plans to replace a Bayshore Boulevard apartment complex with two 20-story condominium towers. to build 156 condominiums The towers would replace The Bayshore Apartments, a three-story, 72- unit complex.
Tampa City Council will be asked Aug. 26 to approve the project. 1.8-acre property was bought for about $5 million in 2001. The condominium project will cost $50 million to $60 million,
``We anticipate that the buyers will be folks who live in Hyde Park, Davis Islands ... who live in very large homes and would like to stay in the area,'' ``We also expect there to be a lot of young professionals who want to be close to downtown.
' The project doesn't have a name or renderings yet, but units are expected to cost $600,000 to $1.2 million. They will range from 2,000 to 3,300 square feet, with two bedrooms and two bathrooms or three bedrooms and three bathrooms. With council approval, construction will start in the spring or early summer and will open in 2007.
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