Westshore 54: a Once-in-a-Generation Opportunity to Shape Tampa’s Future

CBRE is acting as exclusive advisor to the owners of Westshore 54 (“the Property”), a rare, generational investment opportunity that stands to redefine Tampa’s living and entertainment experience. Spanning 53.3 acres at the crossroads of Kennedy Boulevard and Interstate 275 in Tampa’s dynamic Westshore district, this unparalleled site represents one of the last remaining large-scale redevelopment parcels in the city.

Currently home to Westshore Plaza, a 1,093,696 square foot mall with three existing parking structures comprising 2,815 spaces, the Property is primed for transformative development. With over 8.1 million square feet of entitlements meticulously secured by Washington Prime Group through years of strategic planning, Westshore 54 offers a clear, immediate path to vertical development – free from entitlement uncertainty and ready for visionary execution.

“Westshore 54 is not just a development site – it is a once-in-a-lifetime opportunity to shape the future of Tampa right at the moment when Tampa is emerging as one of the most dynamic MSAs in the US,” said Denny St. Romain, Vice Chairman at CBRE. “With its sheer scale, flexible entitlements, and unrivaled location, this property offers the rare chance to create an enduring, city-defining destination that will transform Tampa for generations to come.”

Strategically located in the heart of Tampa’s Westshore district, the Property sits at the nexus of over 37.6 million square feet of office space and 19.8 million square feet of retail within a five-mile radius. Westshore 54 benefits from more than $2 billion in planned infrastructure projects and offers immediate access to key employment hubs, entertainment destinations, and cultural landmarks – making it an ideal foundation for a world-class, mixed-use development that will serve as a new cornerstone of Tampa’s future.

With full site control, a flexible and expansive entitlement package, and an unmatched location in one of the Sunbelt’s fastest-growing cities, Westshore 54 presents an extraordinary opportunity to deliver a visionary project that will leave a lasting legacy.

For more information or to explore this historic investment opportunity, please contact Denny St. Romain or Jubeen Vaghefi at CBRE.