Largo apartments sell for $58.55 million

The Waterchase Apartments are located near Largo High School and the Teakwood Village mobile home park.Original Article

Miami developer plans $200 million mixed-use project in downtown Tampa’s Encore

A Miami developer plans to build a $200 million mixed-use project in downtown Tampa’s Encore, adding apartments, hotel rooms and retail space to the urban district. LD&D said it will acquire the 2-acre parcel at 1101 E. Harrison St. from the Tampa Housing Authority, though a deed for the transaction has not yet been filed in Hillsborough County. On Oct. 18, city staff notified representatives for the developer that the proposal was approved to move forward. The project will include a 28-story,…Original Article

St. Pete developer ‘bullish’ on luxury spec homes

St. Petersburg developer Will Conroy sees plenty of demand for luxury single-family homes in the Sunshine City — even as a national recession looms. Conroy, founder of Backstreets Capital, owns 42 lots across the city in partnership with St. Pete-based Canopy Builders. By the end of 2023, nearly half of those will be built out: He plans to build 19 speculative homes ranging from $800,000 to $1.4 million in the neighborhoods of Canopy Oaks and Woodlawn. Speculative home building, when a house breaks…Original Article

Pinellas County Schools’ potential housing project could help retain teachers amid inflation

Pinellas County Schools plans to build housing in an effort to help retain and recruit faculty and staff, and there’s already interest from teachers. The district filed a request for proposals for the development and management of a residential or mixed-use community at the school-owned site of the historic Tomlinson building, which is in the Mirror Lake District of downtown St. Petersburg. It is next to Mirror Lake Condominiums, which was previously St. Petersburg High School. “We looked…Original Article

Million-dollar markets: The ZIP codes where you need to make $1M to get in the door

You need to earn at least $100,000 per year to afford a home in 27% of U.S. ZIP codes, but there are plenty of areas where $100,000 won't even scratch the surface. In these 18 metros, you need to earn at least $1 million to afford a median-priced home.Original Article

Luxury townhomes are headed to St. Pete’s Innovation District

The 26-unit townhome community is the latest residential project coming to St. Petersburg’s Innovation District.Original Article

Tampa/St. Pete among hottest U.S. real estate markets, according to ULI

The annual report, a collaboration between Urban Land Institute and PricewaterhouseCoopers, is among the most anticipated real estate forecasts in the U.S. — and it paints a sunny year ahead for Tampa/St. Pete.Original Article

Revealed: Here are the 2022 Best Real Estate Deals honorees

Tampa Bay's commercial real estate scene is booming — and the Tampa Bay Business Journal's Best Real Estate Deals will honor the industry's top projects and the people behind them.Original Article

Pinellas County Schools seeks proposals to turn historic St. Pete building into staff housing

Pinellas County Schools has issued a request for proposals for a housing development for its teachers and staff. The RFP is for both the development and the management of a residential or mixed-use community at the site of the historic Tomlinson building in the Mirror Lake District of downtown St. Petersburg. The building became a vocational school in 1931, and in 1978 it was renamed the Tomlinson Adult Education Center. The center closed in December 2021. The goal is for the project to “address…Original Article

33-story mixed-use tower proposed for downtown St. Pete

The project will go before the Community Redevelopment Agency this week.Original Article