$3 Billion Project Coming to Downtown Tampa

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$3 Billion Project Coming to Downtown Tampa

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Water Street Tampa, is a planned multi-billion dollar mixed use development in Tampa’s urban core. The development firm, Strategic Property Partners, is controlled by Jeff Vinik (Tampa Bay Lightning owner) and Bill Gates’ investment fund, Cascade Investment LLC. Water Street Tampa is surrounded by the Tampa Convention Center, Amalie Arena, Tampa Bay History Center, Florida Aquarium, and Tampa Riverwalk. Once complete, the project will include 9 million square feet of commercial space (up to 5,000 residential units, 2.6 million SF of office space, 500,000 SF of retail and up to 650 new hotel rooms). Water Street Tampa will alter Tampa’s skyline with the city’s first new office towers in nearly 25 years.

The University of South Florida recently announced that its new Morsani College of Medicine will be built within the Water Street Tampa development. The medical school should break ground this month, and will include an adjacent Heart Health Institute and medical office space.

Phase 1 will include a 500-room convention hotel, a full-service grocer, corporate office space, and a multi-family building. Ground breaking for this phase is slated for late 2017.

For more information on the Water Street Tampa development, see the following articles.

Water Street Tampa Details

Conceptual Designs Revealed

Phase 1 Details

New USF Medical School

 

 

Senior Partner Contact Info

Scott R. Tew, MAI
Office: (844) 822-7825 x707
scott.tew@cap-val.com

Ryan L. Zink, MAI
Cell: (321) 228-6488
ryan.zink@cap-val.com

James Toro II, MAI, SRA
Office: (844) 822-7825 x721
james.toro@cap-val.com