This week in Tampa Bay real estate.
The freshest development, infrastructure, retail, school, and market activity across Hillsborough and Pinellas counties, summarized from public reporting and official sources by our team and linked to the original coverage. Updated weekly. Last updated October 9, 2026.
The latest, newest first.
Want the running history for a specific area? Each county hub keeps its own tracked timeline: Hillsborough County, Pinellas County. Community pages on the interactive map carry the same tracked sections for the neighborhoods we cover.
- October 8, 2026InfrastructurePinellas County
PSTA launches 727 Airport Express between downtown St. Petersburg and Tampa International Airport
The daily route began October 4 and runs from 5 a.m. to 11 p.m. via I-275 and the Howard Frankland Bridge express lanes. The article does not list fares or headways.
Source: Tampa Bay Business and Wealth - October 7, 2026Retail & DiningHillsborough County
Hotel Cala resort and two Tao Group restaurants planned for the Tampa Riverwalk
A redesigned 281 room, seven story waterfront hotel on a site that has held a hotel since 1968 is slated to open in January under Hilton's Curio Collection. It will include LAVO and BarOnda restaurants, a pool deck and about 10,000 square feet of event space.
Source: Tampa Bay Business and Wealth - October 7, 2026DevelopmentPinellas County
ClearView completes at Echelon City Center in St. Petersburg with 363 apartments
The community adds one to three bedroom apartments and garage townhomes with ground-floor retail within the roughly 1 billion dollar Echelon City Center. The developers also point to 3rd & 3rd, a downtown high-rise expected in the first quarter of 2027.
Source: Tampa Bay Business and Wealth - October 3, 2026DevelopmentPinellas County
Magellan Housing secures 7.05 million dollars to advance Trailside Estates II on 40th Street South
The second phase would add 94 age-restricted income-restricted apartments at the Pinellas Trail and 40th Street South, with construction expected to start in early 2028 and finish in spring 2029. Total cost is estimated above 35 million dollars.
Source: Florida YIMBY - September 30, 2026MarketPinellas County
Tampa Bay median listing price down 6.6 percent from a year earlier in September Realtor.com data
Realtor.com September data put the Tampa, St. Petersburg and Clearwater metro median listing price at about 385,400 dollars, down 6.6 percent year over year. About 27.5 percent of listings carried a price cut, while active inventory slipped 3.8 percent and new listings fell 2.1 percent.
Source: Tampa Bay Business and Wealth - September 30, 2026DevelopmentPinellas County
Collins Aerospace expands its Largo radar plant with about 100 jobs expected
Pinellas County permit records show interior construction underway on a 26.5 million dollar expansion of Collins Aerospace's plant at 7887 Bryan Dairy Road, supporting radar production for the FAA's radar replacement program. The company expects to finish this year and add about 100 jobs by 2027.
Source: St Pete Catalyst - September 29, 2026DevelopmentHillsborough County
23 story, 339 unit apartment tower planned at Himes Avenue and Cypress Street in Midtown Tampa
A foundation filing shows the Midtown South Tower, a 23 story building with 339 apartments on a 1.77 acre site that is mostly surface parking today. The roughly 423,000 square foot tower would have six parking levels, with apartments starting on the seventh floor.
Source: Tampa Bay Business and Wealth - September 29, 2026DevelopmentHillsborough County
Demolition permit filed for the 1926 Mirasol building on Davis Islands
A demolition contractor applied for a permit to raze the Mirasol, a 1926 Mediterranean Revival building on Davis Islands, months after Tampa City Council rejected the owners' plan to restore it as a boutique hotel. The filing does not say what would replace it.
Source: Tampa Bay Business and Wealth - September 28, 2026Retail & DiningHillsborough County
Matilde steakhouse planned on the Riverwalk at AER Tampa for spring 2027
Next Level Brands released details on Matilde, a 7,600 square foot coastal Mexican steakhouse with a live fire hearth at the AER Tampa residential tower on West Tyler Street. It is planned with about 287 indoor and outdoor seats and a spring 2027 opening.
