Miami-based Related Group purchased an 8.5-acre parcel in the South Tampa Westshore Marina District for $11.81 million. The 52-acre overall development will eventually include 1,750 residential units, retail space, office space, a marina, and waterfront park.
Related planned a 396-unit luxury rental building on the acquired site, with construction beginning in February 2018 and leasing commencing August 2018. BTI Partners’ executive noted: “This is the first of many diverse new offerings for the Westshore Marina District.”
