Highwoods Properties and The Bromley Companies will break ground on Midtown One, a 150,000 sq ft multi-customer office building in downtown Tampa in the fourth quarter of this year. Completion is scheduled for the first quarter of 2021. To go up in the mixed-use Midtown Tampa project in the city’s Westshore submarket, Highwoods will hold an 80-percent interest in the joint venture representing $72m.
Midtown Tampa is a new mixed-use project that is going up on 22 acres with a total projected investment volume of more than $500m. The scheme will offer 750,000 sq ft of office, 220,000 sq ft of retail and entertainment as well as 390 multifamily units and 225 hotel rooms.
Robert McLean