Units Remain at The Arlington Downtown Tampa

By MICHAEL CANNING Published February 18, 2005
LOCATION: 1209 N Franklin St., downtown.
DEVELOPER: Stephanie Ferrell and Russell Versaggi as Arlington Partners LLC.

DESCRIPTION: Two-story circa 1910 brick vernacular building with 31,000 square feet. The ground floor is being converted into 10 units ranging from 1,200 to 1,620 square feet for retail, commercial, residential or live-work use. The upper floor will have 11 residential units, seven of which will be one-story flats. They will range from 680 to 1,200 square feet. Four other units will be two-story townhomes ranging from 1,200 to 1,500 square feet.

PRICE: Call for pricing, some units are available. 813-784-7744

AMENITIES: The flats and townhomes will feature much of the historic building's original trim work, including doors, transom windows, carpentry accents, 12-foot ceilings, plus hardwood floors and stone kitchen countertops. The townhomes will have rooftop decks.

WHAT THEY'RE SAYING: "I was definitely charmed and surprised by (the building)," said Stephanie Ferrell, a Tampa architect who specializes in historic preservation. She said much of the building's interior, "hadn't been disturbed for 50 years. The whole interior was a time capsule from 1910."

TIMELINE: The second floor used to house the 52-room Arlington Hotel. The ground floor had the hotel's lobby and other retail businesses. The hotel closed shortly after Badcock furniture store took over the ground floor, about 1946 or 1947, Ferrell said. The second floor was likely converted to low-rent apartments and eventually vacated, she said. Ferrell bought the building three years ago with former business partner Bob Harrell. Badcock moved out of in October, and renovations began in early January.

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Condo auction attracts many bidders, few sales-Tampa, Fl

Condo auction attracts many bidders, few sales
Tampa Bay Business Journal - 2:55 PM EST Monday

Forty condominium units at The Hamptons at Tampa Palms were sold at a public auction over the past weekend, at an average price of $148,000 a unit.

J.P. King Auction Co. of Gadsden, Ala., managed the sale of the units, which were among the most expensive converted apartments in the Tampa Bay area. The auction attracted 171 bidders from 15 states as far away as Minnesota, Nevada and California
.
The sale disposed of 20 two-bedroom units, 15 three-bedroom units and five one-bedroom units, at a total price of just above $5.9 million, a J.P. King spokesman said.
Bay Communities Real Estate Inc. converted the 315-unit Hamptons complex in July 2005 and decided to put 100 condos on the block during the Dec. 9 auction, conducted at the Grand Hyatt Tampa Bay hotel on Rocky Point.

"We came to reduce our inventory, and that's what we did," Bill Harkins of Bay Communities stated in a release Monday. "We got 40 units sold and some people got a great deal. It's a very soft market."

Among the crowd were several other condo developers who observed the Hamptons sale as they consider auctions to reduce their own inventories.

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Neighborhoodtimes: Condominium project anything but ordinary

Neighborhoodtimes: Condominium project anything but ordinary

CommunityWalk - Under Construction in Downtown Tampa

CommunityWalk - Under Construction in Downtown Tampa
Map of Projects in Downtown Tampa

Venue Condo Tower Approved For Downtown Tampa

Condo Tower Approved For Downtown
Published: Oct 27, 2006


TAMPA - The developer of a proposed 50-story condominium tower on prime downtown land won zoning approval for the project Thursday from the city council.
Gibraltar Development Corp. hopes to break ground next year and see the building ready for occupancy in late 2009.
The site, located along the Hillsborough River, is now occupied by an office building.
The site is less than a half-acre but sits at a prime location at the southwest corner of Ashley Drive and Kennedy Boulevard.

Named Venu, the slender glass tower the council approved Thursday is to have 215 condo units.
Residences would range from 900 to 4,000 square feet and unit prices would run from $400,000-plus to more than $3 million.

Plans call for 3,200 square feet of ground-floor retail space and 10 floors of parking.
The site is a short distance from the site of the Trump Tower Tampa project. Construction on the 52-story Trump project, which also is being built along the Hillsborough River, has been delayed while the developer seeks financing and addresses a foundation issue.

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Condos to be auctioned -Tampa, Fl

Condos to be auctioned in effort to move units: "Condos to be auctioned in effort to move units
STAFF REPORT

In another sign of a slow housing market, 100 condominium conversion units at the Hamptons at Tampa Palms will be sold in December in an auction -- 40 of them in an 'absolute auction.'

That means some of the units on Amberly Drive in the New Tampa area will go to the highest bidders with no minimum bid or reserve.

Condos selling 'absolute' will include 15 three-bedroom units, 20 two-bedroom units and five one-bedroom units.

Residential and real estate auctions have become the fastest-growing segment of the U.S. auction business.

In a real estate market that has been turned upside down, auction specialists are finding interest growing exponentially from would-be sellers desperate to move their product.

Bay Communities, the development firm converting the apartments, decided on an auction strategy to speed up sales, said Craig King, president of J.P. King Auction Co., the Alabama outfit managing the event.

'With the marketplace slowing down a bit, Bay Communities decided it was a good time to get more aggressive and sell a number of units in one day,' King said.

The developer, Bay Communities, started marketing in mid-2005, 'but as everybody knows, the market has slowed down quite a bit nationwide since then,' said Bay's Bill Harkins.

'In that environment, we felt an auction would help reduce the inventory.' "

List of Condos and Lofts in Tampa, Fl

Receive an updated price list of condos and lofts in the Tampa Bay Area, Downtown, Channelside, Ybor City and South Tampa. Pre-Construction pricing and resales available in all developments.

Includes: The Slade, The Place, Victory Lofts, Channelside Lofts, The Meridian, Ventana, the Grand Central at Kennedy, Box Factory Lofts, the Residences of Franklin St.,345 Bayshore, The Towers at Channelside, Skypoint, Element, and The Arlington in Downtown Tampa.

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