Skip to content
Tampa Bay Business & Wealth

Tampa Bay Business & Wealth

Primary Menu
  • News
  • Real Estate
  • Retail
  • Sports
  • Policy
  • Tech
  • Insights
  • PodcastsWatch TBBW | Tampa Bay Business Videos, Interviews & Stories
  • Events
  • Magazine
  • About TBBW
    • Meet TBBW’s Team
    • Contact
    • Advertising with Tampa Bay Business & Wealth
Newsletter
  • Home
  • 2026
  • February
  • 12
  • City Council set to vote on Magnolia Hotel land use change tonight

City Council set to vote on Magnolia Hotel land use change tonight

Council will decide whether Hyde Park’s Magnolia site can shift to mixed-use hotel development.
Chuck Merlis Published: February 12, 2026 | Updated: February 13, 2026

Tampa City Council is set to vote tonight on a major land use change tied to the proposed Magnolia Hotel & Residences, a $136 million redevelopment planned for a full city block at Swann and Magnolia avenues in Hyde Park, near Bayshore Boulevard.

The proposal would amend the city’s Comprehensive Plan and change the site’s future land use designation from Residential-35 to Community Mixed Use-35, a shift that would allow a hotel and other commercial uses on property currently slated for residential and office.

The application covers parcels at 611 and 613 S. Magnolia Ave., 601 and 611 W. Swann Ave. and 612 and 614 W. Bay St.

READ: READ: TAMPA BAY BUSINESS NEWS

If approved, the change would allow the developer to move forward with a planned development rezoning for a 122-room hotel, condominiums, townhomes, a restaurant, a spa and structured parking.

A related request to vacate a portion of the alley behind the site is also part of the broader proposal.

A closely watched decision

The Magnolia vote comes just weeks after City Council denied a similar comprehensive plan amendment and rezoning request for the historic Mirasol on Davis Islands, where owners sought to convert the apartment building into a boutique hotel.

The hearing stretched more than five hours and drew more than 100 speakers. Council ultimately denied the request, citing land use policy, the Planning Commission’s recommendation and concerns raised by neighbors.

READ: TAMPA BAY REAL ESTATE NEWS

In that case, several council members said they focused on whether the requested land use and zoning would fit the neighborhood and the site, even as some acknowledged the preservation arguments raised by supporters.

The Magnolia proposal now heads into a similar moment, with council members weighing whether a hotel and mixed-use project belongs on a Hyde Park block that has long functioned as a residential edge to Bayshore.

Council will first consider the Comprehensive Plan amendment. If it advances, members will later take up the planned development rezoning and alley vacation.

What happens next

A denial would leave the property under its existing residential and office designations. Approval would signal the Council’s willingness to introduce hotel-driven mixed-use development into one of Tampa’s most established historic neighborhoods.

As with Mirasol, tonight’s vote will likely hinge on land use compatibility, precedent and long-term planning policy rather than architectural design alone.

For Hyde Park residents, the question is simple: whether this block stays residential in character, or becomes part of Tampa’s expanding hotel corridor near downtown Tampa.

Stay Informed

Stay up to date on Tampa Bay business news, executive profiles and the companies shaping the region.

Latest Business News Free Newsletter Follow on Social Media Contact Our Newsroom

Post navigation

Previous: Pura Vida Miami plans Water Street Tampa location
Next: Bern’s to replace Haven with seafood concept in 2027

Latest

Last Rep expands Tampa distribution for THC drink, targets 100 stores 1

Last Rep expands Tampa distribution for THC drink, targets 100 stores

March 4, 2026
136,714-SF spec warehouse planned at New Tampa Commerce Center Rendering of the planned 136,714-square-foot warehouse at New Tampa Commerce Center in Thonotosassa near U.S. 301 and Interstate 75. 2

136,714-SF spec warehouse planned at New Tampa Commerce Center

March 4, 2026
Harborview Plaza in Westshore sells to Miami investor for $39.5M Harborview Plaza office building in Tampa’s Rocky Point overlooking Old Tampa Bay 3

Harborview Plaza in Westshore sells to Miami investor for $39.5M

March 4, 2026
Tampa-based XTEND deploys drone teams as Iran war expands 4

Tampa-based XTEND deploys drone teams as Iran war expands

March 3, 2026

Stay Connected

Facebook
X (Twitter)
YouTube
LinkedIn
Instagram

March Cover Story

Tampa Bay Business and Wealth Digital Magazine Cover Read

Read More

Cans of Last Rep THC recovery drink on a production line during an early manufacturing run.

Last Rep expands Tampa distribution for THC drink, targets 100 stores

Chuck Merlis March 4, 2026
Tampa startup Last Rep is expanding its THC recovery drink into up to 100 retail stores.
Read More Read more about Last Rep expands Tampa distribution for THC drink, targets 100 stores
136,714-SF spec warehouse planned at New Tampa Commerce Center Rendering of the planned 136,714-square-foot warehouse at New Tampa Commerce Center in Thonotosassa near U.S. 301 and Interstate 75.

136,714-SF spec warehouse planned at New Tampa Commerce Center

March 4, 2026
Dalí Museum plans $65 million expansion in St. Petersburg Dalí Museum expansion rendering in downtown St. Petersburg

Dalí Museum plans $65 million expansion in St. Petersburg

March 4, 2026
If AI Replaces White-Collar Jobs, It Will Create a Chain Reaction in the Housing Market If AI Replaces White-Collar Jobs, It Will Create a Chain Reaction in the Housing Market

If AI Replaces White-Collar Jobs, It Will Create a Chain Reaction in the Housing Market

March 4, 2026
3 Reasons Your Entire Team Needs to Understand Your Numbers 3 Reasons Your Entire Team Needs to Understand Your Numbers

3 Reasons Your Entire Team Needs to Understand Your Numbers

March 3, 2026

About TBBW

Tampa Bay Business & Wealth (TBBW) is the leading source of Tampa Bay business news, telling the stories behind the region’s biggest companies and the leaders shaping Tampa Bay’s economy.

We report on founders, CEOs and entrepreneurs whose decisions influence jobs, investment, development and long-term growth across the region.
Published daily online and monthly in print, TBBW delivers paywall free coverage with local context and editorial depth.

Our mission is to inform, explain and connect by putting people at the center of business reporting. We believe strong journalism helps business leaders make better decisions and helps communities understand how growth happens, who drives it and why it matters. Learn More

Newsletter

Subscribe to TBBW Newsletter

Stay Connected

Facebook
X (Twitter)
YouTube
LinkedIn
Instagram
  • 1901 Ulmerton Road, Suite 100
  • Clearwater 33762
  • (727)-860-8229

DIGITAL MAGAZINE

Tampa Bay Business and Wealth Digital Magazine Cover Open Digital Magazine
Copyright © 2026 All rights reserved. | MoreNews by AF themes.
Sign up for TBBW’s free newsletter!

Subscribe

* indicates required