Firing on all cylinders

Gulf Coast's commercial real estate growth and positive momentum show few signs of abating in 2020.


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  • | 6:00 a.m. January 10, 2020
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COURTESY RENDERING — Water Street Tampa, a planned $3 billion development from Strategic Property Partners, intends to deliver several new office towers to downtown Tampa in the next two years.
COURTESY RENDERING — Water Street Tampa, a planned $3 billion development from Strategic Property Partners, intends to deliver several new office towers to downtown Tampa in the next two years.
  • Commercial Real Estate
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After a strong 2019 in which the region’s commercial real estate sectors displayed tremendous — and in some cases gravity-defying — growth, the industry along the Gulf Coast appears poised for another significant year across all sectors, experts say.

From apartments to industrial space, population growth, employment gains and transformational socio-economic shifts are expected to lift commercial real estate property types again in the coming year.

 

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