mallory b. hall
HVS Market Pulse: Tampa, FL
Mallory B. Hall | December 7, 2017
By Mallory B. Hall and Jeffrey D. Pennington Tampa's warm weather and relatively inexpensive cost of living are just a couple of the reasons people and companies are relocating to the Tampa Bay area from far and wide. Continued investment by both the public and private sectors is anticipated to set the stage for continued growth. These factors, among others, are driving hotel demand and room-night production, which is leading to an increase in new hotel developments. Area Developments The first phase of a multibillion-dollar development in Downtown Tampa officially broke ground in September 2017 with the Morsani College of Medicine and ...
Key Considerations for Historic Building Conversions
Shannon L. Sampson | February 14, 2017
By Shannon L. Sampson , McKenna Luke , Mallory B. Hall While conversions of historic buildings to high-end hotels have been taking place for decades, the trend has accelerated over the past several years, driven by a demand for one-of-a-kind hotel designs. The following looks at some of the challenges and rewards developers and hotel companies can expect when tackling a historic conversion project. The Opportunities The redevelopment of historic buildings offers quantitative and qualitative rewards, and these apply to both the developers and the communities and neighborhoods in which their projects are set. On a cost basis, for example,...
