Hillsborough County is poised for significant development as two prominent real estate firms, one based in Atlanta and another in Dallas, have announced plans for substantial new projects. Wood Partners is set to develop a large apartment complex in Seffner, while Trammell Crow Co. is constructing a modern industrial center in Thonotosassa, signaling continued investment and expansion in the region.
Key Takeaways
- Atlanta-based Wood Partners is planning a 304-unit apartment complex in Seffner.
- Dallas-based Trammell Crow Co. is developing a 136,714-square-foot industrial warehouse in Thonotosassa.
- These projects underscore a robust development pipeline in Hillsborough County, catering to both residential and commercial needs.
New Residential Development in Seffner
Atlanta-based Wood Partners has revealed plans to construct a new apartment complex in Seffner, Hillsborough County. The development will feature 304 residential units, addressing the growing demand for housing in the area. While specific details regarding amenities and timelines are still emerging, the project signifies a major investment in the county’s residential sector.
Industrial Expansion in Thonotosassa
Dallas commercial real estate giant Trammell Crow Co. is moving forward with the development of a new industrial center in Thonotosassa. The company has acquired 10 acres of land where it will build a 136,714-square-foot, single-story warehouse. This speculative development, named the New Tampa Commerce Center, is designed with a 32-foot clear height and is slated for completion by January. The property, located at 9447 E. Fowler Ave. (also noted as 9401 E. Fowler Ave. in county records), was purchased for $5.65 million. Trammell Crow Co., a subsidiary of CBRE Group, reported a substantial pipeline of $10.1 billion in projects as of December 31st, highlighting its significant presence in the commercial real estate market.
Sources
- Wood Partners plans 304-unit apartment complex in Seffner, The Business Journals.
- Dallas developer to build Thonotosassa industrial center, Business Observer.