EPA finalizes ‘waters’ rule; businesses say it will lead to more land use regulation
The Environmental Protection issued final regulations defining what bodies of water would be subject to Clean Water Act permitting requirements, upsetting business groups that contend the rule will expand federal control over how land is used. The EPA contends the Clean Water Rule simply provides more precise definitions are what types of waters are subject […]
New apartment development planned near West Shore and Gandy
A Tampa developer is planning a new apartment community just south of Gandy Boulevard. ABC Capital Corp. is asking the city to rezone a 2.8-acre parcel of land at 5320 South West Shore Boulevard, where West Tyson and West Pearl avenues intersect with the boulevard. The site is about a quarter mile south of the […]
New home sales jump in April, as do prices; is it time to build?
Good news for home builders and maybe for the economy as a whole: Sales of new homes increased nearly 7 percent in April to a seasonally adjusted annual rate of 517,000, according to the U.S. Census Bureau. That’s still a below-average rate historically, but it’s up 26 percent compared with April 2014. Plus, home builders […]
Tampa Bay Brewing Co. sets opening date for new facility
Just over a year in construction, Tampa Bay Brewing Co.’s new facility is set to open July 6. The 17,400-square-foot brewery/restaurant, built from the ground up, is located on Racetrack Road in Oldsmar, a quarter mile north of Hillsborough Avenue. “The major construction is done and we’ll soon be installing equipment and start landscaping,” said […]
Existing home sales fall while housing starts surge — what’s up with that?
Sales of existing houses unexpectedly fell in April, providing the latest bit of confusing data about the health of the housing market. The National Association of Realtors reports sales of single-family homes, townhomes, condominiums and co-ops dropped 3.3 percent in April to a seasonally adjusted annual rate of 5.04 million. The good news is that’s […]
Hot apartment market presents $375M opportunity for Landmark Apartment Trust
Landmark Apartment Trust Inc. wants to raise up to $375 million in an initial public offering of its common stock. A hot market for apartments is driving the IPO. Multifamily was the first sector of commercial real estate to grow post-recession, as people who lost homes to foreclosure or had damaged credit became renters, as […]