St. Pete Beach development plan wins legal battle
A judge on Tuesday rejected a challenge to a St. Pete Beach plan to allow more development and larger hotels.
Four years ago, St. Pete Beach voters endorsed a referendum that allows hotels to be built to a height of 146 feet, or about 12 stories, the Tampa Bay Times said. Before the referendum, hotels could not be built higher than 50 feet above base floor elevation…Continue reading
Tampa private equity firm to build boutique hotel downtown
A private equity firm that purchased the Mercantile Bank building in downtown Tampa plans to convert it into a boutique hotel. Convergent Capital Partners, which bought the building for $2 million early in May, plans to spend an additional $7 million to build refurbish the building and transform it into a hotel, the Tampa Bay Times said…Continue reading
Possible stadium site? Bolts owner buys land near Forum
A company tied to Tampa Bay Lightning owner Jeff Vinik has bought another large swath of land north of the Forum where many believe a baseball stadium could one day sit.
The transaction happened two weeks ago and includes a half-dozen contiguous parcels north of Channelside Drive purchased for $9.5 million, according to county records…Continue reading
Vacancies drop in Tampa downtown office buildings
Downtown’s office overall vacancy dropped to 15.4 percent in the third quarter from 17.3 percent at the end of the second quarter…Continue reading