Source: Tampa Bay Business and Wealth - September 28, 2026DevelopmentPinellas County
PTM Partners lands a 125 million dollar construction loan for EDGE Collective II in St. Petersburg
PTM Partners closed a 125 million dollar construction loan for EDGE Collective II, a 20 story building with 330 apartments and about 19,000 square feet of retail at 11th Street South and 1st Avenue South in the EDGE District. Vertical construction is expected within months, with completion targeted for 2028.
Source: The Real Deal - September 25, 2026Builder ActivityHillsborough County
Berry Bay in Wimauma plans a seventh phase of 436 homes
The Berry Bay community near U.S. 301 and Berry Grove Boulevard in Wimauma is slated for a seventh phase of 436 homes, bringing the total above 3,600 residences. Homes are planned on 40 to 60 foot lots with plans of about 1,500 to 3,600 square feet, anticipated to start in the 300,000 dollar range. Future plans call for at least six more phases with about 300 townhomes.
Source: Florida YIMBY - September 16, 2026Parks & AmenitiesHillsborough County
Hillsborough commissioners advance a 75 million dollar ZooTampa expansion partnership
Hillsborough County commissioners voted 5-2 to advance a 15 year, 75 million dollar partnership with ZooTampa, with the county providing 5 million dollars a year toward a 150 million dollar renovation and expansion program at Lowry Park. The zoo would match with an endowment gift, operating income and a capital campaign. Five other Tampa cultural institutions are collectively seeking about 90 million dollars from the county.
Source: Tampa Bay Business and Wealth - September 14, 2026DevelopmentHillsborough County
Tampa Brass and Aluminum plans a 58 million dollar headquarters expansion with 50 new jobs
Tampa Brass and Aluminum plans to invest 58 million dollars in its Hillsborough County headquarters after new military contracts increased demand for equipment, workers and space. The manufacturer expects to add 50 jobs with an average wage of about 83,200 dollars.
Source: Tampa Bay Business and Wealth - September 14, 2026DevelopmentPinellas County
Porter Development revises Azalea Cay plans for 1,056 residences on the former Raytheon site
Porter Development revised its plans for Azalea Cay at 1501 72nd St. N. in St. Petersburg, a multi phase project that would total 1,056 residences across 12 buildings. The first phase calls for 340 apartments in three buildings, with 102 income restricted units split between households earning up to 80 and up to 120 percent of area median income. The developer has secured 63.5 million dollars in financing.
Source: Florida YIMBY - September 11, 2026DevelopmentHillsborough County
Kinward at Spencer Glen opens 172 build to rent townhomes near US 301 and Big Bend Road in Riverview
Kinward Living, the build to rent arm of Tampa based Eisenhower Property Group, has opened Kinward at Spencer Glen at 10040 Blackstone Creek Court in Riverview. The gated community will total 172 three and four bedroom townhomes with attached garages and screened lanais when construction wraps in the fourth quarter of 2027. It is the company's first community opening, with Kinward at Two Rivers scheduled to follow in late 2026.
Source: Florida YIMBY - September 10, 2026CivicHillsborough County
Hillsborough County projects a 366.9 million dollar annual property tax loss if Amendment 3 passes
County budget staff estimate the homestead exemption amendment on the November 3 ballot would cut Hillsborough property tax revenue by 248.6 million dollars, or 15.7 percent, in fiscal 2028 and by 366.9 million dollars, a 23.2 percent drop from fiscal 2026 levels, in fiscal 2029. The Countywide General Fund would absorb about 213 million dollars of that and the unincorporated area fund another 130.3 million dollars. Commissioners were set to review a 13.78 billion dollar tentative fiscal 2027 budget on September 10 that includes 117.1 million dollars in transportation spending from general funds and the Community Investment Tax.
Source: Tampa Bay Business and Wealth - September 10, 2026DevelopmentPinellas County
Marinova at Coquina Key would replace a closed plaza with 456 apartments and 20,000 square feet of retail
Bayline Group plans nine four story residential buildings totaling 456 units on the 14.5 acre former Coquina Key Plaza site at 575 45th Avenue South in St. Petersburg, plus two retail buildings of 10,629 and 10,188 square feet fronting the homes. The developer bought the site for 8.9 million dollars in 2021, BDG Architects designed the project and NDC Construction is general contractor. Construction is expected to start by the end of 2026 or early 2027.
