Inside Larry Feldman’s plan to dominate Tampa Bay’s office market

From the Tampa Bay Business Journal

The CEO of Feldman Equities is about to embark on the development of the 52-story Riverwalk Tower, which will combine waterfront restaurants, luxury residential units and office space in one skyline-transforming building in downtown Tampa. Larry Feldman, who launched his company in the mid-1980s with his father, is an anomaly in today’s commercial real estate market, where the majority of top-tier office landlords are large, institutional investors. His presence in this region is a boon for small businesses seeking office space here — Feldman typically fills his buildings with multiple small tenants instead of one or two large companies.

It’s a strategy that’s worked: Most of the buildings in his portfolio, which is now more than 1.5 million square feet and includes office towers in downtown Tampa and St. Petersburg, boast occupancy rates of more than 90 percent. The office space in Riverwalk Tower will add 188,000 square feet in 13 stories.

Read the article here

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Post on The Tampa Riverwalk’s Before I Die Wall

We are excited to host the Before I Die wall at our Tampa Riverwalk site. Public spaces like the Riverwalk are critical to a thriving downtown. Our new tower will be an integral part of the community and we are thrilled to partner with Leadership Tampa Bay on bringing this global initiative to Tampa. Loran Tripp Jarrett, VP of Business Strategy at United Landmark Associates and incoming president of her Leadership Tampa Bay class of 2016 was instrumental in bringing the wall to Tampa.Before I Die Wall Tampa Riverwalk

Leadership Tampa Bay got permission from Larry Feldman of Feldman Equities LLC to put the wall just off the Tampa Riverwalk on vacant land that will be home to a 52-story mixed-use tower developed by Feldman Equities and its partners. The Before I Die wall was unvelied August 26th and will stay up on the site until Jan. 31. Stop by the site along The Tampa Riverwalk and fill in the blank “Before I die I want to ___________” Read the 83degrees article here.

What’s on your bucket list? Post it on Before I Die Wall coming to Tampa, St. Pete

Soon, strollers down the Tampa Riverwalk will get to engage in a philosophical exercise that will force them to examine their lives more closely. The vehicle for this moment of self-reflection is a wall with hundreds of stenciled sentences that begin with “Before I die I want to ___” Those who choose to participate, will fill in the blank with a piece of chalk.

Riverwalk Tower in the Design & Development Stage

We’re now in design development stage for downtown Tampa’s Riverwalk Tower, which means we’re holding weekly meetings involving some 50 people at this point. The architectural designs are stunning, and they’ll live up to the expectation we promised, which is to change the skyline of Tampa. If all goes well, we expect to break ground on or before April 1, 2017 and deliver in the first half of 2019. Read the latest details in this interview with Larry Feldman of Feldman Equities LLC and the Florida Business Observer.

COMMERCIAL REAL ESTATE PROFILE: Larry Feldman

July 22, 2016 LARRY FELDMAN President and CEO Feldman Equities LLC St. Petersburg and Tampa Larry Feldman is president and CEO of Feldman Equities LLC, an investment and development firm headquartered in Tampa with offices in St. Petersburg.

 

We Aim to Redefine the Downtown Tampa Skyline with Riverwalk Tower

Following a trip to China in April, Feldman Equities has tapped an architect in the Shanghai office of Gensler to design the 52-story mixed-use Riverwalk Tower, which will be built on the Riverwalk at Ashley Drive and Brorein Street. Charged with designing the iconic building is Shamim Ahmadzadegan, the principal and design director of Gensler’s Shanghai office and leads the firm’s mixed-use practice.

Read about it in the Tampa Bay Business Journal

Tampa Ranks Number 3 as the Most Cost-friendly Big City in Which to do Business.

Tampa’s Riverwalk Tower development in the heart of downtown Tampa is well positioned for businesses. With a cost index of 94.6, Tampa has the third lowest total labor costs among the group of large cities, with relatively low costs for both salaries and statutory plans and benefits according to the 2016 Competitive Alternatives study by KPMG LLP, the audit, tax and advisory firm.

