Tampa and Miami will make a bid for the 2015 Super Bowl. It’s not just up to the city though, they will have to receive an invitation from the NFL to be among places considered for the game. Given the balmy climate and tourist friendly atmosphere, that shouldn’t be a problem. Tampa Bay was a strong… Read More
Hi Speed Rail Line Work Begins
Engineers have begun testing the soil along I-4 between Tampa and Orlando to prepare the ground for the high speed tracks in 2012. Workers are also surveying, doing real estate estimates, appraisals and property searches. The state owns 93% of the land needed, the other 7% will need to be acquired through willing sellers or… Read More
Tampa Port Expansion Planned
A $13.3 million parking garage addition is set to begin at the Port of Tampa in Channelside, and across the channel a $75 million expansion of the container facility has started. The two projects are among many capital improvements at the port this year to accommodate future growth that is expected to follow the 2014… Read More
Trump Tower Has New Owners
Colonial Bank is now the owner of the vacant 1.5 acre property in downtown Tampa that was scheduled to become Trump Tower Tampa. On June 24th a Hillsborough County Circuit Court Judge awarded Colonial Bank more than $5 million from SimDag/RoBEL LLC and other defendants involved in the failed 52-story luxury condominium project. SimDag/RoBEL bought… Read More
Tampa Bay Light Rail Transit System Approved
Transportation planners voted to approve a plan that would build a light rail and express bus service around Tampa Bay. The plan includes more than 100 miles of light rail lines and more than 400 miles of bus service by 2035. It would continue to grow by the year 2050, ultimately connecting seven counties and… Read More
Tampa Hard Rock Plans Major Expansion
In this tough economy, gambling seems to be doing well. The Seminole Tribe of Florida, owner of the Hard Rock Hotel and Casino in Tampa, plans to spend $600- to $800-million on the expansion. Plans include a new 22 story hotel tower with up to 1,000 rooms, 3 times the current capacity. Plans also call… Read More
Judge Oks Trump Tower Foreclosure
A Tampa bankruptcy judge has ruled that Colonial Bank can proceed with its foreclosure against the riverfront project in Tampa. Trump Tower was going to be the areas tallest skyscraper with million dollar plus condos, but couldn’t get fianancing. The bank is owed $3.5-million by developer SimDag LLC, who filed for bankruptcy in 2008, halting… Read More
Trump Tower Tampa Suit Final – No Deal
Donald Trump has settled his lawsuit with SimDag, developer of Trump Tower Tampa, officially ending the relationship between the two. The mediation gave neither side everything it wanted. Details have not been released. Trump sued in May 2007 to recover more than $2-million in licensing fees for the right to use Trump’s name on the… Read More
Trump Tower Developer Files For Chapter 11
On Tuesday, SimDag filed for Chapter 11 bankruptcy protection in Tampa. 3 years ago York tycoon kicked off sales for his namesake, a 52-story luxury condominium tower at 111 S Ashley Drive in Tampa.SimDag would build the 190 units by licensing Trump’s name. But as SimDag failed to get a $200-million loan, the condo market… Read More
Tampa Tower 2 Developer Files For Bankruptcy
Tampa Condo 2 LLC, the developer behind The Tampa Tower 2, is seeking Chapter 11 bankruptcy protection. The would have given downtown Tampa its tallest condo tower – a proposed 51-story, 472 unit condominium tower. Tampa Condo 2 is a subsidiary of Amon Investments LLC of Daytona Beach, which also is building Station Square in… Read More