Source: Florida YIMBY - September 8, 2026DevelopmentHillsborough County
Tampa General plans a fall groundbreaking on 170 workforce apartments near Falkenburg Road and the Selmon Expressway
Tampa General Hospital will contribute five acres it already owns for a 170 unit employee housing project of one, two and three bedroom apartments, with the Michaels Organization as developer and manager. About 14.5 million dollars in state and Hillsborough County grants will help set rents for households earning 80 to 100 percent of area median income, and conventional debt will cover the rest. Tampa's November 2025 housing assessment cited in the story put typical city rent at 2,221 dollars, up 98 percent from May 2014.
Source: Tampa Bay Business and Wealth - September 7, 2026DevelopmentPinellas County
Demolition clears the 800 2nd Avenue South site for two 31 story towers with 824 apartments in downtown St. Petersburg
Crews have finished razing the former UPC Insurance headquarters on a three acre downtown block, clearing the way for Echelon and Third Lake Partners to build two 343 foot towers with 824 apartments, more than 30,000 square feet of retail and a seven story garage with 1,550 spaces. The 225 million dollar project, designed by ARC3 Architecture, includes more than 400 units under 750 square feet. The first tower is targeted for spring 2029 completion and the second for 2031, and no vertical construction start date has been announced.
Source: Florida YIMBY - September 3, 2026DevelopmentHillsborough County
USF sets a September 8 groundbreaking for the nearly 500 million dollar first phase of the Fletcher District
The University of South Florida will break ground September 8 on the first phase of its roughly 30 acre Fletcher District at 13801 N. 46th Street in Tampa. The phase includes 700 student housing beds, four to six restaurants, retail, a hotel and conference center and an academic research building, with a fall 2028 opening targeted near the new on campus stadium. About 270 million dollars is being delivered through a public private partnership with ACE Fletcher LLC and about 225 million dollars funds the research building.
Source: Tampa Bay Business and Wealth - September 2, 2026DevelopmentPinellas County
St. Petersburg selects Magellan Housing for a 126 unit income restricted building in the Deuces
The City of St. Petersburg picked Magellan Housing to build an eight story, 126 unit income restricted apartment building with about 6,000 square feet of retail on a mostly vacant 3.03 acre site along 22nd Street South between Fairfield Avenue and Interstate 275. Units are set aside for households at 30, 60 and 80 percent of area median income, and a later phase would add six for sale townhomes. Seven teams responded to the city request for proposals.
Source: Florida YIMBY - August 20, 2026Retail & DiningPinellas County
Largo approves two restaurant leases at Horizon West Bay with city funded buildouts
Largo commissioners voted 5 to 1 on two leases at Horizon West Bay, the 440 West Bay Drive complex combining city offices and commercial storefronts. Dead Bob's Bar and Restaurant takes about 2,072 square feet in the parking garage building on a 10 year term at 51,800 dollars initial annual rent, with up to 414,400 dollars in city reimbursement for buildout costs. Vachelli Modern Italian signed for roughly 6,443 square feet along West Bay Drive, joining tenants including Louis Pappas Fresh Greek, Parlor Doughnuts and Strachan's Ice Cream.
Source: St. Pete Catalyst - August 19, 2026Retail & DiningHillsborough County
Riverview Chick-fil-A site listed at 4.999 million dollars while still under construction
A roughly 5,200 square foot Chick-fil-A under construction on 1.67 acres at 10509 County Road 672, at Balm Road and U.S. 301, hit the market at just under 5 million dollars. The tenant signed a 15 year lease starting at 213,000 dollars annually with 10 percent bumps every five years and eight five year options, and projected net income of 205,000 dollars implies a 4.1 percent cap rate. Ponte Vedra Beach based Ferber is developing the corner alongside McDonald's, Dutch Bros and Discount Tire.
Source: Tampa Bay Business and Wealth - August 19, 2026InfrastructurePinellas County
PSTA outlines a scenario cutting 25 of 40 bus routes if Amendment 3 passes
Pinellas Suncoast Transit Authority staff told its Transit Riders Advisory Committee that the November 3 property tax amendment could cut agency property tax revenue by about 15 million dollars in fiscal 2028 and 22 million the following year, leaving a roughly 34 million dollar gap. Under the preliminary scenario roughly 25 of 40 routes would end, the new 727 Airport Express would not launch, and the Tampa Bay ferry and Jolly Trolley services would be in question. The measure would raise homestead exemptions on most non school taxes to as much as 150,000 dollars in 2027 and 250,000 dollars in 2028, and lower the non homestead assessment growth cap from 10 percent to 5 percent.
