Is Tampa Bay The Next Big City?
Tampa Bay, Florida, is often overlooked in favor of larger cities like Orlando and Miami. But if you're looking for the next hot spot, Tampa Bay might be the place to go!
The facts:
Tampa Bay Named One of Top Ten Boomtowns in America
You can say what you want about the Tampa Bay area, but one thing most people agree on is that it’s an incredible place to live, work, and play.
The metro area has been named one of the top ten boomtowns in America by WalletHub and was among the fastest-growing major metro areas in the country according to Forbes. In fact, Tampa Bay was named as one of the five best places to start a business by CNN Money and even made it onto their list of where technology jobs are booming too!
Tampa Bay is on its way up
It's no secret that Tampa Bay is a great place to invest in real estate. The area has seen rapid growth over the past decade and is projected to continue its trajectory of growth for decades to come. This means more people coming into town, looking for homes and apartments, so there are plenty of opportunities for developers to buy land and build new buildings, and/or buy and hold properties to capitalize on the rental market.
While there are still some areas with high crime rates, most parts of Tampa Bay have become quite safe over time. That makes it an ideal place for families who want somewhere safe but still close enough to all the excitement of a big city. With so many excellent schools available within this region, it's also becoming increasingly popular among young professionals seeking education as well as career advancement opportunities—particularly since tuition at most state universities here costs much less than what you'd pay elsewhere!
If you're considering buying property here soon or have already purchased property within this region, congratulations! You've made an excellent choice! If we can be of any assistance in your real estate search here in the Greater Tampa area, give us a call (www.TBMKA.com) and we would be happy to assist with the search!
The city’s cultural scene and restaurant business are also booming.
Tampa Bay has a thriving cultural scene that is as varied and diverse as the population, which means there’s something for everyone. The city boasts museums, theaters, live music venues, and more. If you’re feeling artsy-fartsy, check out the Salvador Dalí Museum or The Henry B. Plant Museum; both are housed in historic buildings where history meets modern art.
If you just want to hang out with your friends at a cool bar or live concert venue while enjoying some delicious food and drinks on the side — then look no further than our own Tampa Bay area! We have everything from quirky little eateries to celebrity chef hotspots (like Bern’s Steakhouse). And if you like craft beer, craft cocktails, or wine tasting? We got that too!
Photo: On Swann, located in Hyde Park Village. One of my personal favorites in their area. Incredible cuisine, charcuterie boards, and top-notch cocktails. Featured on Michelin Guide USA.
Florida State Fairgrounds, the Florida Aquarium, Grand Prix of St. Petersburg and Amalie Arena, which is home to the National Hockey League’s Tampa Bay Lightning.
Tampa Bay offers a variety of attractions that bring people from all over the world. Some of these include:
- The Florida State Fairgrounds, which is home to many events and activities throughout the year.
- The Florida Aquarium, an educational and entertainment attraction that has been visited by more than 25 million people since its opening in 1992. It’s also one of only four aquariums in North America with a dolphin exhibit.
- Grand Prix of St. Petersburg, one of the largest auto racing events held annually on an artificial street circuit in Florida. It draws 40,000 fans each year and is considered by many as one of the best sporting events anywhere in the country—and now they can enjoy it even more at Tampa Bay Downs!
- Amalie Arena (formerly known as Tampa Bay Times Forum), is home to a plethora of concerts as well as professional ice hockey games, home of the Tampa Bay Lightning (NHL)!
Tampa Bay Rays Major League Baseball team
The Tampa Bay Rays are one of the most recognizable sports franchises in Florida. Based in St. Petersburg, they play at Tropicana Field, which is located near downtown Tampa. The team has been around since 1998 and has made it to the World Series twice: once in 2008 and again in 2010. With their mascot Raymond leading the way, the Rays have become a staple of Tampa Bay nightlife for baseball fans all over the world! Their official Twitter account is @RaysBaseball, where you’ll find all kinds of updates about upcoming games and behind-the-scenes content from your favorite players!
The Tampa Bay area has long flown under the radar for big-city buyers.
The Tampa Bay area has long flown under the radar for big-city buyers. It's not a major metropolitan area, urban area or even a large city by many definitions. But it has some of the qualities that big cities have: it's highly populated, people are moving there in droves and it's growing rapidly. With no signs of slowing down soon (and possibly ever), Tampa Bay is on track to become one of America's biggest cities... but not because of some grand plan from its leaders—it's happening organically through economic development and population growth.
Florida's Tampa bay area is seeing an influx of people and the real estate market is growing
Tampa Bay has been experiencing a real estate boom for years. In fact, according to Forbes magazine, Tampa is the fifth fastest-growing city in America. The current population estimate is about 2 million people, and it's projected that by 2040 it could reach 3 million people. That means there will be plenty of new homes being built throughout the area!
And everything's connected: real estate growth leads to economic growth; economic growth leads to population growth; population growth leads to more businesses opening up shop locally... It all works together in a beautiful cycle that benefits everyone involved (except maybe the spiders).
What does this mean for the future?
While the growth of Tampa has been gradual, it's also consistent. The population continues to grow every year, and there are more residents than ever before. This is good news for anyone who wants to move to Tampa!
This trend will continue in the future too—so if you're not already living here, now might be a good time to start looking into it. With so many people coming into Tampa Bay each year, property prices are increasing quickly as well. In fact, if you're planning on buying property here soon then it's important that you act soon before demand outstrips supply completely!
Conclusion
With so many things to do, places to live, and history behind it, Tampa Bay is a great place to call home. If you’re looking for a new place to settle down or just want to visit sometime soon, then this city could be perfect for you. With more people moving here every year and so much going on around town there’s no reason not to visit this beautiful part of the country!
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