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Unveiling the Future of Water Street Tampa: Phase Two

Unveiling the Future of Water Street Tampa: Phase Two

Water Street Tampa is poised for a transformative second phase, with Strategic Property Partners (SPP) leading the charge. This new phase marks a departure from the initial blueprint of residential and educational buildings, focusing on a dynamic mix of residential, commercial, and entertainment spaces.

A Vision of Growth and Innovation

At the heart of the upcoming development are three cornerstone projects: a high-rise condominium, a custom-built office space tailored for a major tenant, and a vibrant mixed-use entertainment hub. These projects are set to enhance the architectural and cultural fabric of Tampa, ushering in a new era of urban development.

The Pinnacle of Luxury Living

The new condo tower promises to redefine Tampa’s skyline as the tallest structure in Water Street, eclipsing the 26-story Heron and the Tampa Edition. While specific details like square footage and unit counts remain under wraps, the anticipation around this tower builds on the success of Water Street’s residential offerings.

A New Era for Business

In a significant shift from speculative construction, the office space in phase two will be built-to-suit, addressing the direct needs of prospective major tenants. This approach reflects a strategic pivot towards creating highly customized work environments that cater to the evolving demands of global businesses.

An Epicenter for Entertainment

The proposed entertainment venue, strategically located near Amalie Arena, aims to be a cornerstone for Tampa’s social and cultural scene. This mixed-use development will integrate a select-service hotel, ample parking, and a suite of entertainment-oriented venues, including a live performance space.

Strategic Collaborations and Design Excellence

SPP has enlisted top architectural firms to bring their vision to life. Kohn Pedersen Fox and Gensler, along with Nichols Architects, are behind the innovative designs that promise to make phase two of Water Street Tampa a benchmark for future developments.

Embracing Tampa’s Economic Potential

Josh Taube, CEO of SPP, emphasizes that the development is not just about constructing buildings but also about fostering a vibrant, energetic neighborhood that attracts top-tier companies and talent to Florida’s West Coast. With phase one complete, SPP is now perfectly positioned to showcase real success stories to potential commercial tenants.

A Look Ahead

Construction is set to begin in spring 2025, following substantial infrastructure improvements. This timeline gives future residents and businesses a clear vision of when they can expect to be part of this exciting new chapter in Tampa's history.

Water Street Tampa’s second phase is more than just a development; it's a future-forward commitment to urban excellence and a testament to Tampa’s thriving community and economic resilience. Whether you're considering a new home, a business relocation, or simply excited about the future of Tampa, Water Street promises to be at the center of it all.

For those interested in the luxurious and dynamic living options Tampa offers, particularly in areas like Water Street, SERHANT. remains a trusted partner, helping you navigate the complexities of real estate with ease and expertise. Join us as we explore these exciting new developments together.

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Robert is your go-to Real Estate Broker Associate at SERHANT., where we redefine Global Luxury. From expansive golf course estates to exclusive waterfront havens and everything in between, Robert merges cutting-edge marketing strategies with a classic, high-touch service approach, ensuring every transaction is handled with unparalleled discretion and integrity.

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