| Follow Us: Facebook Twitter Youtube RSS Feed

Housing : Development News

160 Housing Articles | Page: | Show All

New Bayshore high-rise would bring more luxury living to Tampa's waterfront

A new residential condominium has been proposed for the lot next to Fred Ball Park on Bayshore Boulevard, but the city isn't convinced by its development plan. Called The Sanctuary at Alexandra Place, the building joins a group of high-rises sprouting along the waterfront road, giving a 3D-rendered shape of things to come.

Bayshore Boulevard hosts some of Tampa Bay’s most coveted real estate, so it’s no wonder why developers have begun buying up old buildings with plans to erect high-rise residential towers in their place. The historic Colonnade Restaurant was purchased in 2016 for $6.2 million to make room for the Virage Bayshore, a 24-story, 71-unit condominium. Half-a-mile north at Bay-to-Bay Boulevard, construction is underway on a 15-floor, 32-unit condo called the Aquatica on Bayshore.

The Sanctuary will be built two blocks north of the Aquatica. Offering just 15 units -- one on each floor -- The Sanctuary is designed for luxury. Seamless glass on all four sides will give residents sweeping views of Hillsborough Bay. Polished porcelain tiles will occupy the floors, Gaggenau appliances will be fitted in the kitchen and Rohl plumbing fixtures in the bathrooms. Units will start at $2.3 million.

“[We] recognized that the residences that were selling fastest and in most demand were those that had a direct view of the water, of Bayshore, and the ones that were penthouses,” Brian Taub, whose company, Taub Entities, is leading developing, tells 83 Degrees. “So we decided to do nothing but essentially all penthouses. It will be the only building that is exclusive in so much as it's one unit per floor, glass on all four sides, and it's a small boutique building meaning you're not sharing an elevator with a lot of people.”

Before Taub and his partners can break ground on the building, they’ll have to convince the city to grant them approval on their current development plan. The developers have made a rezoning request to PD (planned development), a category that offers more flexibility in construction. Prior to its construction, the Aquatica also rezoned to PD.

“When you build your site plan according to what your zoning code, then you have to build to the very specific requirements that apply to that zoning code,” Thomas Snelling, Director of the Planning and Development Department for the City of Tampa, says. “With a PD you have the ability to craft regulations that will apply to you.”

The city has identified two inconsistencies with development code in The Sanctuary's rezoning request, including the removal of a non-hazardous grand oak tree.

“Grand trees are very large and they're very important to the city and the neighborhoods and communities,” Snelling says.

A representative for The Sanctuary will have a chance to argue their case at a public hearing at 6pm Thursday, April 26. 

Publix under construction at USF Tampa, across from The Hub

Residents of student dormitories and other housing at or near the University of South Florida’s main campus will soon have a new shopping venue. A Publix Supermarket is rising on Fletcher Avenue at USF Palm Drive on the northern edge of campus. It’s expected to open in the last quarter of 2018 or first quarter of 2019.

“This is a brand new store from the ground up,” says Brian West, Media and Community Relations Manager for Publix’s Central, Western, and Southwest Florida region, who indicates the store will not replace any of the supermarket’s existing operations.

The Publix will be less than 30,000-square-feet, roughly half the size of its regular stores and comparable to the Publix opened in downtown St. Petersburg in March 2017, he says. 

It will feature an outdoor seating area and a grab-and-go food section with prepared foods such as sandwiches and salads prepared daily.

Construction began in February as part of a new walkable village-concept area on the northeast corner of the USF campus that includes new dorms, a fitness center, a food court and outdoor gathering spaces.

While traditional stores staff around 120, the number and timeline wasn’t yet available for the new Publix. But the company typically prefers to transfer existing employees to their new stores initially.

“There’s a very small number that are brand new to the company that would start at a brand new store,” West says. “We transfer existing associates.”

That way new employees are surrounded by experienced ones, he explains.

Job candidates can apply at kiosks at existing stores, and their applications are available at surrounding stores. It takes about 45 minutes and applications will remain active for 30 days. After that, applications would need to be renewed.

“Surrounding stores are always hiring,” he says. “We’re in a fortunate position where we’re always hiring new help.”

The Lakeland-based grocery chain, founded in Winter Haven in 1930 by the late George W. Jenkins, has grown to more than 1,100 stores. The privately-held company, with stores in Florida, Georgia, South Carolina, Alabama and Tennessee, ranked 47th among the 2018 FORTUNE “100 Best Companies to Work For.” It ranked first in the Tampa Bay region followed by the Clearwater-based Baycare Health System, the 65th.

The northern fringe of the campus is lined with housing and medical-related facilities. The grocery will be in close proximity to University Community Hospital, John Knox Village and the USF golf course, The Claw.

On the western side of campus, a luxury student housing complex is being constructed on the east side of University Mall. Called The Standard, the complex is expected to open for leasing in fall of 2019.


Surban trend: Affordable homes for millennials who don't mind the commute

In an era in which many potential homebuyers may feel priced out of the downtown and first tier suburbs, homebuilders in the Tampa Bay Area offer affordably priced homes within 20-to-35 miles of Tampa.

