The Related Group files plans for new luxury high-rise to replace aging Bay Oaks Apartments
TAMPA, Fla. – (Feb. 12, 2020) – Tampa’s iconic Bayshore Boulevard will soon be distinguished by a new vision of luxury living unprecedented in Tampa Bay. The Related Group filed plans with the City of Tampa to redevelop the almost 50-year-old Bay Oaks Apartments. In its place, Related is planning a collection of best-in-class condominiums in two towers to join its growing portfolio of exceptional properties.
As one of Florida’s most visionary developers, The Related Group is known for redefining cities and skylines with striking, world-class architecture, uncompromising design, stunning amenities and carefully curated, museum-quality art.
“Our vision is to create Tampa’s most premier lifestyle,” said Related’s Senior Vice President Mike Hammon. “The city is in the midst of a renaissance, attracting global talent like our internationally-renowned design firm Architectonica. This will be a landmark project that furthers Tampa’s emergence as a next-generation city.”
Residents will be greeted by an urban oasis thanks to the lushly landscaped, carefully manicured grounds. Residences will be meticulously designed with a sophisticated elegance for the most discerning tastes. Private elevator entries, open floor plans, well-appointed interiors and a host of elevated amenities will take luxury to unimaginable new heights for those who live here.
The Related Group appreciates the significance of Bayshore to the City’s identity and is known for enhancing and adding beauty and design to the communities it serves. Bayshore Tampa will be no exception as the crown jewel of Related’s growing Tampa portfolio.
Established in 1979, The Related Group is Florida’s leading developer of sophisticated metropolitan living and one of the country’s largest real estate conglomerates. Since its inception, the privately held company has built, rehabilitated and managed over 100,000 condominium, rental and commercial units. The firm is one of the largest Hispanic-owned businesses in the United States with a development portfolio in excess of $40 billion in 40 years.
The Related Group has earned international status for its visionary designs and development of luxury condominiums, market-rate rentals, mixed-use centers and affordable properties – often in emerging neighborhoods that impact the lives of all demographics. The Related Group has redefined real estate by diversifying both its products and buyers, expanding internationally while also sponsoring public art installations that enhance cities’ global culture and streetscapes.
TIME Magazine named Founder, Chairman and CEO of The Related Group, Jorge Pérez, one of top 25 most influential Hispanics in the United States. Currently, The Related Group has over 70 projects in varying phases of development.