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Converted Tampa Mall Adding 1.1M SF Healthcare Project
RD Management is converting property in the old University Mall into healthcare uses along with a number of science and tech users. Commercial Edge reports RD, owner and developer of a 100-acre mixed-use site in Tampa’s Uptown District, has chosen JLL’s Central Florida Healthcare Practice Group to lease the health-care, life science and office components of the project known as RITHM.
Once complete, RITHM—which stands for Research, Innovation, Technology, Humanity & Medicine and is derived from the word ‘algorithm’—could encompass more than 7 million square feet of development, including several thousand residential units. Completed developments at RITHM include a mix of multifamily, student housing and Sprouts Farmers Market, a 23,000-square-foot natural food grocery store that opened in August 2023.
An extended-stay Marriott hotel is scheduled to break ground early this year along the newly constructed University Square Drive extension that connects RITHM to the USF campus.
- ◦Development
