Houston developer wants to demolish Westshore office park to make way for apartments
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Feb 23, 2021

A Houston developer wants to demolish a one-story, 1970s-built office park near the Westshore waterfront to make way for 408 apartments and townhouses.

Dinerstein Cos. has filed a rezoning request with the city for the redevelopment of the 5.57-acre site at 200 S. Hoover Blvd., which is in Westshore's Beach Park neighborhood. The development would include 392 apartments and 16 townhouses as well as a seven-story parking structure and surface parking.

The redevelopment requires a public hearing before city council, though a hearing date has not yet been set.

Demand for apartments has remained strong throughout the novel coronavirus pandemic. Investment sales of apartment properties paused in 2020 but picked up toward the end of the year, and developers are once again proposing new projects throughout the city. In the Channel district, construction is underway on an $80 million, 19-story tower.

In 2016, Dinerstein had pitched a 12-story apartment tower on Bayshore Boulevard, on the vacant land next to 2Bayshore, but ultimately walked away from the deal.

The Hoover Boulevard site is half a mile from another proposed apartment project: Crescent Communities, based in Charlotte, North Carolina, is planning to build a 290-unit luxury project in Bay Center, an office park owned by Highwoods Investment Properties.