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In this great post to read you should find seven interesting news items that are giving a boost to the Tampa Bay real estate market!
1. The first Crystal Lagoon in the US will open in 2018 in the Epperson Ranch community in Wesley Chapel.
Crystal Lagoon is a 7.5-acre man-made lagoon that contains 16 million gallons of purified water for swimmers, sunbathers and paddle boarders. It is the centerpiece amenity of the 2,000-home Epperson Ranch which occupies 7,800 acres of central and eastern Pasco County.
Because sales of newly-built homes in Epperson have been fast, the developer, Metro Development, has plans to build more communities with Crystal Lagoons. The second project is called Mirada, which is to be built also in Pasco County. It will have 5,800 homes and 900 apartments. The third will be in southern Hillsborough County’s Southshore Bay community.
2. Water Street Tampa
As many already know, Water Street Tampa is a $ 3 billion mixed-use community being developed by Strategic Property Partners (SPP) on more than 50 acres in the heart of downtown Tampa. SPP is a company controlled by Tampa Bay Lightning owner Jeff Vinik and Bill Gates’ investment fund Cascade Investment.
Water Street will develop new residential, office, retail, entertainment, cultural, educational, medical, park and public gathering spaces to connect existing community anchors that include the Tampa Riverwalk, Florida Aquarium, Tampa Convention Center, Amalie Arena and Tampa Bay History Center.
One of its main goals is to become the world’s first WELL-certified community, setting a new standard for wellness and sustainability.
3. 815 Water Street will be the first residential development in Water Street Tampa
It will consist of two towers: a 26-story condo tower and a 21-story rental tower. They’ll be connected by a lower building that will include a ground-floor grocery store and an open green space between the towers. The project, which will break ground in 2018, will sit at the intersection of Water Street and Channelside Drive, east of the Amalie
Arena and north of the Tampa Bay History Center.
4. University of South Florida’s new Morsani College of Medicine and Heart Institute
Construction of the University of South Florida’s new $ 153 million Morsani College of Medicine and Heart Institute in Water Street Tampa has started in September 2017. The medical school and cardiovascular institute will be a key anchor for the district. It will bring USF medical students closer to Tampa General Hospital, the university’s main teaching and clinical affiliate, and to the USF Center for Advanced Medical Learning and Simulation.
The USF medical school has received 6,000 applications in 2017, competing for just 170 spots. When the building opens in 2019, it will host an estimated 2,275 faculty, staff and students.
5. Tampa will host Super Bowl LV in 2021
For the fifth time, the city of Tampa will host the Super Bowl in 2021. It has hosted Super Bowl in 1984, 1991, 2001 and 2009. And for the third time, Raymond James Stadium will host the game.
In April 2017, the Tampa Bay Buccaneers launched its $ 150 million renovations to Raymond James Stadium with the number one goal of enhancing the game day experience for all fans.
6. Siemens Corp. and Chromalloy Gas Turbine Corp. will create 350 new jobs in Tampa
The two companies have decided to locate their new joint venture, Advanced Airfoil Components, at the Tampa Regional Industrial Park. They will invest around $ 139 million in a manufacturing facility that will make products that maximize gas turbine performance. Siemens already has around 5,200 employees in Florida’s I-4 corridor.
7. MetLife will add 430 high-wage jobs at its Tampa campus.
MetLife will invest $ 25 million to expand its Tampa operations and create more Tampa Bay jobs. Currently, it has more than 1,500 employees in Tampa. MetLife is a financial service company that provides insurance, annuities, employee benefits and asset management to individual and institutional clients.
More jobs and more businesses and institutions will mean more employees who can afford to buy Tampa Bay real estate properties.
The post Interesting Tampa Bay News appeared first on Tampa Real Estate Blogs – Tampa Homes Blog – Real Estate Market Trends.
Adding value to a home tends to be difficult to do. Once the interior is updated with quality upgrades and the landscaping looks nice, there does not seem to be a lot of ways to significantly boost a property’s value. However, one surefire way to do this is through the addition of more living space. But, instead of just adding an addition onto the home, consider adding functional, beautiful decking. An outdoor deck extends the amount of space within the home, providing homeowners with more ways to enjoy their property.
How Does a Deck Add Value to a Home?
According to a report from U.S. News, adding a wooden deck to a home will provide the property owner with about an 81 percent recoup of his or her investment. That’s a sizable amount of money added to a home’s value. More importantly, though, those who plan to sell their home in the near future will find this is a fantastic selling point.
People are spending more time at home. As a result, they want more ways to enjoy their home. Decks offer numerous benefits including:
- Space to relax and read a book or enjoy life in any way they would like to.
