The former Tampa Tribune building on the west bank of the Hillsborough River in downtown Tampa is poised for its makeover, and developer Related Group
says the goal is to start construction by October.
Arturo Peña, VP of Development, says after the Tribune building at 202 S. Parker St. is demolished, an 8-story apartment complex
with 400 units will take its place along the river waterfront. He says he expects that the complex will have an official name before the end of this year.
The average unit size will be 975 square feet, and the average rent will be $2,600 per month. Amenities will include a pool along the river with an infinity edge, a sunken bar area and a club lounge.
Peña says he expects most renters to be millennials, graduate students at the University of Tampa
, and medical students completing their residencies at Tampa General Hospital
. Residents will be able to walk to the nearby Publix
on Bayshore Boulevard to do their grocery shopping, grab a bite at Oxford Exchange
and other nearby restaurants, or head over the Kennedy Bridge for events at Curtis Hixon Waterfront Park
"This helps downtown grow across the river," he says.
The architect for the project is Arquitectonica
. The back half of the building will have three wings stretching east, making it look like the letter "E." There will be a courtyard on either side of the center wing. A 4-story front section of the building will connect with the "E," and there will be another courtyard in the center of that segment.
Peña says there's a grand oak tree that Related committed to saving that will be at the center of one of the courtyards. Related is also doing its best to preserve the resting spots of hundreds of birds who roost along the river.
"We're working with the City of Tampa
and Audubon Society
to maintain that."
And the company plans to create a continuous walking trail along the river.
Peña says leasing is expected to begin in April 2018, and the whole project will be complete by July 2018.
He says Related chose to take on the project because its waterfront location is "iconic."
"We love this site overlooking downtown Tampa, and we think this is a trophy," he says.
Related has built and managed more than 80,000 condominium and apartment residences since its inception in 1979. The company is also building the 21-story Harbour Island apartments
at 402 Knights Run Ave. in Tampa, and is redeveloping Tampa's signature West River project
to expand downtown west of the Hillsborough River.