Westshore apartment boom continues with $56M new development
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Jul 21, 2015

Westshore's next apartment community has broken ground on the former Without Walls International Church property.

Richman Group of Florida Inc. said Tuesday it is under construction on Grady Square, a $56 million development that will bring 300 new apartments to the heart of a dense commercial area, at North Grady Avenue and West Columbus Drive.

The four-story development will be a mix of studio, one-, two- and three-bedroom apartments ranging from 574 to 1,628 square feet. It will include a pool, a two-level clubhouse, fitness center and yoga/spin studio, among other amenities.

"Our vision for Grady Square is a true live/work/play environment which goes hand in hand with our central Westshore location and abundance of restaurants, shops, entertainment, recreation and employment,” Todd Fabbri, Richman executive vice president, said in a statement.

Richman paid $14.3 million for the 13-acre site last fall. It is under contract to sell about 5 acres on the southern portion of the site to Icon Residential, which has proposed a townhouse development on that land.

Richman is also under construction on the Aurora, a five-story, 351-unit apartment development in downtown Tampa.