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Tampa’s downtown is booming and here are the numbers to prove it

By Richard Danielson

TAMPA, Fla. (April 12, 2019) – Residential living in and around downtown Tampa is booming, according to a new survey from the Tampa Downtown Partnership, with more apartments and condominiums, high rates of occupancy, much love for the Riverwalk and much desire for more stores, bars and restaurants. Here are highlights from the survey, which reflects the perceptions and expectations of 1,190 downtown workers and residents:

32 percent

Growth in the number of downtown residential units, from 5,709 in 2016 to 7,546 in 2018

90 percent

Residential occupancy rate in 2018

1,644

Residential units under construction in 2018

4,124

New residential units proposed in 2018

Where they live

26 percent – Channel District

20 percent – Harbour Island

19 percent – Downtown core

10 percent – Tampa Heights

The rest are scattered in areas on the edge of downtown.

Who they are

50 percent

Live in condominiums or lofts. Another 29 percent are in apartments, with smaller numbers in houses or town homes.

34 percent

Own dogs.

80 percent

Are college graduates.

86 percent

Have no children.

41 percent

Are 35 to 54 years old, 33 percent are 55 or older, and 26 percent are 34 and younger.

39 percent

Make $150,000 or more a year. 53 percent make $50,000 to $150,000 annually, and 8 percent make $50,000 or less a year.

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