The expanse of pavement that lines Channelside Drive could some day be home to a glitzy mix of residential towers and retail and commercial space — a total of 9 million square feet of space and $1.5 billion in development costs.
Port Tampa Bay on Thursday unveiled a “vision plan” for its Channel district real estate that would redevelop 45 acres of port-owned land along Channelside Drive and the Ybor Channel, north of the Florida Aquarium. It will be divided into four districts: the cruise district, the central waterfront, marina district and park district.
Source: www.bizjournals.com
Port Tampa Bay unveiled a “vision plan” for its Channel district real estate that would redevelop 45 acres of port-owned land along Channelside Drive and the Ybor Channel, north of the Florida Aquarium. It will be divided into four districts: the cruise district, the central waterfront, marina district and park district. The project would consist of a mix of residential towers and retail and commercial space — a total of 9 million square feet of space and $1.5 billion in development costs.
This puts the Channel District and surrounding area at nearly $3 billion worth of development projects on the books making it one the most dynamic districts in the United States.