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

Fed: Economic growth slowed due to ‘transitory factors’; rates stay near zero

As expected, the Federal Reserve decided to keep its interest rates near zero and acknowledged what was evident in Wednesday’s disappointing GDP report: “economic growth slowed during the winter months.”

But the Fed said this slowdown “in part reflected transitory factors,” so it doesn’t seem too worried about 0.2 percent economic growth in the first quarter.

Given the Fed’s dual mandate of maximum employment and price stability, however, it appears the Fed is in no hurry to end its… …read more

Don Vicente de Ybor to convert hotel rooms into apartments

The 16 quaint hotel rooms in the Don Vicente de Ybor Historic Inn are soon to become apartments.

Following a Tuesday report in the Tampa Bay Business Journal about the Don Vicente closing in May, Darryl Shaw, who owns the building, revealed his plans going forward.

“It’s really too small for a hotel,” Shaw said Wednesday. “The Don Vicente had primarily become an event space, and the hotel rooms became secondary. We think the best use is to turn them into residential.”

Shaw purchased… …read more

TECO under contract to sell Channelside site to developer

TECO has an agreement to sell its Peoples Gas operations center to a Tampa developer, a TECO spokeswoman said.

Phillips Development & Realty LLC filed a request with the city to rezone 1400 Channelside Drive for a multifamily development. PDR representatives did not return requests for comment.

Cherie Jacobs, a TECO spokeswoman, said the site is currently a Peoples Gas operations center that employs about 60, most of them field technicians. That facility would be relocated if PDR closes on the… …read more