Three-building, mixed-use development Lafayette Place proposed for downtown Tampa – Tampa Bay Business Journal

A Tampa-based real estate firm is applying for a mixed-use development rezoning of six acres near the Kennedy Boulevard Bridge.

Source: www.bizjournals.com

A local Tampa company recently announced a new three-building, mixed-use project called Lafayette Place on the Hillsborough River in downtown Tampa.

 

Lafayette Place will offer three new structures:

  • Lafayette Tower, with 355 linear feet of Hillsborough River frontage, will include office, hotel and retail uses.
  • Lafayette Parkview will offer extraordinary high-end residential homes, retail, and parking.
  • Lafayette Central will offer high-end residences, retail, and parking

 

The group has owned the properties for nearly 30 years and the timing seems curious as there are already nearly a dozen other multifamily projects planned or under construction in the immediate area along with two separate office projects.  The office component is particularly eye raising considering the relative low demand for new office space in the Tampa Bay metro area.

Great news for downtown Tampa: Grocery store in Channel District breaks ground

A Publix grocery store will open in downtown Tampa by 2018. #groundbreaking

Source: www.83degreesmedia.com

Tampa based Mercury Partners is finally moving forward on their planned,  The Channel Club mixed-use project , a 323-unit complex in a 21-story building near the corner of East Twiggs Street and Meridian Avenue which will also house a 40,000 square foot Publix grocery. This is big news for the Channel District, located just outside the Tampa CBD as the Publix legitimizes the district is a true urban neighborhood.  The store is expected to be completed in 2018 and the city plans to spend $1.5 million on a public park next to the grocery,

Where to Be Next

An uneven geographical recovery means some markets may be nearing cyclical peaks, while others have months and months of headroom.

Source: www.builderonline.com

Florida has 5 of the top 10 metros for Job Growth in the United States, including 3 of the top 4.  These strong demographic trends continue to underscore why Florida is one of the leading states for real estate investors of both residential and commercial asset classes. 

3 reasons Johnson & Johnson (NYSE: JNJ) picked Tampa for a global services center (Video) – Tampa Bay Business Journal

Workforce is key to the company’s success, a top executive says. VIDEO

Source: www.bizjournals.com

More companies continue to bring high paying jobs to the Tampa Bay area.  Johnson & Johnson’s Global Services Center currently houses about 250 workers at an 88,500-square-foot facility at 8800 Grand Oak Circle in the Hidden River Corporate Park. The company expects more than 500 workers there by 2020.