by admin | Nov 30, 2015 | Market Data
DUNEDIN — The long-vacant former Nielsen Media Research campus may soon see some activity.
Source: www.tampabay.com
Developer Primerica Group One wants to build 280 high-end apartments, 56 townhomes, 7,200 square feet of retail space and 44,600 square feet of office space on the 23-acre parcel.
Primerica has billed the project “Dunedin Commons.”
The former Nielsen site, at 375 Patricia Ave., has been empty since 2005.
Dunedin is a smaller city in the Tampa Bay area that is really off the beaten path. It has great waterfront access and a small downtown district that has been thriving in recent years and the addition of a multifamily project to the area should have a positive effect on the community.
by admin | Nov 30, 2015 | Market Data
The developer who proposed a 52-story tower on the site earlier this year has officially purchased the property, and TBBJ has all the details.
Source: www.bizjournals.com
A joint venture of Feldman Equities and Tower Realty Partners paid $12.05 million for the 1.47-acre site at the intersection of South Ashley Drive and Brorein Street in downtown Tampa.
The proposed project will be 31 stories with waterfront restaurants, 215,000 sf of office and 203 apartments.
by admin | Nov 24, 2015 | Market Data
Single-family homes built-for-rent starts increased to approximately 9,000 for the third quarter of 2015, compared to about 7,000 for the same period of 2014. However, the single-family built-for-r…
Source: eyeonhousing.org
Single-family homes built-for-rent starts increased to approximately 9,000 for the third quarter of 2015, compared to about 7,000 for the same period of 2014.
by admin | Nov 24, 2015 | Market Data
Goldman Sachs sent an email to clients advising that growth in residential investments through 2016 will be solid, though not as strong as they originally hoped. Plus, this growth will likely curtail in the years immediately following, as the included chart notes.
Source: www.housingwire.com
Goldman Sachs recently stated that growth in residential investments through 2016 will be solid, though not as strong as they originally hoped. This includes all new construction, about half the total of all construction, plus home improvement spending and commissions for real estate brokers. GS is lowering original forecast for residential investment to 8% from 11% previously, but still expects housing to be the top performer among the major components of GDP.
by admin | Nov 24, 2015 | Market Data
Representatives for three Rosemary District projects said they still view investment in the neighborhood as a high-risk proposition.
Source: www.yourobserver.com
Vertica Partners and Framework Group are partnering on 228 units in the Rosemary District and are expected to break ground by 1Q 2016.
by admin | Nov 24, 2015 | Market Data
Condos are often the most affordable option for first-time homebuyers, but federal rules have made it hard to get mortgages on them.
Source: www.miamiherald.com
A change in the FHA rules regarding condos could have sweeping impacts in the industry, particularly throughout Florida. Condos can provide a more affordable housing option to first time buyers and boomers looking to downsize.
