Friday, June 22, 2018
Real Estate

Developer of The Heights in Tampa buys office complex near the Howard Frankland

TAMPA — SoHo Capital, which is developing The Heights mixed-use project just north of downtown Tampa, has bought the Mariner Square office complex near the Howard Frankland Bridge for $7.5 million. The 5.4 acre complex, sold by the L.M. Hughey Company, consists of five low-rise buildings with a total of 73,000 square feet in the booming West Shore Business District. SoHo executives could not be reached for comment Monday but selling agent Ward Viator said the private equity firm apparently plans to renovate the aging buildings at 200 S. Hoover Blvd.

SoHo Capital spent $20 million converting the old Armature Works warehouse on the Hillsborough River into the Heights Public Market, a dining and commercial emporium whose food hall recently opened. It is one piece of a plan that SoHo has for the 43 acres known as the Heights. The Pearl, a 314-apartment complex with ground-floor retail, is almost finished and SoHo plans to start construction in coming months on a boutique hotel and a $41 million, six-story office building.

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For sale: A Tampa Bay area elementary school where you can eat tacos and buy wine

For sale: A Tampa Bay area elementary school where you can eat tacos and buy wine

ST. PETERSBURG — For sale: a 104-year-old elementary school with restaurant and wine shop. It even has a title company where you can close the deal.Less than a year after completing a major renovation of the historic North Ward school, developer Jona...
Updated: 8 hours ago
Romano: Intrigue behind all those manicured lawns

Romano: Intrigue behind all those manicured lawns

I’ve always thought homeowners associations had a lot in common with cops.People love to complain about them and often accuse them of abusing their power. And yet as soon as a neighbor paints his house a hot shade of fuchsia, you’re screaming for the...
Published: 06/21/18
A tight supply cuts into Tampa Bay home sales while prices keep rising

A tight supply cuts into Tampa Bay home sales while prices keep rising

Tampa Bay’s two largest counties showed anemic home sales in May as prices continued to rise due to a tight supply. In Pinellas, sales of single-family home plunged nearly 12 percent from the previous May, the second-worst showing in a year. P...
Published: 06/20/18
Updated: 06/21/18
Demolition looms for old Bromley office building at Midtown Tampa

Demolition looms for old Bromley office building at Midtown Tampa

TAMPA — Over the past month, demolition crews have gutted the old five-story Bromley office building at the future site of the $500 million Midtown Tampa project.On Sunday, the remaining skeleton of the building is scheduled to come down.The demoliti...
Published: 06/20/18
What historically high lumber prices mean for Florida home buyers

What historically high lumber prices mean for Florida home buyers

Blame a lack of rail cars in Canada or not enough semi trucks in the United States. Forest fires didn’t help. Tariffs played a big role, too. Even the buoyant economy takes part of the rap for frothy lumber prices, which hit all-time highs las...
Published: 06/20/18
What historically high lumber prices mean for Florida home buyers

What historically high lumber prices mean for Florida home buyers

Blame a lack of rail cars in Canada or not enough semi trucks in the United States. Forest fires didn’t help. Tariffs played a big role, too. Even the buoyant economy takes part of the rap for frothy lumber prices, which hit all-time highs las...
Published: 06/20/18
Report: 40 percent of Florida property will be ‘highly exposed’ to flooding

Report: 40 percent of Florida property will be ‘highly exposed’ to flooding

One of Florida’s biggest draws is also one if its biggest liabilities — its coastline. A new report projects that Florida is at the greatest risk of any state for tidal flooding caused by rising sea levels. And Tampa Bay faces some of the greatest ri...
Published: 06/18/18
Developer Grady Pridgen buys St. Pete’s shuttered Edward White Hospital

Developer Grady Pridgen buys St. Pete’s shuttered Edward White Hospital

ST. PETERSBURG — Edward White Hospital, closed four years ago because of declining revenues, has been sold to developer Grady Pridgen for $2.7 million.Pridgen could not be reached Monday for comment. City officials said he has submitted plans for rem...
Published: 06/18/18
St. Petersburg home becomes finalist in HGTV contest

St. Petersburg home becomes finalist in HGTV contest

ST. PETERSBURG — A house in St. Petersburg’s Old Northeast is a finalist in HGTV’s Ultimate House Hunt contest. Built in 2007 in the Mission Revival style, the 4,000-square-foot home a block from Coffee Pot Bayou is among 12 nationwide in the "curb a...
Published: 06/15/18
Updated: 06/18/18
Tampa-based Robbins Property Associates pays $43-million for Boynton Beach apartment community

Tampa-based Robbins Property Associates pays $43-million for Boynton Beach apartment community

Tampa-based Robbins Property Associates, has bought Aventine at Boyton Beach, a 216-unit apartment community, for $43 million.Aventine, garden-style apartments that are 95 percent occupied, will be renovated and renamed "Verona at Boynton Beach."It i...
Published: 06/15/18