Port of Tampa set to buy Channelside retail complex for $5.75 million
TAMPA — The Tampa Port Authority finally found the buyer of its dreams to purchase Channelside Bay Plaza: the Tampa Port Authority.
The port’s governing board on Tuesday voted unanimously to buy the downtrodden downtown retail center for $5.75 million from the Irish Bank Resolution Corp. and settle its lawsuit with the Irish bank.
If the deal is approved by judges in the next three to eight weeks, port officials said, then the Tampa Port Authority will own Channelside free and clear.