First-time homebuyers, millennials and GenXers, are gravitating toward housing developments that offer a surban (suburban+urban) living experience (think West Chase) close to major traffic arteries like Interstate 75, U.S. Highway 301 or U.S. Highway 41.

“They want a nice home,” says Sean Strickler, Division President of PulteGroup’s West Florida Division, which caters to first-time buyers through its Centex brand. “They are a little bit more willing to sacrifice commute time to ensure that they find a home that meets their budget.”

Wesley Chapel has been a popular area. “Pinellas is pretty much built out,” Strickler says. “We are looking to expand our footprint into Polk. As land prices continue to rise, we need to consider areas that are a little bit further out but still are along major thoroughfares.”

Pulte has secured 104 acres for a new Westbridge community in Wesley Chapel, which will feature 350 single-family homes priced in the mid- to high-$200,000s. “It’s a great location, but price-wise it’s still going to be very affordable.”

Situated on Wells Road across from Wesley Chapel Elementary School, Weightman Middle School and Wesley Chapel High School, the community offers easy access to Interstates 75 and 275, State Road 54, the 140-acre Wesley Chapel District Park, and shopping at Wiregrass and Premium Outlet Mall.

Groundbreaking is planned in late summer or fall, with construction on models beginning in early 2019.

“We’ll have our first new homeowners in the second part of 2019,” he says.

Wesley Chapel has been attractive because of the small town feel, parks and open spaces. “People like that it’s north of the 275-75 split,” he says. “Families are really drawn to it, simply because of the good schools.”

Those with deeper pockets are being attracted to the Wesley Chapel area Epperson, a master-planned community of 1,500 homes which is part of “The Connected City” especially built on a fiber network allowing gigabit Internet speeds. It also features the country’s first Crystal Lagoon, a 7.5-acre lagoon using a patented purifying and clarifying technology.

Several builders are involved along with Pulte, which is finishing land development for the second phase. “It’s a very, very popular community right now,” he says. “The lagoon is drawing such excitement.”

Another affordable community in development north of Tampa is Talavera in Hudson, off U.S. 41 and State Road 52. The company is pricing its 100 homes in the 700-home community in low $200,000s. “We’re actually decorating our models,” he says.

The other builder is MI Homes.

“The home sites up there are very large,” he says. “You definitely get more property with your home.”

For those who want a new home closer in, there also are infill developments. A 140-unit townhome community in Mango will be priced from the mid-$100,000s for 1,500 square feet. Pre-sales have begun at Rego Palms off of Williams Road north of Martin Luther King Boulevard, and the first move-ins are anticipated early this summer.

With a median home price of $207,000, Tampa Bay was listed third among 14 top sites in the nation where people can purchase a house on a $50,000-a-year salary. In an article published at Thrillist Travel online in summer 2017, Tampa was listed after Lexington, KY, and Boise, ID.

“Tampa has always been a more affordable geography than say for instance Chicago or Seattle, where land is much more difficult to come by,” Strickler says. “You have that opportunity to serve the buyers, particularly with interest rates as low as they are.”


SOHO Blind Tiger settles into walkable community

A trip to Roberto Torres’ South Howard Avenue coffee shop is an average 7- to 12-minute walk for many of his customers. When they arrive, they experience the aroma and flavor of coffee from afar: the floral and tea-like favors of coffee from Panama, the citrusy tones of coffee from Brazil, the nutty taste of coffee from Columbia, and the fruitiness of coffee from Rwanda.

This is Blind Tiger Cafe, part of a walkable community on both sides of Howard Avenue in South Tampa. The floor, with its map of Tampa and its neighborhoods is like a “love letter” to the city, acknowledges the native of Panama, who moved to Tampa 12 years ago.

Inspired by the speakeasy, another name for blind tiger, Torres opened his first cafe in Ybor City in late 2014. His goal was simple: meet Seventh Avenue’s need for a coffee shop.

He soon learned high walkability, high density and a neighborhood feel was a winning formula for the rest of Tampa too. So he and partners opened shops in Seminole Heights, the Tampa Bay Times building downtown, and more recently, South Tampa. His 17,000-square-foot shop at 934 S. Howard Ave. features a polished concrete floor with a map by Robert Horning of Tampa Murals.

“We wish to be sort of like this destination in Tampa,” explains Torres, who is partnering with Luis Montanez and Christopher Findeisen in the cafe and Black & Denim, a Tampa apparel firm. “This is where we got our start.”

The Blind Tiger Cafe also features a bold tiger on the wall by Tampa’s Pep Rally Inc. It offers traditional coffee drinks like cappuccino, along with specialty drinks. “For example, we have this one, Expresso Bombon -- two ounces of expresso over two ounces of sweet and condensed milk,” he says. “When you mix it, it’s like liquid candy.”

Blind Tiger, which is open from 5 a.m. to 11 p.m. daily, also serves up breakfast sandwiches, turkey and veggie sandwiches, salads, smoothies, beer and wine and cheese plates.

Located in The Morrison building, Torres' latest cafe houses a 300-square-foot haberdashery. The cafe is partnering with Brent Kraus in The Ella Bing Haberdashery, featuring bowties and neckties, suspenders, leather goods, clothes and shoes, with 10 percent of the proceeds going toward The Crisis Center of Tampa Bay.

