Wednesday 7 August 2013

Tampa # 16 in U.S. for New Home Construction

When we first went to Tampa in 2010 to buy foreclosures I recall saying to one of my partners who was with me that it seemed like a long time before they would be building again. I would never have thought that by this time construction would be booming again (Forbes: Summer 2013 from McGraw Hill Study). 




Actually it makes perfect sense: Nothing has been built since the market crashed in 2008 and the population has continued to grow. The unemployment rate reached as low as 6.7% over the summer and is still well below the national average so the prospects for continued migration are good. Improving economic prospects nationally should also boost the influx of vacationers and retirees.





We are proud to have teamed up with a construction manager previously from one of the country's largest builders for our own project: A collection of Key West Style Beach Homes in South Tampa less than 2 miles from the beach. You can view 3D Models of the development with the latest version of Google Earth here and then downloading this KMZ file of the models.






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