1200 Westshore (Tampa, FL)

1200 N West Shore Blvd, Tampa, FL, 33607-4609, US

描述

Jones Lang LaSalle Americas, Inc. (“JLL”) proudly presents an exceptional development opportunity, the 1200 N. Westshore Redevelopment (the “Property” or “Site”). This prime ±4.28-acre parcel, currently home to the Ramada Tampa Westshore, sits at the heart of Tampa’s prestigious Westshore district, standing as both the city’s largest office market and one of its most affluent residential communities.

Westshore boasts over 18M square feet of office space housing major corporate tenants such as Bloomin’ Brands, PwC, and New York Life, while supporting a thriving workforce of 102,000 employees. Beyond its commercial strength, Westshore stands as Tampa Bay’s top entertainment hub, anchored by Raymond James Stadium, the upscale International Mall, and more than 4 million square feet of retail offerings. Westshore’s highly dynamic live-work-play setting attracts an affluent resident base boasting an average household income of $148,974 within a 3-mile radius of the property.

With entitlements in place for 398 units and 7,502 SF of ground floor retail, the Site presents a transformative opportunity for visionary developers to create an iconic, large-scale destination within Tampa’s most coveted residential enclave, allowing investors to capitalize on Westshore’s explosive demand dynamics and virtually impossible barriers to entry.

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特性

土地面積

4.27 英畝

分区

Planned Development (398 Units, 7,502 Retail SF)

媒體

投資亮點

Exceptional Accessibility to Employment Anchor

The Property's prime location on Westshore Blvd (AADT: 24,000) near I-275 provides quick access to Tampa's major employment centers: Westshore Business District (102K employees, 2-min drive), Downtown Tampa (77K employees, 10-min drive), and Gateway Office Market (114K employees, 15-min drive).

Abundant Retail and Recreation

The Property sits near Tampa Bay's top attractions: International Plaza and Bay Street (2 minutes away) with 1.25M sq ft of upscale shopping in Tampa Bay's premier retail district, and Raymond James Stadium, home of the Tampa Bay Buccaneers, just 5 minutes away.

Exceptional Submarket Fundamentals

The Site is in the flourishing Westshore submarket, attracting new residents with its prime location and amenities. The multifamily market maintains mid-90% occupancy rates, with 37.6% rent growth over the past 5 years and projected 17.7% growth in the next 5 years (AxioMetrics).

Highly Affluent Community

The Site features strong area demographics with $149K average household income within 3 miles, nearby homes exceeding $1M, and zoning for A-rated Roland Park K-8 Magnet School.