I think there’s a lot of synergy,” Torres says. “A lot of people that go say ‘oh it’s a shop’ end up being customers from our shop and vice versa.”

The Morrison, located near the Lee Selmon Expressway, includes 48 apartment units in the complex, with two-bedroom, two-bath apartments from 1309 to 1320 square feet listed at $2,500 a month. It offers perks such as bike racks, covered parking, fire pits, an elevator, a fitness center and community entertainment area, pool, sauna and rooftop sundeck.

Joining the Blind Tiger Cafe in the business space are the restaurant Zoës Kitchen, specializing in Mediterranean cuisine; Club Pilates; and Bulla Gastrobar, a fun/casual meeting space inspired by Spanish tapas restaurants.

What’s next for the Blind Tiger Cafe? More coffee stops, of course. “We don’t know exactly where,” Torres says.


Channel Club, new grocery opening soon in downtown Tampa

A transformation is underway in the Channel District just south of Ybor City and east of Tampa’s downtown. Dominating the landscape is the 23-story Channel Club, a $90 million mixed-use project easily visible from the Selmon Expressway.

The roof went on this month, and construction at the 37,000 square feet complex is on track for leasing, beginning in June.

“We hope to have the first folks moving in in late September of this year and open up the Publix at the same time,” says Ken Stoltenberg, co-director of Mercury Advisors, developer of the project.

“It’s an exciting time to be there,” says Stoltenberg, whose firm is also developing the neighboring Grand Central at Kennedy condominiums, which rises some 15 stories high.

The Tampa Bay Rays on Feb. 9 announced plans to move from Tropicana Field in downtown St. Petersburg to Ybor City, a move expected to draw more traffic to the nearby Channel District. A 14-acre site bounded by 4th Avenue on the north, Adamo Drive on the south, Channelside Drive on the west and 15th Street on the east had been identified by Hillsborough County Commissioner Ken Hagan in October.

Just a few blocks away, construction also is underway at the $152.6 million Morsani College of Medicine and Heart Institute, an anchor at the $3 billion Strategic Property Partnersdevelopment at Water Street downtown. The 11-story building across from the Amalie Arena is expected to attract at least 2,200 students, faculty and staff to the 53-acre project.

Construction began last September at Channel Club at 1105 E. Twiggs St. in this former warehouse district near Port Tampa Bay, which is transitioning into one of the Tampa Bay Area's hottest urban scenes led by a residential neighborhood that is increasingly home to start-up companies, art venues and locally-owned restaurants, pubs and shops. The complex features 324 apartment units, a restaurant, fitness center, and hair salon, making it a “truly walkable community,” Stoltenberg says.

“You have everything,” he says. “Anything you normally would run around and do for errands on a Saturday morning, you can walk,” he says.

Half of the first floor will be occupied by Publix.

At the mixed-use Grand Central at Kennedy, located at 1208 E. Kennedy Blvd., Crunch Fitness recently opened its 22,000 square foot center. With Quality Distribution Inc. and Saint Leo University, Tampa Campus, the facility is 90 percent occupied, he says.

The $145 million development includes 392 condominiums, around 80,000 square feet of office space, and 108 square feet of retail.

Grand Central’s East and West buildings were built in 2007, but the 2008 recession interrupted sales. In 2016, the property was approved for 3- to 5-percent financing rates through the Federal National Mortgage Association, known as Fannie Mae. The rates were applied when buyers made the units their primary residence.

Also coming to the neighborhood are Hampton Inn and Home2Suites, a dual-brand Liberty Group project under construction at the southeast corner of Kennedy and Meridian Avenue. It is expected to attract cruise ship passengers embarking from Port Tampa Bay and guests at the new USF College of Medicine.


CRED: Tampa program teaches community redevelopment skills

Looking to make a difference? If you have an interest in real estate or community redevelopment, an upcoming training program can help.

The class attracts people from varying backgrounds, from affordable housing developers to policy makers, community development staff and board members and students in business, urban studies, and architecture.

“We’d love to have non-traditional individuals that may have a passion for community development, but don’t really know how to get started,” says Angela Crist, director of the Florida Institute of Government at the University of South Florida in Tampa.

Members of the class, expected to include up to 25, put together recommended projects based on real-world problems, with the goal of actually implementing them. That might be a plan to utilize open space left by a former neighborhood grocery. Or an artist-themed community or even a townhouse project as in-fill in a developed area.

“It is a grassroots program. They have to work on a viable project,” Crist says.

The Community Real Estate Development program, known as CRED, is a certification program held annually to help people gain a better understanding about community real estate development, the financial aspects of property development and real estate development management.

“Our ultimate goal is that we are changing people’s behavior,” explains Crist. “At the end, they are looking at it [community real estate development] through a different lens, so they can go out and improve their community.

The class, which costs $150, meets on Friday afternoons and Saturdays from March 2 through April 14. It is being held from noon to 4:30 p.m. Fridays and from 8:30 a.m. to 4 p.m. Saturdays at Tampa Housing Authority, 5301 Cypress St., Tampa.

The deadline to register is February 16. Apply online here.

