Go inside the bids for the Young-Rainey STAR Center
A nationally known real estate development and investment firm has laid out an ambitious plan to create a business hub at the Young-Rainey STAR Center in Pinellas County. The company, Industrial Realty Group, based in Los Angeles, was ranked No. 1 of two bidders for the 96-acre STAR Center, said Mike Meidel, director of Pinellas […]
5 blockbuster deals for downtown Tampa in 2015
It was another banner year for downtown Tampa: Development projects on the books for years started to take shape and new ones were proposed, creating momentum for 2016 and beyond. “In all of my career, I’ve never seen so much enthusiasm, activity and positive momentum in downtown Tampa,” said Larry Richey, the Tampa-based Florida market […]
Inside Jeff Vinik’s groundbreaking year
Jeff Vinik is feeling good. He’s just back from two days of meetings in New York, where he says “people know” about the $2 billion real estate development he and Cascade Investment LLC are backing in downtown Tampa. “We’re on the radar,” said Vinik, who owns the Tampa Bay Lightning. It’s been one year since […]
Here’s where to see the best holiday lights in Tampa Bay
Looking for places to see great holiday lights? Real estate website Redfin put together a list of the best places to see displays, including five cities in the Tampa Bay area. St. Petersburg: Specifically, the Oakdale Christmas House at 2719 Oakdale St. S, which includes 500,000 lights and has been featured on the “Today Show,” […]
Multifamily market ‘hotter than ever’
In mid-December — typically a time dominated by end-of-year closings and little else — two major development projects moved forward. David A. Mack Properties LLC proposed a mixed-use, 35-story tower in the heart of downtown St. Petersburg. In downtown Tampa, Atlanta-based Carter began demolition on a strip of old buildings on North Franklin Street, making […]
Interest rate spike could cause ‘flurry’ of Tampa Bay development deals
The Federal Reserve’s decision to raise interest rates could cause a flurry of development deals in Tampa Bay, a land broker said. The Fed on Wednesday raised interest rates by 25 basis points — the first raise since 2006. Interest raises have been close to zero percent since 2008. Locally, the first spike in rates […]