Tampa's East Hillsborough Avenue Attracts Investors, New Shops

East Hillsborough Avenue is attracting new investments -- a women's clothing shop and an as-yet-unannounced regional chain store. 
 
For Ron Harjani, owner of GQ Fashions at 3010 E. Hillsborough, the previous announcement that a Walmart Super Center will open a few blocks away next year is good news. It spurred him to build a 10,000-square-foot building next to GQ to house Fashion Essence, a family-operated women's clothing store. He also will have additional space available for lease.
 
Walmart, however, wasn't a major factor for another development plan.
 
ROI, a commercial property brokerage firm, is working with Florida Design Consultants and JVB Architect on developing a 25,000-square-foot building at the corner of Hillsborough and 32nd Street, next to Harjani's new building.
 
 ROI broker Eric Odum says a regional chain store, in the fashion and beauty market, will be the anchor tenant and occupy about 15,000 square feet.  Another 10,000 square feet is available for leasing.
 
Planning for the project began before Walmart's announced arrival, Odum says. But he says, "The visibility of our location is going to be phenomenal."
 
Design plans are undergoing revisions, Odum says, but construction is expected to begin this summer and take about six months. Funding for the project is from Platinum Bank.
 
Harjani expects to open Fashion Essence within the next month. His contractor is Final Touch Wall Systems with offices in Land O' Lakes and Valrico.
 
The location on Hillsborough is a prime spot, says Harjani. He also is encouraged by the redevelopment he sees in Tampa overall in recent years.
 
Walmart Super Center is scheduled to open, possibly as early as mid-2015, on East Hillsborough on about 12 acres stretching almost from 15th Street, next to VetCare Harris Animal Hospital, to 19th Street, across from McDonald's restaurant. The site was formerly home to Abraham Chevrolet automobile dealership but has been vacant for many years.
 
"Walmart is coming,"  Harjani says. "Hillsborough Avenue is parallel to Interstate 4 and a major thoroughfare going east to west. I personally think it's got a lot of potential."
 
Writer: Kathy Steele
Sources: Eric Odum, ROI; Ron Harjani, GQ Fashions

Read more articles by Kathy Steele.

Kathy Steele is a feature writer and editor at 83 Degrees Media in the Tampa Bay region of Florida.
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