Tampa Bay Real Estate: Market Developments & Trends

Greystar backs Blake’s Gas Plant District proposal Aerial view of St. Petersburg’s Historic Gas Plant District with Tropicana Field and surrounding neighborhoods

Aerial view of St. Petersburg’s Historic Gas Plant District with Tropicana Field and surrounding neighborhoods

Greystar backs Blake’s Gas Plant District proposal

Chuck Merlis January 16, 2026

Greystar’s endorsement adds institutional weight to Blake’s Gas Plant District redevelopment bid.

Tampa capital fuels $43.1M rehab facility expansion Aerial view of an inpatient rehabilitation hospital in Oklahoma City following a recent expansion.

Aerial view of an inpatient rehabilitation hospital in Oklahoma City following a recent expansion.

Tampa capital fuels $43.1M rehab facility expansion

Chuck Merlis January 16, 2026

Tampa-based investment drives a $43.1M expansion of an inpatient rehab facility in Oklahoma City.

Mirasol hotel rezoning denied by City Council The Mirasol building on Davis Islands, a historic waterfront apartment complex proposed for boutique hotel conversion, photographed at dusk.

The Mirasol building on Davis Islands, a historic waterfront apartment complex proposed for boutique hotel conversion, photographed at dusk.

Mirasol hotel rezoning denied by City Council

Chuck Merlis January 16, 2026

City Council denied a rezoning request to convert the historic Mirasol into a boutique hotel.

Mattamy pushes into three Tampa Bay housing submarkets Aerial view of mangroves and open water along Tampa Bay near north St. Petersburg.

Mattamy pushes into three Tampa Bay housing submarkets

Chuck Merlis January 15, 2026

Three coordinated housing projects move forward across Tampa Bay in Tampa, St. Petersburg and Lithia.

Rays CEO Ken Babby commits to April 2029 ballpark opening Tampa Bay Rays executives pose together at a team event announcing a new ballpark timeline.

Tampa Bay Rays executives pose together at a team event announcing a new ballpark timeline.

Rays CEO Ken Babby commits to April 2029 ballpark opening

Chuck Merlis January 15, 2026

Babby commits to an April 2029 Rays ballpark and a mixed-use development plan.

Plans filed for two-story medical building in South Tampa The cleared site at 4040 Henderson Blvd. in South Tampa where plans have been filed for a two-story medical surgery center.

The cleared site at 4040 Henderson Blvd. in South Tampa where plans have been filed for a two-story medical surgery center.

Plans filed for two-story medical building in South Tampa

Chuck Merlis January 14, 2026

Plans show a two-story medical surgery center proposed along Henderson Boulevard in South Tampa.

Blake Investment Partners pledges affordable housing at Gas Plant Aerial view of St. Petersburg’s Historic Gas Plant District with Tropicana Field and surrounding neighborhoods

Blake Investment Partners pledges affordable housing at Gas Plant

Chuck Merlis January 13, 2026

Blake Investment Partners links affordable housing delivery to the future of St. Petersburg’s Gas Plant District.

New rental community brings 284 homes to Parrish Newly built rental homes in Parrish near the I-75 corridor

New rental community brings 284 homes to Parrish

Chuck Merlis January 12, 2026

A new rental community adds 284 homes to Parrish as Tampa Bay housing growth pushes south.

Tampa real estate market enters a more selective phase Downtown Tampa skyline at dusk as the city’s commercial real estate market enters a more selective phase.

Downtown Tampa skyline at dusk as the city’s commercial real estate market enters a more selective phase.

Tampa real estate market enters a more selective phase

Chuck Merlis January 12, 2026

Tampa’s commercial real estate market is growing, but investors are moving more carefully.

Tampa industrial real estate included in multi-state acquisition Aerial view of downtown Tampa showing the skyline, Hillsborough River, and surrounding development.