FOWLER INNOVATIONS RETAINED THE FIRM KIMLEY-HORN TO PERFORM A MAKET ANALYSIS AND DEVELOP SITE VISIONS. THE FOLLOWING ARE SOME OF THE HIGHLIGHTS FROM THE STUDY . THE FULL STUDY IS AVAILABLE ON REQUEST.
The University of South Florida Tampa campus has 14 colleges offering 80 undergraduate majors and +130 graduate and doctoral-level programs. There are more than 43,500 enrolled students, 56% of which are full-time, and approximately 14,000 faculty and staff. Student enrollment has been trending upward, while faculty and staff employment has declined in recent years. USF is an important driver of real estate demand in the area surrounding the Logan Property, primarily for housing, retail, and hospitality uses.
AdventHealth Hospital, Moffitt Cancer Center, and the VA Hospital represent major employers in the area, providing a variety of health-related services to the region. Together these facilities, and the medical office space that is located nearby, represent a major concentration of healthcare and support jobs in Tampa. This concentration drives demand for specialty office space, as well as a wide variety of retail goods to serve local employees and visitors.
Anchored by Busch Gardens Tampa, tourism and recreation represent a major economic anchor in the trade area. Busch Gardens is the 11th most visited theme park in the United States. Visitors to the facility represent both day-trips for those living in the region and overnight stays, which drive demand for retail goods and hotels. Busch Gardens averages 4.2 million annual visitors; attendance has remained relatively stable in recent years.