Manor West River Update 11/04/22

Developer Secures $85.7 Million Construction Loan for Tampa Apartment Community

 

 

Miami developer Related Group has secured financing for a new apartment community in the West River area of Tampa.  The developer obtained an $85.7 million loan from PNC Bank NA according to Hillsborough County records.  Manor West River will offer 360 apartment units in an eight-story building just north and west of downtown Tampa, that will feature a rooftop pool deck with views of the Hillsborough River.  The apartment community is part of a larger development in the West River district that spans 200 acres and will include 1,636 mixed-income residential units and more than 177,000 square feet of commercial space. Construction of Manor West River is expected to begin prior to the end of 2022.

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