Posted Feb 21, 2022, 6:45 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,876
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TAMPA | 601 North Ashley Drive | 540 FT | FLOORS
FAA Permits Filed For 540-Foot-Tall Building Across From Curtis Hixon Park In Downtown Tampa
Quote:
Permits have been submitted to the Federal Aviation Administration seeking approval for the construction of a 540-foot-tall building at 601 North Ashley Drive in Downtown Tampa. Located directly across the street from Curtis Hixon Waterfront Park, the property is comprised of two parcels of land that make up an entire city block netting a combined 1.03 acres, or 44,867 square feet, bound by North Tampa Street on the East, East Twiggs Street on the South, North Ashley Drive on the West and East Zack Street on the North with approximately 210-feet of frontage on each side. The property is currently improved with a 12-story office tower that was built back in 1925 called the GTE Tower, which yields a net 61,290 square feet of space, and surface level parking lots. The permits were filed on February 18, 2022.
TLR Tower LLC, an affiliate entity of Downtown Tampa-based real estate investment and management company TLR Group (TLR), is the owner of the the property according to Hillsborough County property records. TLR Group, which itself is an affiliate of LCN Property Management and Groupe Mach, based in Montreal, Canada, and headquartered at the GTE Tower, purchased the building and site assemblage from Ashley 601 Inc. for $20,055,000 back in April 2021. The property falls within Downtown Tampa’s Central Business District and is specifically zoned for multi-story office use. For the sake of naming, we will reference the project as TLR Tower.
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