With Tampa & St. Petersburg ranked as one of the top three destinations for millennials to move to in the US being a clear indicator of the region’s
With Tampa & St. Petersburg ranked as one of the top three destinations for millennials to move to in the US being a clear indicator of the region’s growth potential,there is no doubt that the outlook for the region is bright.
This outlook has only been complemented by the vision of government and private enterprise with initiatives encouraging the net migration of people and economic activity across the board and has spurred the development of mega projects from The Bromley Co’s Development’s $500M in Midtown to SPP’s Waterfront Project, the $200M Westshore Marina District and the $350M West River Redevelopment.
These dynamics can be seen in the local workforce, which according to recently published statistics seem to also reflect the adage that “if it works here, it will work anywhere,” with the majority of the workforce aged between 24 and 35.
Our test case, however, has not been finalized yet as the answer as to the outlook for the multifamily market. Namely, how will the increased supply of new product entering the market, combined with current aging inventory, and the low cost of home ownership forge the market?
Join our all-star panelists and the team at Bisnow as we journey into the answers on the horizon in addition to how the region is impacting the multifamily market across the nation from the startup planning on giving homes to flood victims, to the Bay’s storm resiliency planning.
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(Thursday) 7:30 am - 10:30 am