Invest: Tampa Bay

Page 81

Demanding times: Tampa Bay is battling to strengthen its water and electricity services in the face of old obstacles Tampa Bay’s population is growing, but there are questions over the current infrastructure’s ability to keep up and adapt to the new demand. Issues with energy deregulation, obsolete pipelines and a failed fiber network installation characterized 2019 for Tampa Bay. The citizens of Florida this year suffered a setback in electricity generation, as the Supreme Court tossed out a petition that would allow “several rights, such as the right to purchase electricity from a provider of one’s choice, the right to purchase electricity in competitive wholesale and retail markets, the right to generate electricity oneself or in combination with others,” which the petitioners say will create greater competition in terms of energy rates. But the court ruling disagreed, calling the initiative “very damaging financial impact on state and local governments of more than $1.2 billion per year in increased costs and reduced revenues.” The state’s utilities argued that Florida’s customers already paid lower rates than the national average and that the deregulation of electricity would make costs more expensive for consumers. Tampa’s main energy utilities are Tampa Electric, TECO, People’s Gas, Duke Energy Florida and the

City of Tampa. But in Florida, it is not just energy that generates employment, it is also energy efficiency. In fact, 118,400 out of 174,100 jobs in alternative energy were related to energy savings. And in Florida in particular, there is now a growing emphasis on switching to cleaner forms of energy generation, such as solar and wind power from the big utilities. Ecosystem and climate change Florida’s state budget is $91.4 billion, yet the minimum amount required for protection against rising sea levels in the short term is $75.9 billion, according to the Center for Climate Integrity. Tampa alone requires $938.4 million, and with seas in the region expected to rise 8.5 feet before 2100, this does not even begin to cover damage to property, infrastructure, lives and livelihoods. In July, St Petersburg responded to this issue by exploring how to grow sustainably while protecting lives and property in low-lying areas. Although commissioners cannot rezone the county due to current regulations, they have implemented Coastal High Hazard Areas. This creates its own problem, whereby greater population density is required outside of these areas as the population swells. www.capitalanalyticsassociates.com

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Interview: Brian Kornfeld

6min
pages 153-155

Interview: Roger Germann

7min
pages 150-152

Roundtable: Tampa Bay Sports

7min
pages 156-160

Market voices: Destinations

4min
pages 148-149

Interview: Tim Jarrett, General

5min
pages 146-147

Interview: Santiago Corrada

2min
page 145

Where to? Tourism in Tampa

2min
page 144

Interview: Robert Bishop, Dean

7min
pages 140-143

Interview: Steven Currall

10min
pages 135-138

Rise up: Tampa Bay’s

2min
page 134

Interview: Randy Avent

3min
page 139

Roundtable: Care concerns

12min
pages 128-133

Interview: Phillip Dingle

6min
pages 126-127

Interview: John Couris, CEO

6min
pages 121-123

Interview: Mike Schultz

4min
pages 124-125

Hub attraction: Tampa Bay has

2min
page 120

Interview: David Call, Florida

3min
pages 117-119

Market voices: Good advice

2min
page 116

Roundtable: Key attractions

15min
pages 110-115

Interview: Tim Schar, Tampa

5min
pages 107-108

Interview: Rita Lowman

2min
page 109

Interview: Jorge Gonzalez

7min
pages 102-105

Interview: Jim Daly, Regional

2min
page 106

Interview: Gregory Kadet

7min
pages 99-101

Bankable: A tax-friendly

1min
page 98

Interview: Beth Alden

2min
page 94

Interview: David Green

7min
pages 95-97

Interview: Paul Anderson, CEO

2min
page 93

Interview: Joe Waggoner, CEO

9min
pages 90-92

Hard at work: The region is

2min
page 88

Interview: David Gwynn

2min
page 89

Interview: Catherine Stempien

6min
pages 84-87

Interview: Nancy Tower

2min
page 82

Interview: Gary Godsey

4min
pages 71-73

Interview: Todd Fultz, Managing

11min
pages 76-79

Interview: T.J. Szelistowski

2min
page 83

Demanding times: Tampa Bay

2min
page 81

Strong fundamentals: As cranes

5min
pages 74-75

Interview: Mark Metheny

3min
page 70

Market voices: Growth factors

1min
page 80

Roundtable: Commercial Real Estate

5min
pages 68-69

Interview: Alan Higbee

5min
pages 55-56

Interview: Nicholas Haines

7min
pages 65-67

Building value: The temperature

2min
page 60

Interview: Leroy Moore, COO

5min
pages 61-62

Market voices: Transformation

5min
pages 63-64

Market voices: Advantages

4min
pages 57-59

Interview: Bill Schifino, Tampa

3min
page 54

Interview: Douglas Wright

5min
pages 51-52

Interview: Hala Sandridge

3min
page 53

Evolution: The legal landscape

2min
page 50

Flourishing: The city of

1min
page 36

Market voices: Developing Clearwater

11min
pages 40-44

Interview: Scott Perry, CEO

9min
pages 45-49

Interview: Frank Hibbard

6min
pages 37-39

Roundtable: Female leaders in the Bay

5min
pages 32-35

Interview: Sandra Murman

2min
page 13

Market voices: St. Petersburg

1min
page 26

Interview: Kenneth Welch

13min
pages 27-31

Interview: John Flanagan, CEO

2min
page 25

Powerhouse: Looming concerns

1min
page 12

Interview: Lynda Remund

3min
pages 18-19

Roundtable: What is needed to sustain growth?

12min
pages 20-24

Interview: Craig Richard

9min
pages 14-17
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