Midtown Tampa: What $500 million gets you in Tampa
As Jacksonville debates the merits of Shad Khan’s Lot J proposal, Tampa is moving forward with a major infill project of its own that’s similar in price if not in scope.
Article by Ennis Davis, AICP
Jacksonville’s Lot J vs. Midtown Tampa
In Jacksonville, depending on what side of the fence a person falls on, the Lot J development proposed by Jacksonville Jaguars owner Shad Khan is either a downtown gamechanger or a smaller, more expensive version of the failed Jacksonville Landing. While the scope of the heavily debated $450 million project has shrunk in recent weeks, the financial demands on taxpayers have remained the same.
As things currently stand, Lot J will bring:
- 350 residential units
- A 120 room hotel
- 35,000 square feet of Class A office space, and
- 75,000 square feet of retail and dining space in the form of Cordish’s Live! entertainment center concept.
But Jacksonville isn’t the only town with a major infill development proposed. In fact, most cities of similar size have comparable developments either proposed or already under construction. Midtown Tampa is an example of what $500 million will get you in suburban Tampa.
About Midtown Tampa
Developed by the Bromley Companies, Midtown Tampa is a 22 acre mixed-use project intended to help bridge the gap between Westshore and Downtown Tampa. Anticipated for completion in early 2021, the $500 million project will consist of 1.8 million square feet of retail, residential, Class A offices, entertainment and hospitality uses to the surrounding neighborhood and entire Tampa Bay region.
- Retail and entertainment: 240,000 square feet
- Multifamily residential: 390 units
- Boutique Hotel: 226 rooms
- Office: 750,000 square feet
A look at Midtown Tampa