The program presents diverse segments of the commercial redevelopment field, utilizing USF professors and community talent to teach and mentor. “Every class they have is like a lunch and learn or various speakers," Crist says.

CRED is sponsored by the Housing Finance Authority of Hillsborough County, the Housing Finance Authority of Pinellas County, Tampa Housing Authority, and Sun Trust Foundation.

Participants can earn a certificate from USF.  The class can be used for continuing education units for professionals or academic credit for college students though an independent study course at USF.  

Certification maintenance credits are required for a number of professionals including planners, and development and planning education staff.

College students find the program to be very hands-on, Crist adds, helping them to understand the process from “soup to nuts.”

Class members also benefit from the course’s networking potential because it draws together developers, lenders, and government officials/staffers in a non-threatening environment.

Although the class has been held in North and South Florida, it is only available in Tampa Bay this year because of scheduling and capacity issues, Crist says.


Luxury high-rise under construction in downtown St. Pete

Construction has begun on the $80 million Icon Central mixed-used development in downtown St. Petersburg, which will include an upscale 368-unit high-rise apartment complex and upgrade of the 1926 Union Trust Bank building.

Its 15-story luxury apartment complex at 801 Central Ave. will literally stand out amid the area’s existing mid-rises – inside and outside. It will feature amenities such as an outdoor movie lawn, a club lounge with game simulator room, and indoor Zen garden.

“We studied the market and we’ve included these top tier amenities that will appeal to both the baby boomers and the millennials," says Jessica Suarez, VP of development for the Miami-based Related Group, the project developer.

It will incorporate the arts through rotating art exhibits, local artist displays, an art and wine tasting room, plus art in the courtyard surrounding the pool, she adds.

“We’ve taken it to another level,” Suarez says. “The art element in St. Pete is significant.”

A ceremonial groundbreaking ceremony, scheduled at 2 p.m. Wednesday, Jan. 10, is expected to draw local officials and team members. 

Work began in December. “We’ve cleared the site and we’re doing foundations,” she says.

The project is the latest in The Related Group’s Icon brand, known for luxury highrise rentals. It includes Icon Harbor Island apartments in Tampa, plus Icon projects in Fort Lauderdale and Atlanta.

Icon Central will include studio, one-, two- and three-bedroom units with monthly rents expected to range from $1600 to $4000; some on the top floors will have water views. Leasing is anticipated in mid-2019.

The high-rise, being built in a contemporary federal architecture style, also will include a spa with steam and sauna, a pool courtyard with a European-style heated pool, and a summer grilling kitchen.

The intimate, outdoor movie lawn will have a large screen on the side of the building, which can be used for movies or projections during outdoor classes.

Related seeks to create a community around activities for its residents. “That [Icon Central] is a community for us. We’re constantly involving them,” she says. “It’s different. You don’t see anything like that in St. Pete.”

The residential complex will be connected to the bank building with a multi-use building with retail, residential and parking space. The first two levels will be primarily cast stone, with tan stucco above. The bank is being renovated with stonework, cornices and other features reflecting the historical era.

What we envision there is more of a high-end -- boutique stores with lounge and meeting space, or a food hall,” she says.

The interior of the bank, as well as an 1980s addition, have been demolished. “As construction progresses, we will start marketing the retail,” she explains.

The retail space is expected to be completed around mid-2019.

What attracted the developer to St. Petersburg was the continued growth and development, similar to more successful areas in the Miami area that have been revitalized, she says.

Icon Central has been in the works for three years.

The Related Group is active in the Tampa market, where move-ins have begun at Icon Harbor Island, a 340-unit luxury development. Construction is continuing at River Manorwalk, an eight story, 400-unit complex being built on the site of the former Tampa Tribune downtown, with leasing and move-ins planned in mid-2019.

Related also is developing the 396-unit Town Westshore rental community and partnering with Tampa Housing Authority in its West River redevelopment involving 150 acres on the west bank of the Hillsborough River on the edges of downtown.


Work begins on USF building to anchor Water Street Tampa

Construction has begun on the University of South Florida’s $152.6 million Morsani College of Medicine and Heart Institute at Water Street in downtown Tampa. The facility, which will anchor the $3 billion Strategic Property Partners' development, will bring students to live, work and study closer to their primary teaching school, Tampa General Hospital.

Though the building isn’t expected to open until late 2019, USF is already experiencing a number of positive benefits.

Since the move from the university’s main campus in North Tampa was announced in 2014, applications to the USF medical school have risen 40 percent, meaning more than 30 applicants are competing for every seat. USF has become the most selective medical school in the state, with MCAT scores in the top 20 percent of medical schools in 2016.

“We’re full in a lot of ways and have to hold off recruiting," says Dr. Edmund Funai, Chief Operating Officer for USF Health and Senior Vice President for Strategic Development for the USF System. "It’s exceeded our wildest expectations,”

The 11-story building is expected to bring more than 2,200 students, faculty and staff to the 53-acre Water Street Tampa. Its close proximity to its primary teaching hospital -- just a short water taxi ride away -- is expected to boost federal funding for research to fight heart disease.

The economic impact to Tampa Bay is considerable: the Heart Institute alone is expected to have an impact of $75 million annually.

