Miami based developer LD&D plans to build a $200 million mixed-use project in Tampa’s urban district Encore. This will add apartments, hotel rooms, and retail space. LD&D will acquire a 2-acre parcel from Tampa Housing Authority located at 1101 E. Harrison Street. A deed has not yet been filed for the transaction, but city staff has notified developers the proposal has been approved.
The proposed project includes a 28-story luxury apartment building with 365 units. The building will also feature over 45,000 SF of amenity space that will have a wellness area and coworking space. There will be a residential sky lounge on the 26th floor that will overlook the city. A 178-key hotel is also planned and will be separated from apartments with a pedestrian walkway lined with shops and restaurants. There will be 32,500 SF of street level retail space, and a 586-space parking podium.
The development is just the latest planned for the Tampa Bay area’s ongoing development. The Encore district is between the Channel District and Ybor City – which has begun development on the mixed-use district Gas Worx.
1101 E Harrison St is referenced as P.A. ID #: A-13-29-18-9ZN-000000-00010.0
In addition to the proposed mixed-use development from LD&D, all five of the remaining vacant lots in the Encore district are under contract to be sold. CEO of Tampa Housing Authority, Leroy Moore, provided information regarding the vacant lots and what is planned for them to Tampa Bay Business Journal:
All the lots are under contract and developers will close on them between December and mid-2023. Construction is expected to begin on all lots upon closing with each project taking an 18-month planned construction time frame.
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Mike Cliggitt, MAI, MRICS, CCIM
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