Florida is home to 21.3 million people and climbing. The Sunshine State is now the third most populous state in the United States. This population boom means that cities are growing and economic opportunities abound. Like many other regions in Florida, Tampa Bay is rapidly expanding with something new to celebrate every day. Learn the top four reasons why you should consider living in the Tampa Bay area.
Affordability
The cost of living in Tampa is 8% below the national average. Plus, with more affordable homes, the city has been ranked second among the best places for first-time homebuyers. In certain areas like Downtown Tampa and St. Petersburg, residents can even save money by taking the trolley, walking or biking to work, thus reducing transportation costs.
New Growth and Revival
Tampa is a city that is rapidly growing. Each district has its own events, developments, and special occasions, making every mile feel like part of a unique community. In Riverwalk, a monthly celebration called Fourth Friday celebrates the rich arts and culture scene. Local businesses, like the Tampa Art Museum and the Straz Center, even offer special programs for this event. In the Channel District, Water Street, a new development project, will transform the city into a more attractive and diverse destination for a younger generation. In Tampa Heights and Seminole Heights, both locals and tourist are fascinated by a unique concept called Armature Works, a trolley building which now houses local restaurants, a boutique, a venue, and a co-working space. In Ybor City, “Cigar Capital of the World,” developers are building a four-story boutique hotel with a full-service restaurant, pool, and more, creating more job opportunities and business for the area.
Booming Small Businesses
Tampa Bay is known for its history. But small-business owners are launching this region into the future with new and exciting businesses that take cues from the big cities. St. Petersburg just opened it’s a first zero-waste store called The Refillery. And, you can find James Beard-nominated chefs all throughout Tampa and St. Pete. If you want something more quaint, you’ll be surprised what you can find in little neighborhoods like Ybor City, West Tampa, Lakeland, Riverview, and Central Ave. in St. Pete.
Sunshine Year Round
No matter what season it is, Florida will have sunshine year-round. The best place to spend under the sun is on the beach, which is less than an hour away. You can also spend your sunshine-filled days cheering for local sports teams, visiting Zoo Tampa at Lowry Park with the whole family, enjoying brunch at countless outdoor restaurants, and exploring the natural wonders this area offers.
Now, is the best time to move to the Tampa Bay area. With over 60 communities throughout the Tampa Bay area to fit your lifestyle and budget, Lennar can make your dream of homeownership in the Sunshine State possible. Visit our website to learn more, and for additional information about Tampa Bay’s growth and affordability, make sure to like us on Facebook.
