Watershed for Water Street

After years of planning, assembling and designing, the company behind the $3 billion Water Street Tampa development is preparing to spark a critical mass of construction that will transform the city’s downtown with new office space, restaurants, residences, hotel rooms, landscaping and roadways. 

By early next year, Strategic Property Partners (SPP), the joint venture between Tampa Bay Lightning owner Jeff Vinik and Bill Gates’ Cascade Investment LLC, is expected to be underway on more than a half dozen new buildings or multimillion dollar renovation projects.