Entries by Market Tampa Investments

The view above the Colonnade: Virage Bayshore, on site of former Tampa institution, tops out (Photos)

May 15, 2019 in /by

Virage Bayshore, the luxury condo tower on the site of the former Colonnade restaurant in Tampa, has reached its full height of 24 stories. Of Virage's 71 units — ranging in price from $1 million to $5 million — only four remain, the developer, a partnership of Ascentia Development Group and Batson-Cook Development Co., said Tuesday. The developer celebrated the tower's topping out on Tuesday. It's a construction tradition to place a tree on a topped-out tower; for Virage, the developer chose…

Developers and Tampa leaders turn dirt on Midtown Tampa site (Photos)

May 15, 2019 in /by

Vertical construction officially began on Wednesday on the 22-acre mixed-use Midtown Tampa project as developers, local executives and city officials came to mark the occasion. Tampa Mayor Jane Castor joined William “Bill” L. Haines, president of developer The Bromley Cos., and Nicholas Haines, CEO of Bromley, at the $500 million development site Wednesday morning. Also on site was Chef Chris Ponte, who will have a restaurant in Midtown. Read more about Midtown here: With big chunks of…

Judge denies Bayshore neighbors’ appeal of alcohol permit for Caspers’ Stovall House

May 10, 2019 in /by

A circuit judge has denied a request by a Bayshore neighborhood group to overturn Tampa City Council's decision to allow the Stovall House to sell alcoholic beverages. City council in September approved plans to convert the historic Stovall-Lee home on Bayshore Boulevard into a private social club. Tampa's Casper family — the owners of Oxford Exchange and the largest McDonald's franchisee in the state of Florida — purchased the property in March 2018 for $9.5 million. The Caspers' vision…

Looking for a fast sale? Silicon Valley is buying

May 8, 2019 in /by

Tech companies have begun to nibble away at the edges of the residential real estate industry, offering virtual open houses, digital closings and other services. Now they are coming straight for the real estate transaction itself through “instant buying,” in which companies buy homes, perform some light maintenance and put them back on the market.