Tampa Bay Real Estate: Market Developments & Trends

Tampa-based firm breaks ground on Richmond industrial site Aerial view of West Creek Business Park in Richmond, Virginia, where a Tampa-based firm is developing a new industrial project.

Aerial view of West Creek Business Park in Richmond, Virginia, where a Tampa-based firm is developing a new industrial project.

Tampa-based firm breaks ground on Richmond industrial site

Chuck Merlis January 8, 2026

A Tampa-based firm has started work on a 221,000 SF industrial project in Richmond.

Midtown Tampa retail enters next phase Aerial view of Midtown Tampa showing the retail core anchored by Whole Foods Market, surrounded by offices, apartments and major roadways in Tampa.

Aerial view of Midtown Tampa showing the retail core anchored by Whole Foods Market, surrounded by offices, apartments and major roadways in Tampa.

Midtown Tampa retail enters next phase

Chuck Merlis January 7, 2026

Midtown Tampa’s retail component moves from development to long-term stewardship.

Plans filed for 23-story Gaspar tower in downtown Tampa Rendering of The Gaspar, a 23-story residential tower proposed for a compact site in downtown Tampa.

Rendering of The Gaspar, a 23-story residential tower proposed for a compact site in downtown Tampa.

Plans filed for 23-story Gaspar tower in downtown Tampa

Chuck Merlis January 6, 2026

Plans have been filed for The Gaspar, a 23-story residential tower proposed for a constrained downtown Tampa...

New Palmetto community brings 95 single family homes Interior of a model home in a new Palmetto community with open living and kitchen layout

New Palmetto community brings 95 single family homes

Chuck Merlis January 5, 2026

A new 95 home community opens in Palmetto with pricing starting at $329,990 and no CDD fees.

St. Pete opens bid window for Gas Plant District Map showing the Historic Gas Plant District and surrounding St. Petersburg neighborhoods before construction of Interstate 175.

Map showing the Historic Gas Plant District and surrounding St. Petersburg neighborhoods before construction of Interstate 175.

St. Pete opens bid window for Gas Plant District

Chuck Merlis January 2, 2026

St. Petersburg opens a competitive proposal window for redevelopment of the Historic Gas Plant District.

The real estate developments shaping Tampa Bay in 2026 Downtown Tampa skyline with office towers and palm trees under a blue sky, illustrating major real estate projects shaping Tampa Bay.

Downtown Tampa skyline with office towers and palm trees under a blue sky, illustrating major real estate projects shaping Tampa Bay.

The real estate developments shaping Tampa Bay in 2026

Chuck Merlis December 29, 2025

The projects defining where Tampa Bay’s growth, capital and urban density are headed in 2026.

Why Tampa remains an early-stage luxury condo market Interior rendering of a luxury condominium at ONE Tampa, showing an open living and dining space with floor-to-ceiling windows overlooking downtown Tampa.

Interior rendering of a luxury condominium at ONE Tampa, showing an open living and dining space with floor-to-ceiling windows overlooking downtown Tampa.

Why Tampa remains an early-stage luxury condo market

Chuck Merlis December 29, 2025

A look at why Tampa’s luxury condo market may be closer to the beginning than the peak,...

Tampa’s International Plaza refinanced with $551M loan International Plaza shopping mall in Tampa, Florida, where Simon Property Group refinanced the property with a new institutional loan

International Plaza shopping mall in Tampa, Florida, where Simon Property Group refinanced the property with a new institutional loan

Tampa’s International Plaza refinanced with $551M loan

Chuck Merlis December 24, 2025

International Plaza secures a $551M refinancing, reinforcing Tampa Bay’s position as a market for top-performing retail assets.

Tampa industrial property recapitalized in $42.5M DST deal Sweetwater Business Center in Tampa, Florida, where a New Jersey developer completed a $42.5M industrial real estate recapitalization using a Delaware Statutory Trust.

Sweetwater Business Center in Tampa, Florida, where a New Jersey developer completed a $42.5M industrial real estate recapitalization using a Delaware Statutory Trust.

Tampa industrial property recapitalized in $42.5M DST deal

Chuck Merlis December 23, 2025

A New Jersey real estate firm launched its first Delaware Statutory Trust by recapitalizing a $42.5M industrial...

Future of Davis Islands’ Mirasol hinges on Jan. 15 vote Historic Mirasol building on Davis Islands shown alongside archival photo as Tampa City Council vote approaches