USF leaders, friends and supporters gathered September 20 for a Dig This! event, viewing the development site from the upper floors of Amalie Arena. The group included USF System President Judy Genshaft, Tampa Bay Lightning owner Jeff Vinik, Florida Senator Dana Young, R-Tampa, and Tampa Mayor Bob Buckhorn.

Funai says being on the waterfront downtown enables USF to better showcase Tampa Bay area. “It’s a little harder to do from the main campus,” he points out. “It does a lot for people’s attitudes to to see the water and the sun and to be part of something that’s going to be a game changer for the city of Tampa and the Tampa Bay region.”

Funded by $112 million state university dollars, as well as private donations, the building’s modern design facilitates collaboration with more open spaces instead of the traditional classrooms of 20 years ago.

“It’s being designed to be as open as possible, to be adaptive to changes in curriculum,” he says.

The building will feature “next generation library service” through a donation from the insurance provider Florida Blue, he says. “It’s going to be on the cutting edge of information technology,” he asserts, “moving beyond the old book.”

Funai expects the facility, which is near USF’s Center for Advanced Medical Learning and Simulation (CAMLS), to be at the forefront of research through its high-resolution magnetic resonance imaging and state-of-art clinical trial unit.

The SPP development is meant to compliment what already is in the vicinity, highlighting the waterfront and incorporating lots of greenery.

“We’re building the safest building that we possible can,” he adds. “It’s built to deal with what Mother Nature may throw at you over 100 years.”

Vinik is a part owner in SPP, which is developing Water Street Tampa over a 10-year period. He and his wife Penny were recognized by USF September 26 when the university named its dual-degree Sports and Entertainment Management program after them. The Viniks helped launch, and provided more than $5 million of support, for the program run by USF’s Muma College of Business.

The program features business fundamentals MBA management, finance, marketing, information systems and accounting classes. Other courses involve the sport and entertainment industry.


CDC of Tampa plans townhomes in the Fish Bowl

Housing shouldn’t cost half of your household income. But for some 47,387 households in Hillsborough County, it costs more than that, a needs assessment shows. Nearly 1,500 single-family households lack full plumbing and a kitchen. More than 3,000 live in overcrowded conditions.

In an attempt to help provide affordable housing, the CDC of Tampa is planning a $5 million rental community on E. Diana Street near N. 43rd Street in an area known as the Fish Bowl. Called Gardens at Diana Point, the two-story, four-building complex features 24 three-bedroom, two bathroom units with an attached garage. One unit in each building will be handicapped accessible, and span only one floor.

Designed for low- to moderate-income families, rents are expected to range from $567 to $1,232 after utility allowances.

47,387 households in the county are what are considered rent burdened or cost burdened,” says Frank Cornier, VP of Real Estate Development for CDC of Tampa.

Their goal is to reduce housing costs to 30 percent of income, he says.

See the 5-year consolidated plan for 2016-2020 here.    

A ceremonial groundbreaking for Gardens at Diana Point was held at the property August 31, although bids are still out on the project designed by BDG of Tampa. Construction is expected to begin in October, with leasing applications accepted in spring 2018 and move-in anticipated in June.

The homes will have a little porch on the front, which a lot of people are not even building anymore. It’s a good way of having conversations,” Cornier says.

All units face an interior courtyard featuring a children’s play area. The county, which owns an adjacent retention pond, will be investing $1 million to improve the area east of the property with a boardwalk and fishing pier for the neighborhood.

The development is located next door to Robles Elementary. “I’m sure we’ll get families that have children that go to that school, or want to go to that school, that will apply,” Cornier adds.

To be eligible, a family of four cannot make more than $48,000, he says.

Lower rents are made possible by a $3.5 million investment by the county for development. Some of the funding is derived from a state housing initiative earmarked for rentals.

Rents vary based upon household incomes, with two units set aside for very-low-income residents.

Beacon Homes

Meanwhile an open house is scheduled at 10 a.m. September 28 at the $2.5- to $2.8-million Beacon Homes, a 13-unit housing development at North 34th Street and East 28th Avenue. The three-bedroom, two-bath homes are expected to sell for at least $165,000. Two closings already have taken place and two more are planned in September. An additional three homes are under construction.

“It’s been a catalyst. Other people are also building around Beacon Homes and improving their property,” Cornier says.

The homes include attached garages, plenty of closet and storage space, and energy-efficient appliances. Assistance is available with closing costs for eligible parties. Seven of the homes have income restrictions of $47,850 per family of four, which allows them to buy with $3,000 out of pocket. Those with higher incomes are able to purchase one of the six other homes.

The CDC also is planning four more affordable homes on available lots in the E. Columbus Drive area between 22nd and 34th streets. The three-bedroom, two-bath homes with attached garages are expected to sell for an estimated $165,000 to $180,000. Construction on two is slated to begin next quarter, with the other two following.

Wrecking crews already have begun tearing down the city’s oldest public housing complex, North Boulevard Homes, which will be replaced by a 150-acre redevelopment project called West River. That project, to include some 840 affordable apartments, is intended to help transform the downtown area into an urban hub that may include 2,200 residential units, 90,000 square feet of retail and 70,000 square feet of office.

