Rome Yard - West Tampa Legally we are not allowed to provide investment advice we can only discuss what we are seeing in the market and in permitting. Therefore, your homework from this post is to write down the streets close to the subject properties and watch the growth and development over the next ten years😉! • If we are entering a recession two things come to mind 1. The City will continue to push out its development projects according to Demand. 2. Affordable/Workforce Units typically are still within demand if not more demand during the likelihood of a recession. • The City of Tampa and Related Group have had a record symbiotic relationship thus far and are expanding on that dual partnership, as Rezoning permits have officially been filed for another 18.53 acres in the West River District. A total of $300MM or more is set to be injected into an area titled ‘Rome Yard’ bringing forth a mixed-use/mixed-income redevelopment on vacant land. • Rome Yard development provides the construction and extension of ‘The Riverwalk’ from Rome Avenue to the Riverwalk’s Northern Terminus near Parcel II. The residential = 1,200 dwelling units and 40 townhome villas, 600 of which will be dedicated to workforce/affordable housing. The retail/commercial space = A 30,000 Sf Cultural Center, 20,000 Sf of Retail Uses, and a 6,000 Sf Workforce Training Center. • $75M of the scope is earmarked for minority and women-owned businesses, this project contributes to the 120-acre West River Plan along with the Mayor’s goal of 10,000 affordable/workforce units by 2027.