This project has marked several big milestones so far this year:
The groundbreaking of its first phase: This happened towards the end of April with the construction of a 26-story JW Marriott hotel - developer Strategic Property Partners’ first vertical construction within Water Street.
A major land acquisition: In October, Water Street acquired some crucial acreage. Strategic Property Partners purchased 3 acres from the Ardent Mills flour mill, which will move out of downtown Tampa. This will connect the Channel district to the central business district. The developer also struck a deal to purchase several parcels along the reconfigured Brorein Street from the Tampa-Hillsborough County Expressway Authority.
The long-awaited transformation of Channelside Bay Plaza: Sparkman Wharf, the redeveloped Channelside Bay Plaza, will include 180,000 square feet of loft-style office space. There will also be 65,000 square feet of retail space overlooking the lawn. Sparkman Wharf is set to officially open on November 30.
Some other developments you can expect
The second building to break ground will be 815 Water Street, a retail-and-residential building with a ground-floor grocery store at Channelside Drive and Water Street.
Another critical component of the Water Street development is office space. Plans for a headquarters within Water Street, with new office buildings and new corporate tenants have been public since 2014. In the second quarter of 2019, the developer will break ground on a speculative, 20-story tower at 1001 Water Street, which will be built at the northeast intersection of Channelside Drive and Water Street.
These are just a few of the exciting things happening in Water Street - WATCH THIS SPACE!
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