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Downtown Tampa land sold to companies with ties to baseball
By Times Staff
St. Petersburg Times
Published: Jun 4, 2011

TAMPA - Land once targeted by an advocate of a downtown baseball stadium has been bought by two companies connected to a Colorado businessman with significant pro sports stadium experience.

In December and January, the 7 acres north of the St. Pete Times Forum sold for a total of $9.2 million, property records show.

The buyers were 514 Channelside Properties, which paid $2.4 million for a triangle of land where Newk's Cafe once sat, and Pinnacle Channelside Properties, which paid $6.8 million for the site of the once-proposed Pinnacle high-rise condominiums.

Both companies share an address with the real estate firm Gold Crown Management in the Denver suburb of Greenwood Village. Gold Crown partner Raymond Baker has served as chairman of Denver's Metropolitan Major League Baseball District and Metropolitan Football Stadium District, which helped arrange financing and construction for the city's pro football and pro baseball stadiums.

The assembled properties in Tampa's Channel District are bounded by Channelside Drive on the south, E Finley Street on the north, S Nebraska Avenue on the west and S Caesar Street on the east.

That assemblage was part of the proposed downtown baseball stadium site floated by Tampa real estate broker Claire Clements. Options for the land encompassed by that vision expired more than a year ago, and that site included additional property to the east.

The land recently purchased is too narrow for a typical baseball stadium. For example, a St. Petersburg waterfront stadium proposed by the Tampa Bay Rays would have occupied a site nearly twice the size, and would have been a tight fit at that.

But the new owners may not be thinking baseball at all.

The Tampa Tribune reported Thursday that Raymond Baker's son, Michael Baker, said the land would be used initially for parking and maybe later for multifamily housing. The buyers didn't acquire the Channel District land with a stadium in mind, Michael Baker told the Tribune, and he said no one had contacted the Rays.

Neither the Bakers nor the owners of the parking company Michael Baker said they've hired to operate lots on the site returned telephone calls or e-mails from the Times.

Tampa economic development administrator Mark Huey and Bob McDonaugh, the city's redevelopment manager for the Channel District and downtown, said the new owners have not contacted them about development plans for the property.



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