### Former Westshore Plaza Set for Redevelopment
CBRE is guiding the redevelopment of Westshore 54, a 53.3-acre site located at the intersection of Kennedy Boulevard and Interstate 275 in Tampa’s Westshore district.
Currently home to Westshore Plaza, the 1,093,696-square-foot mall is being offered for sale and is slated for redevelopment. Washington Prime Group (WPG) has secured entitlements for over 8.1 million square feet, enabling vertical development. The proposed redevelopment will include office space, a medical center, retail, dining, a hotel, and residential units.
In early 2024, the Tampa City Council granted final approval for the project. WPG also acquired the real estate of Macy’s Inc.’s department store in October 2024. Subsequently, Macy’s announced the closure of its Tampa location, along with several others nationwide, in early January. Additionally, Dick’s Sporting Goods vacated its anchor space at the mall in October 2024, relocating to a new concept store at International Plaza.
For further details, contact Denny St. Romain or Jubeen Vaghefi at CBRE.
About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax (www.griffintax.com) and REVVED Up Accounting (www.revvedupaccounting.com). In addition, Steve founded Madison Avenue Technology (www.madisonave.tech). With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.