Hospital plans $4M cancer center || Business Observer | Tampa Bay, Bradenton, Sarasota, Fort Myers, Naples

The Sarasota Memorial Hospital facility will offer a variety of care options for cancer patients.

Source: www.businessobserverfl.com

Sarasota Memorial Hospital will spend up to $4 million to design a new facility, which will offer a variety of care options for cancer patients.  Sarasota Memorial is currently building a 44-bed rehabilitation facility on its campus. The new 74,000-square-foot pavilion will accommodate the growing demand for rehabilitation spaces.  The expansion of the hospital will add additional high paying jobs to the downtown Sarasota region while providing more and better services for the residents of the region.

Phillips Development project in Skyway Marina District picks up steam – Tampa Bay Business Journal

St. Petersburg officials have been working to revitalize the once-thriving business district and fill the vacant land and abandoned buildings with new shops, restaurants and offices.

Source: www.bizjournals.com

Phillips Development is planning 300 market-rate apartments and 25,000-square-feet of retail and restaurant space on a 9-acre site at the north end of the Skyway Marina District in south St. Petersburg.  This is the first major residential project for the area and could be a catalyst for additional development in the immediate area.

Opening date set for Bryan Glazer Family JCC – Tampa Bay Business Journal

The facility will be an economic engine with a maximum staff of 125 to 150.

Source: www.bizjournals.com

The Bryan Glazer Family JCC is finally set to open on December 8, 2016.  The $26 million, 100,000-square-foot renovation project on 5.666 acres at the site of the former Fort Homer Hesterly Armory is a significant project for this area of North Hyde Park and will certainly spur other re-development in the immediate area.

Why Bill Gates And Jeff Vinik Are Investing Billions To Build An Ecosystem In Tampa

Tampa set to become a city of the future to attract an entrepreneurial ecosystem.

Source: www.forbes.com

Bill Gates and Tampa Bay Lightning owner Jeff Vinik are investing billions of dollars into downtown Tampa.  They describe Tampa as a great value in the early stages of fantastic growth and are in on the ground floor.

 

Vertica Partners exclusively represented their investment group on the acquisition of the vacant land surrounding the Amalie Arena helping make this vision a reality and forever changing the landscape of the downtown market.

Park Tower in downtown Tampa sells for nearly $80 million

Source: www.83degreesmedia.com

A downtown Tampa high rise has changed ownership.  City Office REIT, Feldman Equities and Tower Realty Partners have joined to buy the 36-story Park Tower at 400 N. Tampa St. from Sterling Equities and joint owner PT Associates for $79.95 million or $168 per square foot.
 
The 475,000-square-foot building is 86 percent leased, and anchor tenants include BB&T, United States Department of Justice – US Attorney’s Office, Level 3 Communications and Lykes Insurance.

Ferry connecting Tampa-St. Pete adds new option for pleasure rides, potentially commuters

Initial rides on the Cross-Bay Ferry will test the waters for whether Tampa Bay area residents are willing to give up their cars and make use of more crossings at times better fit for commuters.

Source: www.83degreesmedia.com

A new ferry service is launching in Tampa Bay called the Cross-Bay Ferry.  It will initially connect downtown Tampa with downtown St. Petersburg at a costs of $10 each way.  Providing additional transportation options to both residents and visitors is yet another stepping stone in making the region and world class destination.

Developers of The Heights, near downtown Tampa, sign new oyster bar – Tampa Bay Business Journal

It’s another sign of progress for the project.

Source: www.bizjournals.com

SoHo Capital, the developers of The Heights, said Monday that it has signed Atlantic Beer & Oyster, which will be an outdoor restaurant along the extended Tampa Riverwalk. The Heights is a mixed-use development planned for 43 vacant acres on the Hillsborough River, overlooking downtown Tampa.

Sarasota in top 4% of best small cities – Herald-Tribune

Source: sarasotaheraldtribune.fl.newsmemory.com

Sarasota was ranked the best small cities in Florida and in the top 4% of small cities in the United States by WalletHub.  The findings will probably not come as a surprise those who already live and work in the area, and the breadth of new projects including apartments, condos, hotels and retail will provide an ever expanding option for living, visiting, shopping and eating in this jewel along the Gulfcoast of Florida and just an hour’s drive south of Tampa. 

Next stops along the Tampa Riverwalk? Food, drink and more fun things to do

Completion of the Tampa Riverwalk through downtown and new transportation options including water taxis and ferries mean more options for entertainment and experiences that will attract a diverse crowd of all ages.

Source: www.83degreesmedia.com

Now that Tampa’s Riverwalk is completed and connects the History Museum with The Heights area, the next phase will be for more dining/drinking options to open up.  The Riverwalk is an amazing amenity for the region, and once there are more options to relax and enjoy a drink or grab a bite to eat, it will really activate the the entire riverfront.

D.R. Horton loses judgment to Majorca Isles Master Association in bankruptcy court – South Florida Business Journal

The judge called the case “a modern-day story of David and Goliath.””

Source: www.bizjournals.com

DR Horton recently lost a $16.3 million judgment regarding their Majorca Isles condo development in Miami Gardens, Florida. DR sold 355 of the planned 681 units in the project as was found negligent in operations of the Master Association of the community.

New independent drugstore, café coming to Seminole Heights in November

Mortar & Pestle will bring back the drugstore soda shops of yesteryear with a modern twist when it opens next month.

Source: www.83degreesmedia.com

Seminole Heights, the hot hipster neighborhood in Tampa, is getting ready to welcome another new tenant to the area. Mortar & Pestle is a drugstore soda shop currently under construction at 6308 and 6310 N. Florida Ave. One part of the property is new construction and the other part is renovation of an existing historic bungalow. When it’s done, the 3,920-square-foot space will house an independent pharmacy and café.

 

The property is expected to open in November 2016.

Three-building, mixed-use development Lafayette Place proposed for downtown Tampa – Tampa Bay Business Journal

A Tampa-based real estate firm is applying for a mixed-use development rezoning of six acres near the Kennedy Boulevard Bridge.

Source: www.bizjournals.com

A local Tampa company recently announced a new three-building, mixed-use project called Lafayette Place on the Hillsborough River in downtown Tampa.

 

Lafayette Place will offer three new structures:

  • Lafayette Tower, with 355 linear feet of Hillsborough River frontage, will include office, hotel and retail uses.
  • Lafayette Parkview will offer extraordinary high-end residential homes, retail, and parking.
  • Lafayette Central will offer high-end residences, retail, and parking

 

The group has owned the properties for nearly 30 years and the timing seems curious as there are already nearly a dozen other multifamily projects planned or under construction in the immediate area along with two separate office projects.  The office component is particularly eye raising considering the relative low demand for new office space in the Tampa Bay metro area.

Great news for downtown Tampa: Grocery store in Channel District breaks ground

A Publix grocery store will open in downtown Tampa by 2018. #groundbreaking

Source: www.83degreesmedia.com

Tampa based Mercury Partners is finally moving forward on their planned,  The Channel Club mixed-use project , a 323-unit complex in a 21-story building near the corner of East Twiggs Street and Meridian Avenue which will also house a 40,000 square foot Publix grocery. This is big news for the Channel District, located just outside the Tampa CBD as the Publix legitimizes the district is a true urban neighborhood.  The store is expected to be completed in 2018 and the city plans to spend $1.5 million on a public park next to the grocery,

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