From a recent article in Tampa Bay Times
A $13.2 million sale brings 345 more luxury apartments to Tampa's Westshore Marina District TAMPA — Westshore Marina District is destined to transform Tampa's western waterfront but the work will be done almost exclusively by South Florida developers. Bainbridge Companies of Palm Beach County closed Friday on a 12-acre, $13.2 million parcel on which it plans 345 luxury apartments. That follows the sale of smaller parcels earlier this year to Miami's Related Group and WCI Communities, a subsidiary of Miami-based Lennar. The seller in all three was Fort Lauderdale's BTI Partners, the master developer of the 52 acres at Gandy and Westshore boulevards. The deal with Bainbridge is likely the final sale to a third party as BTI launches its own project, a 16-story condo tower overlooking Tampa Bay. Why so much South Florida interest in a part of Tampa that has long been industrial? "Sometimes when you look at something from the outside, you are able to s...