Downtown Condo Market Report January 2020 Downtown Condo Market Report | Page 3

WHAT’S HAPPENING IN ST. PETERSBURG? • Median age went from 48.1 in 1970 to 41.2 in 2019!! • Population grew by 4.94% from 2015 to 2019 • 2019 had $247,673,696 in new residential construction and $58,728,139 in existing residential renovation THE SIMMS TEAM Read the full report on the City’s web site: Construction, continued expectations for 2020. You can read it at home/2020/1/15/a-year-of-rising- heres-whats-planned-for-down- town-st-pete-in-2020. Note to Readers: At press time, Rob is on a well-deserved bucket list cruise to Antarctica, so his reg- ular downtown construction update will resume with the spring issue. One of his cus- tomers offered an interesting take on Rob’s trip: “Noted St Pete real estate mo- gul Rob Johnson is on his way to Antarctica this month to kick off the opening of his new housing devel- opment in the most remote part of the continent. ‘Things are getting awfully tough in the Florida market so I developed a new market in an area that has been neglected by less adventurous realtors and de- velopers’ said Johnson. The new project named “Cold A** Ice Flats” features air conditioned structures made of melt resistant permafrost building blocks that will range from 25 to 50 square feet. The igloo styled homes are be- ing built in antic- ipation of further global warming. Mr. Johnson said that the perma- frost construction will withstand 50 years of melting at current melt rates. Homes start at $1.5 M. and include 500 acre low maintenance sites - perfect for grazing up to 1000 assorted penguins.” The SIMMS Team is proud to again be a sponsor of the Downtown Business Association’s volunteer visitor experience program, The Sunshine Street Team! Watch for these friendly folks in yellow t-shirts around downtown. SHARON SIMMS 727-403-5107 [email protected] TAMI SIMMS 727-743-6262 [email protected] rob johnson 727-599-7980 [email protected] See past issues and/or subscribe for monthly e-mail updates at Prefer to save a tree? Email us at [email protected] with your name and/or address and we’ll remove you from the printed mailing list. Sharon, Tami and Rob all hold the highly regarded Certified Luxury Home Marketing Specialist and Certifed Residential Specialist professional designations.