Hotel, residential towers planned for ENCORE! urban renewal project

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TAMPA — The city’s high-rise skyline is set to spread further northeast with a local development firm close to completing the $7.4 million purchase of two parcels earmarked for a residential tower and hotel.

Tampa Housing Authority officials expect later this month to complete the sale of two adjoining parcels that total about three acres on the east end of Cass Street to Pinnacle Group Holdings, a Tampa development firm. The development is part of ENCORE!®, an urban renewal project west of Nebraska Avenue that is replacing Central Park Village, a former public housing complex.

Tentative plans for the 20-story hotel are for 253 rooms. The 28-story residential tower includes retail stores on the first floor, parking and office space up to the eighth floor and 400 housing units.

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Source: The Tampa Tribune – »