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Dana Jacobsohn who is with the development says there are no plans for a Ritz-Carlton hotel but that if this goes well, that could change. But right now with the coronavirus situation, it was good timing for the Ritz-Carlton to take on projects like this. But they started this residential properties game plan about two years ago long before “social distancing” was in our vocabulary. They say Tampa fit what they were looking for. The TBBJ says there were 3 big key components – a developer, a market that can afford it, and property worthy of its luxury reputation.

Source: TBBJ

Marc Charles has worked in Radio since 2005. Marc has been active in media in Detroit, Ohio, Canada, and Florida. When he's not blogging for Money Talk Radio, he covers UFC. Follow Marc on social media @TheLegalManMarc & @TheOctagram.