Tampa Bay Business Journal | Go inside Nine15, downtown Tampa's new 23-story, $100 million apartment tower
Downtown Tampa's newest tower is open, and residents are beginning to move in. Nine15, the 23-story apartment tower at 915 N. Franklin St., had signed 24 leases as of Tuesday, said Heather Couturier, property manager. Two units — including a penthouse — are occupied, and 10 more move-ins are scheduled for this week.
Nine15 is one of the most significant residential developments in downtown Tampa to emerge in this real estate cycle. It's a high rise in the downtown core — a departure from the mid-rise projects built in the neighborhoods that ring the city center, like the Channel district and Tampa Heights. Two other projects built in the downtown core, Aurora and Novel Riverwalk (a project proposed as Crescent Riverwalk) are mid-rise, stick-frame buildings. A concrete high rise is much more expensive to build and demands higher rents to make the project profitable.
Monthly rents start at $1,700 for a 672-square-foot, one-bedroom unit. Couturier said the property isn't offering any incentives or discounts to entice renters.
The largest units in the building are 1,181 square feet and have two bedrooms.
Atlanta-based Carter proposed Nine15 in September 2014 and closed on the property a year later, paying $6.4 million to assemble the 1-acre site. A strip of derelict storefronts on the site were demolished in late 2015, and Carter celebrated the groundbreaking in February 2016.
By: Ashley Gurbal Kritzer
Senior Reporter - Tampa Bay Business Journal
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