North Port for future federal data reporting has officially surpassed Sarasota and Bradenton in population. Consequents of this change will likely have a positive impact on many levels for the city.
Up until now the “metropolitan statistical area” has been Bradenton-Sarasota-Venice, FL MSA, moving forward the region is officially North Port-Bradenton-Sarasota, FL MSA. Federal government documents will now refer to the area as such, significantly increasing the city’s presents and exposure in the eyes of many who make business development decisions. Population growth has been explosive over the last ten years in North Port, increasing from just 22,000 to 55,759. This new data puts the city ahead in population of Bradenton at 54,051 and Sarasota 53,160 and displaces Venice altogether from the MSA title.
Overtime North Port could enjoy future economic benefits simply due to improved name recognition. As an example, federal data is typically used at least in part by business executives analyzing and ultimately making decisions on where to move or develop future business. Bottom line this will benefit city commissioners efforts, who have targeted the following five industries retail, hospitality, education, health care and light manufacturing as best fit for North Port’s future growth. The increased exposure, which by the way is free will help their efforts in gaining name recognition.
So what does this mean for North Port and its real estate market? Will this be the precursor for an upward trend in real estate values and future development? Well time will tell but most believe this should prove helpful in generating interest in North Port, ultimately delivering enhanced value. By establishing North Port’s own identity and separating itself from Sarasota and Punta Gorda FL real estate market. North Port has only been around for about 50 years and it shows in a positive way with a number of nice neighborhoods including 2 great golfing communities in Bobcat Trail and Heron Creek. In all this should be viewed as good news for North Port.
Interested in learning more about Port Charlotte homes FL for sale and Punta Gorda homes for sale or the beautiful waterfront communities of Punt Gorda Isles, Burnt Store Isles and Burnt Store Marina visit www.paradiseinpuntagorda.com or contact Ken Poirier by calling 941-661-9773 or via email This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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