HSN has listed its 65-acre property in north St. Pete
/The home shopping network (HSN) has listed the St. pete HQ as it winds down local operations amid a new restructuring plan | hsn
Spanning nearly 65 acres in north St. Pete and surrounded by some of the region’s largest employers, the long-time campus of the Home Shopping Network (HSN) is now officially on the market.
Commercial real estate firm CBRE is marketing the property at 2501 118th Avenue North for an undisclosed price. Zoned for commercial use, the site includes over 487,000 square feet of office and industrial space across nine buildings, developed between 1984 and 1994.
The listing follows a major announcement from HSN’s parent company, Qurate Retail Group, which is consolidating HSN and QVC operations into its Studio Park headquarters in West Chester, Pennsylvania.
An aerial of the nine-building industrial and office campus in the Gateway area | CBRE
As part of the move, Qurate will shutter the 369,000-square-foot St. Pete campus—its home for the past 47 years—and eliminate 730 local jobs beginning in late May.
Situated in the Gateway Business District, the property presents a major redevelopment opportunity. It's surrounded by major corporate players such as Raymond James Financial, Jabil, and Franklin Templeton, and sits directly across from the Carillon Business Park, home to TopGolf, the rising Echelon City Center mixed-use development, and the future global headquarters of Foot Locker.
The HSN campus is directly across from the carillon area and major employers | cbre
“The property's extensive size will attract large tenants looking for build-to-suit opportunities,” reads the listing from CBRE, which also notes the potential for multifamily development.
With limited new industrial and multifamily projects in the pipeline and excellent access to Tampa Bay’s transportation infrastructure, the site is considered a prime candidate for redevelopment.
According to CBRE, it is well-suited for industrial use under existing zoning (EC-1) or residential development via the Live Local Act.
View the full listing here.