Up to one month free on select residences. Each tower will have outdoor pools, fitness centers, bar lounges, and club rooms for residents on the rooftop. 1011 E. Cumberland Avenue We think theres more demand for some of the thing were doing, Vinik said, and we can continue to hopefully create a great place for all of Tampa Bay to enjoy.. Nine years later, the footprint for the development encompasses . The joint venture between Cascade Investment and Tampa Bay Lightning owner Jeff Vinik, the district boats 9 million square feet of new development. Our retail is almost completely committed at this point, Schaffler said. From fast casual to fine dining, find your next culinary experience in the neighborhood. Only a few big pieces of what developers consider to be Water Streets first phase have yet to open, and those are nearing completion. ROOST Apartment Hotel at Asher is now open. Nine years later, the footprint for the development encompasses more than 70 acres, with some 9 million square feet of space under development at a cost of $3.5 billion. A new home dcor and furniture pop-up showroom is now open on Water Street. One, he said, is a shop in the lobby of Asher that will be something really unique, something that just doesnt exist in a large scale in this market. Another is a national retailer that will occupy the Asher space soon to host a temporary felt art exhibition by British artist Lucy Sparrow. https://www . As this phase is completed in 2022, were hard at work on the next phase of the development. Were actively planning and working on it as we speak, Schaffler said. Enjoy the comforts of home, away. This field is for validation purposes and should be left unchanged. Heres what Phase 2 holds, by Daniel McCarthy This week, Arlo Hotels officially opened the doors on its newest Miami property, Arlo Wynwood, welcoming guests to the first hotel built in one of the citys most colorful neighborhoods. Were still in Phase 1, but we wont be for much longer. You are completely immersed, no skyline holes whatsoever. We think its important to have in our second phase.. The 380,000-square-foot tower marks the first new, dedicated office building in downtown Tampa in nearly three decades. Certainly, the . Read about Water Street Tampa in the news, Buzz: Tampa firm Weatherford Capital relocates to Water Street Tampas Thousand & One tower, Five-star luxury hits Tampa as Edition hotel makes splashy debut, Water Street Tampa announces European-style street market, Wild boutique plant shop opening in Water Street Tampa, Exclusive: First look at The Tampa Editions bar and restaurant offerings, Investment firm Northern Trust moving Tampa office to Water Street tower. Some of those homes will be in the other big building on the way: Edition, a Marriott-partnered upscale hotel from hospitality veteran Ian Schrager that will open around March or April. 1000 WATER STREET #2402, Tampa, FL 33602 is a Condo, Townhouse, Residential property listed for $1,950,000 The property is 1824 sq. Whats there now represents only about half of what Strategic Property Partners hopes to develop into Water Street Tampa by 2027. The total area for the area is 50 acres (0.20 km 2 ). But, they aren't finished just yet. Why is it harder to get a restaurant reservation in Tampa Bay right now? The 490-unit apartment complex at 1050 Water Street will begin pre-leasing in January, with move-ins planned for March. Asher, too, will have a mix of apartments and hotel rooms, with Roost Tampa, a boutique, 97-room extended-stay hotel on site. Were not solely a destination retail center where its like youre driving there because you need to buy a sweater, he said. Among the many proposed updates to the waterside area are the following: You need permits, you need certain things to happen. SPP is also renovating the 727-room . New high-rise buildings are clustered at Water Street Tampa on Nov. 30,. 09.22.2022. Zestimate Home Value: $3,900,000. We are master planning and going through the merchandising mix and how we want to design it, and what the use types are. I dont want to speculate on a date where we could make some grand announcement. Along with its 172 rooms, Edition will have 37 luxury residences starting at $2 million apiece. Were still in Phase 1, but we wont be for much longer. And wonderful. Schaffler said Strategic Property Partners is in advanced discussions, some of them are signed leases, with other retailers and restaurants, most of which have not yet been announced. Five years ago, Strategic Property Partners projected Water Street would be fully built out by 2027. Strategic Property Partners is building the future of southern downtown Tampa at Water Street: a connected, urban, multi-use project on the waterfront. By: Oscar Nunez 7:30 am on April 21, 2021. Theres a bit of a gap in construction between the two, but not too long.. Letsgetstarted. Join . As we construct Water Street Tampas largest towers and perfect its smallest details, our vision for creating a more balanced urban community is coming to life before our eyes. Tampa is also home to Embarc Collective, billed as the state's "fastest-growing startup hub.". A Strategic Property Partners Project Copyright 2022, About Water Street Tampa Getting Here Legal Privacy Statement Careers. Phase 1 