Water Street Tampa might not look like much just yet. But if you look beyond the sand and construction, you’ll see a vibrant vision for the future of this $3 billion project.
Water Street Update
Strategic Property Partners, LLC released an updated rendering of the plans for Water Street Tampa that offers a glimpse of what’s to come for this new neighborhood in the heart of downtown Tampa.
There also is this video that shows the overall plan for the project.
Tampa Bay Lightning owner, Jeff Vinik is spearheading the Strategic Property Partners project using Bill Gates’ Cascade Investment fund.
Developers hope to unite some of the city’s existing community hubs like the Amalie Arena, Tampa Riverwalk, Florida Aquarium, Tampa Bay History Center and Tampa Convention Center.
Water Street Tampa will connect all these attractions with a multidimensional neighborhood that includes office space, homes for rent, homes for sale, medical centers, grocery stores and more.
Across the more than 50 acres of property in this project, there will be 1 million square feet of retail establishments, cultural spaces, education centers and entertainment offerings.
Water Street will also be home to 12.9 acres of new and enhanced public spaces and parks. And this project plans to be a model for wellness and sustainability in the community, including the first WELL-certified community in the world.
The latest renderings show beautiful buildings, waterfront views and a ton of exciting developments, including:
- A centralized plant for air conditioning that allows the area’s rooftops to offer amenities and landscaping
- Office towers and additional office space totaling 2 million square feet
- Hotel updates to the existing Marriott Waterside and 2 new hotels, one of which will be Tampa’s first five-star hotel
- Condos and residential twin towers with a grocery store at the base of the building
- The new, relocated USF Morsani College of Medicine and Health Heart Institute
- The new, relocated Museum of Science and Industry
Initial construction for this project has already begun and more details for the plans could be released as the development continues. Until then, the renderings offer a taste of what is to come on Water Street.