Tampa ranked among top 10 cities for residential remodeling
Residential remodeling in the United States increased by 9 percent from December 2014 to December 2015 and Tampa had some of the most activity in the country, according to a report from BuildFax. Tampa was ranked No. 6 for residential remodeling in the BuildFax report, which calculated the ranking by using construction records with more […]
Exclusive: Camden sells off multifamily development site in Westchase
A national player in the apartment market has sold off a development site in Tampa’s Westchase area. Houston-based Camden Property Trust (NYSE: CPT) sold nearly 6 acres adjacent to Camden Westchase Park to a buyer who plans to build a 120-bed senior living community there. The purchase price was $2.15 million. Vertica Commercial Advisors, a […]
Florida sweeps this home price index with largest price increases
Florida’s metropolitan cities are experiencing some of the the highest housing market growth rates in the country, according to the latest data by Jacksonville-based Black Knight Financial Services. The 10 metros that increased the fastest were all from Florida , according to the firm’s December price index released Tuesday. Sarasota (1.4 percent), Punta Gorda (1.3 […]
Inside Dr. Kiran Patel’s palatial Carrollwood estate, three years after breaking ground (Photos)
Past the strip centers, drive-thrus and cookie-cutter housing developments that define suburban Tampa, a palatial multifamily compound is rising above the Carrollwood landscape. Surya Estates, the formal name of Dr. Kiran Patel’s luxuriant residence, has been under construction since March 2013 on a 17-acre site about three blocks from the intersection of North Dale Mabry […]
41-story tower to break ground in downtown St. Pete
True to its word, Kolter Group is beginning construction on ONE St. Petersburg early. The South Florida developer said Monday that it will celebrate the groundbreaking of the 41-story condominium tower on Friday. Once completed it will be the tallest building in downtown St. Petersburg. “We are thrilled to begin building this iconic tower that […]
For real estate developers, Tropicana Field has the potential to be a home run
The first time Jim Cloar saw Tropicana Field, it was a bit of a head-scratcher. Cloar, a downtown revitalization consultant, was visiting St. Petersburg from Washington, D.C. in 1990. He was in town to give a speech, and a friend drove him past the stadium, which was then the Florida Suncoast Dome. “I looked at […]