New mixed-use building coming to Water Street Tampa development

The developer behind the $6 billion development plans for a 124-foot building with retail and nearly 700 parking spaces.


  • By Louis Llovio
  • | 4:35 p.m. July 21, 2025
  • | 0 Free Articles Remaining!
Strategic Property Partners' new mixed-used property in Water Street Tampa should be complete by late 2027.
Strategic Property Partners' new mixed-used property in Water Street Tampa should be complete by late 2027.
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  • Tampa Bay-Lakeland
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The developers behind Water Street Tampa have taken the first official step toward putting up a new building in the neighborhood just outside the city’s downtown.

Strategic Property Partners filed plans for the building with the city Friday that calls for 38,000 square feet of retail space, 675 parking spaces and a signature rooftop area. The building will be 124 feet, which unofficially translates to about 10 or 11 stories.

It will be built at the northwest corner of Water Street and East Cumberland Avenue and expected to be completed by late 2027.

 

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