Related Group Acquires 6-Acre Assemblage In Tampa, Plans Mixed-Use Development With 1,079 Units Along Hillsborough River

Earlier this month, Miami-based real estate developer and acclaimed condo king Related Group purchased a 6-acre assemblage west of the Hillsborough River in Tampa for just over $55 million from Hillsborough River Realty Corp. The recently acquired assemblage comprises 4 parcels of land and includes a 2.19-acre site at 102 South Parker Street, a 1.83-acre site at 101 South Parker Street, a 1.75-acre site at 108 Cedar Avenue and a .53-acre site at 110 Keller Avenue, totaling 274,428 square feet of floor area. Related plans on transforming the property into a massive mixed-use development with multiple buildings and yielding 1,079 residential units, 32,760 square feet of retail space and as many as 10 boat slips. The property sits south of Related’s Arabelle Riverwalk apartment complex and across the river from Downtown Tampa.

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Miami Beach City Commission Votes In Favor Of The Gardens At Lincoln Lane

The City Commission of Miami Beach voted 5-1 in favor of The Gardens at Lincoln Lane, a low-rise mixed-use development slated for South Beach that will comprise just under 130,000 square feet of Class-A office space, 25,000 square feet of street-level retail, and more than 425 easily accessible parking spaces. The project is designed by Brandon Haw Architecture, along with West 8 Urban Design & Landscape Architecture, and includes a 6-story building on a 0.9-acre lot at 1680 Lenox Avenue, and an 8-story building nearby on a 1.1-acre lot at 1080 Lincoln Lane North in the Lincoln Road District. The Gardens at Lincoln Lane is a joint venture between Starwood Capital Group, Integra Investments and The Comras Company, and the project now moves on to the November ballot, which will seek voter approval.

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