Tampa Bay Real Estate
-City Living Trends in Tampa-

When it comes to city living, the Greater Tampa Bay area is thriving with new developments and exciting opportunities for residents craving a live-work-play environment.

Everyone knows that residential real estate in our region ranges from quaint coastal towns to sprawling suburban neighborhoods, but residential trends toward urban living have grown by leaps and bounds, particularly in the downtown Tampa area.

Commuting to the city every day for work or entertainment can be time-consuming and stressful. Sometimes the best fit is finding a home right in the city center or urban corridor.  With more high-rise residences sprouting up in Channelside, and groundbreaking developments throughout downtown neighborhoods like Tampa Heights, now is a great time to become a city slicker.

Exciting Changes at Channelside

If you haven’t heard, the Channelside District has completely transformed.  Sparkman Wharf is the beautifully developed entertainment complex that has taken the place of the former Channelside Bay Plaza.  The new design offers amazing waterfront views for dining, shopping, playing outdoor games, hanging out, and enjoying music.

This revitalized area is a welcome sight for Channelside’s current residents living in nearby condos, but it is also luring developers and new residents.  For example, high-rise construction at 815 Water Street, slated to open in 2020, will boast two residential towers totaling over 400 units.  The Water Street Tampa development will also feature 35,000 square feet of retail space along Channelside Drive, which includes space reserved for a new grocery store.  It’s no wonder why retirees and millennials are flocking to this thriving metro area with walkability, livability, entertainment, and positive growth.

Revitalized Tampa Heights and Riverwalk

The idea of having restaurants, coffee shops, stores, and waterfront activities close-to-home is appealing to many people; in turn, it is no surprise that Tampa Heights and Riverwalk areas are becoming Tampa’s prime locations.  In addition to access to beautiful green spaces and the Hillsborough River, Tampa Heights is home to fantastic restaurants and Tampa’s must-visit food and vendor market at Armature Works.  While this neighborhood is considered one of Tampa’s oldest suburbs, Tampa Heights now offers many of the modern benefits of city living.

Not too far down the river from Tampa Heights, you’ll also discover new downtown developments, such as the 53-story Riverwalk Place.  Under construction now, this tower could feature more than 200 high-end condos, depending on buyer demand for either larger or smaller unit designs.  Notably, the mixed-use development will also include ground-level restaurants and retail space on the Tampa Riverwalk.

Thriving Metro Areas and Communities

Put simply, the Greater Tampa Bay Area is growing to meet the changing demands of discerned buyers seeking a metropolitan lifestyle. In addition to Channelside and Tampa Heights, other dynamic locales around our region include Ybor City, Seminole Heights, Dunedin, downtown St. Pete, Riverview, Wesley Chapel, and more.

As full-service real estate professionals, we would be happy to show you homes around our wonderful region. If you’re a Florida resident needing help investing, finding the perfect home, or selling your current property, contact Dick and Karla Nielsen at 813-294-5786 today.