New luxury tower proposed for Water Street Tampa

By The BriefBrief

SPP seeks approval for a 400-foot, 452-home luxury tower at Water St. and Cumberland Ave; construction eyed for 2027.

WHO: Strategic Property Partners (SPP); SPP CEO Josh Taube; City of Tampa

WHAT: Plans submitted for a 400-foot luxury residential tower with 452 homes, ground-floor retail, and resort-style amenities as part of Water Street Tampa expansion

WHEN: Jul 21, 2026 at 9:21 AM ET

WHERE: Intersection of Water Street and Cumberland Avenue, Water Street Tampa, Tampa, FL

WHY: SPP submitted updated plans as the next phase of Water Street Tampa expansion to extend the neighborhood north and add major investment and retail/dining space

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