Experts says Tampa has tailwinds behind it

Despite a surge in growth, city's future prosperity and expansion seems probable, key report states

By Kevin McQuaid
| 6:00 a.m. February 8, 2019
| 0 Free Articles Remaining!

MARK WEMPLE â€” A ULI panel discussion moderated by Nancy Surak and comprising PwC's Mitch Roschelle, SPP's James Nozar, Bromley Cos.' Nicholas Haines, Red Apple Group's Robert Zorn and B+E Net Lease's Camille Renshaw.

Commercial Real Estate

Tampa Bay has cracked the Top 10 in a list of emerging U.S. cities with good overall real estate prospects for the first time in the 40 years since the annual ranking has been conducted, a recognition that the two cities’ leadership, developments, planning and Tampa’s enlivened waterfront are paying dividends in both population and job growth.

The joint Urban Land Institute and PricewaterhouseCoopers’ ranking, based on more than 2,400 interviews and various other criteria, put Tampa Bay at 10th nationwide in its Emerging Trends in Real Estate report.

Tampa Bay came in just behind Charlotte, N.C., and six spots behind Orlando, the only other Florida city to crack the list’s Top 10. The Dallas/Fort Worth area ranked as the top 2019 emerging metropolitan area.