CBRE is serving as the exclusive advisor to the owners of Westshore 54, a prime investment opportunity poised to transform Tampa’s living and entertainment landscape. Situated on 53.3 acres at the intersection of Kennedy Boulevard and Interstate 275 in the Westshore district, this property stands as one of the last large-scale redevelopment sites in the city.
Westshore 54 is home to Westshore Plaza—a 1.1 million-square-foot mall with three parking structures offering 2,815 spaces. However, the property is primed for a significant redevelopment. Washington Prime Group has already secured over 8.1 million square feet of entitlements through several years of planning, paving the way for immediate vertical development.
ADVERTISEMENT
Shaping Tampa’s future with a big redevelopment project
“Westshore 54 is not just a development site—it’s a once-in-a-lifetime chance to shape Tampa’s future at a time when the city is rapidly emerging as one of the most dynamic metropolitan areas in the country,” said Denny St. Romain, Vice Chairman at CBRE. “With its scale, flexible entitlements, and unmatched location, this property offers an unparalleled opportunity to create a destination that will define Tampa for generations.”
The property’s location in the heart of Tampa’s Westshore district is key. Within a five-mile radius, it’s surrounded by over 37.6 million square feet of office space and 19.8 million square feet of retail space. Additionally, more than $2 billion in infrastructure projects are planned for the area, ensuring continued growth. Westshore 54 offers easy access to major employment centers, entertainment venues, and cultural landmarks—ideal for a world-class, mixed-use development that will become central to Tampa’s future.
With full site control, an expansive entitlement package, and a location in one of the fastest-growing cities in the Sunbelt, Westshore 54 represents a unique opportunity to deliver a visionary project that will leave a lasting legacy.
ADVERTISEMENT
