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Tampa development looks to capture demand for mid-priced apartments as rents rise

Rents in North Tampa have risen 30% since the pandemic
The Hillsborough River in Tampa, Florida, will connect the latest multifamily project from Impact Development Partners in northern Tampa to the city's downtown. (Getty Images)
The Hillsborough River in Tampa, Florida, will connect the latest multifamily project from Impact Development Partners in northern Tampa to the city's downtown. (Getty Images)
CoStar News
December 4, 2024 | 9:09 P.M.

An Atlanta-based development firm has purchased more than 30 acres in the Tampa, Florida, area for a workforce housing project that will bring more than 300 units to a city where rising rent prices have driven demand for mid-priced apartments.

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