Roundup 12-30-2022
Due to the holidays, we have an abbreviated Roundup this week. Have a safe and happy New Year.
Contents
— 914 Morgan (aka 505 E. Tyler)
Meanwhile, In the Rest of the Country
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When last we left the One Tampa condo proposal, it was a 55-story and over 600 feet and a new tallest for Tampa (here). Well, now the website says this:
That is quite the unreported on shrinkage. The cause is unclear. Some of the skyscraper forums discuss FAA concerns about the height and Peter O. Knight Airport, which would be odd because there are rather tall buildings closer to the airport. Or there could be market forces. Or something else. We really do not know, but, for some reason, it seems we will have to wait to cross the 600 ft threshold.
— 914 Morgan (aka 505 E. Tyler)
There are new renderings of the apartment tower proposal for 914 Morgan (aka 505 E Tyler) which we discussed recently (here):
We are not going to get into the missing quarter of the lot, surface parking, land banking, and the City’s poor tax code right now. Rather, we are going to note that the proposed building looks decent in the renderings (which is what renderings are for and, in our opinion, it looks better from the narrow sides of the tower than the wide sides). However, the garage screening is still unclear and in some of the renderings you see car silhouettes in the garage. Since renderings are basically attempts to show the building at its best, if they represent visible cars in the garage, the screening probably will not be the best.
Once again, the City could actually care about the built environment and do something about screening, but there is no evidence that is does or will.
When last we left the proposed Harbour Island AC Hotel (here), the project had been reject then brought back in reduced form, but the neighbors still opposed it. So, the City Council dutifully rejected it:
This is what is across the street:
Litigation is always uncertain but, if this goes back to a lawsuit the City stands a decent chance of losing and it will cost taxpayer money. Thus, in an interesting take on wealth distribution (as with a case years ago in Hyde Park that cost taxpayers millions and resulted in the lot in questions now having Hyde Park House on it), the City will be taking money (that will not be used for real needs) from people all around the city (including not very wealthy ones) for this:
“Over there is the city. Here is suburbia. It works great as is,” Hallenbeck said.
Except it is not suburbia, it is downtown. And even in suburbia, the rules should be followed. (And if the City loses, something will get built there anyway.)
If the City did not like the rules, it should have changed the code before this came up.
When last we left 940 Channelside, there was a proposal for a 31-story residential building attached to the Place. (here). The garage screening was a bit ambiguous. Now, there have been some changes:
You can see that the garage screening is essentially gone, which is what should be expected when the City government does not seem to care about the aesthetics of the city. Developers are in business and will most will only spend what they have to (which is completely reasonable from their perspective). It is up to the City government to set standards. And Tampa sets them very low (if at all).
We have already discussed the two tower VeLa proposal in the Channel District at 1242 Channelside. (here, here, and here) Now, there is third tower proposed, from URBN Tampa Bay:
You can find the Accela entry (1236 Channelside) here.
The line drawing in nice enough but leaves out a lot of details like materials and garage screening. There is a bit of retail, but we would like to see more given that the buildings fronts Channelside. At least the other buildings in the group have more retail.
We generally like the VeLa series (as much as we can, given the information we have). However, given the missing information, we cannot have a strong feeling one way or the other about the third building.
At least the recent proposals for the Channel District are higher density than in the past. Too bad the City settled early on.
If you think it feels more crowded these days, this might be why:
Florida, which has seen a surge in migrants since the onset of the pandemic, was the state with the fastest-growing population in 2022, taking top spot for the first time since 1957, Census Bureau data show.
Rank | Geographic Area | April 1, 2020(Estimates Base) | July 1, 2021 | July 1, 2022 |
1 | California | 39,538,245 | 39,142,991 | 39,029,342 |
2 | Texas | 29,145,428 | 29,558,864 | 30,029,572 |
3 | Florida | 21,538,226 | 21,828,069 | 22,244,823 |
4 | New York | 20,201,230 | 19,857,492 | 19,677,151 |
5 | Pennsylvania | 13,002,689 | 13,012,059 | 12,972,008 |
6 | Illinois | 12,812,545 | 12,686,469 | 12,582,032 |
7 | Ohio | 11,799,374 | 11,764,342 | 11,756,058 |
8 | Georgia | 10,711,937 | 10,788,029 | 10,912,876 |
9 | North Carolina | 10,439,414 | 10,565,885 | 10,698,973 |
10 | Michigan | 10,077,325 | 10,037,504 | 10,034,113 |
From KTLA here.
Bloomberg gives this explanation:
But Miami is not the fastest growing part of Florida. In fact, recent Census reports say it lost population.
