Channelside Condos Foreclosure-New BANK pricing released-Tampa, Florida

Many of you have been patiently waiting for the new pricing and release of condos in The Towers of Channelside. Now that the bank has taken over, your opportunity to buy at amazingly low pricing is here. Here is what is available for sale
FOR A LIMITED TIME ONLY:
Bank Released New Pricing
Financing now available with 25% [...]

VENTANA CONDO AUCTION-CHANNELSIDE DISTRICT-TAMPA, FLORIDA

CHANNELSIDE CONDO AUCTION! VENTANA-TAMPA, FL  
33 Luxury Channelside Condos For Sale• Minimum bids from $145K
 
 Pricing Example:
A 1 bedroom 2 bath condo, 1,143 square-foot condo at Ventana has a minimum bid of $145,000.
It’s last asking price: $473,100.
Total units in building 84. There are only 33 remaining.    Maintenance fees are calculated at .33 per sq ft.
 Includes: [...]

Towers of Channelside Bankruptcy update-Tampa, Fl

The Towers of Channelside has been in receivership for the past couple months.  Receivership is a form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee.
During that time they have taken most of the condos off the market in order to re-structure pricing.  They are negotiating [...]

Towers of Channelside Bankruptcy Update-Tampa, Fl

TAMPA — Nearly half of the 257 condos at the Towers of Channelside have sold, including one in February to Tampa Bay Rays third baseman Evan Longoria, but those sales still aren’t enough.  The developer of the twin 29-story towers has notified its lender it’s giving up on the project 15 months after it sought [...]

The Place at Channelside Auction Winner Announced-Tampa, Florida

The new ownership of The Place at Channelside Development has been disclosed.  After reading the article the only disagreement I have is that they said there is no market for condos right now.  When I posted the last article about the Place going to Auction we received an overwhelming response from people who were wanting [...]

The Place at Channelside Auction sells for 21.9M

Tampa Bay Business Journal  by Michael Hinman Staff writer
Breaking News on the outcome of the Auction at the Place in Channelside-Tampa, Fl

The identity of the group in line to buy The Place at Channelside has yet to be revealed, but the purchase price is now public.
 
The 243-unit complex on Channelside Drive sold for $21.9 million [...]

Towers of Channelside “DEVELOPER EMERGES FROM CHAPTER 11 ON OCT 1st”

Towers of Channelside announced in the Tampa MLS condo listings that “DEVELOPER EMERGES FROM CHAPTER 11 ON OCTOBER 1. CHECK OUT LATEST DISCOUNTED PRICES.”

I emailed my friend Michael at the Tampa Bay Business Journal to see if he had heard of anything regarding the bankruptcy. He says “It’s on the front page of our website [...]

The Place at Channelside in Tampa goes to auction

When we first posted this story the auction had not taken place. Click link below for updated sales price for The Place at Channelside
The Place at Channelside Auction sells for 21.9M
August 20, 2008

Bargain basement: 171 Tampa Channelside condos face bankruptcy auction

A bankruptcy judge has ordered the auction of the remaining vacant condos in The Place At [...]

Channel District Condo Developer To Turn Units Over To Bank

It’s been a long road for those who have purchased condos in Channelside. Since we have been posting articles relating to downtown Tampa; I thought everyone would want to hear what’s happening in the Channelside District. The first development to file for Chapter 11 bankruptcy protection was the Towers of Channelside. They are still selling [...]

Towers of Channelside files for bankruptcy-Tampa, Fl

Back in February of 2008 when the Towers of Channelside filed for bankruptcy, who would have guessed that in October 2008, The Towers would now be out of bankruptcy?  It is hard to believe, but many condo owners, and people who are looking to purchase can breathe a sigh of relief.
read the latest news story [...]