TAMPA, FL (WFLA) – Big, bold changes could be in store for Tampa’s Channel District. The Port Tampa Bay unveiled its vision for 45 acres of port-owned land that would transform the industrial waterfront into a “dynamic, community centerpiece where people will come to live, work and play.”
The land, between Channelside Drive and the Ybor Channel, north of the Florida Aquarium would be divided into four districts: the cruise district, the central waterfront, marina district and park district.
Our vision is to create a waterfront community that is the envy of other top cities around the country,” said Paul Anderson, president and CEO of Port Tampa Bay. “This is an unprecedented development that will revolutionize Tampa and benefit the entire region.”
The vision calls for more than 9 million square feet of mixed-use space and $1.5 billion in private investment over the next 10 to 15 years. Also included in the plan are two “landmark towers,” up to 75 stories that would be among the tallest on Florida’s west coast. This vision is very preliminary and requires some real estate deals and business agreements. It will be at least a year before any construction could begin, and the timeline is dependent on the real estate market and demand for downtown housing.
Mayor Bob Buckhorn says the plan will complement the mixed-use district planned by Tampa Bay Lightning owner Jeff Vinik for land between the Channel District and Tampa’s central business district.