Thursday, December 20, 2018 / by Aaron Barker
The southern stretch of Westshore Boulevard has been experiencing a construction boom where builders and developers are turning old and abandoned stretches of land or condo buildings into luxury condos and townhomes:
The Isles at Old Tampa Bay: is the largest vacant property on the Tampa peninsula with an astounding 160 acres waiting to be developed on Westshore Boulevard, just north of Gandy Boulevard. Owned by the DeBartlo Group, a nationwide builder of luxury multifamily units, commercial storefronts, hotels, and shopping centers, The Isles was scheduled to begin construction in 2016. However, there has been no movement on the project. For decades, the development was promised as the first new waterfront community in Tampa, but that honor has now been taken by the Westshore Marina District. Once The Isles at Old Tampa Bay is developed, it will be spectacular, boasting the only white sand beach in South Tampa; it is zoned for up to 1,235 homes and nine acres of retail space.
Bayshore Boulevard is also feeling the stretch of new multifamily construction with three new luxury towers underway or approved for development:
The Aquatica: is a 15-story, 32-unit luxury tower on the corner of Bayshore and Bay to Bay with floor-to-ceiling windows in nearly every room. a pool on the 4th floor deck, and other luxury amenities.
The Virage: is a 24-story, 72-unit luxury tower being built on the site formerly occupied by the historic Colonnade Restaurant. The Virage’s high-end units are expected to be priced in the $1–5 million range; units currently on the market are priced from $1.66 million for a 2 bed/2.5 bath to $3.35 million for a 4 bed/5 bath. The building’s penthouse unit was listed for close to $5 million last year and quickly went under contract.
The Sanctuary at Alexandra Place: is designed to be the most luxurious of them all. According to plans, the penthouse will span the top two floors, and each of the remaining 14 floors will house one unit per floor. The second-story unit has an available upgrade for a “backyard” featuring artificial turf, a trellised seating area, and a private hot tub.