construction on Water Street is scheduled to be completed by 4 pm on Friday, August 13, 2021, weather permitting. Right outside of Tampa's downtown business district, Strategic Property Partners is developing Water Street Tampa, a $3-billion, mixed-use district that will span 50 acres once complete. Along with its 172 rooms, Edition will have 37 luxury residences starting at $2 million apiece. In addition, the Tampa Bay Tech organization was organized more than 21 years ago to connect the technology community in Tampa. Meet Method Co. With restaurants, homes and hotels opening soon, developers will start expanding Water Streets footprint in 2022. It was designed by Nichols Architects from Coral Gables. Some of those homes will be in the other big building on the way: Edition, a Marriott-partnered upscale hotel from hospitality veteran Ian Schrager that will open around March or April. By the end of summer, Tampa cybersecurity company ReliaQuest will relocate its global headquarters from Harbour Island to Thousand & Ones top seven floors, putting its name and logo on the top of the tower. I cant tell you how thrilling it is to have all the buildings opening now after almost 10 years of planning, Vinik said. The street is expected to open to pedestrian, bike and car traffic later this month. This will be the first step in the phased development project that intends to create an urban, mixed-use waterfront district spanning over 50 acres consisting of office, residential, hotel, educational, entertainment, cultural and retail uses, totaling over $2 billion of investment. Read on >>>> Source: Tampa Bay Times Water Street Tampas Phase 1 is almost done. In most mega developments, fine hotel space is typically a key ingredient in providing accommodations for visitors wanting to explore what the city's neighborhoods have to . Boutique Hospitality Has A New Luxury Player Everyone Should Know. Water Street unveiled a handful of major components since late 2020, including two new residential towers, an office tower, a new Publix GreenWise Market and a JW Marriot hotel. Pilates studio Bodyrok and wellness spa and treatment center the Covery are also coming to Sparkman Wharf this year. The plant sat on about 3 acres worth of parcels off S Nebraska Avenue for which Strategic Property Partners paid $13.4 million in 2018, and was considered a key block for Water Streets northward expansion. Company lowers stock price, Hillsborough OKs end to Bearss Groves zoning dispute, Tampas Masonite to acquire North Carolina door parts maker for $375M, 13-story boutique hotel proposed for St. Peterburgs Edge District, Are NFTs the future of real estate? The Water Street neighborhood is located in-between the Channel District to the north-east and Downtown Tampa, Florida to the west. Please use a modern and up-to-date browser version for the best experience. Water Street is a $3 billion, 50-acre mixed-use waterfront district covering 16 city blocks on Hillsborough Bay. This field is for validation purposes and should be left unchanged. By spring, technology training school Future Tech Career Institute should move into Sparkman Wharf and real estate investment firm Sila Realty Trust will move into Thousand & One. This rendering shows the exterior of the forthcoming Edition hotel in Tampas Water Street district. Phase one of Downtown Tampa's Water Street is nearing its closing period - with a soft opening of The Tampa EDITION coming next week. The street is expected to open to pedestrian, bike and car traffic later this month. The first is Asher, Water Streets third and largest residential tower. Its just totally out of our control.. Sparkman Wharf was looking at a few late 2021 and early 2022 restaurant openings, including BurgerFi, Shortwave Coffee and Noble Rice. Well break down the latest business and consumer news and insights you need to know every Wednesday. A mini digital art exhibition by Bianca Burrows, Chad Mize, Conrad Garner and Pep Rally. Letsgetstarted. A group of Tampa investors that includes Liberty Group CEO. But by April, with residents in all three towers, guests in three hotels and at least some office workers, the district and Phase 1 will feel essentially complete. One area of focus for Phase 2 will be the old Ardent Mills flour plant, which in 2022 will move into a new facility at Port Tampa Bay. With restaurants, homes and hotels opening soon, developers will start expanding Water Street's footprint in 2022. Along with those apartments and condos will likely come businesses meant to bolster Water Streets city within a city experience stores tailored to people who live within a 15-minute walk or bike ride, Schaffler said. We are very close to opening day here.. For the people that visit, I think were starting to see it already, which is exciting, to prove that this really will be a vibrant urban experience that hasnt really been seen before in Tampa.. Were actively planning and working on it as we speak, Schaffler said. Whereas Phase 1 delivered a number of buildings within a two-year span, future phases will feature fewer buildings at a time, Schaffler said. Phase one of Jeff Vinik's vision of Water Street Tampa is coming to it's completion point. Designed by COOKFOX Architects, 1001 Water Street will deliver in the summer of 2021. One