Future depends on millennials

Baby boomers are credited with trending real estate into the suburbs, but now it's millennials making the push back to urban cores.

Florida is not immune to the urbanization trend, especially in the Tampa/St. Petersburg market, where people ages 20 to 35 already make up nearly 19% of the population, with an expected growth of more than 10% over the next five years.

Those data were part of report presented by the Urban Land Institute and PricewaterhouseCoopers during a conference at Tampa Theatre last week.