Tampa Market At A Glance

Top new retail companies that have entered the market in 2000-01:

Nordstrom – International Plaza, Tampa, FL 
Neiman Marcus International Plaza, Tampa, FL 
Lord & Taylor International Plaza, Tampa, FL 
BJ’s Wholesale Club – Tampa & Clearwater (2 stores to date)  114,000 s.f.
Tommy Bahama – Old Hyde Park Village, Tampa, FL   10,000 s.f.

Top new restaurants that have entered the market in 2000-2001:

The Palm – Westshore Mall, Tampa
Fleming’s – Boy Scout Blvd., Tampa
Roy’s– Boy Scout Blvd., Tampa 
Morton’s – International Plaza, Tampa 

Top corporate entries and expansions in the market in 2000-2001:

Merck-Medco expansion – netpark.tampabay, Tampa (143,000 s.f.)
Home Depot office – US Route 301, Brandon, FL (110,000 s.f.)
Marriot Vacation Club – netpark.tampabay, Tampa (66,380 s.f.)

Notable new office/retail/industrial projects in 2000-2001:

International Plaza, Tampa, FL 1,200,000 s.f. 
Central Ybor, Tampa, FL, Entertainment Center 
Baywalk, St. Petersburg, Entertainment Center 
Corporate Center II, Tampa   380,000 s.f.

Vacancy factor marketwide for each type:
 
Retail: 8%  Office:  16%  Indust: 7%

Big development buzz:

Tampa Bay One, Dale Mabry Avenue & I-275, Tampa, FL 900,000 s.f. mixed-use
Hillsborough River Tower, Tampa CBD  Proposed 933,310 s.f. office tower.

Biggest building sale in the market in 2000-2001:

NationsBank Building, Tampa CBD 512,851 s.f.
Colonade Bldg., Tampa CBD 388,000 s.f., $42,720,000

Retailers who left the market in 2000-2001:

Homelife – closed all stores in Tampa Bay
Scotty’s Home Improvement – closed all stores in Tampa Bay