Is Tampa Bay’s apartment market headed for peak?

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Tampa developer Anthony Everett and his partners have walked away from several marquee apartment sites in recent months because the deals just didn’t make financial sense.

The group pulled back from the Tampa Tribune’s site in downtown Tampa, Newport in Westshore and several deals in Orlando.

“Land costs and construction costs have gotten to the point where they’re almost choking out new development because deals don’t pencil out very well any more,” said Everett, the Central Florida… …read more

Tampa Bay Lightning defenseman sells off Davis Islands mansion

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Tampa Bay Lightning defenseman Mattias Ohlund has sold off a waterfront home on Davis Islands for $3.35 million, according to a Hillsborough County deed filed Wednesday.

The buyers were Jerry and Gloria Rose. The sale closed May 28, according to the deed.

Ohlund and his wife, Linda, paid $2.95 million for the home on Ladoga Avenue in 2009. A Lightning spokesman said Thursday that an injury had prevented Ohlund from playing for some time and that he recently moved back to his native Sweden.

Property… …read more

Urban Style Flats, former public housing redeveloped into millennial-geared apartments in St. Pete, is for sale

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A former public housing complex that was renovated into apartments geared toward millennials is on the market.

Urban Style Flats, which is near Tropicana Field at 300 10th St. S in St. Petersburg, is being marketed for sale by executive director Byron Moger and director Joe Beaudoin of Cushman & Wakefield of Florida Inc. in Tampa.

The 481-unit apartment complex was built as public housing in the 1970s. In 2010, developer Phil Farley paid $6.8 million for the properties— then known as Graham Park… …read more

Vinik-backed mixed-use development breaks ground in South Tampa (Rendering)

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The former Xtreme Athletix site in South Tampa is giving way to a mixed-use development that will bring new retail, residential and office space to the neighborhood.

Demolition on the Xtreme Athletix building, at the intersection of South Howard and West Morrison avenues, started last week. Vertical construction will begin soon on a mixed-use development to include 13,890 square feet of retail, 6,950 square feet of office space and 46 residential units, said Andrew Wright, CEO of Franklin Street.

The… …read more