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Water Street Tampa
Quick answer

Water Street Tampa is a mixed-use waterfront district in downtown Tampa, developed by Strategic Property Partners on more than 50 acres between the Tampa Convention Center and the Channel District. Construction began in 2016 and added hotels, offices, Sparkman Wharf, the USF Health Morsani College of Medicine, and apartment towers. For-sale homes are few: The Residences at The Tampa EDITION are the only completed condominiums in the district.

Water Street is one of the neighborhoods in Tampa.

Water Street Tampa is a mixed-use waterfront district in downtown Tampa, Florida, developed by Strategic Property Partners on more than 50 acres between the Tampa Convention Center and the Channel District. Construction began in 2016, and the first phase added hotels, offices, Sparkman Wharf, the USF Health Morsani College of Medicine and Heart Institute, and apartment towers. The only completed for-sale homes are the 37 Residences at The Tampa EDITION. Shane Vanderson works with buyers and sellers of downtown Tampa condominiums from Engel & Völkers South Tampa.

Living at Water Street

Water Street runs from the Tampa Convention Center east to the Channel District, with the Tampa Riverwalk along the Garrison Channel on its south side. Strategic Property Partners began construction in 2016, and the ten buildings of the first phase opened between 2020 and 2022: the JW Marriott Tampa Water Street, The Tampa EDITION hotel, Sparkman Wharf, the USF Health Morsani College of Medicine and Heart Institute, office towers, and rental apartments. Benchmark International Arena, the Florida Aquarium, and the Tampa Bay History Center sit at the edges of the district. In 2019 Water Street became the first neighborhood in the world certified under the WELL Community Standard. The TECO Line streetcar connects it to downtown, the Channel District, and Ybor City, and Tampa International Airport is typically 15 to 20 minutes by car.

Buying at Water Street

Most homes in the district are rentals. Heron (420 apartments), 1011 East Cumberland (388), and 1050 Water Street (about 490) are apartment buildings, and the 33-story tower that Strategic Property Partners filed plans for in July 2026 at Water Street and Cumberland Avenue is planned as 452 apartments, with construction set to start in spring 2027. The for-sale market is The Residences at The Tampa EDITION: 37 hotel-branded condominiums at 1000 Water Street, completed in 2022. Because so few units exist, resales are infrequent and each one sets its own comparable; floor, view, and the hotel services set the spread. Just north of the district, ORA Private Residences at 1101 East Jackson Street plans 31 homes above a condo-hotel, with completion targeted for late 2029. Buyers who want this location with more choice compare towers in the Channel District, on Harbour Island, and along the downtown Riverwalk.

Boundaries

Water Street Tampa occupies the southeast part of downtown Tampa in ZIP 33602. The Tampa Convention Center and the downtown core are to the west, the Channel District is to the east, and the Garrison Channel and the Tampa Riverwalk form the south edge. Water Street and Cumberland Avenue are the main streets, and the next phase extends the district north along Water Street. It is a private development district inside downtown, not a separate city or neighborhood association.

Homes in Water Street

Mostly rental towers completed from 2020 to 2022: Heron at 815 Water Street (420 apartments), 1011 East Cumberland (388), and 1050 Water Street (about 490). For-sale homes are limited to The Residences at The Tampa EDITION, 37 hotel-branded condominiums on floors 10 to 27 of the EDITION tower at 1000 Water Street, completed in 2022. A 33-story, 452-apartment tower at Water Street and Cumberland Avenue is planned to start construction in spring 2027. ORA Private Residences, 31 condominiums planned above a condo-hotel at 1101 East Jackson Street just north of the district, targets completion in late 2029.

Nearby amenities

The Tampa Riverwalk; Sparkman Wharf; Benchmark International Arena; the Tampa Convention Center; The Florida Aquarium; the Tampa Bay History Center; the USF Health Morsani College of Medicine and Heart Institute; the JW Marriott Tampa Water Street and The Tampa EDITION hotels; the TECO Line streetcar to the Channel District and Ybor City; Curtis Hixon Waterfront Park and the Straz Center farther along the Riverwalk; the Selmon Expressway and I-275; Tampa International Airport, typically 15 to 20 minutes.

Frequently asked questions

Can you buy a condo at Water Street Tampa?

Yes, but the choice is small. The Residences at The Tampa EDITION, 37 hotel-branded condominiums at 1000 Water Street, are the only completed for-sale homes in the district. The other residential towers are rental apartments, and the tower planned at Water Street and Cumberland Avenue is also planned as apartments. ORA Private Residences, just north of the district, plans 31 condominiums with completion targeted for late 2029.

Who developed Water Street Tampa?

Strategic Property Partners (SPP), a Tampa developer owned by Cascade Investment, the investment firm of Bill Gates. SPP began construction in 2016, opened the first phase between 2020 and 2022, and in July 2026 filed plans for a second phase that extends the district north along Water Street.

Is Water Street part of the Channel District?

No. Water Street Tampa is its own development district on the west side of the Channel District, inside downtown Tampa, ZIP 33602. The two share the streetcar, Sparkman Wharf, and Benchmark International Arena, and the 2005 to 2007 condominium towers of the Channel District are the closest resale alternative to the EDITION.

Sources

  1. Stellar MLS
  2. Strategic Property Partners: Water Street Tampa phase one update, Nov. 9, 2020
  3. Business Observer: Water Street Tampa to get 33-story luxury tower, July 21, 2026
  4. Tampa Bay Business & Wealth: Water Street Tampa expands with 452-unit residential tower, July 21, 2026

Condominium buildings in Water Street

Selling in Water Street?

Get a valuation built from recent nearby sales, prepared by Shane.