Thursday, December 14, 2017
Business

Developer moving ahead with former Trump Tower Tampa site

TAMPA — Developer Larry Feldman says he plans to open a sales office late this summer for his 52-story mixed-use building on the downtown riverfront site of the doomed Trump Tower Tampa.

Feldman, who first announced the project almost two years ago, has hired the Moss construction company and will reveal detailed plans and renderings when the sales center opens.

In 2015, a joint venture of Feldman Equities and Tower Realty Partners paid $12 million for a small office building and the vacant site at South Ashley Drive and Brorein Street where the now-U.S. president licensed his name to a proposed 190-unit luxury condo tower in 2005.

The project collapsed, however, amid litigation, rising construction costs and the recession. Feldman's tower, directly across the Hillsborough River from where the former Tampa Tribune building was razed to make way for a 400-unit apartment complex, is expected to include restaurants and bars at street level with parking, office and residential space above.

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