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V5 I2 Florida Homes Spring 2013

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Sun Coast NEWS Dali Museum Photography: Tampa Bay CVB VisitTampaBay.com Tampa Harbor T Tampa's cruise terminal has been named one of the best in the world in a report by Fox News. The cruise terminal is not only modern and centrally located, but it is also extremely close to one of the top-rated airports in the nation. City planners wisely used the valuable seaside property to incorporate public parks, an IMAX movie theater, the Florida Aquarium and shopping and dining facilities. There are plenty of first-class hotels nearby, as well. Tampa now homeports cruises from four cruise lines: Carnival Cruise Lines, Holland America, Royal Caribbean and Norwegian Cruise Line.. An economic blog from the Federal Reserve Bank of Atlanta reports that for Tampa's residential and commercial real estate markets, "the worst is behind us, and the outlook is positive." The report sites rising home prices have been spread across the region, both monthover-month and year-over-year. On the commercial side, construction activity during the first quarter was up slightly from a year earlier, with most of the activity driven by tenant improvements. "The sentiment is that now is the right time to buy space rather than rent," the blog said. "Developers also noted that labor and material prices were on the rise." The future of Tampa International Airport is a go. The Hillsborough County Aviation Authority has voted to approve a new $2.5 billion master plan for the airport, charting a course for how TIA will expand and handle growth in the coming years and decades. New numbers released by the Department of Economic Opportunity show Florida's unemployment rate dropped to 7.8 percent in January, while the Tampa Bay area's unemployment rate increased slightly to 8 percent. Florida's unemployment rate fell below the national rate for the first time since the beginning of the 2008 recession. The local numbers included areas of Hillsborough, Pinellas, Pasco and Hernando counties. Humana's St. Petersburg-based unit that manages chroniccare patients will be adding 100 employees over the next six months. Humana Cares/ SeniorBridge will also be expanding its 75,000-square-foot national care center, adding about 8,000 square feet. The health insurer, is one of the Tampa Bay region's largest employers, with about 3,000 employees in the area. www.FloridaHomesMag.com | 31

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