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Downtown Development Forum ‘2010 – Downtown Tampa’s New Decade’ Residential Downtown Updates

Downtown Development Forum ‘2010 – Downtown Tampa’s New Decade’ Residential Downtown Updates Presented by Dave Traynor, CRB Director of Business Development. THE SLADE. Number of Residences: 280 Number Sold: 50% under contract, closings to begin end of March

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Downtown Development Forum ‘2010 – Downtown Tampa’s New Decade’ Residential Downtown Updates

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  1. Downtown Development Forum ‘2010 – Downtown Tampa’s New Decade’ Residential Downtown Updates Presented by Dave Traynor, CRB Director of Business Development

  2. THE SLADE Number of Residences: 280 Number Sold: 50% under contract, closings to begin end of March Avg $/Sq. Ft: 1 bed from $140’s 2 bed from $200’s Lending Avail: Yes, Fannie Mae Owner: Cobalt Development On-Site Brokerage: Cobalt Development

  3. SKYPOINT Number of Residences: 380 Number Sold: SOLD OUT Avg $/Sq. Ft: $265 Lending Avail: Yes, Fannie Mae, FHA, VA approved Owner: Novare On-Site Brokerage: Smith & Associates

  4. TOWERS OF CHANNELSIDE Number of Residences: 257 Number Sold: 124 Avg $/Sq. Ft: $185 Lending Avail: Yes, In-house financing Owner: In receivership On-Site Brokerage: JMC Realty

  5. VENTANA Number of Residences: 84 Number Sold: 64 Avg $/Sq. Ft: $150 Lending Avail: Yes, Fannie Mae, VA Owner: Silverpoint On-Site Brokerage: Toni Everett

  6. THE PLAZA Number of Residences: 138 Number Sold: 105 Avg $/Sq. Ft: Varies at $250-$507 Lending Avail: FNMA approved, no preferred lender Owner: Patrinely Group On-Site Brokerage: Patrinely Group

  7. RENTAL COMMUNITIES GRAND CENTRAL AT KENNEDY # Units: 392, 192 sold # Rented: 200, all remaining units $1.60/sf avg per month THE PLACE # Units: 245 Of units available to lease, only 10 left at an average of $1.50/sf avg per month SEAPORT # Units: 422 # Rented: Over 80% $1.20/sf avg per month ELEMENT # Units: 395 # Rented: 237 $2.07/sf avg per month

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