Change is coming: Development projects to watch in 2019

If you’re planning to be out of town in 2019 for more than a week, prepare for change when you return.

That’s how fast building projects are getting started, being topped off and finishing up in time for people to move in throughout the Tampa Bay Area.

The biggest and most anticipated may be Water Street Tampa, a $3-billion, 53-acre reconfiguration of downtown between the Tampa Convention Center and the Florida Aquarium. The development by Strategic Property Partners is a joint venture of Jeff Vinik, the owner of the Tampa Bay Lightning, and Cascade Investments, LLC.

“Within three years of announcing the vision for Water Street Tampa, SPP [Strategic Property Partners] has made significant progress towards the initial phase of the neighborhood,” says James Nozar, CEO of SPP, in a news release. “Since beginning vertical construction in April [2018], we’ve seen an unprecedented level of activity on-site. We look forward to what 2019 has in store, with groundbreakings planned on six additional buildings, celebrating the topping out of the Tampa JW Marriott hotel, and the continued renovation of Sparkman Wharf, ultimately bringing us closer to the comprehensive and forward-thinking urban neighborhood that we’re creating here.”

In addition, Water Street Tampa plans two new residential projects, 1010 Water Street, designed by Morris Adjmi Architects, and 1077 Water Street, designed by COOKFOX, with both project’s planned to break ground before year’s end in 2019……

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