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Tampa Bay Business & Wealth

Economic Growth

Modern exterior of a Fifth Third Bank branch with glass walls, green accents and a bright blue sky.
Downtown Tampa skyline with office towers and residential buildings along the Hillsborough River under a bright blue sky.
Exterior view of 1 North Dale Mabry, a 13-story Class A office tower in Tampa’s Westshore district

More Economic Growth

Port Tampa Bay adds 2 new cranes from Ireland as Vision 2030 expands
 |  Chuck Merlis

Port Tampa Bay is adding two new cranes built in Ireland to support its Vision 2030 terminal expansion.

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A container ship loaded with stacked refrigerated containers is berthed under green Liebherr ship-to-shore cranes at a modern cargo terminal.
Darryl Shaw sells 2 Ybor properties for $7.45M near Gasworx
 |  Chuck Merlis

Two Ybor properties sold for $7.45M as investor interest accelerates near Gasworx.

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Three views of Ybor City development: the Pete’s Bagels building on 4th Avenue, a historic mixed-use building on 6th Avenue, and the nearby Gasworx construction site linking Ybor to downtown Tampa.
37,000 surcharge-free ATMs will be available nationwide after rollout
 |  Chuck Merlis

More than 2,500 new Speedway ATMs will expand the surcharge-free Co-op ATM Network to over 37,000 locations nationwide.

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Speedway gas station canopy and fuel pumps at a retail location.
Fully leased Sarasota industrial park sold
 |  Chuck Merlis

A fully leased Sarasota industrial park has been sold as demand for small bay space grows across the region.

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A view of Airport Commerce Center in Sarasota showing its single story industrial buildings, palm trees and the property’s main entrance sign on Tallevast Road.
Publix-anchored Lakeland shopping center sells after 60 years
 |  Chuck Merlis

Grove Park Shopping Center in Lakeland has been sold after 60 years and remains one of Florida’s strongest grocery-anchored retail assets.

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Aerial view of Grove Park Shopping Center in Lakeland featuring a rebuilt Publix, CVS and Dollar Tree with a full parking lot and surrounding greenery under a clear blue sky
USF eyes 2027 launch for new real estate master’s program
 |  Chuck Merlis

The University of South Florida’s Muma College of Business is expanding its real estate offerings with new graduate concentrations and a proposed Master of Science in Real Estate that could

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University of South Florida entrance sign with the USF Bulls logo on a brick and white monument surrounded by landscaping.
Whole Foods will anchor Sarasota Square as 96-acre redevelopment accelerates
 |  Chuck Merlis

Whole Foods leads the first wave of tenants joining Torburn Partners’ major redevelopment of Sarasota Square.

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Rendering of the Sarasota Square redevelopment featuring a new Whole Foods Market, surrounding storefronts and outdoor pedestrian areas, with multifamily residential buildings in the background.
Tampa retail market hits highest demand since 2021
 |  Chuck Merlis

New data shows Tampa retail demand has surged to its highest level since 2021.

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Sparkman Wharf in Tampa with its teal sign, palm trees and outdoor dining spaces on a bright sunny day.
St. Pete Mayor Ken Welch shares major updates with TBBW
 |  Chuck Merlis

Mayor Ken Welch briefed TBBW on St. Pete’s biggest priorities from tech migration to resilience and the future of the Gas Plant District.

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St. Petersburg Mayor Ken Welch wearing a blue suit and striped tie, standing outdoors with greenery in the background.
Tampa a prime landing spot for companies fleeing high tax states
 |  Chuck Merlis

More companies are leaving high tax states and Tampa is one of the cities seeing new arrivals.

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Downtown Tampa skyline at sunset, featuring illuminated buildings and the city’s major roadways.
Tampa beating national real estate slowdown by nearly 20%, data shows
 |  Chuck Merlis

New national data shows Tampa outperforming the real estate slowdown by nearly 20%, signaling strong demand and steady investor confidence.

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Aerial view of a high-rise office tower in Midtown Tampa surrounded by new development.
Waldorf Astoria plans 18 story tower in downtown Sarasota
 |  Chuck Merlis

Waldorf Astoria will build an 18 story residential tower in downtown Sarasota with 86 homes and a full suite of luxury amenities.

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A three panel rendering of Waldorf Astoria Residences Sarasota showing the street level café, the 18 story tower and the landscaped corner with floor to ceiling windows.