article thumbnail

Advanced Airfoil Components Manufacturing Facility Lands In Tampa

Business Facilities

The company will lease 210,000 square feet at Tampa Regional Industrial Park and the facility is scheduled to open in late 2018. I’m proud to announce that Siemens and Chromalloy chose Florida as the best place to start their new joint venture that will create 350 new jobs for families in the Tampa area,” said Gov.

Tampa 81
article thumbnail

Brightline wins key approval for Tampa-Orlando high-speed rail service

Construction Dive

The Florida DOT cleared the rail company to negotiate land leases for the project, which is expected to create 16,500 construction jobs from 2021 to 2024 for an estimated economic impact of $2.4 billion on the region.

Tampa 76
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Multifamily Builders Can Benefit From Single-Family Boom

Pro Builder

Here are some examples from across the country: Wesley Chapel (Tampa MSA). Located about 30 minutes north of Tampa, Wesley Chapel offers numerous master-planned communities targeting families and empty nesters. Renting where that new home will be could be ideal.

Tampa 52
article thumbnail

Urban Infill Developments Bring Modern Touch to Historic Neighborhoods

Pro Builder

According to Forbes, popular locations for these developments include Chicago and Tampa, where people can enjoy the historic culture of the neighborhood, while maintaining their active lifestyles in a neighborhood they love. The result is the best of both worlds for the residents who ultimately opt to lease there.

Tampa 52
article thumbnail

Single-Family Rental Sector Gains Exceed Expectations

Pro Builder

John Burns Real Estate Consulting’s Single-Family Rent Index tracks 63 markets and found lease effective rates up 6% year-over-year in July, with the historical average being 3%. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high.

article thumbnail

Monthly Mortgage Payments Outpace Rental Costs Nationwide

Pro Builder

A new report released by John Burns Real Estate Consulting earlier this month revealed that having a mortgage costs, on average, $839 more per month than having a lease, making renting the more affordable option for most Americans. The gap was 40 percent in Nashville, 38 percent in Denver and 35 percent in Tampa, Fla., and Phoenix.

article thumbnail

Rental Markets Brace for Soaring Prices in 2022

Pro Builder

The cost of leasing an apartment will rise nearly everywhere across the U.S., leading to rent increases in Sun Belt cities like Phoenix, Las Vegas, and Tampa. Rental Markets Brace for Soaring Prices in 2022. Wed, 01/26/2022 - 10:17. but these 10 markets are expected to see the biggest changes.