- Add space to entertain and have friends over.
- Add a way to unwind, such as with the addition of a hot tub or even a pool.
- Provides an opportunity to improve overall square footage—there’s more room for the family to spread out!
- Allows for more space to enjoy hobbies like gardening.
There are many benefits to adding a deck. However, it is necessary to pay attention to the details.
When building a deck, professional workmanship will play a big factor in the actual value added to a home. Experience matters here, but so does versatility. Homeowners who work with companies that can create exactly what they want and need can help ensure any investment is well worth it. For those who do not plan to sell a home, this space should fit their specific needs and lifestyle.
Working with a licensed and insured contractor is essential. Some projects can be done by homeowners, but building a deck requires an understanding of construction and permits and may require tools that a homeowner does not have. When selecting a contractor, choose one who knows the local area—and weather patterns—well. This helps ensure the deck can last a lifetime.
Materials Range Widely
When considering the process of building a deck, it is also important to think about the materials. Quality materials that can stand up to the weather and normal wear and tear ensure the deck provides long-lasting benefits. At the same time, property owners can invest in decking materials that are easier to manage, such as composite material. It is possible to choose from various woods as well.
Make It Functional for Your Life
Next, consider the functionality of the deck. A simple open space is one option, but it is not necessarily the only option. Having built-in seating adds a bit of character. Solar-powered lights can help to extend the use of the deck well into the night. The addition of a deck that wraps around a pool, a deck that provides storage, or one that offers a bit of shade with a covered top can all be well worth the investment. Choose the design and customizations that make this space ideally suited for the family that lives there. There’s no limit to the modifications and adjustments possible to create a space that fits a very specific need.
There’s no doubt that adding a deck onto a home is an excellent way to add value to that property when it is done professionally and with an eye for details. The right contractor can help with this by ensuring the property owner a wide range of options to choose from in both customizations and materials. Done well, this is an investment the homeowner needs to make just one time in their home, but it will provide years of beauty and function.
Do you think renters are moving to Tampa because they like the city? Or are they moving here only because it’s here that they got their desired jobs?
Apartment List Inc. has just made a study precisely to answer this question. And they found out that the percentage of renters moving to Tampa to pursue jobs is just about the same as the percentage of people moving here because they love to live here.
The study surveyed more than 20,000 Apartment List users who have made long-distance moves and grouped them into two: location-first movers and job-first movers. It focused on non-student renters who are currently living in a metro area where they have moved to.
Location-first movers are those that chose a city to move to before applying for jobs in that city
Job-first movers are those that applied for jobs in many cities, then chose a city based on the best job offer
Study results for Tampa:
Of renters who have moved to Tampa, 49.4% are job-first movers and 50.6% are location-first movers.
There are more location-first movers. This means that the city of Tampa is attracting more renters who choose Tampa to move to before looking for jobs.
On the other hand, if we look at the 1.2% difference between location-first movers and job-first movers as a slight difference, we can also say that people see Tampa as both a great place to live and also a great place to find job opportunities.
Of those people moving to Tampa either because of jobs or location, the percentage of those planning to settle down in Tampa is 43.4%. Of the job-first movers, 36.8% were planning to settle down in the city. Of the location-first movers, 50% were planning to settle down.
How does Tampa compare with 31 other US cities surveyed?
Top 10 Cities on the Job-First Movers List are:
Tampa is No. 8
1. San Jose, CA — 75.0%
2. Raleigh, NC — 59.4%
3. Washington, D.C. — 59.1%
4. Boston, MA — 55.1%
5. Houston, TX — 55.1%
6. Philadelphia — 53.7%
7. Seattle, WA — 51.5%
8. TAMPA, FL — 49.4%
9. Denver, CO — 49.3%
10. Columbus, OH — 48.6%
Note though that although Tampa is No. 8 on the Job-first movers list, there are more location-first movers among renters who have moved to Tampa.
Top 10 Cities on the Location-First Movers List are:
1. Las Vegas, NE — 81.8%
2. Phoenix, AZ — 68.8%
3. Portland, OR — 68.8%
4. San Diego, CA — 65.7%
5. Charlotte, NC — 63.9%
6. Minneapolis, MN — 63.1%
7. San Antonio, TX — 62.1%
8. Jacksonville, FL — 62.1%
9. Miami, FL — 60.0%
10. Austin, TX — 58.8%
TAMPA — 50.6%
The Top 10 Cities Where Renters Are Planning to Settle Down
Tampa is No. 9
1. Las Vegas — 63.0%
2. San Antonio — 62.1%
3. Charlotte — 57.6%
4. Phoenix — 48.0%
5. Dallas — 47.4%
6. Miami — 45.3%
7. Denver — 45.3%
8. Houston — 43.9%
9. TAMPA — 43.4%
10. Nashville — 34.2%
To the above Apartment List study, we add the following notes from other sources:
More Great Things About Tampa Below!
