mulheap Posted March 8, 2006 Group: Member Topic Count: 38 Content Count: 509 Reputation: 0 Days Won: 0 Joined: 10/02/2002 Author Share Posted March 8, 2006 downtown tampa is on its way up Link to comment Share on other sites More sharing options...
Joe Posted March 8, 2006 Group: Member Topic Count: 197 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted March 8, 2006 ^prices too. Wish I had money to invest... Link to comment Share on other sites More sharing options...
The Sheriff Posted March 8, 2006 Group: Member Topic Count: 721 Content Count: 6,754 Reputation: 806 Days Won: 19 Joined: 12/24/2001 Share Posted March 8, 2006 Trump is throwing up high rises in Phoenix also... getting a lot of backlash from the public. The bubble won't burst in Phoenix anytime soon barring a national disaster... the outlying markets though are seeing significant investor withdrawal... I'm sure Florida is seeing the same thing. I love being an appraiser! Link to comment Share on other sites More sharing options...
ZeroBullChip Posted March 8, 2006 Group: Member Topic Count: 597 Content Count: 6,557 Reputation: 92 Days Won: 3 Joined: 12/23/2001 Share Posted March 8, 2006 ZBC I know who you are speaking of. He doesn't have very many friends, he just bought everything and now controls much of the future of DT. I'm sorry you've had to deal with him Unfotunately I've dealt with him on more than one occasion and he is certainly no Donald Trump. All things aside, yes DT orlando is under rapid development as they do not have the hurdles that the ARC and city council throw at developers here. I think that the developers are more willing to put their neck out in the Orlando market for that very reason and have come up with some very nice designs. I really don't think the DT orlando crowd is young or gay. The segment they are building for are the empty nesters from lake mary and other areas away from the urban core that have big houses and money to blow, and middle manager jobs. The problem is that besides thornton park, the people that currently hang in DT orlando have more in common with the ybor city riff-raff we so often complain about here. I'm sure when the megaplex and all that other stuff is done the downtown scene will change. I lived in DT Orlando for the last five years or so. I got to see it change from a ghost town to a decent hangout! Do you think its a coincidence that a building mysteriously burnt down right in the heart of all that development? The government there is EVIL! On a side note, my job is just across the river of the trump site so I'll get to take some pretty good snapshots of that thing going up. Link to comment Share on other sites More sharing options...
Excalibur1318024930 Posted March 9, 2006 Group: Member Topic Count: 6 Content Count: 60 Reputation: 0 Days Won: 0 Joined: 08/01/2005 Share Posted March 9, 2006 You don't want to start this argument on this board. especially with me. They are building 300-400ft buildings in DT orlando, but multiple reports have indicated that the bubble is starting to burst ie they are not all getting built. There are height restrictions that will not allow tall buildings. DT orlando is a joke. The mayor and some of the city council folks are criminals over what they did without public discourse. Just wait and see. ABC, hate to burst your bubble, but condo towers are dying all over the country.  It has to do with interest rates going up and investors drying up.  Just a little fact for you, 48% of all closings in downtown Tampa in 2005  did not file for homested exemption.  Translation, 48% of all buyers are investors, translation, they are going to go bankrupt.  Tampa will and has experianced projects being cancelled. Also, ask Mayor Pam Iorio about Mayor Greco and his accounting practices.The point to all this is that Tampa has been building condos in the downtown area for years, targeting young professionals of any persuasion. Orlando is apparent finally following their lead ...... /quote]There are several existing condo's that are fairly new in Orlando.  Also, if you are counting Harbor Island, don't, its technically not part of Tampa.  So much so, that Tampa PD can't go on to Harbor Island without permission. Link to comment Share on other sites More sharing options...
Triple B Posted March 9, 2006 Group: Moderator Topic Count: 1,615 Content Count: 74,712 Reputation: 10,930 Days Won: 424 Joined: 11/25/2005 Share Posted March 9, 2006 Also, if you are counting Harbor Island, don't, its technically not part of Tampa.  So much so, that Tampa PD can't go on to Harbor Island without permission.Don't count Harbour Island in a discussion of residential housing in or close by downtown Tampa? .......... Brilliant. Link to comment Share on other sites More sharing options...
Sitting_BULL Posted March 9, 2006 Group: Bull Backers Topic Count: 111 Content Count: 2,527 Reputation: 3 Days Won: 0 Joined: 02/12/2002 Share Posted March 9, 2006 Real Estate (across the US as a whole) will slow down due to interests rates rising, but certain areas such as Florida will not see that to as much an extent. Too many "Baby Boomers" reaching retirement and wanting to get away from snow shovels.Some projects have been cancelled, but other newer ones are already planned for downtown. The building we bought in about 8 months ago has already seen a $100 / sq ft increase in prices. Link to comment Share on other sites More sharing options...
ZeroBullChip Posted March 9, 2006 Group: Member Topic Count: 597 Content Count: 6,557 Reputation: 92 Days Won: 3 Joined: 12/23/2001 Share Posted March 9, 2006 Don't count Harbour Island in a discussion of residential housing in or close by downtown Tampa? .......... Brilliant.Orlando folks always change the terms in the middle of an argument. It's the only whey they can win. BTW doesn't this poster seem eerily similar to someone else? Link to comment Share on other sites More sharing options...
Joe Posted March 9, 2006 Group: Member Topic Count: 197 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted March 9, 2006 Just to note...this former Orlando resident considers Harbour Isle Tampa Link to comment Share on other sites More sharing options...
ZeroBullChip Posted March 9, 2006 Group: Member Topic Count: 597 Content Count: 6,557 Reputation: 92 Days Won: 3 Joined: 12/23/2001 Share Posted March 9, 2006 Just to note...this former Orlando resident considers Harbour Isle TampaI was just flinging mud. Link to comment Share on other sites More sharing options...
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