Construction on the first two buildings is anticipated in a year, but the full build-out may take a decade to complete.


Manor Riverwalk rising along Hillsborough River’s west bank, downtown Tampa

A group of approximately 80, including local dignitaries, stakeholders and neighbors, are expected to gather at 10 a.m. August 23 for the official groundbreaking of Manor Riverwalk, an eight-story apartment complex that will replace the building that once housed The Tampa Tribune on the city skyline.

The ground has been leveled and construction has “gone vertical” at 202 South Parker Street on the Hillsborough River’s west side downtown, according to Arturo Peña, VP of Development for Miami’s Related Group, the project’s developer.

We have our financing in place. We are underway,” Peña says. “We think that’s a huge iconic addition to the Tampa skyline.”

Cranes are on the site of the project, where rents will average $2,700 a month in 400 units, and the first floor of columns are in view.

Manor Riverwalk is expected to include a 400+ feet river trail to connect with similar paths on the west side of the Hillsborough River downtown. “The RiverWalk is a technical term that the city uses on the east side,” Peña says. “We’re continuing the river walk on our riverfront [on the west].”

Related has granted an easement to the city of Tampa so that all citizens can enjoy the pathway, which will be routed around a night-time roost for birds on the southeast portion of the property.

“The birds come in at night to sleep,” he says. “They’re out by morning.”

Leasing is scheduled in the last quarter of 2018, with apartments ready for occupancy during the first quarter of 2019. The average size is 1,030 feet, a bit larger than originally planned, because the company has opted for some units.

“We wanted to beef up the ones on the end and really take advantage of what we think are great views,” he explains.

Related Group is investing some $350 million in four Greater Tampa area projects. “We’re very bullish on Tampa’s growth,” he says. “We love the leadership of Mayor [Bob] Buckhorn. ... They really help you want to do business in Tampa.”

In August, Related secured a $52 million construction loan to develop the 396-unit Town Westshore rental community, which already has broken ground. It is preparing for move-ins at its 340-unit Icon Harbour Island luxury development. Related also is partnering with the Tampa Housing Authority on the150-acre redevelopment project on the west bank of the Hillsborough River, West River, that will further efforts to rebuild the neighborhoods on the edges of downtown Tampa.


Related Group secures $52M loan for new luxury apartments in Westshore, Tampa

Related Development LLC, the Miami firm redeveloping the former Tampa Tribune site, secured a $52 million construction loan Thursday to build a luxury rental community in the Westshore area.

SunTrust Bank provided the funding that will allow Related to build the 396-unit Town Westshore rental community, which recently broke ground at 5001 Bridge St. just south of Gandy Boulevard and about five blocks west of Westshore Boulevard. 

“We see tremendous growth in the I-4 corridor, and developments like Town Westshore are positioned to take advantage of the continued job and population growth in the region,” says Rebecca Cox, VP at SunTrust Commercial Real Estate, in a news release.

The property is one of four Related projects in the greater Tampa area, including the Manor, now underway on the former Tribune site, just off Kennedy Boulevard along the Hillsborough River in downtown Tampa. 

“Related has a track record of not only identifying underserved markets, but also delivering compelling residential properties tailored to the specific submarket,” says Steve Patterson, President and CEO of Related Development, in a news release. “Town Westshore is no different. We’ve done our homework and are confident the property and its central location will resonate with Tampa and St. Pete’s growing base of renters.”

The four-story, luxury mid-rise apartment development includes 396 units on just over 8 acres. Amenities will include fitness and yoga studios, saunas, massage treatment rooms, E-lounges, executive dining rooms and concierge services. On the drawing board: shopping, dining and a marina within walking distance.

Town Westshore is one of several blockbuster projects Related has planned or in the works in Tampa. The company, founded by Chairman and CEO Jorge Perez, is partnering with the Tampa Housing Authority on the West River project, the redevelopment and re-imagining of 150 acres on the west bank of the Hillsborough River near downtown.

The massive mixed-use project, which one city official called a “holistic approach to building a neighborhood,” is a legacy project for Mayor Bob Buckhorn. The mayor has committed $35.5 million in public money to transform Julian B. Lane Riverfront Park as a destination recreation and artistic site in the heart of the revitalized neighborhood.

Related is also preparing for move-ins at the 340-unit Icon Harbour Island luxury development. The 21-story, Parisian-style tower includes studio, one-, two- and three-bedroom apartments. Residents can enjoy hotel-style amenities, including a deluxe lounge, movie room, business center, game room with bar, fitness center, spa and massage room, poolside cabanas and gazebos, bike storage and storage lockers. Tenants can park in the garage of the neighboring Two Harbour Place building and use a skywalk to move between the tower and the garage.

Wimauma church gets major loan, donations to buy domed sanctuary

After what he describes as a "$1 million dollar miracle,'' a Wimauma pastor has purchased the church he was renting month-to-month, sparing it from being torn down to build custom homes.

“We didn’t know where to go, and God continued showing his mercy and his grace every step of the way,” says Lead Pastor Carlos Irizarry, of Wholesome Church. “We saw God move.”

