JMC Realty Takes Over Sales and Marketing At Towers of Channelside

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Prices for the one-, two- and three-bedroom condominiums have been reduced up to 45 percent, with a range of $160 to $395K. Penthouses start at $500K.

JMC Realty, Inc., a highly respected and experienced real estate sales firm headquartered in St. Petersburg, FL, was recently selected as the marketing and sales team for the Towers of Channelside, a mixed-use condominium development in downtown Tampa’s Channelside District. Prices for the one-, two-, and three-bedroom residential condos have been reduced up to 45 percent of the original asking prices.

The 28-story twin Towers are comprised of 257 luxury residential condominium homes, of which almost 50 percent have been sold. In addition, four of the five retail condominium units located on the ground level have been sold. The residences feature expansive balconies and panoramic views of the Hillsborough River, Tampa Bay, the Florida Aquarium, the St. Pete Times Forum and downtown Tampa.

The high-rise community features a resort-style amenities deck on the fifth floor with one of the largest swimming pools and entertainment areas in the region. The deck, which rests above the four-level parking garage (each home comes with two parking spaces), connects the two towers. The Towers of Channelside homes are within easy walking distance of an array of restaurants, numerous entertainment venues, and a variety of shops. Prices range from $160,000 for a one-bedroom, one-and-a-half bath design to $395,000 for a three-bedroom, three-bath home. Penthouses start at $500,000.

“We selected JMC based on the firm’s in-depth marketing and sales experience, especially with condominium projects, in the Tampa Bay area and its impeccable reputation,” commented Andrew Bolnick of Andrew Bolnick & Associates and Hillsborough County Circuit Court-appointed receiver for the Towers of Channelside project. “Our goal is to preserve, protect and maximize the value of this property at the lowest possible cost, while delivering the best possible value.”

The Towers of Channelside’s JMC Realty team, under the aegis of President Steve McAuliffe, includes Cheryl McCormick Brown, sales and marketing director, and Stacy Borsik, sales consultant.

For more information about Towers of Channelside, visit the web site at http://www.towerschannelside.com or call 813-574-7252.

About JMC Realty, Inc.
JMC Realty was incorporated in 1980 to provide resale and rental services to homeowners within JMC Communities, Inc. and throughout the Tampa Bay area. St. Petersburg-based JMC Communities is recognized as one of the top multi-family community developers in Florida. JMC is committed to providing unsurpassed value at a high level of quality in its sales, marketing, construction, and property management.

About Andrew Bolnick & Associates
Andrew Bolnick & Associates has nearly 30 years of experience in all aspects of receivership across the commercial real estate spectrum, including office buildings, retail complexes, hotels, marinas, golf courses and multi-family residential properties, and are often called upon for large, complex cases. Their services include property management; operation of homeowner associations; completion of construction; working with local, county and state governments and regulatory agencies, taxing districts and all interested parties; and developing and implementing effective marketing and sales programs. For more information, go to http://www.andrewbolnick.com.

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KATHRYN WHITEHEAD

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