CNBC shines national spotlight on Tampa
Leave it to an investment manager to pull out a financial market analogy when describing his adopted hometown to the rest of the nation. “Tampa is like a value stock,” Tampa Bay Lightning owner Jeff Vinik, a former manager of Fidelity’s Magellan fund, told CNBC. “It really has not been found out yet. Business is […]
Related Group under construction on Harbour Island tower, wants to begin Tampa Tribune project ‘ASAP’
A Miami developer is under construction on a 21-story apartment tower and plans to move quickly to begin another major development in downtown Tampa. Related Group closed on the land for Manor at Harbor Island, at 402 Knights Run Ave., paying $12 million for the 1.27-acre site in a deal that closed in late February, […]
NEW YORK: The construction industry’s secret weapon
NEW YORK — Not many people can say they’ve walked in one of the Panama Canal’s empty chambers. But when Sarah Biser was invited to Panama to tour a new set of locks, she saw firsthand what could be accomplished through the construction contracts she facilitates. Biser leads the construction and infrastructure group at McCarter […]
K. Hovnanian Homes exiting Tampa Bay market
National home builder K. Hovnanian Homes is exiting the Tampa Bay market as well as Minneapolis and Raleigh, with plans to focus on markets where Hovnanian Enterprises (NYSE: HOV) has a higher market share. Ara Hovnanian, chairman, president and CEO of Hovnanian Enterprises, says the New Jersey-based company plans to exit both Raleigh and Minneapolis […]
Broker: Expect condo construction in downtown Tampa in the next 12 months
Demand for condominiums in downtown Tampa is on the rise — and driving up prices to the point that the urban core could see new construction within the next year. The most encouraging sign in the market is so few units up for sale, said Dave Traynor, development services director with Smith & Associates Real […]
Momentum builds in Tampa’s North Franklin corridor
Jeannette Jason doesn’t want to get her hopes up. The Tampa real estate broker has been here before, on the threshold of a boom on the northern fringe of downtown Tampa. For all the grandiose visions and plans over the years, the brick-paved North Franklin Street is still moribund. But there are promising signs of […]