Shining Star: Learnings from a Sun Belt success story
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With the U.S.’s fourth-strongest labor market and massive live-work-play appeal, Tampa, Florida is one of the country's hottest real estate markets according to a recent Wall Street Journal analysis,   Tampa investor/developer Darryl Shaw and CBRE’s Mike DiBlasi explain how the city has become a magnet for institutional capital, expanding employers and top talent and what other mid-size markets can learn from it. Insights:   Developers who want to build in culturally important areas need strong partnerships with the local community leaders and municipal government.Tampa’s historic Casa Ybor development demonstrates what’s possible when a long-term vision is coupled with consistent population growth.Tampa is experiencing a surge of development across commercial real estate sectors as a result of public-private investment in their downtown waterfront.
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