Monday, December 11, 2017
Business

Developers move ahead with plan for 36-story condo in Tampa's Channel district.

Developers are pressing forward with a decade-old plan to build a 36-story condo in Tampa's Channel district. Mercury Advisors updated its plan for the 27,520-square foot tower at 858 Channelside Drive in a filing with the city Wednesday.

The changes in Del Villar reflect the developers' new tack toward more upscale accommodations. With the incoming medical school and the addition of a Publix in the area, Mercury director Ken Stoltenberg said, they anticipate a desire for luxury housing.

"We just think that, obviously, the neighborhood has changed over the past 10 years," he said. "You've really got a walkable neighborhood."

There will now be 61 units instead of 124, as well as 145 parking spaces instead of 256. The previously-planned robotic garage, which would have had an automated storage and retrieval system for cars, has been abandoned for five levels of a traditional parking garage.

Mercury Advisors also will not be pursuing LEED certification for the space, a designation for energy-efficient and environmentally-friendly buildings. Instead, Stoltenberg said, they will work to get a similar certification, but didn't have more specifics. The building will still have an emphasis on sustainable materials and construction.

Stoltenberg expects construction to begin within about a year.

Contact Malena Carollo at mcarollo@tampabay.com. Follow @malenacarollo.

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