Tuesday, July 17, 2018
Business

Developers break ground on new Marriott hotel on Rocky Point

TAMPA — Officials broke ground on a 10-story hotel on Rocky Point Drive in Tampa this week. Hotel developers, Lifsey Real Estate & Holdings Inc. and Pinnacle Hotel Management, held a ground breaking ceremony Thursday to celebrate the start of construction on a new hotel called Current, an Autograph Collection Hotel by Marriott, located at 2500 North Rocky Point Dr., in Tampa.

The companies are co-developing the property and it will be managed by Pinnacle. It is slated to open in the fall of next year.

The hotel will have 180 waterfront rooms, nine suites and more than 5,000 square feet of meeting and event space. Current will also have a 10th floor rooftop terrace that will offer panoramic views of Tampa Bay. Guests can take advantage of the hotel's beach access, pool, ballroom, retail stores, fitness center and on-site paddle boarding.

"Current is more forward-thinking and contemporary in design, which is really in-line with today's hotel demand," said Stan Lifsey, president of Lifsey Real Estate & Holdings, in a statement. "It's complimentary to the developments occurring in downtown Tampa and the Westshore district, and we are thrilled to be a part of that resurgence."

The hotel is expected to be a wedding venue as well, according to a press release. Current will hire in-house wedding coordinators as part of its staff.

Current will also have its own on-site restaurant specializing in contemporary American cuisine. American Momentum Bank is helping to fund the project in the form of a construction loan.

Lifsey Real Estate & Holdings is a Tampa-based firm focused on acquiring, developing and brokering real estate assets. Pinnacle Hotel Management is a West Palm Beach-based hospitality firm that develops and manages Marriott and Hilton branded hotels.

Contact Justine Griffin at [email protected] or (727) 893-8467. Follow @SunBizGriffin.

Comments
Past mistakes hamper Clearwater’s effort to revive downtown business incentives

Past mistakes hamper Clearwater’s effort to revive downtown business incentives

CLEARWATER — One year after the city’s boldest incentive program yet failed to secure a single business deal for downtown and caused confusion among applicants, the guidelines are being scrapped and rewritten to leave less room for misinterpretation....
Updated: 1 hour ago
Pinellas County Commission shows support for CrossBay Ferry

Pinellas County Commission shows support for CrossBay Ferry

CLEARWATER –– The ferry that once linked St. Petersburg and Tampa downtowns took one step closer to returning in November.While the Pinellas County Commission didn’t approve spending money to help pay for the CrossBay Ferry during a meeting Tuesday, ...
Updated: 3 hours ago
Louisiana shipbuilder hopes to bring 1,000 jobs to Tampa shipyard through Coast Guard icebreaker program

Louisiana shipbuilder hopes to bring 1,000 jobs to Tampa shipyard through Coast Guard icebreaker program

TAMPA — Tampa Ship could welcome more than 1,000 new shipbuilding jobs if Louisiana-based Bollinger Shipyards wins a major contract to build up to six Coast Guard polar icebreakers.Bollinger could start staffing up at Tampa Ship, which has 62 acres a...
Published: 07/17/18
Robert Traurig, who helped build one of the world’s largest law firms, dies at 93

Robert Traurig, who helped build one of the world’s largest law firms, dies at 93

Robert Traurig helped build one of the largest law firms in the world and, in so doing, swept Miami-Dade County upward.Brickell Avenue skyscrapers. Open-air malls like Cocowalk in Coconut Grove. Residential communities on the edge of the Everglades. ...
Published: 07/17/18
Hard Rock announces new hotel in Ireland in 2020

Hard Rock announces new hotel in Ireland in 2020

Hard Rock International is expanding across the pond. The Seminole Tribe-owned casino and hotel chain announced Tuesday that it will open a Hard Rock Hotel Dublin in 2020, its first hotel in Ireland. It will partner with Irish hotel company Tifco Lim...
Published: 07/17/18
New Spring Hill funeral home offers dining, catering services for grieving families

New Spring Hill funeral home offers dining, catering services for grieving families

SPRING HILL — A new funeral home, in response to changing mores, is focused on serving the living, providing homelike conviviality and social amenities that reach beyond attention to death.Yvette and Jim Klausch, licensed funeral directors with 40 ye...
Published: 07/17/18
Want to live on Beeswax Lane? Tampa Bay developers strain to create new street names

Want to live on Beeswax Lane? Tampa Bay developers strain to create new street names

When Newland Communities began developing FishHawk Ranch in Hillsborough County two decades ago, naming streets wasn’t much of a problem."Literally, we would get out our list of Florida native bird names every time a new section came online," said Pa...
Published: 07/17/18
Florida nursing homes have enough staff, numbers show. But the state has shortages in other areas.

Florida nursing homes have enough staff, numbers show. But the state has shortages in other areas.

In most places across America, nursing homes are facing an acute shortage of workers to take care of the country’s growing population of aging and disabled patients. But not in Florida. A Kaiser Family Foundation report published this month found tha...
Published: 07/17/18
Blacks can afford far fewer rentals than Asians and whites, study shows

Blacks can afford far fewer rentals than Asians and whites, study shows

Black and Latino residents of the Tampa Bay area can afford far fewer rentals than Asians and whites can. According to Zillow, blacks can afford just 19 percent of available rentals and Latinos 20.7 percent. That compares to whites being able to affo...
Published: 07/17/18
Tampa Bay business: This is what Prime Day is like as an Amazon seller

Tampa Bay business: This is what Prime Day is like as an Amazon seller

Amazon doesn’t even give its sellers a headsup on which July day the mega online retailer is selecting for its biggest sale of the year, Prime Day. But out of her natural sponges workshop in Tarpon Springs, Theo Prodromitis knew to start getti...
Published: 07/17/18