element thats all but certain is more residences. We are very much in our spring training, said Lee Schaffler, chief portfolio officer with lead Water Street developers Strategic Property Partners, a partnership between Vinik and Bill Gates Cascade Investment. The 17-foot model is located in the marketing center of Strategic Property Partners in downtown Tampa and is used to present a multi-billion dollar real-estate development called Tampa Water Street. I cant tell you how thrilling it is to have all the buildings opening now after almost 10 years of planning, Vinik said. The Heron, located at 815 Water Street, will bring energy to an already vibrant neighborhood. This site no longer supports your current browser. The pandemic and other factors delayed several of Water Streets phased openings. Youll be able to get a really good sense of what that feels like.. Investment firm Northern Trust moving Tampa office to Water Street tower. Following a major expansion of its main terminal and the addition of a new rental-car facility, award-winning Tampa International Airport continues its multi-billion dollar renovations. The end of the first phase of development represents a culmination of the master plans that have been laid before the city and public thus far. The announcements about Water Street Tampa's developments continue to excite Tampa residents and visitors. The two towers will rise to 26 and 21 stories respectively, with 420 residences offering a view of the Tampa skyline. Whats there now represents only about half of what Strategic Property Partners hopes to develop into Water Street Tampa by 2027. For more information, contact Mike Cliggitt today. Want more of our free, weekly newslettersinyourinbox? We are doing our part, he said. Boutique Hospitality Has A New Luxury Player Everyone Should Know. Along with those apartments and condos will likely come businesses meant to bolster Water Streets city within a city experience stores tailored to people who live within a 15-minute walk or bike ride, Schaffler said. ft; Price Per Sq . Strategic Property Partners is wrapping work on the developments main thoroughfare, Water Street, and its adjacent 45-foot sidewalk dubbed the Verge, a walkway lined by trees, gardens, retail and public art. Planning work for this section has already begun, with developers preparing road network proposals for the city. ft with 2 bedrooms and 3 bathrooms . Water Street Tampa is also home to multiple permanent public art installations that are on display year-round, including works by Jim Campbell, Jason Bruges Studio, Leon Keer, Tavares Strachan and more. One, he said, is a shop in the lobby of Asher that will be something really unique, something that just doesnt exist in a large scale in this market. Another is a national retailer that will occupy the Asher space soon to host a temporary felt art exhibition by British artist Lucy Sparrow. Elsewhere, Naked Farmer will open in Water Streets office tower, Thousand & One, and an Orangetheory Fitness studio will open on the ground level of a nearby parking garage. Experience a new holiday tradition at Water Street Tampa. Phase 1 of the Water Street Tampa district is nearing completion. City of Tampa 22.3K subscribers Tampa Downtown Partnership, SPP, and Kimmins welcome the future of downtown connectively with a ceremony to kick-off the demolition of the former Ardent Mills. This post highlights the development that has taken over Downtown Tampa. Designed by Morris Adjmi, AoR is Nichols Brosch Wurst Wolfe & Associates (NBWW). The Water Street Tampa initiative is revitalizing an underutilized tract of land to create an urban mixed-use waterfront district encompassing about 9 million square feet zoned for multiple uses . We are master planning and going through the merchandising mix and how we want to design it, and what the use types are. "The scale of the project is unparalleled," Schaffler says. New high-rise buildings are clustered at Water. This is life at its most effortlessly elevated, at home in a modern icon. In all, 34,700 square feet has been leased. With restaurants, homes and hotels opening soon, developers will start expanding Water Streets footprint in 2022. Heres whats next for Water Street Tampa. We are very much in our spring training, said Lee Schaffler, chief portfolio officer with lead Water Street developers Strategic Property Partners, a partnership between Vinik and Bill Gates Cascade Investment. Some of those homes will be in the other big building on the way: Edition, a Marriott-partnered upscale hotel from hospitality veteran Ian Schrager that will open around March or April. Tampa's next chapter 4 th highest job and population growth in the nation US Census Bureau, 2017 city for first time "Every new retailer that has signed a lease at Water Street Tampa has helped us to create a more well rounded neighborhood that we know residents, office workers . Nine years later, the footprint for the development encompasses more than 70 acres, with some 9 million square feet of space under development at a cost of $3.5 billion. Wild boutique plant shop opening in Water Street Tampa. Heron will have 3 Corners and the Pearl, and Asher will have Wagamama, all sometime this year. Sep 2, 2021 A historic office building near Water