Forbes Ranks Tampa Bay as 8th Fastest Growing Metro in 2017

Good news for our for our office portfolio and the Tampa Bay business community. Forbes ranked the Tampa-St. Petersburg-Clearwater MSA as the 8th fastest growing metro in the United States. This ranking puts our area ahead of places such as Portland, OR, Denver, CO, Atlanta, GA, Miami, FL, and Raleigh, NC. The projections for 2017 include:

  • Population growth: 1.76%
  • Job growth: 2.43%
  • GMP growth: 4.75%
  • Wage growth: 7.60%
  • Home price growth: 7.10%

Notably, Forbes predicts that Tampa-St. Petersburg-Clearwater will experience the 5th highest wage growth and the 9th highest growth in GMP compared to the other MSAs. Overall, Florida dominates the list with 9 of the top 25 fastest-growing MSAs.

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