Tampa Bay architects: High interest rates remain big obstacle

  • By Jim Stinson
  • | 3:00 p.m. March 1, 2024
A view from a September 2023 topping-off ceremony in St. Pete of Reflection, a $100 million condo project on Third Avenue North, one of the region's many new buildings.
A view from a September 2023 topping-off ceremony in St. Pete of Reflection, a $100 million condo project on Third Avenue North, one of the region's many new buildings.
Photo by Jim Stinson
  • Tampa Bay-Lakeland
  • Share

High interest rates will slow down real estate development in Tampa Bay, according to an annual survey of regional architects, often the first sector to begin work on development projects.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 30, 2026
2026 top 50 contractors zoom past $10B in annual revenue
  • March 30, 2026
Minnesota developer buys Fort Myers mixed-use project site for $20.45M
  • March 30, 2026
First Watch terminates COO amid restructuring
  • March 30, 2026
Sarasota printing company merges with print, mail business

Sponsored Content