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MetLife ready to redevelop Tampa site
Tampa Bay Business Journal - 1:43 PM EDT Thursday, June 14, 2007

MetLife Inc. estimates it will invest $200 million to transform its 32-acre Tampa campus in the Westshore business district into a new complex with offices, apartments, restaurants and retailers.

The financial services giant is set to go before the Tampa City Council Thursday night for rezoning of its property across from International Plaza that it has occupied since the early 1970s.

Plans are to replace the site's current vacant green and white buildings with 700,000 square feet of Class A office space, 80,000 square feet of retail and 260 rental apartments. The 11-story One MetroCenter office building will remain on the site.

MetLife (NYSE: MET) disclosed plans in January to redevelop its former regional administrative and operations center, which moved two years ago to the Highwoods Preserve office complex, along Interstate 75 north of Tampa.

http://tampabay.bizjournals.com/tampabay/stories/2007/06/11/daily48.html?jst=b_ln_hl
 

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Yeah I remember Saul-Sena saying we needed to save more of the trees that were planted just a few years ago or something... I just don't get the whole tree issue. Cut a tree down, plant a new one and I'm fine with that. (Unless you are talking about a fully mature 200 year old tree or something.)
 

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LEt me just say, I have lived in this town a long time and I don't remember any trees there when I was a kid. Bulldoze it and build a whole ITalian village - it would fit in the site.
 

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http://tampabay.bizjournals.com/tampabay/stories/2007/06/25/story4.html?b=1182744000^1480324

Eateries, shopping to add depth to Westshore office destination
Tampa Bay Business Journal - June 22, 2007
by Carl Cronan, Real estate editor

TAMPA -- The $200 million transformation of the MetLife Inc. administrative center site in Westshore will happen in phases, with office and retail space being completed before the multifamily segment starts.

MetLife (NYSE: MET), which has enjoyed a highly visible presence near Tampa International Airport over the last three decades, intends to open the first of three 250,000-square-foot Class A office buildings by mid-2009, along with approximately 74,000 square feet of restaurant and retail shops in a pedestrian-friendly village environment.

Other plans for the 32-acre site at Boy Scout Boulevard and Lois Avenue include a 270-room business-class hotel with spa, conference and catering facilities, plus a 254-unit rental apartment complex.

"There really seems to be a need for some first-class hotel rooms in that area," said Bill Miller, director with MetLife Real Estate Investments in Tampa. Miller said the company would rather build the hotel, office and retail components simultaneously then wait to build the apartments as the local housing market improves.

Tying up zoning issues
An extensive amount of planning has gone into redeveloping MetLife's site, which dates back to the early 1970s as a regional administration and operations center for the New York-based financial services giant.

The company is scheduled to go before the Tampa City Council on July 19 to settle remaining rezoning matters, followed by a permitting process for demolition of the current 185,000-square-foot facility and infrastructure improvements.

MetLife is consulting with the Tampa-based Plasencia Group to seek the best upscale brand for the hotel, which will be situated between the existing One MetroCenter and the first new 10-story office building.

All three office buildings will seek certification under the U.S. Green Building Council's Leadership in Energy and Environmental Design program. Thompson Ventulett Stainback & Associates, based in Atlanta, will be the architect.

The project has been named MetWest International -- a composite of its Westshore location, its proximity to TIA and International Plaza mall, and the continued presence of the One MetroCenter building.

[email protected] | 813.342.2468
 

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HEy, that'll ad to a the pedestrian environment - like even on the nicest day someone might attempt to traverse the 15 retention ponds between this development and Intl Plaza.
 

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You may be correct, Jasonhouse, but the Westshore Alliance still claims the coveted top spot on their website - http://www.choosewestshore.com/page/quick_facts.php.

"Westshore is the largest commercial market in the Tampa Bay region."

"It's Florida's largest office community, also containing first class hotels, meeting space, shopping, entertainment, and nearby residential areas. "
 

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I wonder what the total office space will be in the entire west shore area when these projects are completed.
Well, it is reported as having 11.2mil sqft of office space now... And there is roughly 800k of space u/c right now... Then there is a lot more space approved and proposed. At least 2.8mil sqft that I can think of right off the top of my head... If all of that was built, which it won't be, it would bring Westshore up to 14.8mil sqft, and would add 14 office towers of 8 floors or more to the 'skyline'...
 
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