Balm
Balm, FL · Business
Main Street Dollars
Tampa Electric home customers using 1,000 kilowatt-hours a month will pay $154.18 starting in January 2027 after Florida regulators unanimously approved lower rates Nov. 3
Tampa Electric home customers who use 1,000 kilowatt-hours a month will pay $154.18 starting in January 2027, after the Florida Public Service Commission voted unanimously on Nov. 3 to approve a second bill cut this year. The utility says the drop comes from cheaper natural gas, the fuel behind most of its power. The cut […]
tbbwmag.com
South Tampa Apartments Relisted After $134 Million Sale
The Pointe on Westshore, a 444-unit apartment community in South Tampa that sold for $134 million in April 2024, is back on the market roughly two and a half years after Tampa-based American Landmark Apartments acquired the property. JBM Institutional Multifamily Advisors announced the listing Nov. 10, with offers due...
hoodline.com
Tampa Breaks Ground on $65M Industrial Park Near I-4, Wetlands and All
Constellation East Tampa Business Center — Nearby Industrial Development in Pipeline. Construction has begun on a $65 million industrial project in East Tampa that will eventually put three rear-load warehouse buildings on a 51-acre site at the intersection of U.S. 301 and East Sligh Avenue, with completion expected in late 2027. The site sits two minutes from I-4, with direct access to downtown Tampa, and offers connections to both Interstate 4 and Interstate 75, placing it in one of the region's busiest logistics corridors.
tbbwmag.com
Port Tampa Bay Strikes Major Deal for 10,000-Car Terminal
Port Tampa Bay has struck a long-term agreement with GLOVIS America for a 32-acre expansion of its car shipping terminal, increasing the company’s operating footprint by approximately 66% and making room for a planned capacity of 10,000 vehicles. Announced Monday, Nov. 9, the deal gives GLOVIS control of property...
hoodline.com
South Florida Firm Snaps Up Largo Apartment Complex in $57 Million Deal
A South Florida property manager has acquired a Largo apartment complex spanning 20 buildings and 36.2 acres for $57 million, adding another nine-figure-adjacent deal to a Pinellas County apartment market that keeps drawing outside investors. The buildings date to 1986 and 1987, placing the property among the area's older multifamily stock now changing hands as buyers hunt for value-add opportunities.
nicholsonstudentmedia.com
WATCH: Brightline pursues Cocoa, Tampa expansion amid financial restructuring
Brightline secured $490 million in financing commitments as part of financial restructuring plans that could expand rail connections across Central Florida from Tampa to the Space Coast. According to the press release, the financial restructuring agreement is intended to reduce the company’s debt and provide new capital. “Today’s agreement...