Developers of 53-story mixed-use Riverwalk Place scratch office space, will devote entire tower to condos and retail
There is so much demand for condominiums in Riverwalk Place that its developers say they are scratching long-standing plans to combine office and residential space in one tower and will build only condos above retail and restaurant space. It is a major departure from the original plans for the tower, which was proposed as a pioneering project for Tampa's urban core — stacking residential units on top of office space and parking. One of the development partners in the project, Feldman Equities…
815 Water Street, apartment towers with street-level retail, breaks ground this week (Renderings)
The first residential building in Water Street Tampa — two towers of residential units perched atop street-level retail — will celebrate its groundbreaking this week. 815 Water Street, which sits adjacent to the Tampa Bay History Center near the entrance to the Tampa Riverwalk, will include a 21-story and a 26-story tower totaling 420 rental units, developer Strategic Property Partners said Monday. SPP, controlled by Tampa Bay Lightning owner Jeff Vinik and Cascade Investment LLC, will officially…
Well-known Colombian singer buys land in South Florida to build mansion, lists home for $5M (Photos)
Silvestre Dangond, one of the most popular singers in Colombia, has listed his South Florida home for sale, and acquired a lot in the same area for a larger mansion. Marianna Dubinsky of Engel & Völkers Miami Coral Gables represents Dangond in both deals. He paid $1.22 million to Francisco A. Mendez for the 38,006-square-foot lot at 5750 S.W. 91st St. He plans to build a 10,000-square-foot mansion, including a recording studio, there. He hired Pioneer Group to design the home, which will have…
Foreign homebuyer purchases decline in Florida
Over $22 billion was spent on Florida homes by foreign buyers.
So much for the starter house
With inventory tight, home prices high and interest rates rising, many homeowners are giving up on the idea of trading up from the first home they bought.
Downtown Tampa apartment tower embroiled in battle over ‘earsplitting’ noise with Franklin Manor
The owners of a 23-story apartment tower in downtown Tampa say several residents have canceled leases and others have refused to renew because of “earsplitting, reverberating noise” from Franklin Manor. Carter, the Atlanta-based developer that built and owns Nine15, has filed a lawsuit seeking both an injunction and damages from the ownership of Franklin Manor, a restaurant and nightclub across North Franklin Street from the tower. “As a result of Franklin Manor's excessive noise, it is more difficult…
Affordable housing becoming less attainable in Tampa
Housing prices in Tampa are on the rise, and a new report from Metrostudy shows that affordable housing is becoming increasingly more difficult to attain. According to the report quarterly new home starts are up 5.3 percent year-over-year. Annual starts are up 6.8 percent, while new home activity is continuing to shift to higher price points as starts under $250,000 are down 8.9 percent from 3Q17 levels. An obvious sign of a slowing market is contraction starting in the upper end, and while…
As Tampa moves toward densification, city council wants to get a handle on shipping containers, tiny houses and downtown parking minimums
As a traditionally car-dependent, sprawling metro, affordable urban housing and rethinking parking minimum requirements aren't issues Tampa has had to confront — until now.