Wholesome is in the path of development along U.S. Highway 301 between Big Bend Road and State Road 674 in South Hillsborough County, where fields are giving way to subdivisions. The church had been renting for about five years from River of Life Christian Center in Riverview, which was looking to sell it.

Although Pastor Carlos wanted to buy it, he lacked funds, even with a substantial discount. Things came to a head after River of Life received a developer’s offer to buy the property valued at $1.5 million.

In response, Pastor Carlos appealed to the public in March for $235,000, launching a fundraising drive on Go Fund Me. Twice they were told to vacate. Even after a May 17 loan agreement, the church needed a 15-day extension to fulfill the lender’s requirements for a land survey and environmental inspection.

When news about the church hit television, a neighbor at Valencia Lakes called wanting to know more about what the church was doing. His son donated the remaining $11,000 required. And now the neighbor is planning to work with volunteers to assist in the church as the ministry continues.

The church secured a loan, raised some $21,000 in cash, and received another $20,000+ in donated work. Interest in the church’s work continues.

With the July 14 closing behind them, the church is now focusing on plans to improve the property and open its preschool early next year. “Because we took the building as is, we do have some repairs to do,” he says.

Remodeling will add more rooms for the preschool, which is expected to have a capacity of some 50 to 75 students aged 2 to 4. Pricing will be affordable, on a sliding scale based on income.

“Definitely our mission is to help families in Wimauma, but we know there is such a big demand. Families will want to apply to be there,” he says. “I can’t tell you all families will be from Wimauma.”

Early childhood education is a long-recognized need in the Wimauma community, where some are hindered by their lack of English language skills. A coalition of people concerned about the future of the community, which includes Allegany Franciscan Ministries, the Community Foundation of Tampa Bay, the Wimauma CDC, and others are working together to expand educational opportunities.

In addition to the preschool, Wholesome plans health and youth centers, a kitchen hall, a multipurpose building and thrift shop on the 10-acre property featuring a domed sanctuary.


Venture House moves forward on affordable housing

In South St. Petersburg, Venture House is taking the first steps toward creating affordable housing for artists, entrepreneurs, social innovators and small business owners.

In May, the nonprofit community development organization finalized architectural plans and began interior demolition on a home in the Lake Maggiore Shores neighborhood.  In June, three more properties in the Bartlett Park neighborhood were added to the list.

“It is really exciting to see us move from a great idea into taking action,” says Frank Wells, President and CEO of Venture House. “Three years ago we began just as a seed of an idea -- a winning pitch at a social enterprise contest. It’s amazing to see how much has grown out of this little seed.”

As reported in the July 2014 article in 83 Degrees Media, Venture House is working in partnership with Bright Community Trust, a Clearwater-based community land trust with a goal of “creating healthy and sustainable communities across Florida.”

Both Bright Community Trust, formerly known as the Pinellas Community Housing Foundation, and Venture House are focused on buying run-down, boarded-up homes in “blighted” neighborhoods and turning them into attractive, affordable housing.  

The goal is not only to create quality housing but also in a much bigger sense to revitalize struggling communities plagued by poverty. “Social enterprise is a big part of our mission -- how to use housing as a tool to improve and build community,” says Wells.

It’s also about giving a boost to local residents by helping increase their property values and offering a helping hand to entrepreneurs who can then create local jobs.

Southside CRA designation

Lake Maggiore Shores and Bartlett Park are neighborhoods located within the city’s Southside CRA or Community Redevelopment Area. Some 4,700 acres in South St. Petersburg and more than 20 neighborhood and business associations are included in this designation.  

It’s all part of a long-term plan to bring economic development and revitalization to South St. Petersburg through several initiatives, including improving and rehabbing the housing market to “expand opportunities for entrepreneurs, minority, women and disadvantaged business enterprises and small businesses.” 

The City of St. Petersburg is working with Venture House to identify suitable housing to rehab. The Bartlett Park homes will be new construction built on three vacant lots -- lots that the City of St. Petersburg agreed to give Venture House to fulfill the organization’s community land trust mission.

“It matches the city’s goal of in-filling new construction to make the whole block nicer for local residents,” he says.

Wells expects a bid to go out in the near future to identify a local builder to work with Venture House on the construction. Funding is coming from a combination of private donation and both federal and local funds. 

Showcase demonstration home 

The Lake Maggiore Shores’ home has a slightly different vision.  It will become a showcase demonstration home for Venture House, says Wells.

A “call” has gone out for artists to submit ideas for a proposed art project that will become a permanent fixture in the home.  

“We hope to have an event in the fall where we’ll present all the different artist ideas and have the audience vote on them. Then we’ll crowd-fund those projects that are the favorites,” says Wells.

So far, FunktionHouse, a St. Petersburg artisan furniture  maker who uses locally sourced recycled local trees, will be donating a recycled wood bar top, and the Morean Arts Center, will be creating a glass wall piece, says Wells.

In addition, community volunteers and groups like the Home Builders Institute, a career training organization for the construction industry, have been helping begun demolishing the current structure to get ready for renovation.

The Maggiore Shores showcase home is expected to be finished by early next year.  But the other three homes in the Bartlett Park neighborhood are expected to be ready for occupancy much sooner.

