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.