Rendering of Water Street Tampa

Building Boom: Tampa Bay Developments

It’s almost impossible to keep up with all of the new Tampa Bay developments and construction going on. Below, Tomlin St Cyr has highlighted a few projects we are excited to see in the coming months and years as Tampa Bay continues its building boom.

Courtesy of WFTS

Tampa Riverwalk

In 2016, Tampa residents enjoyed the most recent expansion of the Riverwalk. It now connects the Straz Center for the Performing Arts to Waterworks Park in the Tampa Heights neighborhood. This extension brought the total length of the Riverwalk to 2.6 miles. According to Fodors.com, the Tampa Riverwalk ranks No. 7 among the Top 15 Riverwalks in the US. With its vibrant and inviting environment, we understand why! In 2022, the City of Tampa announced plans for an additional six miles on the west-side waterline. The four-year project will extend the Riverwalk from Platt Street near the Bayshore Publix in Hyde Park north to Rick’s on the River in West Tampa.

Courtesy of tampabay.com

Howard Frankland Bridge

Another of the Tampa Bay developments is the Howard Frankland Bridge, originally constructed in 1959. After a public outreach campaign, the Florida Department of Transportation began construction in 2020 on an expansion to the bridge to alleviate congestion and improve evacuation routes and emergency response. Also, the extension will allow for bicycle and pedestrian options along with the future potential addition of light rail or autonomous vehicles.

Courtesy of Strategic Property Partners

Water Street Tampa

Our skylines are changing for the better! In 2018, construction began on Water Street Tampa, near downtown Tampa, Harbour Island, and the Channel District. The first phase of the plan is on schedule for completion this year. It includes residential, office, retail, hotel, and plenty of space for the community to come out and enjoy the scenery. According to their website, this gem of Tampa has a “Vision for a more balanced Urban Experience.” Phase II is moving right along and developers plan for completion in 2027.

Courtesy of romeyard-tampa.com

Rome Yard

This project will transform the West Tampa area with a $500 million pedestrian-friendly, mixed-use development area. Rome Yard will consist of 900+ affordable apartments and approximately 50 townhomes. The development will also have a workforce training center, a cultural center, an art pavilion, and public transportation. Plus, the Tampa Riverwalk will eventually go through the property. Construction on the 18-acre site is slated to begin in June and take 5-7 years to complete. The property is west of the Hillsborough River, east of Rome Avenue, south of Columbus Drive, and north of Spruce Street.

Courtesy of phillipsdevelopment.com

Ybor City

Gas Worx is a 50-acre mixed-use development on the western edge of Ybor City. The walkable neighborhood will add 5,000 apartments and office/retail space to Tampa’s urban core in addition to green space. Construction will begin in the next few months and take more than 10 years to complete. The first phase is slated for completion in 2024. Additionally, there is flexibility at this site for a potential Tampa Bay Rays field should they move from Tropicana Field.

Courtesy of Weiss Manfredi

Downtown Tampa

The Tampa Museum of Art will begin construction this year on its more than $65 million expansion. A four-story amphitheater with glass walls will extend over the Tampa Riverwalk. The museum will see a size increase from 69,000 to 120,000 square feet. Also, it will triple its event space. Working with the New York-based Weiss Manfredi design firm, the museum will expand exhibition space for collections lasting at least one year.

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