This week, a pair of towers was unveiled in downtown Tampa. The 19-story and 20-story office towers are the first office buildings of their magnitude in decades!
Before long, another 180,000 square feet of loft-style offices, soon to be named “Sparkman Wharf” will also be coming on the market. In all, about a million square feet of Class A office space will be added to the Tampa market. Construction on the Sparkman Wharf office space should start in November and be be primarily where the former movie theaters at Channelside Bay Plaza stood. That should be finished by the summer of 2020.
Plus, a 20-story building is planned at 1001 Water Street near the new medical building. That tower won’t be finished until the second quarter of 2021 though.
Currently, Class A vacancy rates are at a record low not seen in two decades!
Water Street Tampa unveils plans for 1M square feet of office space in its first phase, including two new towers (Renderings)https://t.co/ITgRClXJzz via @TBBJAshley @WaterStTampa pic.twitter.com/0bvLqL1Vnp
— Tampa Bay Business Journal (@TBBJnewsroom) September 6, 2018
ARE YOU BUYING A HOME FOR SALE IN TAMPA BAY?
If you’re thinking about buying a home in Tampa Bay, do a quick online search or check out our:
- Tampa Bay homes for sale under $100,000
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- Tampa Bay homes for sale between $800,000 and $900,000
Our experienced agents know the area and would love to find you the perfect home in the Tampa Bay or any of the surrounding areas. When you’re ready, call us at 813-961-6000, or contact us online. We handle real estate in Hillsborough County (the Tampa – St. Petersburg – Clearwater metropolitan area), real estate in Pasco County (Port Richey, New Port Richey, Dade City, Zephyrhills and San Antonio), and real estate in Pinellas County (Tampa – St. Petersburg metropolitan area.) We’ll help you find the right home for your needs!
$369,000
Pending
559 49TH STREET S ST PETERSBURG, Florida
5,668 SqFt 0.380 Acres
$325,000
Active
2818 FLORIDA AVENUE N TAMPA, Florida
1,640 SqFt 0.130 Acres
$199,900
Active
604 DR. MARTIN LUTHER KING JR BOULEVARD W TAMPA, Florida
1,637 SqFt 0.220 Acres
$179,000
Active
1886 BAY DRIVE W LARGO, Florida
6,835 SqFt 0.410 Acres
THINKING OF SELLING YOUR TAMPA BAY AREA HOME?
If you’re interested in selling a Tampa Bay area home, please contact us for more information about listing your home. Check out our helpful article describing the process and how to decide if it’s the right time to sell.
