TAMPA — The city’s tallest skyscraper would rise on the former site of the ill-fated Trump Tower along the Hillsborough River under plans filed this week with the city.
Feldman Equities, a St. Petersburg-based developer headed by Larry Feldman, filed plans for a 52-story, mixed-use building at Ashley Drive and Brorein Street.
Ten years ago, Donald Trump, the New York real estate developer, reality television star and current Republican presidential candidate, swaggered into town to announce construction of the Trump Tower luxury condominium complex at Ashley and Brorein. The recession and a series of lawsuits smothered that project before construction began, and the land was last used as a staging area for construction on the city’s Riverwalk.
Feldman declined to comment on his project.
It is labeled only as “Future Riverside Residences” in city paperwork, but would conform to much of the site plan approvals granted for the Trump project, which had also been envisioned as a 52-story structure.
It would stand just under 627 feet tall, supplanting the 579-foot Regions tower as the Tampa Bay area’s tallest building.
The first floor would feature retail and restaurant space fronting the Hillsborough River. The next seven levels would be parking, with 630 spaces.
The structure follows with 14 stories of office space and 30 floors featuring 203 luxury residences.
“I could not be happier with the announcement,” Tampa Mayor Bob Buckhorn said Tuesday. “It is exactly what that site can handle and what it deserves. It will have one of the best view corridors out onto the bay and over to the minarets in the city ... What really makes me happy is the retail, the bars and restaurants, on the Riverwalk.”
Feldman and his partners, Tower Realty Partners, own three high-rises in downtown St. Petersburg: the Morgan Stanley Tower, First Central Tower and City Center. They bought, upgraded, and in November sold the Wells Fargo Center in downtown Tampa.
The partnership owns 4 million square feet of office space in the Tampa Bay and Orlando areas.
The move comes as Tampa experiences a burst of activity in its downtown core. In December, Tampa Bay Lightning owner Jeff Vinik unveiled a $1 billion planned redevelopment of roughly 40 acres that will include the relocation of the University of South Florida’s Morsani College of Medicine and the school’s heart institute to Meridian Avenue and Channelside Drive.
Meanwhile, SkyHouse Channelside, a 23-story, 320-unit apartment tower, celebrates its grand opening Thursday. Across the Hillsborough River from the Feldman Equities project site, developers envision an eight-story, 400-unit residential building at the site of The Tampa Tribune’s headquarters, which is in negotiations for a sale.