Strategic Property Partners CEO James Nozar going full speed ahead

Strategic Property Partners (SPP) CEO James Nozar got to enjoy a little R&R around the holidays, which was good: With the year he has ahead, he’s going to need it.

Nozar is quarterbacking not only the largest new commercial development along the Gulf Coast with Water Street Tampa, but the $3 billion project — encompassing more than 50 acres in downtown Tampa — is one of the largest seamless redevelopments being undertaken anywhere in the U.S.

When completed later this decade, the joint venture between Tampa Bay Lightning owner and hedge fund magnate Jeff Vinik and Microsoft Corp. Co-Founder Bill Gates’ Cascade Investment LLC is expected to add 9.5 million square feet of new commercial space and 3,500 residences, along with urban amenities and added open space, to the city’s core.