Real Estate

Mayor Jane Castor and former Mayor Bob Buckhorn joined Coastal Construction Thursday morning to break ground on a new, 31-story luxury apartment complex in Downtown Tampa.

Goldman Sachs has paid $184 million for apartment tower Nine15 in downtown Tampa, according to Hillsborough County property records reported by the Tampa Bay Business Journal.

Pinellas County is set to build its first Tesla Center after Delray Beach-based Truett Realty Group received approval from county officials to redevelop a 4.2-acre site on U.S 19.

Construction crews have begun clearing and prepping the site of the anticipated luxury condo tower The Residences at 400 Central amid strong sales of units.

Pendry Residences Tampa, a 37-story luxury hotel and residential tower, is set to break ground this summer in downtown Tampa.

April 1 marked the final rollout of the National Flood Insurance Program’s (NFIP) new rating methodology, which is intended to reflect flood risk more accurately.

The Tampa Bay metro area ranked No. 18 among 55 of the nation’s largest cities with the highest rent, according to a report from Stessa. 

It’s a ripple effect.

Tampa Bay has the fourth-largest share of senior homebuyers across large metro areas in the United States, according to a new report from Construction Coverage.

Red Apple Real Estate, the developers sponsoring The Residences at 400 Central, have enlisted Boyd Clocks to restore the classic McClintock pedestal clock that has stood for years at the corner of Central Avenue and Fifth Street in downtown St. Petersburg.  

Feedback from a series of “Community Conversations” held by St. Petersburg Mayor Ken Welch showed affordable housing is “not surprisingly” the top concern among residents in one of the country’s hardest-hit cities for inflation and rental increases.

More than $20 million worth of condominiums at Altura Bayshore have been placed under contract in the last 60 days as the luxury condo tower moves through construction.

The 334 Residences – what’s set to be among St. Pete’s tallest towers – has topped out its construction at 24 stories. 

Houses in St.Pete were a hot commodity last year, according to a new report from Porch.

Skyway Lofts will provide 65 affordable housing units in south St.

Buyers have placed reservations on condominiums worth more than $150 million during the first 90 days of sales at The Residences at 400 Central in downtown St. Pete. The luxury condo tower is expected to be the tallest residential building on Florida’s Gulf coast.

The Ronto Group secured a $72.5 million construction loan from MSD Partners LP for the development of Altura Bayshore.

Congressman Charlie Crist has announced a $36,000 grant from the U.S. Department of Housing and Urban Development (HUD) to Clearwater nonprofit Suncoast Housing Connections.

Hillsborough County Affordable Housing (HCAH) invested $54 million into the community in 2021 – a crucial tool as prices skyrocket in Tampa’s housing market.

Every wonder what it would be like to live on a cruise ship full time rather than enjoying a weekend excursion? Many have contemplated booking year-long trips in their twilight years, preferring to sail the seven seas rather than be landlocked in a retirement community.

A Las Vegas-based firm has purchased multifamily buildings near St. Petersburg’s Mirror Lake with plans to develop a 301,000-square-foot, 22-story mixed-use tower.

Zillow has ranked Tampa Bay as the country’s top housing market in its recently released 2022 annual analysis.

The building that previously housed German restaurant Hofbräuhaus St. Pete has sold for $7.1 million, the Tampa Bay Business Journal reported. 

Altis Cardinal, a Coral Gables-based real estate firm, has closed a $40 million deal on an office park in St. Petersburg’s Skyway Marina District – the city’s  largest land purchase in decades.

Strategic Property Partners, the developers of Water Street Tampa, have announced leases with two national retailers at Sparkman Wharf.

A new luxury apartment tower is set to open by spring of next year in Water Street Tampa. The 22-story Asher residential tower will hold 490 units, from studios to two-bedroom apartments.

Pendry Hotels and Resorts has partnered with Two Roads Development, announcing plans for Pendry Tampa – a five-star, full-service destination hotel with 220 guestrooms and 207 hotel-serviced condominiums on the floors above.

The Ritz Carlton Residences Tampa haven’t broken ground, but reservations are being accepted.

St. Petersburg has become the first city in Florida to implement a new law allowing local governments to streamline the process for approving affordable housing developments.

With at least 20 named storms already, we are currently in the more active half of hurricane season.