TAMPA, FL (WFLA) — Construction starts Monday on the final stretch of downtown Tampa’s Riverwalk. The City will begin demolishing the sidewalk along Doyle Carlton Dr. between Laurel Street and Water Works Park.
The sidewalk will be closed to all pedestrian traffic. This marks the next step in Riverwalk development.
Just recently, Feldman Equities and Tower Realty Partners bought the last piece of land on the Riverwalk, the site of the former-planned Trump Tower Tampa. The land is at the corner of South Ashley Drive, Borein Street and Whiting Street.
Larry Feldman, of Feldman Equities, plans for Riverwalk Tower to be the tallest building in Tampa and the tallest building on the West Coast of Florida.
“We really respect what the Mayor and the city have done with the Riverwalk but there’s a long way to go,” Feldman said. “But it’s a bit of a sterile environment. It’s a beautiful walkway but there’s not much action on the Riverwalk itself.”
The plan is for a 52-story office and luxury residential building. According to Feldman, the ground floor level will be two waterfront restaurants, a bar and café with waterfront seating facing the new Tampa Riverwalk. He also wants to put in a parking garage and rooftop garden. The building will also house a 203 unit luxury apartment tower with amazing water views.
“We want to get the next Apple or the next tech start-up in the office space,” Feldman said. “But the living space will not be for millennials. We’re looking at the people living in South Tampa or Davis Islands who have kids in college and don’t want to pay for someone to take care of the lawn anymore or keep up with a house. We picture a 55-year-old and up empty nester.”
Feldman’s vision includes residents waking up in the morning, grabbing coffee in the building, and hitting the Riverwalk trail without ever touching a city street. He loves the idea of “re-urbanization” similar to what happened in Manhattan, where people start moving back into the city.
“I don’t know if you’ve had this experience but people come into town and want to have a drink on the water but there just aren’t many options,” Feldman said. “We have a track record and we’re comfortable this project is going to happen.”
Feldman hopes crews break ground the second half of 2016 and finish work in 2018.