Friday, April 13, 2007

Experts: Polk Real Estate in Transition

They say the market will thrive again as the area merges with Orlando and Tampa.
By Jeremy Maready The Ledger LAKELAND

The face of Polk County's real estate market is changing. Before too long, Polk County's Interstate 4 corridor is expected to merge into the sprawls of Tampa and Orlando, creating a giant megapolitan area. And as avaiable land becomes scarce in South Florida, the local real estate market is destined to thrive again. Those were the messages from land and development experts at Tuesday's Florida Real Estate Land Conference at Eaglebrooke in Lakeland.The conference is sponsored by Dean Saunders, owner and broker of Coldwell Banker Commercial Saunders Real Estate in Lakeland.Central Florida is one of only a handful of locations in the country where the merge of the metro areas could happen, said Robert Lang, co-director for the Metropolitan Institute at Virginia Tech."This county is in a privileged location."

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