1. Real Estate

Midtown Tampa plans, including first office building, coming into sharper focus

Midtown Tampa is a $500 million mixed-use development being planned near the southeast intersection of Interstate 275 and N Dale Mabry Highway by the Bromley Companies, based in New York. It is expected to include a 390-unit Crescent Communities apartment complex, 48,000-square-foot Whole Foods Market and 750,000 square feet of Class A office space, plus two boutique hotels and more than 200,000 square feet of retail, restaurants, entertainment, fitness and other uses. Photo courtesy of the Bromley Companies
Published Aug. 2, 2018

TAMPA — More key pieces of the $500 million Midtown Tampa mixed-use development near West Shore are beginning to come into view.

The real estate firm Cushman & Wakefield said Thursday it had been hired by the developer, the New York City-based Bromley Companies, to handle leasing for the 750,000 square feet of office space planned at Midtown Tampa.

First up: Midtown West, a 10-story office building with 176,000 square feet of space. Construction is scheduled to begin in early 2019 with completion expected in the fourth quarter of 2020.

Midtown West will be built on a speculative basis and will be the first such spec project delivered in the Tampa market in more than a decade. Later, two more office buildings, Midtown North and Midtown South, will follow.

"From a tenant perspective, the Midtown project is a highly desirable option for Class A product in Tampa," Cushman & Wakefield executive managing director Andy May said in an announcement of the plans for Midtown West. "Its design embodies everything the modern corporate tenant wants in an office environment today."

To handle the leasing, Cushman & Wakefield is bringing back senior director Robin Bishop, who was with the firm from 1989 to 1995 and more recently has worked with Bromley independently through her own firm.

"Tampa is ready for this project," said Bishop, whose 36 years of experience include working on Tampa City Center and overseeing Verizon's 20 million square feet of office space throughout the eastern United States.

Planned near the southeastern intersection of Interstate 275 and N Dale Mabry Highway, the 22-acre project also is expected to include:

• A 390-unit Crescent Communities apartment complex.

• A 48,000-square-foot Whole Foods Market expected to open in the fall of 2020.

• Two boutique hotels and more than 200,000 square feet of retail, restaurants, entertainment, fitness and outdoor activities.

Midtown Tampa's general contractor is Barr & Barr, the venerable New York construction company that built Rockefeller Center. In June, the demolition of an old office building at the site proved to be tougher than expected when an effort to pull the building to the ground took three days instead of, as originally thought, less than a minute.

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