by admin | Dec 24, 2015 | Market Data
FloridaTrend.com delivers Florida business news along with reports on Florida politics, Florida public policy and government. Florida executives and professionals rely on FloridaTrend.com for in-depth analysis and perspectives on the issues, people and ideas that define Florida.
Source: www.floridatrend.com
Between the Port of Tampa, the Channel District and Jeff Vinik’s $2 billion mixed-use project backed by Bill Gates, this corner of downtown Tampa is seeing some of the most intense development efforts in the entire state of Florida.
Vertica Partners’ T. Sean Lance exclusively represented Vinik’s group on the acquisition of the land assemblage in addition to transacting 5 other 100+ unit multifamily projects in the Channel District.
by admin | Dec 24, 2015 | Market Data
Innovation districts are on the rise globally. Brookings Institution plans on shedding light on why.
Source: www.cpexecutive.com
“Innovation districts” are a newer urban model located in geographic areas are where leading-edge institutions and companies cluster and connect with start-ups, business incubators and accelerators. These areas are also physically compact, transit-accessible, and technically wired and they offer mixed-use housing, office and retail for all inhabitants.
These districts can include such areas in downtown Tampa such as Jeff Vinik’s $2 billion development or in smaller MSA’s such as the Rosemary District in downtown Sarasota.
by admin | Dec 24, 2015 | Market Data
The rate of cash sales is well above the national average.
Source: www.businessobserverfl.com
Cash sales in the Sarasota area still remain strong ranking number 5 in the nation. In fact, 4 of the top 5 regions for cash sales in the United States are in Florida.
by admin | Dec 24, 2015 | Market Data
Floridays lands Hilton for Sarasota hotel, Brookside owners list marina
Source: www.businessobserverfl.com
Floridays Development Company’s flag for its planned Hotel Sarasota project at 1255 N. Palm Avenue in downtown will be Curio by Hilton. Floridays is finalizing its land purchase from the city of Sarasota for the hotel adjacent to the municipality’s 750-space parking garage. Construction on the 163-room boutique hotel will begin in early January.
by admin | Dec 24, 2015 | Market Data
The Rosemary brings worldly inspiration to a neighborhood restaurant.
Source: www.yourobserver.com
The Rosemary District in downtown Sarasota continues to come to life with the addition of yet another restaurant.
The Rosemary, located at 411 N. Orange Ave., is a blend of traditional and contemporary American cuisine and is well positioned to take advantage of all the new residential construction in the area..
by admin | Dec 23, 2015 | Market Data
Source: www.ritholtz.com
Young-adult homeownership took a major hit during the housing bust. According to the ACS, thehomeownership rate of 25- to 34-year-olds has fallen by nearly 10 percentage points since the overallhomeownership rate peaked in 2006.
