Survey of local architects reveals tempered enthusiasm for 2023

The experts say Tampa Bay’s development-related economy is likely to see only modest growth compared to the past few years.

By Brian Hartz
| 1:30 p.m. February 27, 2023
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Jonathan Moore of InVision Advisors was one of the architects who participated in the AIA survey. He advises other architecture firms in the Tampa Bay area.

Tampa Bay-Lakeland

The latest annual survey conducted by the Tampa Bay chapter of the American Institute of Architects predicts modest growth for the region’s development-related economy in 2023 as inflation and supply chain challenges continue to encumber construction projects.

According to a news release, the AIA’s Voice of Architecture Economic Outlook found that 59% of local architects expect demand for architectural services in the Tampa Bay area to increase in 2023 — a decrease of 25 percentage points from last year’s predictions, when 84% of the architects foresaw increased demand.

A smaller percentage of the architects, 73%, think the Tampa Bay area’s development-related economy in 2023 will be “excellent” or “good,” a decrease of 15 percentage points from 2022’s figure of 88%. Likewise, 24% predicted the 2023 economy will be “fair,” an increase of 17 percentage points from the 2022 result, when only 7% forecast the economy would be “fair.”