Why is Tampa No. 8 on the job-first movers list?
One major reason is Tampa’s fast-growing STEM job market. STEM means science, technology, engineering and math. Tampa ranks No. 38 in WalletHub’s Top 100 Cities for STEM jobs. The Apartment List study found that around 57.2% of renters with a bachelor’s degree were job-first movers, mostly looking for jobs in the technology sector, a fast-growing sector in Tampa.
In New Geography’s List of the Best Large Cities for Job Growth in 2018, the Tampa-St. Petersburg-Clearwater metro area is No. 20, the third best Florida metro area in the ranking, behind Orlando and Jacksonville. The Miami metro area is No. 29. New Geography based its ranking on the U.S. Bureau of Labor Statistics’ employment data in different industries from 2006 to 2018.
Is It Easy to Find a Job in Tampa?
If you have the skills required, yes.
In 2017, a total of 4,447 new jobs were created in Hillsborough County by 31 companies with nearly $ 507 million in capital investment. These direct jobs created are expected to add 1,201 indirect jobs and 1,817 induced jobs.
The most recent big-time corporate relocation to the Tampa area is by The Mosaic Company, the world’s largest integrated producer of concentrated phosphate and potash, which are vital plant nutrients. It employs more than 15,000 people in six countries and conducts all aspects of crop nutrition development.
Are Wages in Tampa competitive?
According to the Tampa Hillsborough EDC, Hillsborough County’s average annual wage of $ 50,768 is the second highest among counties in Florida. The county also posted the biggest increase in average annual wage from 2007 to 2016.
Why are location-first movers choosing Tampa? And why renters are planning to settle down in Tampa?
Tampa as a city has a lot to offer to renters in other states or cities looking for a place to move to. See these below:
1. Affordable housing.
Based on the Tampa Hillsborough Economic Development Corp.’s Cost of Living Index (COLI) report, the Tampa metro area has the lowest housing costs among metro markets in Florida and other major US metro areas.
2. Lower cost of living
Tampa ranks high on affordability lists. A study by GoBankingRates determined that Tampa is the 8th most affordable city in the country. It considered median home rent, groceries, utilities and transportation and compared these to the average household income.
Based on the COLI report, the Tampa metro area’s COLI is more than 5% lower than the national average. Its COLI is lower than that of other major metro areas like Orlando, Atlanta, Phoenix, Nashville, Dallas, Austin and Denver.
3. Plenty of masterplanned communities in and around Tampa
Masterplanned communities offer lots of amenities so that families and children do not have to go out of the community for their recreation needs, like nature parks, playgrounds, swimming pools, tennis and basketball courts, clubhouses, arts and crafts centers, and fitness centers with spas and gyms. They are often gated and often have water or nature preserves all around, adding security to the community. Some have A-rated schools within. Waterfront communities have boating and fishing areas and docks. Some waterways even connect to the Gulf of Mexico.
View here listings of available homes in masterplanned communities in the Tampa Bay area.
4. Plenty of world-class attractions
The list is long. Tampa has theme parks: Busch Gardens, Florida Aquarium, Adventure Island,
Tampa’s Lowry Park Zoo, Big Cat Rescue, Florida State Fairgrounds. Nearby in Plant City is Dinosaur World.
There are lots of museums: Museum of Science and Industry, Henry B. Plant Museum, Glazer Children’s Museum, Tampa Museum of Art, Florida Museum of Photographic Arts, Tampa Bay History Center, SS American Victory Memorial Museum, Cracker Country Museum, Ybor City State Museum
Historic places: Ybor City (Historic District, El Centro Español de Tampa, Columbia Restaurant, Jose Marti Park).
Ybor City was established in 1990 by the National Park Service as a National Historic Landmark District in recognition of its 1,000 historic buildings.
The Tampa Theatre was named to the National Register of Historic Places in 1978, is a Tampa City Landmark, and is a proud member of the League of Historic American Theatres and the Art House Convergence.
