atlis grand central

Top 7 Development Projects in Tampa’s Downtown Area

A Growing Downtown District

We have all heard about the new Water Street Tampa district, the downtown mega-development by Jeff Vinik’s Strategic Property Partners. But did you realize how many more projects are in the works in the surrounding areas? Recently, I had the privilege of taking a narrated bus tour to learn more and see how the Hillsborough River eventually could be the geographic center of downtown.

Here is a list of the other Top 7 projects:

1. Lafayette Place – FL-685 & W Bank River Walk

lafayette place

The proposed mixed-use development at the former Lafayette St. Bridge could bring retail, office, hotel and residential space. The six acres near the Kennedy Blvd. Bridge could add to the skyline with its 40-story Lafayette Tower. Lafayette Parkview provides high-end residential homes along with retail and parking with Lafayette Central creating an urban living environment.

2. Riverwalk Tower – 103 S Ashley Dr

riverwalk tower

The proposed Riverwalk Tower is to be built on this vacant lot along the Tampa Riverwalk. The ground-floor restaurants on the Riverwalk would join 31 stories of 220 luxury condominiums, 14 stories of 215,000 sf of office space and seven stories of parking.

3. Tampa Tribune Redevelopment – 202 S. Parker St.

tampa tribune redevelopment

The former Tampa Tribune headquarters is currently under construction and is being redeveloped into a 400-unit luxury apartment building with restaurant space on the ground floor.

4. Altis Grand Central – 502 W. Grand Central Ave.

atlis grand central

Proposed 10,000 sf of retail space and 314 luxury apartment units near Oxford Exchange, the development would be bordered by Grand Central Avenue to the north, Cleveland Street to the south, Cedar Street to the east and Magnolia Street to the west. Grand Central Place, the 1925 building across from the development site which includes 43,200 sf of office space and restaurant Mise En Place, has also been purchased by the developer.

5. Armature Works – 1910 N Ola Ave.

armature works

Renovation of the 70,000 sf Armature Works building in the Tampa Heights neighborhood gives unobstructed views of the Hillsborough River in the adaptive mixed-use building. This hub will showcase the Heights Public Market, progressive eateries, event areas and co-working space. Featured restaurants include Hemingway’s (soulful Cuban classics with a contemporary twist), Surf and Turf (fresh, local and wild-caught seafood that’s friendly and casual), Ichicoro Imoto (mod-casual contemporary Ramen-Ya), Inside the Box (contemporary Americana and grocery market), BnB (boutique butcher showcasing charcuterie and artisan cheeses), and Fine & Dandy (cocktail emporium focusing on package sales, craft cocktail kits and classes).

6. The Heights – 401 W Oak Ave

the heights

The Heights is a massive $820 million and 43-acre mixed-use development that includes 1,500 residential units and 640,000 sf of commercial space, including Armature Works. It could create a dense urban bookend to Water Street Tampa for a walkable area popular among Millennials.

7. The Pearl – 2129 N Ola Ave.

the pearl

Part of The Heights development, this 314-unit apartment building also holds 28,500 sf of retail space on the ground floor.

With the redevelopment of Channelside Bay Plaza in addition to Water Street Tampa and the above projects, Tampa is booming! And Davis Islands continues to be a most desirable location, near the action.

development map

Michelle DiGiore, contributor and 25 year resident of Davis Islands, can be reached at 813-453-3931 or Michelle.DiGiore@TomlinStCyr.com.

About Michelle DiGiore

Michelle is ecstatic about merging the aspects she loves from her experience in television advertising sales, direct sales and as a health education instructor for K-12 students, merging into a career that fits her like a glove. Earning her clients' trust and helping others by educating and finding the right solution for them has been Michelle's passion in each of these fields. After talking with several brokerages, Michelle said she chose Tomlin St Cyr Real Estate because they stand for the same values when it comes to serving their clients and working together as a cohesive team. As an Ambassador of the South Tampa Chamber of Commerce and Co-Founder of the Tampa Bay group, Women in Transition, Michelle loves to connect with and help empower others in their professional and personal lives. Previously, she spent many years in various positions of the PTA and foundation of her children's school and sports teams, and volunteering at various local charities. Born and raised in Colorado, Michelle graduated from Colorado State University with a Bachelor of Science in Business Administration-Marketing. With her time in the Rocky Mountains in addition to spending the last 28 years in Tampa, she is an outdoor enthusiast. She enjoys spending her free time with her sons and with friends taking in all that Tampa Bay has to offer. Read more about Michelle: https://www.tomlinstcyr.com/staff/michelle-digiore

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2 thoughts on “Top 7 Development Projects in Tampa’s Downtown Area

  1. Please send me information concerning the names of the construction companies that are working on these projects.

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