Miles Ybor Update 08/24/22

Developers Secure $35 Million Construction Loan for Ybor City Project

 

 

A joint venture between Tampa-based Alliant Partners and Los Angeles-based ELK Development has secured a $35 Million construction loan from Encore Bank for a new mixed-use development in Tampa’s historic Ybor City.  The partnership acquired the land August 16, 2022.  Miles Ybor, a new mixed-use development will offer 120 fully furnished micro-units.  Additionally, the development includes 20,0000 square feet of retail and office space.  The project is slated to be constructed on a vacant lot at the corner of 17th Street and 6th Avenue, the adjacent building at 1705 N. 16th Street will remain intact.  The residential units will be fully furnished and will include a washer/dryer.  Construction is expected to be complete in the third quarter of 2024.

 

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