Tampa's Bubble

Tampa is in a bubble. I said “in” a bubble not “on” a bubble. Big difference. I believe we are insulated from some of the things that are threatening the macro economy. We might be looking out from within a safe bubble of activity, growth and new progress. No earth shattering info, just some good consistent growth based on a solid foundation that isn’t as speculative as the last cycle.

Here’s a good article on how to spot a softening market and why Florida is well positioned.

Our growth, our position in the state, our diversification over the last decade, and new developments that are coming to both our urban cores of Tampa and St Pete, as well as our I-4 corridor are propelling us to new levels. There are secular changes that have occurred that will create a new foundation in coming economic cycles.

Just about every business you talk to locally is seeing and capitalizing on increased opportunities, and non local businesses that are moving here are coming because of the new demographics being created that they can also tap into. Sometimes it even seems new markets are being created locally by successful entrepreneurs and mentors. Look at our tech ecosystem for starters! We’ve got a bunch of great young companies making waves and getting funded or acquired.

Just check out what the media is saying about us and you’ll notice what’s going on around you daily. Even some of the things you’ve taken for granted in the past are now new areas for growth.

Port welcomes new container services

Tampa makes list for top locations for active lifestyles

Tampa ranks among the top states to start a business

Tampa ranks as the best big city to live in in Florida

Florida Unemployment Stats Remain Strong and show signs of improved talent levels at the high school level

Call Fortress CRE, so we can talk expert advice on where your real estate strategy should be focused in West Central Florida. Fortress Commercial Real Estate (CRE) adds value to business owners looking to grow through their real estate, office and building needs.

Visit www.Fortress-CRE.com and call or email me for more sound advice.

kostas@Fortress-CRE.com

813.444.3330