realestate

Tampa Downtown Landmark Sells for $40M, Future Development Unveiled

New owner may alter plans for high-rise apartments in Tampa.

A
new direction is emerging for the building at 601 N. Ashley Dr. in Tampa, as the city's records indicate a shift from high-rise apartments to a more ambitious project. The proposed development would involve demolishing the existing structure and replacing it with a 43-story tower featuring 480 multi-family units.

Tampa's iconic downtown landmark sold for $40M, future development plans revealed.