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Water Street Tampa to include residential building with grocery store, apartments and condos

The first residential building at Water Street Tampa will have one tower with rental apartments and a second with condominiums, both rising from a base featuring a full-service grocery store, developers said Thursday.

The building at 815 Water Street is planned for the intersection of Water Street and Channelside Drive, next to Amalie Arena and the Tampa Bay History Center. It is expected to break ground in 2018 with an opening in late 2020.

The residential and retail building is the latest piece of a $3 billion plan for downtown Tampa to be unveiled by Strategic Property Partners, the joint venture between Tampa Bay Lightning owner Jeff Vinik and Cascade Investment, the investment fund launched by Microsoft founder Bill Gates.