State Parks and other Parks: Hillsborough River State Park, Ybor City Museum State Park, Lettuce Lake Park, Curtis Hixon Waterfront Park, Julian B. Lane Riverfront Park, Hyde Park
Other popular places: Tampa Riverwalk, Manatee Viewing Center, Bayshore Boulevard, Sunshine Skyway Bridge, Amalie Arena, Raymond James Stadium, George M. Steinbrenner Field (formerly known as Legends Field), Tampa International Airport, University of South Florida & Sun Dome, University of Tampa, Hillsborough Community College
If your family wants Walt Disney World Resort and Universal Orlando Resort, the city of Orlando is just a quick drive from Tampa .
Beaches within Tampa: Ben T Davis Beach and Picnic Island Beach
Tampa is near top-rated and award-winning Gulf beaches: Honeymoon Island State Park, Caladesi Island State Park, Clearwater Beach, Sand Key Park, Belleair Beach, Indian Shores and Indian Rocks Beach, North Redington Beach and Redington Shores, Madeira Beach, Treasure Island, Sunset Beach, St. Pete Beach, Pass-a-Grille Beach, Shell Key Preserve, Fort De Soto Park, Egmont Key, Siesta Key Beach, Turtle Beach, Crescent Beach, Lido Key Beach and other Sarasota beaches. Get info on these beaches from the Visit the St. Pete Clearwater website.
Here’s a wonderful private-public-partnership-run website that offers guides on places to go and things to do in the Tampa Bay area: Visit Tampa Bay
Park Finder web app
Use this city web app to find a park by zip code or by what the park offers:
Tampa Park Finder
4. Lovely weather
Tampa enjoys sunshine most of the year with an average temperature of 73 degrees.
Residents don’t have to shovel snow or travel on ice during the winter. This is specially a great thing for retirees who no longer enjoy doing these tiring activities.
There are also studies that tout the benefits of sunshine for people prone to depression. Certain studies about seasonal affective disorder (SAD) found that the less sunlight during fall and winter reduces the production of serotonin, a chemical linked to brain pathways that regulate mood, and that darkness increases the production of melatonin, which can make people with SAD sleepier and more lethargic.
5. Water Street Tampa
Water Street Tampa is a $ 3 billion redevelopment project that will transform the skyline and image of Tampa. It will convert more than 50 acres in downtown Tampa into a live, work, study, play and visit community. Residences, hotels, office spaces, new and enhanced public areas, and new retail, cultural, educational and entertainment spaces will be integrated with existing anchors such as the Amalie Arena, the Tampa Convention Center and Tampa Bay History Center and Florida Aquarium. It will become the world’s first WELL-certified community under the WELL Community Standard.
It is being developed by Strategic Property Partners LLC, a partnership of Tampa Bay Lightning owner Jeff Vinik and Cascade Investment LLC, owned by Bill Gates.
How Many People Have Been Moving to Tampa?
According to the U.S. Census Bureau’s Metropolitan and Micropolitan Statistical Area Totals Dataset, there were 54,321 people who migrated to the Tampa-St. Petersburg-Clearwater metro area in 2017. Of this number, 40,596 came from other parts of the U.S. and 13,725 came from other countries. Compared to other U.S. metro areas, the Tampa Bay metro area was 10th in population increase over the one year period from 2016.
|Estimated Population in 2017||Total Migration in 2017||Domestic Migration||International Migration|
Yes, welcome to our new office!
We’re here at 228 North 11th Street, Suite 9, in the Channelside area, close to top Tampa attractions like the Florida Aquarium and Tampa Bay History Center and many exciting developments from two groundbreaking multi-billion projects, Water Street Tampa and Port Tampa Bay.
There’s the soon-to-open waterfront destination Sparkman Wharf, which will replace the Channelside Bay Plaza, and which will offer an outdoor dining garden with ten experimental dining concepts, a crafted-beer bar, a one-acre waterfront event space overlooking the Garrison Channel, lofts for incubator businesses and retail spaces.
Come and visit us and let’s help you find your dream home in the Tampa Bay area. Or if you’re selling your property, we can help you sell it. If you want to have a quick estimate of your home, you can get a report for free here: Your home value.
You can also contact us by email (firstname.lastname@example.org) or by phone (813-671-6657) or write us a note here on our Contact Page.
As we mentioned above, we’re also close to several top Tampa attractions! Here are the most wonderfully reviewed on Google that are closest to our office:
1. Florida Aquarium
Get up close to mostly Florida’s aquatic and terrestrial animals and ecosystems. The aquarium is a premium place to view wildlife, with its large simulated ecosystems, guest-friendly layout, 4-D theater, outdoor splash park, playground, food court, gift shop, all well-maintained and clean. There’s a bar where parents can relax while the kids play.
Florida Aquarium is in lists of Top Aquariums in the country, making it one of Tampa’s jewels.
