A joint venture between Feldman Equities and Tower Realty Partners, has acquired a 1.47 acre plot along with the CapTrust office building in downtown Tampa for $12.05 million. Located at the intersection of South Ashley Drive and Brorein Street. The seller, Forge Capital Partners LLC, paid $5 million for the land and office building in 2011.
The new mixed use project, Riverwalk Tower, will feature a 52 story tower, including 14 stories of office space, with 215,000 sq ft of leasable space, and 31 stories of luxury apartments with 203 luxury units. Also included in the plans will be two waterfront restaurants, a bar and café on the ground level. The project is being designed by the Gensler studio. The office portion of the scheme would be the first new multi-tenant space in downtown Tampa since 1992.