Advertisement
  1. Business

Water Street Tampa starts construction on Marriott Edition hotel and condos

Construction is underway on the Tampa Edition Hotel & Residences, a 27-story tower at Water Street Tampa and the third of three major Marriott projects planned for the $3 billion project. The tower is going up at the northwest corner of Channelside Drive and Water Street, across the street from Amalie Arena, and is scheduled to open in the spring of 2021 with 172 guest rooms topped by 37 cross-branded condominiums on floors 10 through 27. (Rendering via Strategic Property Partners)
Published Aug. 14

TAMPA — Construction is underway on the Tampa Edition Hotel & Residences, a 27-story tower at Water Street Tampa and the third of three major Marriott projects planned for the $3 billion project, developers said Wednesday.

The tower, which is going up at the northwest corner of Channelside Drive and Water Street, across the street from Amalie Arena, will include a rooftop pool with an adjacent indoor-outdoor bar and restaurant, large spa and fitness center, a second more intimate restaurant next to the hotel lobby and retail spaces designed to draw visitors and create activity on the street.

The Edition is scheduled to open in the spring of 2021 with 172 guest rooms topped by 37 cross-branded condominiums on floors 10 through 27. The project is a partnership between Marriott International and hotelier Ian Schrager, known for his extravagant, edgy and bohemian transformation of the Gramercy Park Hotel in New York City. At the Tampa Edition, Schrager's design will include the lobby bar, lounge, market and an entertainment venue. The project has a $120 million value, according to city records.

SOMETHING NEW FOR THE MARKET: Marriott Edition to bring five-star hotel ambitions to Water Street Tampa

"A significant cultural and hospitality destination," said James Nozar, chief executive officer of Strategic Property Partners, the Water Street Tampa development company created by Tampa Bay Lightning owner Jeff Vinik and Cascade Investment, the private wealth fund of Microsoft co-founder Bill Gates.

"Offering an experience unlike any other hotel in Tampa Bay, The Tampa Edition will reflect our city's lifestyle through its timeless design, impeccable service and engaging amenity spaces that will connect guests to the neighborhood in a unique way," Nozar said in an announcement of the project.

Developers say The Residences at The Tampa Edition be the first hotel-branded condominiums in Tampa and the third such property within the United States to offer Edition-branded residences. The others are in Miami and West Hollywood in Los Angeles, and other Edition hotels can be found in London, New York, Barcelona, Abu Dhabi, Bodrum, Turkey, and Shanghai and Sanya in China.

The condominiums, which will have large private balconies, are currently the only for-sale residences at Water Street Tampa. Smith & Associates Real Estate of Tampa will handle sales, with a formal launch later this year.

In addition to the Edition, Strategic is building a new 26-story JW Marriott hotel, which is expected to open in 2020, and has nearly completed $50 million in renovations to the existing Marriott Water Street, which until recently was known as the Tampa Marriott Waterside Hotel & Marina.

MARRIOTT CEO: Our three-hotel bet at Water Street Tampa reflects how Tampa is evolving

MORE: Go here for more business news

Contact Richard Danielson at rdanielson@tampabay.com or (813) 226-3403. Follow @Danielson_Times

ALSO IN THIS SECTION

  1. Casey Cane has resigned as chair of Pinellas County’s Housing Finance Authority in the wake of a Tampa Bay Times story about his failure to disclose an arrest for a financial felony when he was 19. He also serves as a Palm Harbor fire commissioner. Casey Cane
    Casey Cane failed to disclose his arrest for a financial felony in 2006. He said he didn’t think he had to reveal that information.
  2. Tampa Mayor Jane Castor speaks to about 75 people Tuesday at a city conference on innovation and collaboration. (City of Tampa photo by Janelle McGregor) Janelle McGregor
    City Hall brought together startups and the nonprofits that nurture them for a discussion of possible ideas to improve city operations and service.
  3. Tampa Bay Lightning owner and financier Jeff Vinik told investors in a letter Tuesday that he is closing Vinik Asset Management, the hedge fund he relaunched earlier this year. (Times files)
    The Tampa Bay Lightning owner and longtime financier announced the decision to close Vinik Asset Management in a letter to investors on Wednesday.
  4. Pat and Harvey Partridge visit Waiheke Island in New Zealand in April. Courtesy of David Partridge
    The husband-and-wife team that founded St. Petersburg’s Partridge Animal Hospital were known for their compassion and kindness to all creatures great and small.
  5. The lobby bar at the Current Hotel on Rocky Point in Tampa serves eclectic cocktails and locally brewed coffee. SARA DINATALE  |  Tampa Bay Times
    Take a look inside Tampa Bay’s newest boutique hotel.
  6. The Florida Supreme Court building in Tallahassee. SCOTT KEELER  |  Times
    The Tampa Bay Partnership, Greater Tampa Chamber of Commerce and Tampa-Hillsborough Economic Development Corp. filed a brief in the Florida Supreme Court.
  7. Tech Data's headquarters in Largo. TD AGENCY  |  Courtesy of Tech Data
    Largo’s Tech Data would be the fourth in as many years, though the potential sale seems far from a done deal.
  8. Former WTSP-Ch. 10 news anchor Reginald Roundtree, shown here with his wife Tree, filed a lawsuit Friday against his former employer alleging he was fired because of age discrimination and retaliation. [Times file] WTSP  |  FACEBOOK
    The suit comes after a federal agency took no action on age discrimination complaints he had filed.
  9. Guests of the Flying Bridge at the Tradewinds Resort, which is now under new ownership. [DOUGLAS R. CLIFFORD  |  Times]
    The new owner says he plans to keep its management and 1,100 employees.
  10. The University of South Florida has earned national accolades for its push to raise graduation rates. Student loan debt in Florida is so crushing that it makes it hard to afford a house.
    Staggering debt loads make it hard to buy a home.
Advertisement
Advertisement
Advertisement