Welcome, Water Street
“To bring Water Street Tampa to fruition, some of the best minds in architecture, placemaking, and design have come together to create an eclectic mixed-use waterfront district that builds upon Tampa’s existing charm, breathing fresh energy into Florida’s working city.” - SPP
Last month Tampa made another exciting hurdle into the smart city race thanks to SPP’s (Strategic Property Planners) announcement of the name of their new redevelopment project for downtown, as well as the touch-down for the first phase of physical construction beginning this fall, en route to completion by 2020. The name of the developmental project is called Water Street. The project is massive, and totals over $3 billion in investment. This humongous development includes immense coverage of commercial, residential, hospitality, and cultural retail space all spanning over a decade of expansion. With the first phase planned to be totally wrapped up by Super Bowl LV in 2021, here’s some new developments to expect that should be making way to downtown Tampa:
- By 2019, expect to be seeing USF’s Morsani College of Medicine breaking ground. An expansion of USF’s college of medicine, which will include a new heart health institute.
- A Five-star, boutique hotel with 30 condominium units alongside. Located along Channelside. (Still unnamed)
- A Four-star hotel with convention & meeting space. (Still unnamed)
- Free WIFI throughout public areas of Water Street along with other Smart city adaptations including Smart parking garages, Centralized control of Building Management systems, and more to come.
- WELL standard community monitoring in Water Street. Measuring air, light, water, and residential comfort based on the WELL institutes benchmark for healthy communities.
(learn more about WELL certification and standards here: https://www.wellcertified.com/en/start-a-project)
- 3,500 rentals and for sale residencies over the course of the projects development, nearly doubling the housing in downtown Tampa.
For visual illustrations and more info, look at the projects official page here: