Hillsborough County Seeks Master Developer for MOSI’s 67 acres in the Uptown District

cliggittvaluation • November 6, 2023

Beginning today (November 6, 2023) Hillsborough County is beginning advertising for an RFP for development of 67 acres surrounding MOSI (Museum of Science and Industry) in Tampa’s Uptown Innovation District. The County has previously requested development proposals for all 74 acres including the museum, but now the museum is going to stay put on the 7+ acres they lease.


A news release from the county stated, “As part of the Uptown Innovation District, proposers are asked to submit innovative and inclusive development plans with a mix of uses including hospitality, entertainment, retail and public spaces that embrace transit and sustainable mobility."


The museum is located at 4801 E. Fowler Ave., Tampa FL 33617. E. Fowler Avenue is a major arterial roadway, and the 67 acres allocated for redevelopment have high visibility. The property is adjacent to USF and connects with a pedestrian bridge going over E. Fowler Avenue. The average annual daily traffic count on E. Fowler Avenue by MOSI and USF is 65,500.


MOSI has been a closely watched piece of real estate over the last decade. The museum is a prime infill property and is in close proximity to several economic drivers of the community including Moffit Cancer Center, M2Gen, USF School of Medicine, James A. Haley VA Medical Center, Advent Health, the USF Research Park, and 50,000 USF students.


It is requested that proposals maximize the site’s proximity to the economic drivers surrounding the property, and incorporate bioscience, cybersecurity, and other advanced industries. Hillsborough County is currently ranked 10th in the U.S. for population growth, and leads the state in STEM jobs, and was ranked the 2nd best community for young entrepreneurs by Forbes/NerdWallet.


The Uptown district has a slow moving transformation underway, with Fowler Avenue epitomizing suburban sprawl. Fowler is as wide as eight lanes in some stretches, lined with surface parking lots for strip centers, restaurants, and drive-thru pharmacies. Developers and business leaders for Uptown envision the day Fowler Avenue is lined with mixed-use high rises with apartments and medical space above street level retail options and parking decks.


Fowler Avenue has been a puzzle for real estate and transportation experts. A more pleasant experience for pedestrians, cyclists, and motorists would be to downsize the road, but economic drivers in the area such as USF, Moffitt Cancer Center, and Yuengling Brewing Co. rely on Fowler Avenue to handle tens of thousands of cars. FDOT controls Fowler and is currently working on a multi-phase plan to reimagine Fowler Avenue.


The most recent study completed in September by FDOT determined that one lane each way on Fowler would be transformed into a transit-dedicated corridor with an estimated price tag of $25 million. HART (Hillsborough Area Regional Transit Authority) plans to use the lane which will run from Nebraska Ave. & Bruce B. Downs as part of a larger rapid transit service running from Downtown to USF.


The USF area (such as Fowler Ave.), despite having a high AADT of over 65,000 vehicles, has a disproportionate amount of population with zero cars in Hillsborough County. USF also plans to open an on-campus stadium by 2026 which will only welcome more traffic into the area, so having transit options for the public will be a necessity for local residents in the Uptown district. It is clear that while transformation here is underway, the Uptown district has a long road of development and revitalization ahead of it. 

Thank you for your interest. If you are in need of Appraisal & Valuation Services in Hillsborough County, contact:

