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Article: Two partners flee Centro Ybor entertainment complex.
- Article from:
- The St. Petersburg Times (Russia)
- Article date:
- January 4, 2006
CopyrightCOPYRIGHT 2006 St. Petersburg Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mark Albright
Jan. 4--TAMPA -- The two development partners in the Centro Ybor entertainment complex have given up on the project after four profitless years, selling their interest for a minimal amount at a loss to their silent partner.
Local shopping center developer Sembler Co., which developed BayWalk in St. Petersburg, and Steiner + Associates, an Ohio firm credited as being one of the inventors of the so-called entertainment/lifestyle shopping center with CocoWalk in Miami, each sold their 25 percent interest in the Ybor City project to BVT, a German investment fund that owns many office and apartment buildings around the Southeast. BVT ...
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