Results show mounting interest in urban lifestyle, transportation, retail options, and job opportunities
View the full presentation given by HCP Associates. TAMPA (March 24, 2017) – Tampa Downtown Partnership unveiled the results of the Fifth Biennial Survey of Downtown Workers and Residents. during Tampa Downtown Partnership’s 21st Annual Downtown Development Forum at the Tampa Convention Center on Friday, March 24, 2017.
Collaborating with the Tampa Downtown Partnership, HCP developed a baseline study in 2008 of resident stakeholders as well as the 60,000 workers within Downtown Tampa. This study has been repeated in two year intervals, since the baseline. The results of the 2016 survey reflect the perceptions and expectations of more than 1,050 Downtown workers and residents. Tampa Downtown Partnership and HCP also launched the Second Biennial Survey for Downtown university students yielding more than 240 responses from a group of 12,000 students.
Key findings of the surveys include mounting interest in living Downtown, growth in the number of Downtown pet owners and families, overwhelming interest in exploring new modes of transportation, and staggering statistics showing the potential of retail and talent retention in the Downtown core.
Vibrant Activity Draws Workers and Residents to Downtown
Downtown is Pet and Family-Friendly
Transportation Gains and Woes
Opportunities for Growth in Retail
Talent Retention Concerns and Potential Employment
In 2017, we are seeing another boom take place in residential development with a reported total of 8,300 units recently delivered, under construction or planned for our Downtown. Amenities such as the Riverwalk, Curtis Hixon Park, and many cultural organizations provide a diverse line up of events and programs putting the desire to live Downtown Tampa at an all-time high. Brokers, investors and public officials alike can benefit from understanding and interpreting the results of the Fifth Biennial Survey when looking to the future of Tampa’s Downtown. Not only does the survey provide insight for what workers, residents, and students want for their Downtown, but it provides undeniable statistics on their behavior. This type of knowledge is invaluable when determining the potential profitability and success of investment decisions.