Exclusive: Historic Kress in downtown Tampa to be redeveloped into hotel

By Ashley Gurbal Kritzer

The historic Kress building in downtown Tampa is on the verge of a transformation from vacant to vibrant, with plans under way to redevelop the building into a hotel, possibly with residential components.

A group of Tampa real estate veterans has teamed up with an Atlanta hotel developer to redevelop the five-story Kress, which was the home of five-and-dime store S.H. Kress & Co. The Tampa team includes father-and-son construction executives Sam and Casey Ellison; Anthony Italiano, a partner with…

Source:: BizJournal Real Estate