Q&A

"Given the current evolution, shopping malls are going to look different over the next 20 years – likely with smaller anchor stores, more entertainment concepts and restaurants, more experiences for shoppers, and daily service providers such as gyms, grocers, medical offices and even day care providers."

More investment activity is starting from New York and Florida, however, that gap will close as California investors get added clarity about opportunity zone funds, leading to increased involvement.

“From Polk County to Pinellas County, more people than ever are looking to build in Tampa, as evidenced by the tremendous amount of spec development going on today,” says JLL's John Dunphy.

With so much confusion surrounding the opportunity zone legislation, GlobeSt.com goes back to basics about what investors and developers need to know including their hesitation, what needs clarity, and the benefits and interest behind it all.

GlobeSt.com recently turned to Bob Swindell, president of the Greater Fort Lauderdale Alliance, to discuss the factors that have been driving job growth in the region and Broward County's rapid transformation from beach town to boomtown.

The primary submarket for this 18-hour city trend in Jacksonville is the downtown area, but it has been slow to develop. However, other urban core and inner suburban submarkets are picking up the slack with numerous multifamily developments.