Water Street Tampa catching a wave

Water Street Tampa, the $3 billion development that is poised to transform downtown Tampa over the next decade, is experiencing a flurry of activity in its planned hotel, office and retail space.

The 56-acre project, a joint venture between Tampa Bay Lightning owner Jeff Vinik and Bill Gates’ Cascade Investment LLC, also has seen movement recently in its property management and through a key hire at the company that is overseeing construction.