The property — 7. SPP has already been in discussions about the redevelopment with existing tenants, Nozar said, and helping each business make arrangements — whether for a future location in the district or moving out of the property altogether.
The redevelopment will be done in four phases, Nozar said. By being in control of the retail space, by being able to dictate how the venue operates, what type of establishments are lured to the plaza, etc.
He would also be able to market it directly to fans who flock to Times Palace.. With few businesses in the plaza catering to the local residents needs and with these businesses missing in general from downtown , it was no wonder that a recent Tampa Bay Times article cited a grocery store and other "mom and pop" businesses as a bigger need for the facility than anything else.
Vinik's group is just one of three publicly known suitors trying to obtain control of the facility. Which owns Centro Ybor are two of the rumored three other bidders. All three known-groups have their strengths. Petersburg Forum. Further discussion of Channelside Bay Plaza on that forum can be found here. The , square feet of office space will activate the property during the day.
A dining garden, biergarten and recreational lawn overlooking the waterfront should attract downtown visitors and residents on evenings and weekends, driving demand for the tenants that will fill the 65, square feet of retail space. Concerts featuring local artists are a key part of the plans; Sparkman Wharf has partnered with Gasparilla Music Festival. The dining garden, featuring 10 new concepts from Tampa chefs housed in repurposed shipping containers, will open in October, alongside Fermented Reality, the biergarten, and the recreational lawn.
Tampa-based EWI Construction is the general contractor on the project. The developer's vision of a biergarten, recreational lawn and dining garden on the former Channelside property has been public since EWI has been under construction on the project since early ; a building that housed restaurants Hablo Taco and Thai Thani was demolished in to make way for it. But Thursday's reveal is the first time SPP has formally rebranded the property and committed to an opening date for the first phase of the redevelopment.
Sparkman Wharf is an anchor of Water Street, connecting the waterfront to both the existing Channel district and the forthcoming office, residential, retail and cultural buildings that will break ground in Water Street within the next year.
Other than the southwest wing, which was demolished in October , the framework of the structure will stay for conversion into loft-style, contemporary, creative office space and re-envisioned ground floor retail. Though an official statement does not name the legal problem, it likely refers to a potential tangle with the former operators of the complex, Ashkenazy Acquisition Corp. Vinik has also been busy snatching up property north of the Forum, which has led to speculation about a baseball stadium being constructed downtown, but nothing has been revealed in what Vinik or his partners plan to do with the assembled property.
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