Channel district takes shape as a neighborhood
It will be years before Tampa Bay Lightning owner Jeff Vinik’s billion-dollar vision for the urban core comes to fruition, but smaller deals are already starting to pop. In late June, The Patel Group purchased two old warehouses on North 12th Street, across the street from Bell Channelside. The group is talking to distilleries and […]
Chart House on Rocky Point waterfront to be redeveloped into apartments
If all goes as planned, Tampa’s Chart House restaurant will give way to an apartment development at some point in 2016. ZOM USA, an Orlando-based real estate developer, is under contract to acquire the building and its 4.57 acres on the Rocky Point waterfront, said Greg West, chief development officer. The apartments will be four […]
St. Pete City Council approves Pier Park contract
St. Petersburg City Council members have authorized an agreement that will put the construction of the city’s new pier into motion. At a meeting on Thursday, council members approved $5.2 million to be spent on finalizing the Pier Park design, demolition of the existing pier and contracting services, according to a statement from Mayor Rick […]
Report: Pinellas leads Tampa Bay counties in economic investments
Pinellas County ranks No. 8 in Florida, and No. 1 among the Tampa Bay counties, in economic investments, according to a new report. The report, by financial technology company SmartAsset analyzes incoming investments as measured by business establishment growth, GDP growth, new building permits and municipal bond investment. Pinellas County business establishment growth was 0.7 […]
Apple Watch sales drop dramatically since debut
Can the Apple Watch appeal beyond early adopters? Apple Watch sales have sunk 90 percent since pre-orders went live in April. That represents a drop from 200,000 units per day to 20,000, according to a research report out from Slice Intelligence. On some days there were few as 10,000 units sold. So are the numbers […]
Fairness or social engineering? HUD rule requires affordable housing in wealthier neighborhoods
Local governments will be required to provide access to affordable housing in wealthier neighborhoods under a rule issued Wednesday by the Department of Housing and Urban Development. If they fail to meet this obligation, these localities would no longer be eligible for community development block grants and other HUD funding. HUD contends the regulation will […]