Odyssey Marine Exploration's battle with Spain over the lucrative "Black Swan" shipwreck won't be ending anytime soon. A federal judge had given Odyssey until Monday to disclose additional information to Spain, which wants to know more about the national origins of the undisclosed boat and its rich treasure. But on Monday, Tampa-based Odyssey said it needs more time. The reason: Odyssey's management and legal teams were too busy responding to Spain's unexpected detention of a company ship this month. There's more drama to come; Odyssey reported that a second company ship -- the 251-foot-long Odyssey Explorer, its primary recovery vessel -- remains "barricaded" in a Gibraltar port under threat of Spanish arrest.
Tampa to get new chunk of skyline
Engulfed in condo fever, downtown Tampa hasn't attracted a new office tower in 15 years. That's about to change. Trammell Crow Co. plans to build a 20-story glass high rise at Meridian Avenue and Channelside Drive. The company, a branch of CB Richard Ellis Group, calls the project Prime Meridian Center, and it could open in 2010. Planting an office tower in the Channelside residential and entertainment district abets the city's ambition to create a complete walkable urban community. The most recently built office tower in downtown Tampa, SunTrust Financial Center, opened in 1992
Prospecting in Europe for deals
Hoping to stir up a relatively stingy real estate market, Colliers Arnold, the Tampa Bay area real estate company, is prospecting among Irish, English and German investors. The company recently sent executive John Stone to Dublin, London and Berlin, noting that only 5 percent of the $23-billion in real estate investment deals in the first quarter this year included foreigners. Western Europeans have enjoyed such easy pickings in eastern Europe that they've neglected the U.S. "Buying across borders in Europe is like us buying across states," Stone said. Stone met millionaires lined up by Colliers' European affiliates. Back in Clearwater, he's dangling various shopping center deals, some that haven't formally hit the market, before his overseas prospects.