The multifamily development in the works in downtown Tampa could be getting out in front of the market, the Tampa Bay Lightning owner said.
Source: www.bizjournals.com
As of March, there were 1,389 units under construction in downtown Tampa and another 2,900 in various stages of planning. Those figures included 500 units in the development that Jeff Vinik’s SPP is planning between downtown and the Channel district, though Vinik recently said the first phase alone will include 1,000 residential units.
T. Sean Lance of Vertica Partners represented SPP on the acquisition of the land for their project as well as other sales for several other high profile sites throughout downtown.