Mike Cliggitt, MAI, MRICS, CCIM

813.405.1705 - Direct Line

findvalue@cliggitt.com

Hillsborough Appraisal and Valuation Services

SHARE CONTENT

By cliggittvaluation July 25, 2025
A well-known corner of South Tampa is getting a new lease on life. The property at 2616 S. MacDill Avenue—formerly home to the popular eateries Datz and Dough—is undergoing a complete transformation led by Three Oaks Hospitality. The new concept, 1983, is scheduled to open its doors in mid-August. Three Oaks, the hospitality and development group behind successful Tampa Bay ventures like Armature Works, The Pearl, Ciro’s, Steelbach, and Ro, acquired the site in 2023 and has since begun a creative reimagining of the space. The 150-seat restaurant will introduce a sports-forward, social dining experience with an upscale 1980s-inspired aesthetic. The adjacent Dough space will become a retro arcade, paying homage to iconic video games of the past—think Pac-Man and Galaga—while the restaurant itself will offer a menu that ranges from sushi and salads to French dips and classic wings. The design will incorporate vintage sports memorabilia and a preppy flair reminiscent of 1980s fashion and culture. The project’s name, 1983, reflects the birth year of twin brothers Charles and Kyle Bruck, co-founders of Three Oaks. One thing that isn’t changing? The landmark marquee sign out front, which locals may remember for its witty one-liners. It’s being preserved and will continue to feature playful messages as a nod to the building’s legacy. This revitalization adds to the continued momentum of redevelopment along the South MacDill corridor, a high-visibility commercial stretch in one of Tampa’s most established neighborhoods.
By cliggittvaluation July 21, 2025
Tampa residents have been waiting for high-speed rail service—and it’s starting to look like that dream could eventually become a reality. Brightline, the private passenger rail company already operating in South Florida, is officially making moves toward a Tampa expansion. The company recently requested $400 million in bonds to fund new stations and tracks across Florida, with Tampa named as one of the next planned stops. That funding would help push forward rail infrastructure connecting Tampa to Orlando and beyond. So… when can we actually expect to ride? The Not-So-Soon Timeline According to Hillsborough County Transportation Planning Organization executive director Johnny Wong, we might still be waiting another decade. Yep—ten years. Wong’s projection is based on information from a former Brightline executive, now with the Orlando Economic Partnership, who noted that Brightline will need to lay new rail along I-4 before the Tampa link becomes a reality. And since I-4 is currently undergoing a massive expansion that could take up to 20 years to complete, rail construction might not begin for a while. That said, there’s some hope. Governor DeSantis and the Florida Legislature have shown interest in speeding up the I-4 project, which would naturally help accelerate Brightline’s expansion timeline as well. Why Now? Ever since Brightline opened its Orlando station in 2023 (connecting to Miami), the buzz around a Tampa extension has only grown. With Central Florida’s population booming and I-4 getting more congested by the day, many are pushing for a faster, less stressful travel alternative. Last year, Mayor Jane Castor even floated 2029 as a possible opening year for the Tampa station. And with the recent bond request and local support—including a unanimous vote from Tampa City Council to allow Brightline to proceed with financing—the wheels are certainly turning. But There’s a Catch While Brightline has ambitious plans, the company is facing some financial headwinds. It fell about 30% short of its projected ridership last year, carrying roughly 2.8 million passengers. That drop came after eliminating popular $10 commuter passes, though those have since been brought back—and early signs show ridership recovering in South Florida. Despite operating at a $63 million loss last year and carrying $5.5 billion in debt, Brightline continues to grow. And Tampa appears to be next in line. Where Will the Station Go? A final location hasn’t been publicly announced, but city officials have hinted at a site in Tampa’s “greater downtown area,” possibly stretching from Ybor City to the Curtis Hixon Waterfront Park area. In May, Hillsborough County asked residents how they would get to the future station, and the majority said they’d drive or use ride-share services. That means the city will likely need to build a parking structure and invest in safer pedestrian and bike-friendly infrastructure. Respondents also voiced a desire for more public transit near the station, which could reignite conversations about expanding the TECO Line Streetcar into Tampa Heights. What If Brightline Doesn’t Make It? Even with the financial risks, there’s a silver lining. If Brightline lays the rail but later backs out, the infrastructure could still be used by another operator—think Amtrak or even a local transit authority. As Wong put it: “If we have assets for trains to go through Tampa to Orlando, I don’t see why there wouldn’t be competitors in that space.” Source: Tampa Bay Times Thank you for your interest. Have questions regarding the local market? Navigate the Real Estate Market with confidence, and contact us at Cliggitt Valuation for your appraisal, consulting, and valuation needs today. Mike Cliggitt, MAI, MRICS, CCIM 813.405.1705 | 863.661.1165 - Direct Lines findvalue@cliggitt.com Appraisal & Valuation Markets Questions about our blog? Contact our Director of Sales & Marketing, Sydney Avolt. Sydney Avolt 727.403.7418 - Direct Line sydney@cliggitt.com
By cliggittvaluation July 8, 2025
Florida’s property insurance market is finally showing signs of recovery in 2025, following several years of volatility. A combination of legislative reforms and a resilient response to recent storms has begun to steady both residential and commercial insurance rates. For those in the commercial real estate space, this shift offers a much-needed sense of predictability. With fewer surprise exclusions and more stable premium trends, stakeholders can breathe a little easier—even if hurricane season keeps everyone on alert. In this post, we break down the effects of the 2024 hurricane season, 2025 premium trends, key legislative changes, reinsurance market updates, and what these developments mean for property owners, brokers, and investors across the state. After the 2024 Hurricane Season: Resilience in Action
More Posts