Street Tampa's next phase has sold for more than double its 2015 price. Well break down the latest business and consumer news and insights you need to know every Wednesday. Were bullish on residential demand and people living downtown. The project is among the first of many revitalization projects for the Channelside District. This site no longer supports your current browser. But by April, with residents in all three towers, guests in three hotels and at least some office workers, the district and Phase 1 will feel essentially complete. With the completion of several phase one projects, the area will add 519 hotel rooms and four new. Photo Illustration by Erin O'Flynn/The Daily Beast/GettyA new subvariant of the novel-coronavirus called XBB dramatically announced itself earlier this week, in Singapore. Water Street Tampa Phase 0 For the Sparkman Wharf Project, Pep Rally Inc had the exciting opportunity to collaborate with Strategic Property Partners beginning at phase 0 to create a unique space along Tampa's Garrison Channel waterfront. In the residential towers, Wine on Water, Small Giant Bar & Restaurant and Chill Bros. Scoop Shop have been announced for the first half of the year at Cora. Sila becomes the third tenant announced in the 1001 Water St. tower, along with accounting firm RSM US and Suffolk Construction. As this phase is completed in 2022, were hard at work on the next phase of the development. Youll be able to get a really good sense of what that feels like.. Water Street Tampa Master Plan Phase 1 Full Build-out Office Residential Hotel Retail / Entertainment Office Residential Hotel Retail / Entertainment 519,656 SF 1,356 Units 1,418 Rooms 328,000 SF 2.0 Million SF 3,500 Units 1,593 Rooms 1.0 Million SF Phase 1* Future Phases O R P H E I G Office Residential Parking Hotel Full of wonder. The largest residential building in the district has been announced for a March 2022 opening. Space at Sparkman Wharf and Thousand & One is almost fully committed, Schaffler said, with at least five companies already working out of those buildings. There are a few more public spaces and art projects left to add and touch up, Cooke said. Want more of our free, weekly newslettersinyourinbox? Meet Method Co. A blow dry bar is the latest addition to Water Street Tampa, Once Known as the Land of Hooters and Magic Mike, Tampa Has Discovered Its Cool Factor. At least 30 are expected to arrive this year, but few firm dates have been nailed down. Whereas Phase 1 delivered a number of buildings within a two-year span, future phases will feature fewer buildings at a time, Schaffler said. Theres a bit of a gap in construction between the two, but not too long.. Then there are Water Streets office tenants. The Arlo Wynwood, designed by Nichols Architects and Wynwoods first hotel, opens in Miami Weve got the latest project photos, captured by Mike Butler. Almost like a mini Austin, it's growing crazy whyll no one notices 1 level 1 Brikandbones [ Strategic Property Partners ]. The first phase includes 10 buildings, which are expected to be completed by early 2022. But its not the total vision. As recently as August, Strategic Property Partners said Phase 1 would wrap later this year. But before it can be considered complete, at least two projects have to open. Construction on Water Street Tampa, a new downtown neighborhood, started in 2016 and project leaders say the first phase is almost finished. 8:00 am on August 26, 2021 By Oscar Nunez. Lots of shops and restaurants new to Tampa Bay, Dessert shop, 'oyster room' among restaurants set for Water Street Tampa, Coming to Water Street Tampa: A free art installation featuring a grocery store made of felt, Theres a cat food shortage, and Tampa Bay felines are not happy about it. Construction for the $3.5 billion eat-work-play-stay development that's reshaping downtown Tampa started in 2018. With those buildings and streets complete, Water Street Phase 1 will be done, said Brad Cooke, a Strategic Property Partners vice president. Experience vibrant and diverse art that celebrates our city. But its not the total vision. The boutique hotel offers 217-rooms, a new restaurant called MaryGolds, which will open later in November, a cocktail lounge called Higher Ground, and a rooftop pool deck that offers 360-degree views of Miami. Water Street Tampa is the place to be! But the area still wont be totally full or open for business. You need permits, you need certain things to happen. Five years ago, Strategic Property Partners projected Water Street would be fully built out by 2027. Company lowers stock price, Hillsborough OKs end to Bearss Groves zoning dispute, Tampas Masonite to acquire North Carolina door parts maker for $375M, 13-story boutique hotel proposed for St. Peterburgs Edge District, Are NFTs the future of real estate? The first is Asher, Water Streets third and largest residential tower. Phase one of the multibillion-dollar Water Street Tampa development concluded in 2021 with the opening of the JW Marriott JW Marriott Tampa Water Street RELAX BOLDLY With over 2,500 rooms added in the last year and thousands more on the horizon, the Tampa Bay hotel market is experiencing an incredible boom. Developers have offered few details on whats coming after Phase 1. March 4, 2019. Lunch Lady, a