There are many estimates of population growth and surveys. Here is one from Inspection Support Network (here)
Rank | Metro | Percentage change in population (2016–2021) | Total change in population (2016–2021) | Population 2021 |
1 | Austin-Round Rock-Georgetown, TX | +14.1% | +290,410 | 2,352,426 |
2 | Raleigh-Cary, NC | +11.1% | +144,557 | 1,448,411 |
3 | Jacksonville, FL | +11.0% | +161,643 | 1,637,666 |
4 | Orlando-Kissimmee-Sanford, FL | +9.6% | +236,342 | 2,691,925 |
5 | Nashville-Davidson–Murfreesboro–Franklin, TN | +9.3% | +171,182 | 2,012,476 |
6 | Charlotte-Concord-Gastonia, NC-SC | +8.1% | +201,349 | 2,701,046 |
7 | Dallas-Fort Worth-Arlington, TX | +7.9% | +564,857 | 7,759,615 |
8 | San Antonio-New Braunfels, TX | +7.2% | +175,512 | 2,601,788 |
9 | Las Vegas-Henderson-Paradise, NV | +7.2% | +153,640 | 2,292,476 |
10 | Salt Lake City, UT | +6.6% | +78,340 | 1,263,061 |
11 | Atlanta-Sandy Springs-Alpharetta, GA | +6.2% | +356,085 | 6,144,050 |
12 | Indianapolis-Carmel-Anderson, IN | +6.0% | +120,044 | 2,126,804 |
13 | Houston-The Woodlands-Sugar Land, TX | +5.9% | +400,338 | 7,206,841 |
14 | Phoenix-Mesa-Chandler, AZ | +5.8% | +272,809 | 4,946,145 |
15 | Tampa-St. Petersburg-Clearwater, FL | +5.6% | +170,551 | 3,219,514 |
16 | Sacramento-Roseville-Folsom, CA | +5.2% | +119,895 | 2,411,428 |
17 | Richmond, VA | +5.2% | +65,591 | 1,324,062 |
18 | Seattle-Tacoma-Bellevue, WA | +5.1% | +195,198 | 4,011,553 |
19 | Oklahoma City, OK | +5.0% | +68,662 | 1,441,647 |
20 | Columbus, OH | +4.8% | +98,825 | 2,151,017 |
At least according to this study, we have significant growth, but other, smaller areas (usual suspects like Nashville, Austin, Charlotte, and San Antonio) seem to have seen faster growth in rate and absolute numbers (though it would be interesting to see the 2022 growth as well).
Meanwhile, In the Rest of the Country
Parking is a topic of interest these days, more specifically the excessive amount of parking required by local codes. We ran across a couple of interesting articles on the subject. First, from Bloomberg an article about garages:
Except in Tampa, where the City is happy to have garages feature prominently (like the TGH garage on Kennedy).
You can read more here.
Then there was a Guardian article on the more general subject of the amount of parking:
You know the story, and that Tampa is behind the curve on this as well (we will not even mention Hillsborough County).
You can read more here.
Hello: Have been a subscriber for many years and appreciate the commentary. Don’t always agree, but that’s a good thing. On the Harbour Island issue: Am a Harbour Island Resident. The property is not currently zoned for that hotel. Harbour Island, as originally zoned in the 1980’s, allowed basically for anything to be built anywhere because there was zero tax revenue coming in. If you look at the original plans for HI, it called for hi-rises and business parks all over. There was to be a hotel and convention center at the southern tip of the island. That is why there is a four lane separated highway on the east bridge coming on to the island. Back when the Selmon was known as the Crosstown Expressway, there was to be an E/W N/S grid of four lane highways in the county, but that never came to fruition. The four lane would take you straight down to the convention center. As HI developed, it went through a number of real estate downturns. That is why, south of Knight’s Run, it all became residential. The developers realized in the early 90’s when this happen it would only be commercially viable to build residential homes/condos, as building business parks which would be empty wouldn’t work. We have had only about 7 Class A hi-rise office buildings in downtown Tampa for years. The Liberty Group wanted to re-instate zoning rules which were in effect in the 1980’s and do not apply to the Island as it as evolved. The photograph in the article is misleading; if you drive the area you can see that size commercial on a .7 acre does not fit. It is akin to taking a pic of all the hi rises which abut Central Park in NYC, and stating you should be able to build a hi rise in Central Park. As to the viability of the lawsuit, it is very doubtful whether that will be successful.
As to the developer himself, you will recall that he tried to buy Channelside in 2013 when the Irish bank owned the building, and the Port owned the land.When rebuffed, his partner told the port directors “they would get their hands cut off” in his country if they had similiarly “overreached.” Something will be built there, that is for sure. Shah’s attorney, in his rebuttal, already stated that they had a $5mill offer for what they had paid a little over $1mill five years ago. Although it is a marathon 3.5 hearing, please have a look as it gives a broader picture. Perhaps a decent community center, combined with a dog park is much more appropriate. Something like what has been done at the southern end of Davis Islands. Even a boutique 5 story hotel with shops; not a Marriott AC which the only one in Tampa is near the airport – where it belongs. Thanks for listening, and if you do not agree respect your position. Keep up the good work. Thanks