Taking root in Ybor City

 


2000

LIVING IT UP: Ybor City is known largely as party central. But could the historic district one day come full circle and see a return of residents?

Brenda Thrower at the Ybor City Development Corp. said there's been a lot of activity in the neighborhoods south and east of the historic district. Two residential projects, Camden Ybor City apartments and the 16 townhomes in Las Palmas de Ybor, were completed last year. Up next: the Ybor Village Lofts.

Developer William Dobson, an architect at Robbins Bell & Kreher, is set to break ground on the first phase of the Ybor Village Lofts in early August. All but one of the eight units have been presold. They range from 912 to 1,453 square feet, have two bedrooms and two bathrooms and a price tag of $138,000 to $220,000.

OF INTEREST: With Tampa property values soaring and interest rates at historic lows, it's a good time to consider a home equity line of credit to consolidate debt,

With good credit, homeowners can get a home equity line starting at 4.75 percent for up to 100 percent of the value of their homes.

They can use the extra cash to pay off high-interest, non-tax-deductible credit card debt or car loans.

Wilson said loan payments fluctuate along with the interest rate, but it would take ages for the prime to reach the rate of most credit cards.

He handles as many as 10 home equity lines each month, about double what he did a year ago, he said.

 

 

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