Tampa Bay development slows as costs tighten through 2026

Tampa Bay’s development machine is still moving; it’s just not expected to print through 2026.

Architects tend to feel those shifts early. They’re hired long before ribbon cuttings, sometimes years before a project finishes. By the time the public sees a building, the costs behind it have already been (re)negotiated, trimmed and occasionally abandoned.

The Tampa Bay chapter of the American Institute of Architects’ latest Voice of Architecture survey suggests 2026 will bring continued growth in real estate development – but at a slower pace than the last two years…

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