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Tampa Heights Tower
Update
04/05/23
Developer Closes on Land for Tampa Heights Tower
Loci Capital, a local developer, has closed on the land from A Brighter Community Inc., the oldest preschool in Tampa, for the planned Tampa Heights Tower Development. According to Hillsborough Country records, Loci purchased the land for $3.1 million and obtained a mortgage from Valley National Bank for $2.1 million. Under the terms of the purchase agreement, the preschool will be relocated, a portion of the proceeds from the sale will go towards the relocation costs. The new development would include 490 apartment units and 15,000 square feet of ground level retail and office space along Florida Avenue. Tampa Heights Tower will have two seven-story buildings connected by a skybridge.
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