Mixed-use parking garage unveiled in Water Street Tampa
- Jake Nicholas
- Jul 23
- 1 min read
Strategic Property Partners, the developer behind the $3 billion Water Street Tampa district, has officially filed plans for a new 124-foot-tall building. The mixed-use project, slated for completion by late 2027, will include 38,000 square feet of ground-floor retail, 675 parking spaces, and a signature rooftop area, all designed by renowned architecture firm Gensler.
Located at the northwest corner of Water Street and East Cumberland Avenue, SPP cited an immediate need for structured parking and activated retail, while keeping future office development on the table.
The building is part of a broader expansion effort announced last year that includes new residential, office, and entertainment components as Water Street enters its next phase. A one-acre public park is also in the works nearby, with plans for open-air markets, live music, and community events, reinforcing the district’s lifestyle-focused vision.
“We are seeing immense national and local retail demand,” said SPP CEO Josh Taube, “and look forward to adding shopping along with new restaurant options.” The move underscores SPP’s commitment to strategic, thoughtful growth as the 56-acre neighborhood continues to evolve into a dynamic urban destination.
