Commercial Real Estate, Capital, Insurance, Leasing & Management

Austin Center to be transformed into Westshore City Center

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Franklin Street has revealed a renovation plan for former Austin Center in Tampa's Westshore district.

Excerpted from Tampa Bay Business Journal story.

The owner of Westshore’s original office park has revealed a renovation plan that will transform the property into a cool, walkable campus.

Ally Capital Group — the private equity group controlled by Franklin Street founder and CEO Andrew Wright — will spend more than $10 million modernizing the Austin Center’s office space, facades and common areas. The renovation will add a sidewalk that connects all five buildings in the park and improve the traffic flow and arrival experience. A large mural from Tampa artists Illsol will be painted on the side of one of the buildings.

It will be rebranded Westshore City Center. Two new restaurant spaces will be added to the property, in the annex buildings on the southern end of the park. Those buildings could be torn down to make way for new ones, Wright said, or renovated for restaurants, depending on the city’s approval process.

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