Tampa Bay’s skyline is changing fast, and it’s not just about taller buildings—it’s about smarter ones. Mixed-use developments are leading the charge, blending retail, office, and hospitality into single, vibrant hubs. Take “The Central” in St. Petersburg’s EDGE District, slated to open in March 2025. This project pairs a 531-space parking garage (400 spots for the public) with a 168-room Marriott Autograph hotel, proving Tampa Bay’s commercial real estate market is all about multi-purpose innovation.

Why the boom? Tampa Bay’s population keeps growing—over 3 million in the metro area now—and so does demand for spaces that serve multiple needs. Businesses want foot traffic from retail neighbors, residents crave convenience, and investors see long-term value. From Water Street Tampa to Midtown, these projects are popping up across the region, driving up property values and rental rates.

For Tampa CRE investors, this trend signals opportunity. Mixed-use properties often yield higher returns thanks to diverse revenue streams, but they require sharp management to balance tenant needs. At Brokers International, we’re seeing clients lean into these deals, leveraging our Tampa Bay expertise to navigate zoning, leasing, and market shifts. Ready to explore this wave? Let’s talk about how mixed-use can fit your portfolio.