“KPMG’s Competitive Alternatives study provides insight into business location costs in cities across the United States and serves as a valuable benchmark for business executives, economic developers and policymakers considering sites for their business operations,” said Ulrich Schmidt, a managing director in KPMG’s Global Location and Expansion Services practice, which helps companies that are expanding, relocating or consolidating their facilities. “Many factors go into site selection decisions, and a study such as ours helps businesses, city leaders and economic development teams begin to consider investments that should ultimately be good for the community and good for business,” he added.

Read the Tampa Bay Business Journal Article here

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Tampa: A ‘value stock’ in transformation

Great press for Tampa as seen on CNBC. Tampa Bay Lightning Owner Jeff Vinick reflects our own thoughts on why the time is ripe for development including our Riverwalk Tower development in downtown Tampa.  “We’ve got a great city that has not reached its potential yet,” said Vinik. “This project (referring to his project in Channelside) will transform Tampa into a ‘live-work-play’ destination for years to come. There’s no place like it (Tampa) anywhere.”

The other city by the bay is having its moment

Tampa, Florida – America’s other city by the bay, but decidedly less expensive – has come a long way from its origins as a cigar manufacturing hub. Sprawling, fast-growing and diverse, the Tampa-St. Petersburg-Clearwater area is now home to nearly 3 million people.

Miami Herald Touts the Tampa Riverwalk

Who wouldn’t want their office’s front door on Tampa’s spectacular riverwalk? We couldn’t ask for a better downtown Tampa site to build Riverwalk Tower.

Tampa’s Riverwalk is a trail of culture, fun and beauty

Do you ever pledge to exercise while on vacation, then put it off until, well, getting back home? Sleeping in, coffee and cocktail hour tend to trump good intentions. Here’s a place where you can easily keep your pledge – and reward yourself along the way: the Tampa Riverwalk.

Project for Public Spaces Features the Tampa Riverwalk as one of the Great Public Spaces

We could not ask for a better location for our newest downtown Tampa project, the mixed-use Riverwalk Tower office and luxury residential tower.

Tampa Riverwalk – Great Public Spaces

Tampa Bay’s waterfront, set along a portion of the 54 mile long Hillsborough River, was historically an industrial port. As a project that has slowly been carried through with six mayors, this entire area of Tampa Bay has witnessed significant redevelopment, primarily with the waterfront being opened up to the public after the concept was initiated nearly forty years ago.

 

 

 

 

 

The Time Is Ripe For Tampa’s Riverwalk Tower

BUSINESS OBSERVER  Larry Feldman tells Business Observer Editor Kevin Mcquaid that he believes firmly the time is ripe for Tampa’s Riverwalk Tower, thanks to demographic changes skewing more to younger residents, the growing cohesion of Tampa’s Riverwalk, city leadership and the growing economy. “You have to take risk and believe in the future — and I believe in this town’s future,” Feldman said. “In Florida, I’ve learned that if you’re first to market, you can do very well.”

Calculated risk

January 14, 2016 Larry Feldman’s first solo project for his family’s New York-based development firm was a 40-story office building on 45th Street in Manhattan that opened just as a crippling economic recession hit the Northeast. The year was 1990, and Tower 45’s $120 million in debt was racking up interest charges of $43,000 – each day.

Construction begins on final piece of Tampa Riverwalk

Catch Larry’s interview on WFLA “We have a track record and we’re comfortable this project is going to happen.” Riverwalk  Tower

Construction begins on final piece of Tampa Riverwalk

anvplayer video=”765843″ /] TAMPA, FL (WFLA) — Construction starts Monday on the final stretch of downtown Tampa’s Riverwalk. The City will begin demolishing the sidewalk along Doyle Carlton Dr. between Laurel Street and Water Works Park. The sidewalk will be closed to all pedestrian traffic. This marks the next step in Riverwalk development.