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DOWNTOWN TAMPA FLORIDA 2016 - Downtown Tampa is HAPPENING! Shovels turning dirt, red cranes a constant in the skyline, large scale development projects announced with regularity, commercial office towers sold at record prices, and ceremonial ribbons being cut as private and public development/investments soar to an all-time high! PUBLIC SPACES Tampa Riverwalk - The Kennedy Riverwalk Segment opened in early 2015, resulting in 2.2 miles of contiguous urban waterfront walkway Selmon Greenway - Bicycle and pedestrian path opened in early 2015 Water Works Park - Opened Summer 2014 Julian B. Lane Riverfront Park - Master planning process in 2014 TRANSPORTATION & LAND USE PLANNING Public and Private Sector Plans guiding community growth Imagine Hillsborough 2040 Long Range Transportation Plan (2015) Downtown Transit Assets & Opportunities (2014) Tampa Historic Streetcar Extension Study (2014) Port Tampa Bay Vision (Unveiled 2015) – 45 acres SPP Tampa Bay Waterfront 2020 Vision (Unveiled 2014) – 40 acres RESIDENTIAL – Supply and demand on the rise +1,500 Newly Opened Units 2012-2016 - Crescent Bayshore | NoHo Flats Pierhouse Channelside | ENCORE!® | The Aurora | SkyHouse Channelside Madison Heights +4,500 Planned /Under Construction Units - 500 Harbour Island |The Aurora The Fitzgerald | The Channel Club (with Publix Grocery) |AER | NINE 15 The Heights | The Manor | NoHo Flats II | Related Group’s Tribune Site Feldman Equities/Tower Realty ‘s Riverwalk Tower| Gas Worx | Riverwalk Tower Port Tampa Bay Vision | SPP Waterfront Vision HOTELS 2 - New (adaptive reuse) 1 - Planned 4 - Renovations Le Méridien Tampa - Opened June 2014, 130-room hotel converted from 109 year old Federal Courthouse Aloft Tampa Downtown - Opened July 2014, 130-room riverfront hotel converted from old Mercantile Bank Planned - 400-room hotel adjacent to Amalie Arena MARKETPLACE New and expanding retail, restaurants, and personal service businesses opening to meet the demand of growing residential and visitor populations. DOWNTOWN TAMPA FLORIDA Quick Facts General Education Size of Downtown Special Service District: 760 Acres (220 blocks) Number of Schools: 9 Number of Students: 11,000 Development & Investment Levels of Education: Pre-K through Jurist Doctorate Greater Downtown Residential: Types of Schools: Public & Private Newly Opened Units 2012-2014: +1,500 Total Open Residential Units: +5,800 Arts & Entertainment Units Under Construction: +990 Museums and art galleries: 10 Planned Units (does not include Port Vision): +4,400 Performing Arts: 2 Average residential unit sale price: $222/sq. ft. Events/performances attendees 2014: +4 million Average apartment rental rate: $1.90/sq. ft. per month Parks & Green Spaces Planned (Other): Mixed Use; Master Plan includes hotel, meeting space, medical campus, Parks: 12 (3 dog parks) retail/restaurants, parking, office Length of Tampa Riverwalk: 2.4 miles Completed Segments: 9,925 feet Kennedy Segment (opening March 2015): 1,460 feet Office Space & Workforce Doyle Carlton Segment (planned): 2,050 feet Downtown employees: 60,000 To be Developed: 4,230 feet Total office space: 6,405,382 SF Average vacancy rate: 13.1% Residential Demographics Average rent: $22.10 per square foot Living in downtown core: +8,100 Living within 3 miles of downtown: 98,080 Retail & Amenities Number of restaurants: 134 Age Demographics: Number of restaurants serving dinner: 82 25 to 34 = 35.7%; 35to 44 = 26.3%; 45 to 54 = 20.8%; Number of movie theatres: 1 55 to 64 = 11%; 65+ = 4.3% Number of banks/credit unions: 18 Number of churches: 9 Gender: Number of medical/physical therapy/dental offices: 16 Female - 46.5% Male - 53.5% Fitness Centers: 12 Veterinary/pet services: 2 Household Income: Number of retail stores: 61 Up to $50K = 10.4%; $50K to $99K = 24.3%; Grocery stores/Specialty food markets: 3 $100K to $149K = 26.6%; $150K to $199 = 15.8%; $200K to $249K 11.7% $250K + = 11.3% Hotels & Conventions Hotels: 12 Hotel rooms: 2,974 2014 Average hotel occupancy rate: 68.8% 2014 Average daily rate: $147.09 2014 Revenue per available room: $101.15 2014 Convention attendees: +700,000 (at convention ctr. only) Some figures are an estimate derived from a variety of sources. Transit & Parking Demographic figures based on 2012-2013 Downtown Biennial Study. Public parking spaces: + 23,000 Sources include: 2014 Tampa Downtown Workforce-Residential Study, Cushman On-street parking spaces: + 2,000 Wakefield, City of Tampa, Hillsborough County, Tampa Bay Businesses for Bike racks: 200 Culture & the Arts, U.S. Census Bureau, Tampa-Hillsborough County Planning BikeShare stations: 30 Commission, Metropolitan Planning Organization, Smith and Associates, Inc., BikeShare Bicycles: 300 Arts Council of Hillsborough County and Visit Tampa Bay Bike lanes current or planned: 14 Street way-finding signs: 174 Disclaimer: The Tampa Downtown Partnership maintains that the information Bus Routes into downtown: 27 provided is based on reliable information from various sources. The information TECO Line Streetcar: 2.3 mile line is subject to change without notice and should be clarified for any updated City-to-City Service: Tampa International Airport; Amtrack; Megabus; figures prior to use. Greyhound; redBus Tampa Downtown Partnership | TampasDowntown.com | 813.221.3686 March 2016 .
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