Judge says Mattamy Homes can proceed with development in South Hillsborough
A rezoning to make way for hundreds of new homes was denied in 2021.
Author Archive for: DomresRealEstate
Entries by DomresRealEstate
Florida’s new affordable housing law may help developers activate inactive properties
Though there are still many details left to be work out, local developers say the new affordable housing plan opens the door to affordable housing development on parcels that have long been overlooked.
Jeff and Penny Vinik pick up another Palma Ceia home
Tampa Bay Lightning owner Jeff Vinik and his wife, Penny, have purchased a home that neighbors another property they own overlooking the Palma Ceia golf course. The Viniks closed on 908 S Golf View St. on March 24 for $5 million, according to Hillsborough County property records. The sale appears to be a private transaction; the 3,592-square-foot home on .41 acres was not listed for sale, according to the Multiple Listing Service. A mortgage for the transaction has not been filed, indicating that…
The homeownership gender gap is getting wider in the U.S. Here’s how Tampa Bay stacks up
While the gender gap is widening for homeownership nationwide, it's a different story in the Tampa Bay area.
Lennar selling townhouses in Moffitt-anchored Pasco community
Miami-based Lennar said it is launching sales of three townhouse collections.
Kolter Urban’s new Ritz-Carlton Residences, Sarasota Bay sees strong start for reservations
The company is finalizing approvals through the city and aim to break ground later this year.
Here’s what Florida’s new affordable housing law could mean for Tampa Bay
One day after Gov. Ron DeSantis signed a new affordable housing plan into law, Tampa real estate attorneys Elise Batsel and Jacob Cremer are fielding questions from developers they didn't expect to be interested in the new programs. The law provides $711 million to fund affordable housing initiatives and incentivizes mixed-income and mixed-use development with tax breaks and measures to shorten the timeframe it takes for projects to be approved by local municipalities. It also removes local restrictions…
Baby boomers overtake millennials as prime homebuying generation as first-time buyers get sidelined
Millennials are no longer the top generation buying homes, as a rapid increase in mortgage rates and other factors have sidelined a lot of first-time buyers since last spring and summer.
How these St. Pete YIMBYs are making the city’s new zoning policy a reality
Developer Will Conroy is already building the type of housing St. Petersburg hopes to encourage with its new zoning policy. Conroy, founder and president of St. Pete-based Backstreets Capital, has multiple projects under development throughout the city. Several include what advocates call “missing middle housing” — more affordable residences like duplexes, triplexes and quadplexes. Conroy said there’s high demand for that type of housing, and he expects more developers will soon embrace…
Affordable housing plan in Florida gets final approval
The bill would provide incentives for private investment in affordable housing and encourage mixed-use development in struggling commercial areas.