Mercury Advisors saw opportunity in Tampa’s Channel District early

The then newly formed Mercury Advisors took a big gamble when it acquired property in Tampa’s Channel District some 15 years ago.

At the time, the area was a seedy collection of industrial buildings, tattoo parlors and low-rent bars.

But Mercury Advisors’ partners Ken Stoltenberg and Frank Bombeeck, who worked together for investment firm Euro American Advisors Inc. from 1999 to 2003, believed planned infrastructure would ultimately transform the district and become an extension of the city’s downtown.

In the years since, Stoltenberg and Bombeeck have been proven right, and redevelopment has replaced the district’s industrial patina with new residences, restaurants and other businesses. Read More >