Tampa is on the rise. Just named the top city in Florida, the Big Guava continues to grow its cool factor – and this includes transformational commercial developments for work and play. From restaurants and retail to waterfront leisure space and groundbreaking research institutes to elevated apartments and hotels, Tampa is booming.
Water Street Tampa
The 56-acre neighborhood is the largest ongoing downtown real estate development underway in the US at over $3 billion. Water Street is the first in the world to achieve the WELL Design & Operations designation by promoting health and well-being across all aspects of community life. The joint venture between Cascade Investment and Tampa Bay Lightning owner Jeff Vinik, the district boats 9 million square feet of new development. This includes two hotels, 3,500 residential units, 1 million square feet of cultural and retail space, 2.6 million square feet of office space, and 13 acres of public space.
With 1.8 million square feet, the $500 million Midtown Tampa project developed by The Bromley Cos. connects the Westshore and Downtown districts along I-275 with a centralized neighborhood. Included in this development is Whole Foods, REI Co-op, New York Shake Shack, Ben & Jerry’s, Sephora, Joffrey’s Coffee & Tea Company, William Dean Chocolates, and popular chef Chris Ponte’s new flagship restaurant. Midtown Tampa will also house a 150,000 square foot office high rise and a 390-unit luxury apartment complex.
Uptown Innovation District
This project includes 25,000 acres across North Tampa and Temple Terrace bounded by USF, the VA Hospital, University Mall, MOSI, and Busch Gardens. The Uptown Innovation District will be one of the largest, mixed-use innovation communities in the state with capacity for over 7 million square feet of development. Rithm at Uptown will become a multi-story, urban neighborhood development showcasing life sciences and technology research institutes, retail, entertainment, corporate offices and co-working spaces, residential space, and more.
Westshore Marina District
The Westshore Marina District is a 52-acre, $600 million master-planned project developed by BTI Partners at the southwest corner of Westshore and Gandy boulevards near the bridge. With plans for 1,750 luxury residential units spread across three high rise towers, the leisure-driven development will feature a waterfront apartment complex, shops, offices, restaurants, nearly two miles of waterfront parks and walking trails, and will boast access to 150 deep-water boat slips. Cru Cellars, Duckweed Urban Grocery, and Sand Surf Co. are already open.