Jade at North Hyde Park Begins Pre-leasing 192 Luxury Apartments in Tampa, Announces Retail Lease with Popular Local Restauranteur
Wingspan Development Group, a multi-state development firm active in multifamily and mixed-use properties, and ABC Capital Corp. today announced that pre-leasing is underway for Jade at North Hyde Park, a new $46 million, mixed-use project offering 192 luxury apartments and resort-style amenities at 608 N. Willow Ave. in Tampa’s burgeoning North Hyde Park neighborhood. Jade at North Hyde Park is scheduled to deliver its first units in early second quarter 2022. Virtual and in-person tours are underway.
In addition, Wingspan and ABC also announced they have a signed lease with a well-known Tampa restauranteur for two different concepts to occupy the building’s 3,200 square feet of ground-floor retail space. One space will mark the fifth location for one of Tampa’s hottest ramen shops, while the second space will feature a high-energy coffee house. The ramen shop will take the majority of the space, about 2,700 square feet, and also provide ample covered outdoor dining space that will activate the corner of North Willow Avenue and Cass Street. Both retail spaces are scheduled to open this fall.
“Pre-pandemic, we always knew Jade’s location in Tampa would be a draw for renters, but now the demand to live in North Hyde Park has become almost insatiable – we’re fielding dozens of prospect requests a day,” said Jason Macklin, director of development for Wingspan. “The building boom in this area has led to a real vibrancy with a surge of new restaurants and retailers – all of which benefit Jade’s future residents.
“Like our sister property NICHE, located nearby, Jade at North Hyde Park is in the heart of it all and will be a welcome option in Tampa’s red-hot rental market,” Macklin added. “And the fact that a popular restauranteur has chosen Jade as the spot to reveal two exciting new concepts just further proves this is Tampa’s next hot neighborhood.”
Located near the intersection of West Cass Street and North Willow Avenue, Jade at North Hyde Park is one-half mile from downtown Tampa and just a few blocks from the University of Tampa, Armature Works and other popular Tampa destinations.
The building will offer a mix of studio, one-, two-, three- and four-bedroom apartments ranging from 463 to 1,421 square feet, with rents starting around $1,000. Units feature stylish interiors, including quartz countertops, tile backsplashes, undermount sinks, energy-efficient stainless steel appliances, wood-style plank flooring, in-unit washer/dryers and programmable thermostats. Select units also include built-in wine storage, dual-sink vanities in the primary bathroom and/or covered balconies.
Residents will have a full range of luxe amenities for work or play, such as a large courtyard pool with yoga lawn, poolside club and outdoor kitchens, pet spa, cyber café, gathering lounge, bike storage and repair, coworking spaces and conference rooms, a package concierge system, smart phone building access, online residential portal app and 24-hour emergency maintenance.
“With year-round great weather and a burgeoning economy, Tampa was second in the nation for rent growth last year, according to Realtor.com, and rents are still rising due to demand,” said Macklin. “As the city booms and more and more people want to live here, Jade at North Hyde Park is offering them the opportunity to get in early and lock in rents now. We had a 100-person waiting list just for tours of Jade, so we feel confident the building will lease up relatively quickly. And while Jade’s residents won’t have to walk far to enjoy all the neighborhood offers, by this fall they’ll be only an elevator ride away from one of the city’s newest dining hot spots.”