Mayor Bob Buckhorn named Bemetra Simmons to serve as a commissioner on the board of the Tampa Housing Authority. Simmons is Hillsborough market president at Branch Banking & Trust and was a Tampa Bay Business Journal Up & Comer in 2013. BB&T (NYSE: BBT) is among the largest banks in Tampa Bay, and had 14 […]
Construction is underway on an 18-story condo tower with panoramic views of the St. Petersburg waterfront. Twenty six of 29 units in Bliss have been presold, with buyers putting down nonrefundable deposits. Site work began at 176 Fourth Ave. NE in recent weeks, and the development team will hold a groundbreaking ceremony on June 17. […]
Florida’s economic downturn, which was longer and more severe than the rest of the nation, is mostly in the rear-view mirror, according to University of Central Florida economist Sean Snaith. That’s encouraging news for the estimated 800 people a day who move to the state, looking for opportunity, and the business community where many of […]
Attorney General Pam Bondi filed a complaint against two Clearwater businesses and their president, alleging the companies defrauded consumers out of thousands of dollars in a land buying scheme. According to the complaint, Property Solutions International Corp., Premier 1 Property Inc. and Marvin Scott promised consumers they could sell their property for many times the […]
The upscale apartment developments in the works around Tampa’s urban core are risky propositions, no matter how you slice it — but perhaps less risky right now than ever before. In this week’s edition of the Tampa Bay Business Journal, we take a look at Tampa’s apartment market and whether it’s heading for a peak. […]
The South Florida investors who bought a suburban Tampa condominium community out of financial distress in 2009 are putting the units on the market for a bulk sale. Vertica Partners LLC, based in Tampa, is marketing 218 of the 390 units in Arbors at Carrollwood for sale. Arbors at Carrollwood is a fractured condominium because […]
Downtown Tampa’s Skypoint condominium tower is commanding impressive sales prices, but just as important as the numbers are the driving forces behind them. A penthouse unit that sold for $650,000 two years ago recently traded for $895,000. A two-bedroom unit sold Friday for $481,000 — the highest price for a two-bedroom unit, outside of that […]
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 […]
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 […]
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 […]