Historic Ybor City Box Factory Now Residential Lofts

March 29th, 2007 categories: Hillsborough Property Tax, New Projects (Condos), Tampa Condos, Tampa Real Estate

Box Factory Lofts, originally scheduled for a 12/2005 completion, are now completed and home to new residents. Closings began in early January of this year.

The project is situated in an old cigar box factory dating back to 1905. Considering it’s age, Box Factory Lofts will most likely qualify for Historic Preservation Tax Incentives which could substantially lower the unit owners’ property taxes for the first 10 years. An application is pending approval.

Located at 21st Street and Adamo Drive in Ybor City, Box Factory lofts is just down and across the street from where IKEA, the Swedish home furnishing retailer, will be opening a new store in 2009.

The developer has very few remaining units available along with a few resales.

This project turned out really nice and features true loft style living in Ybor City, Tampa’s National Historic Landmark District. The exterior walls and ceilings remain intact from the old building. Box Factory has lofts ranging from 950 to 1700 sqft. with high ceilings, stained concrete floors, concrete walls, and exposed ducts, beams and conduits. All the features you’d expect in a loft.

The exterior units feature tall, arch topped windows that provide for a very bright setting with lots of natural light. The interior units face an open courtyard that features a pool and common area. Fees aren’t too bad either. Expect about $210 for 1000 sqft unit initially. (See: “What Do Condo Fees Cover?”)

Why is this a cool place to live:

• Close to Ybor
• Close to Channelside
• Close to Downtown
• Close to Brandon
• Close to The Leroy

Stationed at MacDill? Just hop on the Leroy Selmon Expressway for about a 10-15 minute drive. Want to see a Lightning game? Take the trolley to the Forum. Heading to the Gulf beaches? Expect about a 30 minute drive.

All in all, Box Factory Lofts is a good option for someone looking for low $200k price point loft style living in an urban setting close to it all.

See what’s for sale at Box Factory Lofts

Images courtesy of BoxFactoryLofts.com

Update:The Historic Renovation Tax Exemption was approved!

This entry was posted on Thursday, March 29th, 2007 at 10:21 am and is filed under Hillsborough Property Tax, New Projects (Condos), Tampa Condos, Tampa Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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