WestShore Plaza, an enclosed suburban style shopping mall in the heart of an urban district will one day bring a live-work-play environment that the Tampa Bay region has seen brough to life in other areas such as Water Street and Midtown. Owners of the plaza, Washington Prime Group, announced a three-phase redevelopment plan back in 2019 prior to the pandemic. These plans were approved, but no project dates have been officially announced.
Washington Prime Group filed for Bankruptcy back in 2021 - citing online shopping becoming a struggle for traditional shopping centers. The bankruptcy filing is said to not have affected any redevelopment plans. The three phases would look like this:
Phase One:
Phase Two:
Phase Three:
Below are renderings of the planned redevelopment:
Sources: Tampa Bay Business Journal, Tampa Bay Times
Thank you for your interest. If you need appraisal or valuation services in the Tampa Bay area contact:
Mike Cliggitt, MAI, MRICS, CCIM
813.405.1705 - Direct Line