Downtown Tampa’s condo market tipping toward new construction
Downtown Tampa appears to be heading toward its next condominium boom, if prices can catch up with demand. About 4 percent of the downtown condo inventory — 85 units — is for sale, said Dave Traynor, a vice president of real estate and developer services with Smith & Associates in Tampa. That point in a […]
‘Are you guys for real?’ The credibility of Jeff Vinik’s billion-dollar real estate ambitions
When developer Bob Abberger took the stage at the Tampa Downtown Partnership annual development forum, it was to answer one question: “Are you guys for real?” As managing director of Strategic Property Partners, Abberger is on the front lines of Tampa Bay Lightning owner Jeff Vinik’s billion-dollar development plans. He said after his speech that […]
How real estate investors see downtown Tampa: ‘On a scale of 1 to 10, it’s a 6.5 to 7. It’s real, it’s happening’
There are two sides to a commercial real estate deal: The hard numbers that determine potential returns and the more emotional side — the story behind a market or property that convinces an investor to buy in. In downtown Tampa, the story side of the equation is evolving, said Mike Davis, executive director of the […]
Real estate brokers’ forecasts signal sector opportunities
“Standard retail first and second generation space continues to dwindle away as tenants are forced to search for less opportunities at higher costs.” David McComas, European Equities Corp. “The multifamily market will continue to outpace all other segments of the market.” John Burpee, NAI Tampa Bay “Steady increases in all asset types in both rental […]
Ambitious Ford’s Garage restaurant/bar concept revving up in Brandon
Ford’s Garage restaurant and bar has flourished in the Fort Myers area, where the name Henry Ford resonates because the auto magnate had a winter estate there. Now the owners are developing their third unit in a high-traffic area near Brandon Town Center, where Henry’s name doesn’t beep as many horns. “We did have that […]
Katherine Schwarzenegger on Dove, her parents and relating to Millennials (exclusive) (Video)
Author and lifestyle blogger Katherine Schwarzenegger often practices a public speech in front of her parents before going on speaking engagements. They know a thing or two about that. Schwarzenegger, an author and lifestyle expert, and daughter of actor and politician Arnold Schwarzenegger and journalist Maria Shriver, spoke to the Girl Scouts of West Central […]