Prime Redevelopment Opportunity in Tampa’s Booming Channel District
Seize the opportunity to acquire a prime redevelopment site in Tampa’s thriving Channel District. This exceptional assemblage at 1121, 1125, and 1127 E. Twiggs St. spans approximately 0.7049 acres and is listed for $14,600,000. Zoned CD-1 (Channel District - Mixed Use) with a Current FAR of 7.0, this property offers unparalleled flexibility for mixed-use commercial projects, including office spaces, retail establishments, hospitality ventures, and hotels.
Strategically located next to Madison Street Park and Dog Park, this site provides adjacent green space and proximity to top attractions such as the Tampa Riverwalk, Amalie Arena, Sparkman Wharf, and the Florida Aquarium. The nearby Tampa Convention Center hosts over 100 major events annually, enhancing the appeal for hotel and hospitality developments catering to both business and leisure travelers.
The Tampa Riverwalk attracts over 1.2 million visitors annually, ensuring significant foot traffic and visibility for retail and hospitality businesses. Initiatives like the Riverwalk Attraction Pass further bolster the area’s vibrancy with 12,000 passes redeemed in 2023 alone.
Connectivity is a major advantage of this property, with access to Channelside Drive, FL-618 (The Selmon Expressway), I-275, and I-4. Public transit via the TECO Line Streetcar connects downtown Tampa with Ybor City. Additionally, Tampa International Airport's $2.5 billion expansion aims to handle up to 35 million passengers by 2037, enhancing potential developments catering to domestic and international travelers.
Port Tampa Bay, Florida’s largest port located just 0.3 miles from the property, handles over 36 million tons of cargo annually—offering logistical advantages for large-scale construction projects or businesses reliant on imported materials.
With robust utility services from Tampa Electric, water and sewer services from the City of Tampa, and internet from Spectrum and Frontier Communications, this site is fully equipped for diverse development possibilities.
Tampa’s booming economy is driven by key industries like finance, technology, healthcare, and real estate. Major corporations such as Raymond James Financial and Moffitt Cancer Center are fueling rapid growth. With tourism contributing $8.5 billion annually from 26.7 million visitors—and renowned beaches like St Pete and Clearwater less than 30 miles away—this prime redevelopment site presents an unmatched investment opportunity in one of Florida’s most dynamic cities.
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