![An artist's rendering from the Crescent Bayshore website. [crescentbayshore.com]](https://www.tampabay.com/resizer//8vcU2QkvVZwAY4JjNNhXVFpZvXU=/426x0/smart/filters:format(webP)/arc-anglerfish-arc2-prod-tbt.s3.amazonaws.com/public/LMQF5KGH64I6TJTLIBWI6S7HAY.jpg "An artist's rendering from the Crescent Bayshore website. [crescentbayshore.com]")
TAMPA — Crescent Bayshore, a new luxury apartment complex adjacent to Hyde Park with views of Hillsborough Bay, has been sold for $111.5 million.
The deal between the developer, Crescent Communities of Charlotte, N.C., and an investor group linked to UBS Realty closed earlier this month. The 367-unit complex charges rents of up to $2,350 for a unit of just 726 square feet, capitalizing on the willingness of millennials and other apartment dwellers to sacrifice space in return for downtown locations close to restaurants and entertainment.
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