Two Roads joins Feldman Equities’ Tampa tower project as co-owner and resi partner

The announcement comes amid an ongoing lawsuit with the company who claims it was supposed to handle the resi part of the project

Miami /
Mar.March 25, 2018 10:41 AM

From left: Two Roads Managing Partner Taylor Collins, Chairman and Senior Partner James Harpel, Managing Partner Reid Boren. (Credit from back: Two Roads Development, Riverwalk Place)

Feldman Equities’s 50-plus story tower in Tampa, Riverwalk Place, is a step closer to becoming a reality.

Two Roads Development is joining the project as a partner and co-owner, and will be in charge of handling the mixed-used tower’s residential condos, which make up about 35 stories of the building, according to the Tampa Bay Times. Two Roads will be handling design of the more than 200 units, as well as marketing and sales.

The announcement comes amid Feldman’s ongoing lawsuit with the company that claims it was supposed to be managing the development and sales of the residential portion of the project. The company behind the suit, Riverwalk Tower Investment–Intown LLC, says it was pushed off the project after making the suggestion to downsize the office portion of the project, currently slated to take up about 10 stories, which is being handled by Feldman.

“I can’t emphasize enough that this (suit) is a minor issue, it really does not have any effect ton the project,” CEO and president Larry Feldman told the Times. He also denied that Intown had any ownership stake in the project.

The plans for the tower, which sits on the Trump Organization’s original site for its failed Trump Tower Tampa, are being designed by Gensler and are supposedly nearly complete. The tower, when completed, will be the tallest tower on the Gulf Coast of Florida. [Tampa Bay Times]Erin Hudson


Related Articles

arrow_forward_ios
Dan Deitchman and Koby Assaraf with a rendering of Industry | Oakland Park
Oakland Park developer partners with former Link Real Estate exec on new firm
Oakland Park developer partners with former Link Real Estate exec on new firm
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Renderings of the project (Group P6)
Group P6 lands $69M construction loan for Boca Raton project
Group P6 lands $69M construction loan for Boca Raton project
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Alex Sapir and Bella Sapir (Credit: Mark Von Holden/WireImage via Getty Images, and ADRIEL REBOH/Patrick McMullan via Getty Images)
Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside
Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside
Renderings of the project and Gil Dezer (Getty; Renderings via  Zyscovich Architects)
Dezer’s 30-acre megaproject in North Miami Beach gets first approval
Dezer’s 30-acre megaproject in North Miami Beach gets first approval
Jeff Burns, Nick Rojo, The Bohemian Lake Worth
Affiliated Development’s Lake Worth Beach apartment project approved
Affiliated Development’s Lake Worth Beach apartment project approved
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...