sandwich shop by Chef Alvarez, coming to Sparkman Wharf, Private equity firm Weatherford Capital signs lease at Water Street Tampa, From whimsical Plant City HQ, Wish Farms toasts 100 years of strawberries, Publix profit falls 54% even with higher sales. Sparkman Wharf was looking at a few late 2021 and early 2022 restaurant openings, including BurgerFi, Shortwave Coffee and Noble Rice. Then there are Water Streets office tenants. Heron will have 3 Corners and the Pearl, and Asher will have Wagamama, all sometime this year. Both are expected in the first half of the year. The end of the first phase of development represents a culmination of the master plans that have been laid before the city and public thus far. 08.30.2022. In the residential towers, Wine on Water, Small Giant Bar & Restaurant and Chill Bros. Scoop Shop have been announced for the first half of the year at Cora. Water Street Tampa's developer reveals details about this project's public spaces . Rendering by/courtesy of Strategic Property Partners Only a few big pieces of what developers consider to be Water Streets first phase have yet to open, and those are nearing completion. Other highlights include co-working spaces, party rooms, a fitness center and 32,000 square feet of ground-floor retail. Back in 2013, Jeff Vinik said his Water Street Tampa project would develop in phases. We are very much in our spring training, said Lee Schaffler, chief portfolio officer with lead Water Street developers Strategic Property Partners, a partnership between Vinik and Bill Gates Cascade Investment. Back in 2013, Jeff Vinik said his Water Street Tampa project would develop in phases. "Transformative" seems too mild an adjective for Water Street Tampa, a $3.5-billion revitalization program currently underway along the city's waterfront. Strategic Property Partners Tampa's waterfront is about to be transformed, with an ambitious $3. Strategic Property Partners is wrapping work on the developments main thoroughfare, Water Street, and its adjacent 45-foot sidewalk dubbed the Verge, a walkway lined by trees, gardens, retail and public art. At least 30 are expected to arrive this year, but few firm dates have been nailed down. With those buildings and streets complete, Water Street Phase 1 will be done, said Brad Cooke, a Strategic Property Partners vice president. Meet Method Co. 08.15.2022. 1000 Water St #1102, Tampa, FL is a condo home that contains 3,014 sq ft and was built in 2022. It was about 20 acres downtown at the time; the next year, it was up to 40 and a cost of more than $1 billion. On display at Chill Bros. Scoop Shop from October 22-23. Read about Water Street Tampa in the news, Buzz: Tampa firm Weatherford Capital relocates to Water Street Tampas Thousand & One tower, Five-star luxury hits Tampa as Edition hotel makes splashy debut, Water Street Tampa announces European-style street market, Wild boutique plant shop opening in Water Street Tampa, Exclusive: First look at The Tampa Editions bar and restaurant offerings, Investment firm Northern Trust moving Tampa office to Water Street tower. Water Street unveiled a handful of major components since late 2020, including two new residential towers, an office tower, a new Publix GreenWise Market and a JW Marriot hotel. Those deals that have been done, and the ones that are in the process of doing right now, theyll all open over the course of various timeframes over the course of the next year.. From the unprecedented walkability to the wealth of green spaces, bike paths, and ways to enjoy the waterfront, a pure sense of wellbeing permeates. We are doing our part, he said. We are grateful to be part of Method Co. and thrilled to partner with Strategic Property Partners to open ROOST Tampa, coming very soon to Water Street! Boutique Hospitality Has A New Luxury Player Everyone Should Know. Water Street is connected to the downtown financial district and Channel District via the TECO Line Streetcar and the Tampa Riverwalk . Once all phases of the development are completed, there will be up to 9,000,000 square feet of new commercial, residential, educational, entertainment . www.tampabay.com SSP has taken out $330 million worth of loans in the last five months ($150 against Heron in March and $130 against the JW in July). Water Street Tampas Phase 1 is almost done. The $3B Water Street project will become downtown Tampa's envisioned future, to be completed in three phases: Phase 1 by 2020, Phase 2 by 2023, and Phase 3 by 2027. But a lot of that is out of our hands. The initial phase of vertical development, which encompasses 3.5 million sf across 11 individual projects, commenced with the April groundbreaking for a 519-key JW Marriott hotel that is scheduled to open in 2020. It was about 20 acres downtown at the time; the next year, it was up to 40 and a cost of more than $1 billion. Nine years later, the footprint for the development encompasses more than 70 acres, with some 9 million square feet of space under development at a cost of $3.5 billion. We have residents who live here 24 hours a day, 365 days a year.. Its expected to open in spring 2022. With restaurants, homes and hotels opening soon, developers will start expanding Water Street's footprint in 2022.
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