“Our goal is to get those houses built and people moved into them,” says Wells.

Individuals eligible to live in a Venture House-sponsored property aren’t limited to just artists and entrepreneurs in the traditional sense. 

“We’re looking at the arts in a very broad sense. Not just painters and sculptors, but also opera singers, hip hop DJ’s, spoken word artists and poets,” says Wells.

The same scenario applies to entrepreneurs. “It’s not just the next new graduate writing a phone App, but someone launching a catering or restaurant business, landscaping, braiding hair, or even an activist doing great community work,” says Wells.  

“It was Watson Haynes (president and CEO of the Pinellas County Urban League) who opened up my eyes to this idea,” says Wells. “Entrepreneurship can be a path to developing wealth that changes the outcome for the homeowner and the community, especially for people who find there aren’t a lot of job opportunities open to them. Entrepreneurship can be a transformative tool for South St. Petersburg and many other communities.”

University Area CDC seeks resident input on community needs

If you are at least 18 years old and live in the 33612 or 33613 zip codes in Tampa, the University Area CDC wants to hear from you. It’s doing a survey to help pinpoint needs in the community surrounding the University of South Florida.

“This is what we are going to use to build our strategic plan,” explains Sarah Combs, the CDC’s Executive Director and CEO.

The CDC is working on improving the University Area and the lifestyles of its residents by focusing on housing, health education programs, transportation, youth programs, community safety and workforce/employment issues.

The 2017 University Area Community Survey is confidential and does not require names, emails or phone numbers. However, those who complete the survey and supply their names and contact information can participate in a drawing for prizes, including a TV, park tickets, movie passes, bicycles, a $100 gift card, and more. Additional prizes are available when the survey is turned in personally.

It takes about 20 to 25 minutes to answer the 54 questions, which involve the types of programs their children prefer, challenges to home ownership, personal safety and the effectiveness of law enforcement.

The survey is available here. Completed forms should be returned to the individual or organization who provided them, or to 14013 North 22nd St., Tampa.

The last time the survey was done was in 2015, when results were used in the creation of sports and fitness classes and a community garden to increase access to healthy foods as well as to improve Workforce Training through a Free IT Certification Course.

Combs expects the survey to reveal a small decline in the “transient nature” of the community, she says.

“This information allows us to figure out who’s our community. When we started we were primarily African-American. Now we’re primarily Hispanic,” she adds.

Originally set to close out in June, the survey will remain open through July 28 to involve more respondents.

In June the nonprofit closed on its sixth parcel near its 7-acre Harvest Hope Park. The parcels will be used to develop affordable, single-family housing. “We’re hoping that funding is going to come very soon, within the next three months,” she says.

The residences will allow owners to be “urban pioneers,” and have a place they can call home rather than a place where they stay, she says.

“What’s going to be really cool about these houses, they’re modular houses,” Combs adds.

Meanwhile the concrete has been poured on an 8-foot tall statue of a family depicting diversity and respect in the community. It will be placed in Hope Park, bordered by 19th and 20th streets and 137th and 138th avenues,

It’s created from the residents,” she says, adding it might take a month to complete. “I’m really excited to see that.”


Homebuilder buys land in Westshore Marina District

Premier homebuilder WCI Communities has purchased 2.35 acres for $2.5 million as part of a $14.5 million, two-phase land deal in the Westshore Marina District, a walkable planned community off Westshore Boulevard south of Gandy Boulevard.

The developer, Fort Lauderdale-based BTI Partners, announced the land deal with WCI, which plans to build 35 three-story townhouses in the 52-acre master planned community. WCI also has agreed to purchase a second, 9.5 acre waterfront site, with a closing anticipated by early 2018, BTI Partners announced.

WCI declined to provide details.

It [Westshore Marina District] is adjacent to some of the best housing and residential areas of Tampa,” says Beck Daniel, BTI Partners' Executive VP of Development.

Although land in the area has historically been industrial, it’s not regarded as such now. “We haven’t really looked at it as an industrial area. We’ve just looked at it as ripe for redevelopment,” Daniel says.

Earlier plans to develop the property didn’t materialize because of the economic downturn. 

BTI Partners addresses neighborhood issues like lack of usable waterfront, walkability, and traffic in its development plan, Daniel says.

The community, designed to transform the waterfront, may include up to 1,750 residential units, a 200-room hotel, retail, restaurants and office space, 185 to 240 marina slips and a 1.5 mile-waterfront park. The 14-acre marina basin will be the largest in the area.

We like the Tampa market,” says Daniel.“We’re all over the state. We try and stick to the big metros.”

Earlier this year, BTI Partners sold eight acres in the development to Miami-based Related Group, which also is building an eight-story apartment complex on the site of the former Tampa Tribune building at 202 S. Parker St.

Twenty acres in the Westshore Marina District remain unspoken for. “We try not to talk too much about the future phases until we get there,” Daniel says. “We’re hoping to announce some retail parcels soon.”

BTI Partners is proceeding with the infrastructure.“By the end of this year, we’ll have an entry road coming into the project,” he asserts. “We’re excited because everything seems to be moving forward without a hitch.

160 Housing Articles | Page: | Show All
Signup for Email Alerts

Underwriting Partners