Tampa Bay Development Pipeline
Development Pipeline
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ONE Tampa Tops Out With Nearly 70% Sold
Most buyers are local, and closings are expected to begin in the third quarter of 2027.

Picnic Island Poised for Major Coastal Restoration Under Tampa Plan
Design work advances on a nature-based plan to restore Picnic Island's shoreline and reduce flooding.

Gasworx clears major hurdle to reconnect downtown Tampa and Ybor City
Tampa finalizes agreements to advance a key rail crossing for the Gasworx redevelopment.
Infrastructure & Development
More in Infrastructure & Development
Construction Begins on Port Tampa Bay’s Fourth Cruise Terminal
Site work is underway on the port's fourth cruise terminal, with completion targeted for 2029.

Master-planned community proposed for 1,219 acres of rural Pasco
The proposal would add homes, jobs and industry to one of Pasco County's largest undeveloped sites.

Hillsborough clears up to $650M for South County water project
The One Water Campus is positioned to strengthen South County’s drinking-water supply and pressure.
Commercial Real Estate
More in Commercial Real Estate
Tampa Breaks Ground on $27 Million Police Forensics Hub
The Howard Avenue complex will consolidate evidence, forensic labs and vehicle storage by 2028.

Tampa’s Epicurean Hotel Has a New Owner
Mainsail will continue operating the expanded 188-room Hyde Park hotel under KHP Capital.

Brandon Apartments Extend Affordability Restrictions 10 Years
All 348 Woodberry Woods apartments will remain income- and rent-restricted through 2036.
Industrial Development
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Ashley Furniture Seeks Major Brandon Warehouse Expansion
The proposed expansion would reshape 54 acres near I-75 and require road improvements.

Kahwa Coffee doubles headquarters space in St. Petersburg
Kahwa Coffee has expanded into a larger St. Petersburg headquarters to support continued growth.

French beverage company picks Pasco for $111 million plant
French beverage company Monin has selected Pasco County for a manufacturing and distribution facility, which is…
Office
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Tampa office market posts strongest year in a decade
Leasing rose, vacancy fell and many of Tampa Bay's newest office buildings are nearing capacity.

Major office tenant adds 16,000 square-feet at 400 Central
The expansion brings the planned headquarters footprint at 400 Central to 60,000 square feet.

Tampa Bay office vacancy hits four-year low
Vacancy falls as demand holds and supply tightens across Tampa Bay office market.
Mixed-Use
More in Mixed-Use
Clearwater to Sell Public Land for 178 Affordable Apartments
Seven public parcels could become a 178-unit mixed-use affordable housing development downtown.

Rays show concerts, graduations and sports events in new ballpark renderings
The team’s new images make the case for a ballpark built to work well beyond baseball.

New images show what’s planned around proposed Rays’ ballpark
New renderings reveal the office district planned alongside the Rays' proposed ballpark.
