A new 356-unit apartment complex is in the works for the Channel District in Tampa.
on the new 4-story Pierhouse Apartments
building on Meridian Avenue in April 2012, but major construction is finally underway. The project is working with a more than $550 million dollar budget, ultimately offering Tampa Bay area residents rental units ranging in price between approximately $1,200 per month for a studio and $2,000 per month for 2 bedroom/2 bathroom units with a den.
“We chose the area because we're excited by the job growth of the Tampa area, as well as the up-and-coming artsy edginess of the Channel District,” says Arturo Pena, Pierhouse project manager and VP of Related Development
. “ We believe our 356 residential units will help the area's demographics with regards to the Channel District's retail demands.”
In addition to the residential space, the project expects to add nearly 4,800 square feet of retail space, planning to offer residents amenities that can benefit both residents and the neighborhood; Pena suggests a sandwich shop, coffee house and wine bar. Chris Parrado of A.L. Commercial
is marketing the retail space, seeking potential tenants.
“We want Pierhouse to continue to build on the transformation of the Channel District -- from its working marina, nautical past to a cool, artsy 24-hour district offering residents a place to live, work and play,” Pena says.
The project will feature a park located directly in the middle of the development and five large, heavily landscaped courtyards -- what Pena expects will be a nice break from the hustle and bustle of urban living.
“Residents will be able to both admire the views and artwork within the park or simply go for a stroll through it,” he says.
Pierhouse Apartments at Channelside will feature interiors and common areas designed by world-renowned interior designers RTKL
with MSA Architects
designing the development and Walker and Company
acting as general contractor.
The on-site leasing office is expected to open by late February 2013 with leasing beginning by mid-May 2013.
“We are confident Pierhouse will be a signature project in the area,” Pena says. “We look forward to becoming an active part of the neighborhood and helping it grow.”
Writer: Alexis Quinn Chamberlain
Source: Arturo Pena, Pierhouse Apartments at Channelside
& Related Development