Monday, April 23, 2018
Business

Yet another downtown St. Petersburg apartment tower scheduled to break ground

ST. PETERSBURG — Crews will break ground on yet another apartment tower Tuesday in downtown St. Petersburg, one more big spark for Tampa Bay's rental boom as developers race to profit from growing demand.

American Land Ventures, the tower's Miami-based developer, plans to build 358 one-, two- and three-bedroom apartments in a 17-story tower at 330 Third St. S alongside five stories of parking. Work is planned for completion in 2016.

Apartment development here has roared as investors have increased their bets on a continuing shift toward the rental life. Tampa Bay's rate of homeownership has plunged to a record low, rents are climbing, and many potential home buyers are priced out of the market or unable to qualify for loans.

Hundreds of new apartments have been recently built or are under way in Tampa's Channel District, in buildings like Pierhouse, SkyHouse Channelside and the Martin at Meridian, and nearby in St. Petersburg, in buildings like Beacon 430 and the Hermitage.

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Work starting on JW Marriott, but Water Street Tampa expects to have 10 buildings under way within a year

Work starting on JW Marriott, but Water Street Tampa expects to have 10 buildings under way within a year

TAMPA — Water Street Tampa marks the start of construction Tuesday on its first building, the JW Marriott hotel, but there’s a lot more to come. And soon. Within a month or so, construction will begin on at least two more projects, 815 ...
Updated: 15 minutes ago
With lights from Toys R Us dimmed, sales plunge at Hasbro

With lights from Toys R Us dimmed, sales plunge at Hasbro

Associated PressNEW YORK — With its sales falling due to the liquidation of Toys R Us, Hasbro is looking for new places to sell Monopoly, My Little Pony and its other toys. Hasbro said Monday it will rely more on online sales, although it has also be...
Updated: 1 hour ago
Sears’ biggest shareholder offers to buy Kenmore brand

Sears’ biggest shareholder offers to buy Kenmore brand

Associated PressNEW YORK — Sears’ biggest shareholder appears to be pushing for a breakup of the 125-year-old company that has survived two world wars and the Great Depression. Chairman and CEO Edward Lampert — whose hedge fund has forwarded millions...
Updated: 2 hours ago
Lucky’s Market hosting job fairs in St. Petersburg ahead of June opening

Lucky’s Market hosting job fairs in St. Petersburg ahead of June opening

ST. PETERSBURG — Job fairs to fill more than 100 jobs open at Tampa Bay’s first Lucky’s Market start this week, the organic grocer announced on Monday. The grocery store, located at 6765 22nd Ave. N, is hosting hiring fairs Monday through Friday unti...
Updated: 2 hours ago
Swimmer Michael Phelps to headline Crystal Lagoon grand opening Saturday

Swimmer Michael Phelps to headline Crystal Lagoon grand opening Saturday

WESLEY CHAPEL — Olympic gold medalist Michael Phelps will splash down Saturday at the Crystal Lagoon in Wesley Chapel’s Epperson development.Phelps, a global ambassador for Crystal Lagoons, will appear at the grand opening of the first Crystal Lagoon...
Updated: 3 hours ago
Big visitor calls at Port Tampa Bay

Big visitor calls at Port Tampa Bay

TAMPA — The 750-foot-long Ireland, one of the biggest cargo vessels ever to call at Port Tampa Bay, arrived Sunday.The Ireland is on its inaugural voyage, having left a shipyard in China for a stop in Mexico’s Yucatan peninsula to pick up 64,865 shor...
Updated: 3 hours ago
Tampa Bay gas prices rocket 17 cents over a week

Tampa Bay gas prices rocket 17 cents over a week

Floridians are paying plenty at the pump for a combination of spring gas prices and high oil prices this week. Gas jumped 11 cents per gallon over the week in Florida, averaging $2.74 per gallon Monday, according to AAA, The Auto Club Group. That’s t...
Updated: 4 hours ago
Apartments planned for shuttered stores at Pasco’s Gulf View Square mall

Apartments planned for shuttered stores at Pasco’s Gulf View Square mall

PORT RICHEY — The new owner of two shuttered department stores at Gulf View Square mall wants to demolish the former retail outlets and replace them with nearly 400 apartments.The complex, called Gables at Gulf View, would be on the west side of the ...
Updated: 4 hours ago
Harley-Davidson is offering a dream internship to eight college students

Harley-Davidson is offering a dream internship to eight college students

Picture it: Hitting the open road on your hog, speaking with interesting people, witnessing beautiful places and sharing the whole thing on Instagram while getting college credit.Harley-Davidson has announced its seeking eight interns for a 12-week p...
Updated: 5 hours ago

Pasco Business Digest for April 27

Business DigestEventsCHAMBER RIBBON-CUTTING: The Greater Zephyrhills Chamber of Commerce will have a ribbon-cutting ceremony for Culver’s of Zephyrhills, 6386 Gall Blvd., Zephyrhills at 10 a.m. April 30. For information, call (813) 389-8621.COMMON GR...
Published: 04/23/18