Tampa Bay’s growth is no accident: 2026 outlook

Why Tampa Bay’s economy is entering 2026 with balance, momentum and long-term fundamentals firmly in place.

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Aerial view of downtown Tampa and the Riverwalk, highlighting the city’s skyline, waterways and planned urban development.
Tampa City Council approves massive observation wheel for Channelside

A 250-foot observation wheel called Tampa WOW! will open on the Channelside waterfront in 2026, adding a new landmark to downtown Tampa.

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Rendering of Tampa WOW!, a 250-foot observation wheel planned for downtown Tampa’s Channel District, illuminated at sunset with cruise ships docked nearby and The Florida Aquarium in the foreground.
Channel district’s newest condo tower

Eleve’61, one of the newest towers in development in the Channel district, is being constructed with a particular demographic in mind, and unlike some of the recent trends, it’s not millennials. In Tampa, there are two types of condominium residences currently available, very large, very expensive luxury properties and smaller, apartment-sized properties, said Ken Stoltenberg,

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Elevé 61

Elevé 61 is the latest condominium project in downtown Tampa. At 35 stories tall, the tower will offer two 3-bedroom residences per floor, and no adjoining walls with other residences. The residences will have floor-to-ceiling glass windows, which will allow city and water views. The homes will be priced from $800,000 to $1.8 million. Elevé

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