ZOM Florida Break Grounds on Luxury Garden Apartments in Tampa
Source: www.broadwayworld.com
ZOM Florida, in partnership with The Mattoni Group and Clarion Partners recently broke ground on Azola at Magnolia Park, a 366-unit apartment community located on Progress Boulevard near the Interstate 75/Highway 301 interchange and South Falkenburg Road in Tampa Bay.
TAMPA — The City Council voted Thursday to sell a vacant block next to City Hall to a New Orleans developer for $7.5 million — the most paid for a downtown block in recent memory.
Source: www.tampabay.com
The city of Tampa has decided to sell a vacant block in downtown Tampa for $7.5 million to HRI Properties. HRI plans to build a 21-story apartment tower with a 223-room Hyatt Centric Hotel, 225 apartments and a 408-car garage on the block, which is at the southeast corner of E Kennedy Boulevard and N Florida Avenue. Seven thousand square feet of retail space at street level will include a restaurant and a Starbucks.
The project will be the first of its kind for the Tampa area and HRI paid well over market value for the site.
The groundbreaking for Dunedin Commons Apartments took place on Wednesday, December 14 at 10 a.m. at 375 Patricia Ave. Dunedin Commons will be Dunedin’s first substantial high-end luxury multi-family project to open in more than 15 years. The collaboration between the developer and the City…
Source: www.tampabaynewswire.com
Primerica Group One recently broke ground on Dunedin Commons – a 23+-acre mixed use project with 280 apartment units and 8,600 square feet of retail space on 13.8 acres. This will be Dunedin’s first substantial rental project in nearly 15 years and should be a great addition to the community.
Other groups are interested in the property.
Source: www.bizjournals.com
Dinerstein Cos. has pulled out of a development deal along Bayshore Boulevard in Tampa, Florida. They were proposing a project height much higher than previously negotiated and approved with the neighborhood association and it was no surprise to local market experts this was going to be an extreme uphill battle, if not impossible altogether. The site is owned by Crescent Communities who developed the adjacent 2Bayshore Apartments which they subsequently sold and decided not to pursue and 2nd phase to the original project.
Sites with blank walls in the booming neighborhood will give way to more engaging architecture — eventually.
Source: www.yourobserver.com
The Rosemary District continues to undergo massive redevelopment highlighted by the Urban Flats project along Fruitville Road. A joint venture between Tampa based Framework Group and Vertica Partners, the 228 unit project is well under construction with the first units expected to be delivered in summer 2017 and wrapping up in late 2017.
A Tampa developer has a new vision for a prime corner of Kennedy Boulevard.
Source: www.bizjournals.com
WPG, a Tampa-based developer, is asking the city to rezone the half-acre property at 3702 W. Kennedy Blvd. so it can build two multi-tenant strip centers totaling 22,600 square feet with surface parking, according to site plans filed Monday.
This site had been previously proposed for a mixed-use development with several stories of residential over retail, however, was challenged from the beginning from a feasibility standpoint.