Denholtz Properties announces the sale of a parcel of land adjacent to their 1000 N. Ashley Avenue office building in downtown Tampa to Mill Creek. The sale will pave the way for Mill Creek to construct Modera Tampa, a luxury mixed-use apartment community in the heart of Tampa’s emerging River Arts District.
Situated at the intersection of North Ashley Drive and West Tyler Street, Modera Tampa will be steps away from the Straz Center for the Performing Arts, the Tampa Riverwalk, Curtis Hixon Waterfront Park, museums and several vibrant dining, shopping and entertainment options within downtown Tampa.
Targeted for completion in the fall of 2021, the eight-story Modera Tampa will feature 353 apartment homes and approximately 13,000 square feet of ground-floor retail space. Modera Tampa will offer studio, one-, two- and three-bedroom apartment homes with a rooftop deck with outdoor dining areas, a 24-hour fitness center with a full suite of fitness programming, a pet spa lounge, barbecue grills and fire pits, workspace and a resident clubroom with entertainment and lounge areas.
“Situated near the top of every list of the nation’s hottest real estate markets, Tampa has become the place to be for real estate developers, investors, businesses, and residents alike,” said Steven Denholtz, CEO of Denholtz Properties. “As the owners of one of the city’s premier office buildings, we welcome Mill Creek to downtown Tampa. We look forward to watching their team leverage their decades of residential development experience to create a unique and amenity-filled space that will help further reinforce downtown Tampa’s position as one of nation’s most desirable locations.”
Modera Tampa will be located next door to The Times Building, Denholtz Properties’ 10-story, 180,000-square-foot office building that is one of the most recognizable buildings in the downtown Tampa area. Denholtz Properties recently completed a year-long $1.5 million renovation project at the building that included a complete lobby renovation, new restrooms, the addition of a new fitness center and a café operated by Inside the Box Catering. Denholtz Properties’ revitalization of the former iconic home of the Tampa Bay Times has played an integral role in the resurgence of downtown Tampa’s Arts District. Through the land sale and construction of Modera Tampa, Mill Creek will further enhance the area’s live-work-play offerings and build upon the dynamic and vibrant spirit that continues to make it one of the United States’ most attractive places for businesses, residents, and tourists alike.