Proposed Student Housing / Multifamily Development by University of Tampa

Listing was updated at: 01/24/2020
Property Overview
Price/Rent PSF $ 6,500,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.76
Date Available 01/24/2020
Spaces Show
Additional URL Link
Additional parameters Show
Search Demographic Data Explore financing options

Contact

Description

Location
Large corner lot at W. Carmen St and Gilchrist. Located next to the University of Tampa's student housing, track and baseball fields, blocks away from the new downtown Tampa Riverwalk under construction by Skanska, Blocks from Tampa Prep. and STRAZ Center and newly improved Julian B. Lane Community Park. Between N. Hyde Park (NoHo) and the beautiful Armature Works Development. A thriving area in the midst of major redevelopment. Neighboring properties throughout the area were recently approved for increased density to support the increasing economic development.

Sale
Proposed Student Housing / Multifamily Development by the University of Tampa, a 1.76 Acre Development Opportunity.
Comprehensive Plan Amendment for UMU-60 has been completed

Potential for estimated building size of 249k SF for Student Housing/ Multi-Family development based on achieving 3.25 FAR (site analysis by Land & Water Engineering Services).

UMU-60 Provides for 2.75 FAR by right and up to 3.25 FAR if performance bonuses are met.

Environmental Studies are all completed - Phase I and II and Remediation Action Plan (minimal)

New ALTA Survey

Corner lot at W. Carmen St and Gilchrist. Located next to the University of Tampa's student housing, track and baseball fields, blocks away from the new downtown Tampa Riverwalk under construction by Skanska,

Blocks from Tampa Prep. and STRAZ Center. A thriving area in the midst of major redevelopment. Neighboring properties throughout the area were recently approved for increased density to support the increasing economic development.

Location