Address: 701 Channelside Drive, Tampa, Florida 33602
2. Tampa Bay History Center
Enjoy three floors of interactive and entertaining exhibits and videos that can keep kids interested throughout. There’s the newly-launched Treasure Seekers gallery, where you encounter conquistadores, pirates and shipwrecks. Have lunch at The Columbia Cafe, buy souvenirs at the gift shop, or spend some time at the boardwalk. There’s also a playground and a biking area.
Address: 801 Old Water Street, Tampa, Florida
3. American Victory Ship Mariners Memorial Museum
Welcome to a one of only 4 fully-operational World War II ships in the country!
It’s included in the National Register of Historic Places. Explore the entire ship freely, its cavernous cargo holds, galley, weaponry, radio and gyro rooms, hospital, steering stations, flying bridge, wheelhouse, crew cabins, mess halls, lifeboats, cargo equipment, the engine and exciting exhibits. The ship will transport you back to the time when brave sailors fought the harsh seas to bring ammunition, materials and goods to their comrades around the world.
Address: 705 Channelside Drive, Tampa, Florida 33602
4. Amalie Arena
Enjoy big concerts, events, conferences and Tampa Bay Lightning games here!
The arena is among North America’s top venues, hosting more than 150 events every year. It has party decks and bars, 69 suites, suite catering, three decks and seven separate levels, and in-arena dining concepts.
Address: 401 Channelside Dr, Tampa, FL 33602, USA
5. Cotanchobee Fort Brooke Park
Here’s where you can relax in the middle of busy downtown Tampa, a lovely park with nice views of the water, which is the Garrison Channel that connects to the Hillsborough River. It’s between the Tampa Bay History Center and the Marriott Waterside Hotel and right across the Amalie Arena. It has a playground, pier, jogging path, a canoe launch area and it’s dog friendly. Just walk to the popular Columbia Cafe for dining.
Address: 601 Channelside Drive, Tampa, Florida 33602
Historical background: http://tampahistorical.org/items/show/40
6. The Tampa Riverwalk
See 2.4 miles of what’s Tampa is all about along the Hillsborough River!
Our office is near the current southern terminus of the Riverwalk, which is the South Plaza.
From this southern end, you see the Florida Aquarium and the currently being-developed Sparkman Wharf project. You walk on to see the Tampa Bay History Center, Cotanchobee Fort Brooke Park, Amalie Arena, Marriott Waterside Hotel, Sail Pavilion, Tampa Bay Convention Center, Gasparilla Pirate Ship, University of South Florida Park, MacDill Park, Kennedy Boulevard Plaza, Henry Plant Museum, University of Tampa, Curtis Hixon Waterfront Park, Glazer Children’s Museum, Tampa Museum of Art, David A. Straz Jr. Center for the Performing Arts, Water Works Park and Spring, Ulele, Tampa Armature Works, and the ongoing Heights Riverfront Project. There are lots to see — bridges, street underpasses, memorials, busts, buildings, restaurants, river docks.
See this web tour of The Tampa Riverwalk.
Address: Tampa, Florida 33602
7. TECO Line Streetcar System
Evoke feelings of nostalgia by riding the streetcar. It’s a great way to see things along the way from downtown Tampa to Ybor City and back that otherwise you wouldn’t notice if you’re driving a car.
From our Tampa4U office, we can just walk to the York Street station.
These below are other well-loved Tampa attractions — most are up north and northeast and the others are down south the Channelside area, where our office is located:
Address: 10165 North McKinley Drive, Tampa
Tampa Zoo at Lowry Park
1101 West Sligh Avenue, Tampa, Florida
Big Cat Rescue
Address: 12802 Easy Street, Tampa
Address: 10001 N. McKinley Drive, Tampa 33612
Museum of Science and Industry
Address: 4801 E. Fowler Avenue, Tampa
Florida State Fairgrounds
Address: 4800 US Hwy. 301 North, Tampa 33610
Located here is the Cracker Country Rural History Museum
(not open daily to the public)
Ballast Point Park
Address: 5300 Interbay Blvd., Tampa 33611
Henry B Plant Museum
Address: 401 West Kennedy Boulevard, Tampa
Glazer Children’s Museum
Address: 110 W Gasparilla Plaza, Tampa
Address: 711 Franklin Street, Tampa
Hyde Park Village
744 South Village Circle, Tampa 33606
Bayshore Boulevard in South Tampa
alongside the Hillsborough Bay
Tampa Electric Manatee Viewing Center at Apollo Beach
Address: 6990 Dickman Road, Tampa, Florida