First look: Renderings of downtown Tampa’s newest apartments

Downtown Tampa’s newest apartment complex is under way.

Richman Group, based in Connecticut, has started construction on the Aurora, a five-story 351-unit apartment project at 124 S. Morgan St., just north of the Lee Roy Selmon Expressway.

Richman closed on the site — an assemblage of roughly 4 acres bordered by South Morgan Street to the west, East Whiting Street to the north and South Jefferson Street to the east — in July, paying $11 million for the dirt. The construction costs have been estimated at $35 million.

A Richman spokeswoman said Wednesday that the Aurora should be complete in spring or summer 2016. She declined comment on rental projections.

The office market has traditionally been the anchor of downtown Tampa, though revitalization advocates — among them Mayor Bob Buckhorn — have turned their attention to bulking up the residential base in recent years. Densely populated urban cores have the potential to become the kind of live-work-play environment that creates a unique sense of place, drawing both visitors and a Millennial workforce.

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Story by: Ashley Gurbal Kritzer – Feb 12, 2015, 6:50am EST | Updated: Feb 12, 2015, 7:06am EST
Photo Courtesy: Richman Group & Ashley Gurbal Kritzer

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