Source: St. Pete Catalyst - August 18, 2026Retail & DiningHillsborough County
California coffee chain Better Buzz signs a 15 year lease on West Brandon Boulevard
San Diego based Better Buzz Coffee leased a 3,625 square foot building on about 1.1 acres at 1402 West Brandon Boulevard near Limona Road, marking its entry into Florida. The initial term runs 15 years with four five year options that could extend occupancy to 35 years, and the lease bars the landlord from leasing nearby property or any site within a half mile to another coffee focused operator. Investment, opening date and staffing were not disclosed in the filings.
Source: Tampa Bay Business and Wealth - August 16, 2026DevelopmentPinellas County
Sitework starts on the 330 unit second phase of EDGE Collective II in St. Petersburg
PTM Partners has begun site work on the 20 story second phase at 11th Street South and 1st Avenue South, planned for about 330 apartments plus 17,000 to 18,000 square feet of retail aimed at national and local tenants. Amenities include a seventh floor deck with a resort style pool, fitness center, spa, media room and coworking space, with Storyn Studio as architect. Balfour Beatty is general contractor and targets completion in late 2028, and the first phase with the Moxy hotel and a renovated three story building finished in 2024.
Source: Florida YIMBY - August 15, 2026DevelopmentPinellas County
The Henry at Whitney Village tops out with 325 units on 1st Avenue South
The first phase of the Greystar and Griffin Capital project at 3200 1st Avenue South has topped out at five stories with 325 studio to three bedroom units and a 600 space parking garage. Completion is slated for March 2027, and the wraparound building occupies 3.37 acres of a larger 12.9 acre site that Greystar bought for 12 million dollars in January 2025. A second phase led by Blake Investment Partners is planned to add a 24,000 square foot pedestrian only retail village and a 60 unit building.
Source: Florida YIMBY - August 13, 2026DevelopmentHillsborough County
Westshore Plaza owner files to remake a 53 acre mall into a 14 block mixed use district
Third Lake Capital filed to rezone Westshore Plaza from Planned Development to Planned Development Alternative, splitting the 53 acre Tampa site into 14 blocks served by a new internal street network. Plans contemplate as many as 1,765 residences, a 240 room hotel, roughly 900,000 square feet of retail and 500,000 square feet of office and medical space. The filing redistributes existing development rights rather than adding them, and no demolition or construction timetable has been set.
Source: Tampa Bay Business and Wealth - August 10, 2026DevelopmentHillsborough County
Ashley Furniture seeks a Brandon warehouse expansion on 54 acres beside Interstate 75
Ashley Furniture asked Hillsborough County to rezone a consolidated 54.15 acre tract to allow up to 620,610 square feet of light industrial use, with site plans showing a distribution center expansion of up to 406,466 square feet. The plan shifts allowable industrial development north toward I-75, relocates stormwater into a new 15.2 acre pond and drops previously permitted hotel and neighborhood commercial uses. Staff recommended approval ahead of an August 11 commission hearing, and the company would need to upgrade a section of Broadway Center Boulevard or obtain a variance.
Source: Tampa Bay Business and Wealth - August 7, 2026MarketHillsborough County
All 348 Woodberry Woods apartments in Brandon stay income restricted through 2036
Florida Housing Finance Corp. approved a 10 year extension for the complex at 808 Pineberry Drive, replacing an expiring agreement with a new Land Use Restriction Agreement so the restrictions continue without a lapse. All 348 units must remain available to households at or below 80 percent of area median income through December 31, 2036, with rents generally capped at 30 percent of the applicable income limit. The 18.38 acre property, built in 1996 with 16 three story buildings and a clubhouse, also cannot convert to condominium or cooperative ownership while the agreement runs.
Source: Tampa Bay Business and Wealth
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Nothing here is investment advice or a prediction for any specific property.
Momentum also tracks weekly development news for Northeast Florida, Orlando Metro, South Florida.