Outback Steakhouse founder swaps mansions with hedge fund boss

J. Timothy Gannon, the co-founder of Outback Steakhouse and Tampa-based Bloomin’ Brands, has exchanged Palm Beach mansions and millions of dollars with hedge fund executive Laurence M. Austin and wife Molly M. Austin. Gannon sold his 7,005-square-foot beachfront mansion at 1300 N. Ocean Blvd. for $12.23 million to the Austins. On the same day, the Austins sold their 5,802-square-foot home at 235 Nightingale Trail to Gannon for $5.76 million. The listing agent for the home at 1300 N. Ocean Blvd.…

Cities and builders face ‘hornet’s nest’ to meet affordable housing needs

Using government subsidies, tax credits and zoning changes, city leaders are encouraging builders to incorporate affordable housing into mixed-use projects.

Massive mixed-use development, including 600 apartments, planned for 55 vacant acres in Brandon

A developer is targeting one of the largest remaining vacant parcels in the Tampa suburb.

Three-story townhouses with rooftop terraces break ground in St. Petersburg’s historic Kenwood (Rendering)

Contemporary townhouses are coming to one of St. Petersburg's most historic neighborhoods.

Developers of 53-story mixed-use Riverwalk Place to begin external demolition of CapTrust building in downtown Tampa

The developers of the 53-story Riverwalk Place will begin external demolition of the CapTrust building, a process expected to take more than a month and affect traffic patterns in downtown Tampa. The developers — a partnership of Tampa's Feldman Equities and West Palm Beach-based Two Roads Development — said on July 2 that they will begin external demolition on July 8. Internal demolition of the building has been under way since at least early May. On July 5, the developers said via a spokesman…

Don CeSar developer’s historic home on St. Pete Beach hits the market (Photos)

The historic home where the developer of the Don CeSar lived while building the Pink Palace is up for sale. Thomas Rowe, who opened the iconic hotel in St. Pete Beach in 1928, lived in the home at 3215 West Maritana Drive before and during the construction of the Don CeSar. It is listed for sale at $1.25 million. Tia Hockensmith and Anna Womack of Smith & Associates Real Estate are the listing agents. “The buyer of this home will not only have the pleasure of living in a gorgeous home with stunning…

Zillow economist: Tampa Bay housing market is showing signs of slowing along with rest of U.S.

Home values in Tampa Bay and across the U.S. fell for the second straight month in May — and while the declines are slight, a Zillow economist says it could be the beginning of a return to a more normal housing market.

Tampa Bay’s multifamily market is still on fire

From new towers to reviving aging properties, there’s no shortage of interest in Tampa Bay multifamily real estate