Tampa for the foreseeable future. BTI Partners is gearing up to break ground on a 51-acre, mixed-use project on the Gandy waterfront, just south of the intersection of Gandy and Westshore boulevards. The first phase could break ground next year, though full […]