A passion for downtown Tampa drives new Channelside GM

After Adam Vosding left Tampa Bay for Colorado last summer, it didn’t take him long to feel like maybe he shouldn’t have left.

Vosding, a 20-year veteran of Publix Super Markets Inc., moved to Colorado in July 2014, attracted by the lifestyle and the idea of being closer to his sister and her family.

But shortly after his move, he started seeing social media mentions of the activity in downtown Tampa, including Tampa Bay Lightning owner Jeff Vinik’s development plans.

“I felt like I left… …read more

Atlanta investors double down on Clearwater with $34M apartment buy

An Atlanta investor is betting big on Clearwater’s rental market, acquiring the 276-unit Bay Meadows apartment community for $34.15 million.

Radco Companies announced the acquisition Thursday. The purchase price breaks down to $123,731 per apartment.

Bay Meadows is Radco’s second acquisition in Clearwater in three months. In February, Radco acquired the 228-unit City Park Clearwater apartments.

The group is planning to spend $3.55 million on renovations to the property, which is 97 percent occupied… …read more

Real estate flipper gets 11 years, ordered to pay $7 million

A Florida man described as a “mastermind of real estate flipping” was sentenced to more than 11 years in federal prison and ordered to pay more than $7 million.

A federal judge in Tampa sentenced Stephen Mayer about three months after he was found guilty on nine counts of wire fraud and conspiracy.

Evidence presented during a nine-day trial showed Mayer bought distressed properties, then resold them at a higher price to “credit partners,” who never intended to live in the properties or… …read more

100-year-old Bayshore Boulevard mansion listed for sale at $13.9 million (Photos)

A storied Bayshore Boulevard estate known locally as the Stovall-Lee house is on the market for $13.9 million.

Jennifer Zales, a sales associate with Coldwell Banker Residential Real Estate, listed 4621 Bayshore Blvd. for sale on Monday. Built around 1909 by L.T. Tousdale, then general manager of the Florida Brewing Company in Ybor City, the property was owned by Tampa Tribune founding publisher Wallace Stovall from 1915 to 1943.

Stovall sold the home to William E. Lee, and the family had it added… …read more

Number of foreclosures down nationally but Florida still further underwater

While the number of home foreclosures was down across the country for the month of March, to 1.5 percent, Florida is not doing quite as well.

The Sunshine State recorded more than double the national average for foreclosures, coming in at 3.2 percent of the broader real estate market, according to the latest Mortgage Monitor report by Black Knight, the financial information systems company based in Jacksonville.

Florida, along with California, led the nation with the highest number of properties… …read more

Improving housing market leads to 150 job openings

PGT Inc. plans to expand its workforce by more than 8 percent, as it prepares to hire up to 150 people to work at the North Venice-based manufacturing company.

PGT — already the largest employer in Sarasota County with 1,800 workers — has partnered with CareerSource Suncoast to host a hiring event on May 9. Job openings include manufacturing assembly, Class A and Class B mechanics and more, according to an announcement from CareerSource Suncoast, a private nonprofit that is one of 24 regional… …read more

Florida’s brewing industry among the fastest growing in the U.S. (Video)

Seemed like a new Florida craft brewery opened every time you turned around last year. This was no illusion. Florida has one of the fastest-growing beer industries in the country.

A craft brewing trade group has labeled the Sunshine State No. 5 for the number of craft breweries opened last year.

Forty-two businesses making artisanal beer started in Florida in 2014. Washington led the country with 83, according to the Brewers Association, based in Boulder, Colo.

Five of the biggest barrel producers… …read more

TBBJ’s most-read real estate stories in April

April was another busy month for real estate in Tampa Bay, from new developments to massive office tenants scouting for sites in the region.

Here are the top 10 most read real estate stories for April:

Tampa Tribune site in downtown Tampa under contract for redevelopment play, sources say(Here’s the follow up to that story: Tribune’s pending real estate deal signals confidence in downtown Tampa.) Carillon developer shares more details on behemoth plan: ‘What we’re doing is building another city’… …read more

25 minutes with Wall Street vet and Ellevate Chair Sallie Krawcheck

When Sallie Krawcheck was a top finance executive, she had an office the size of a conference room, two assistants, a car, a driver and a private jet. And every day at 3 p.m., she had a plate of warm cookies delivered.

These days, Krawcheck has a grungy desk in a small room a fraction of the size of her old office. She shares it with seven other people (and a few mice).

“And I’m having the time of my life,” Krawcheck said Thursday before a crowd of more than 100 women gathered in Charlotte, N.C.,… …read more

Urban grocer expanding to Channel district

Duckweed Urban Market is expanding to the Channel district.

Duckweed, which opened in downtown Tampa in 2011, is negotiating a lease for 2,000 square feet of street-level retail space in The Place at Channelside, a residential building between Channelside Drive and Washington Street.

If the deal comes to fruition, Duckweed would take the space that fronts Washington Street, owner Michelle Deatherage said. If all goes as planned, she anticipates opening in September.

“You talk to the people in… …read more