Overview of Tampa
Fiscal Year 2024 Operating and Capital Budget
Tampa Bay History
Spanish explorer Ponce de Leon first arrived in the Tampa Bay area in 1513, but the Spaniards focused their attention on settling eastern Florida and left the western areas alone. In 1824, only two months after the arrival of the first non-native settlers, the U.S. Army established Fort Brooke to protect the strategic harbor at Tampa Bay. Development of the region began after the territory became part of the United States in 1845. Despite the blockade and federal occupation during the Civil War, the area grew steadily. Henry B. Plant's 1884 railroad extension to the Hillsborough River provided access to new areas, and he built lavish hotels along his rail line to attract visitors which led to continued economic growth in Tampa that lasted for the next fifty years.
Tampa owes its commercial success to Tampa Bay and the Hillsborough River. When phosphates were discovered nearby in the late 1880s, the resulting mining and shipping industries prompted a boom of growth and wealth that lasted through the 1890s. Tampa's port is now the seventh largest in the nation.
In 1886 Vicente Martinez Ybor established a cigar factory in Tampa. From the steps of Ybor's factory, Jose Marti, sometimes called the George Washington of Cuba, exhorted the cigar workers to take up arms against Spain in the late 1800's.
The military has also had an ongoing role in Tampa's development. The City was the primary outfitting and embarkation port for U.S. troops bound for Cuba during the Spanish-American War. Today the U.S. Central Command and U.S. Special Operations Command are headquartered at MacDill Air Force Base.
The advent of the automobile was responsible for a large settlement wave that occurred 1923-26. Many subdivisions were built during this era; one of the most notable was Davis Islands, a man-made island created by D. P. Davis. The elegant homes Davis built remain some of Tampa's loveliest.
The main Tampa downtown business district has grown phenomenally since the 1960s. Major banks and an increasing number of other corporations occupy large glass, steel and concrete buildings that tower high above the bay. Tampa continues to attract key industries such as corporate headquarters, bioscience, international trade, technology, financial services, manufacturing, and distribution companies.
Tampa has evolved into a multi-cultural, diverse business center with sustainable communities for its citizens. People of all ages arrive here to escape the worries and winters of wherever they came from, and an increasing number of them stay.

Community
The City of Tampa is located on the west coast of Florida. The City occupies 113 square miles and serves a population of 398,173. Tampa is the third most populous city in Florida and is the largest city located in the metropolitan statistical area comprised of Hillsborough, Pinellas, Pasco, and Hernando counties, with over 3.5 million residents.
Tampa is nestled in the center of the region, approximately 30 miles from the Gulf of Mexico beaches to the west, 70 miles from Walt Disney World and Orlando to the northeast, approximately 200 miles northwest of Miami, 180 miles southwest of Jacksonville, and 20 miles northeast of St. Petersburg. The region's natural environment includes miles of blue waterways, pristine beaches, brilliant sunlit skies, and exceptional weather.
Social and Cultural Events
Tampa is the home of numerous annual events and celebrations, and unique cultural events. Providing endless opportunities to live, learn, work, and play, Tampa offers year-round cultural events and social activities for people of all ages and interests - everything from serene strolls along scenic Bayshore Boulevard, to paddle board/kayak nature tours, or the excitement of Ybor City. A variety of entertainment activities may be found in the City and surrounding areas including numerous parks, sunny beaches, restaurants with international cuisine, world-class golf courses, racquetball courts, saltwater fishing, tennis, and shopping. Sports fans can enjoy football and hockey while art lovers can attend music and art festivals.

Gasparilla, Tampa's signature event for more than a century, pays homage to Tampa's last great mythical buccaneer, Jose Gaspar. Gasparilla events begin in January with a pirate invasion and continue with celebrations through March. Festivities and activities for everyone include parades, marathons, art shows, and music and film festivals. The Gasparilla Parade of Pirates, along scenic Bayshore Boulevard, is the nation's third-largest parade.

The Mayor's Annual River O'Green Fest is Tampa's official Saint Patrick's Day event at Curtis Hixon Waterfront Park. For the occasion, Tampa water crews transform the Hillsborough River to a bright shade of green while residents and visitors enjoy a free family-friendly celebration including activities, games, and live entertainment.

Other annual events include the ReliaQuest, formerly the Outback Bowl, a college football bowl game played in January, the Tampa Bay International Dragon Boat Festival, Tampa Riverfest, Tampa's Downtown on Ice, Sant' Yago Knight Parade, Santafest, and Winter Village. Boom by the Bay and the City's Independence Day celebration features family-friendly activities, live entertainment, and fireworks along Tampa's waterfront.
Entertainment and Cultural Facilities
The City offers a variety of entertainment and cultural facilities to residents and visitors located within the City or only a short drive away. Major attractions in and around Tampa include Busch Gardens, The Florida Aquarium, and ZooTampa at Lowry Park. Cultural venues such as Tampa Museum of Art, Tampa Bay History Center, and Glazer Children's Museum capture the spirit, history, and creative value of Tampa. Walt Disney World including Hollywood Studios Theme Park, Universal Studios, and Sea World are all just over an hour's drive to the east. Two-thirds of the state's major attractions lie within a 100-mile radius of Tampa.
Bush Gardens is a family adventure park that offers an appealing blend of the best roller coasters and thrilling rides, one of the Country's premier zoos featuring a variety of animals, live shows, restaurants, shops and games. Busch Gardens offers an array of fascinating attractions based on exotic encounters with the African continent. Busch Gardens provides world-class care to thousands of animals and has earned the Humane Certified™ seal from American Humane, the world’s largest certifier of animal welfare. As you venture through the unique naturalistic habitats, it’s clear to see why U.S. News & World Report named Busch Gardens Tampa Bay one of the best zoos in the country. Adventure Island, which is located next to Busch Gardens, is a 30-acre waterpark with a beach volleyball complex, waterslides, pools, and kid-friendly attractions.

ZooTampa at Lowry Park is one of the most popular zoos in the southeastern US, with close to 1 million visitors annually. Encompassing 56 acres, ZooTampa cares for a variety of animals with emphasis on endangered, threatened, and vulnerable species from Florida and similar climates/habitats with park areas devoted to Florida, Asia, Africa, and Australia. Other features include aviaries, primate exhibits, the manatee critical care center, a splash pad, rides, shows, hands-on interactive exhibits and animal encounters, and signature seasonal and fundraising events. The Florida Environmental Education Center or "Zoo School" is a hands-on learning facility that offers year-round childcare, preschool, and summer and holiday camp programs. Since 1988, ZooTampa has educated more than 1.8 million school-aged children throughout Tampa Bay, increasing awareness about wildlife and the ways in which students can contribute to their preservation. The Nat Geo WILD series were filmed entirely at the Tampa’s award-winning Zoo and provide behind-the-scenes stories of amazing animals and the dedicated team entrusted with their care. ZooTampa has again received accreditation by the Association of Zoos and Aquariums, the gold standard for animal care and welfare which is received by only 10% of the zoos across the United States. The ZooTampa has won numerous awards for its animal conservation and management programs and has been recognized by the State of Florida as a center for Florida wildlife conservation and biodiversity. Additionally, the Zoo has been awarded the USA Today’s 10 Best Readers’ Choice Awards 2023 for Best Zoo and Best Zoo Exhibit and it is an 11-time winner of TripAdvisor Travelers’ Choice Award.
The David A. Straz Jr. Center for the Performing Arts ("Straz Center"), located on the east bank of the Hillsborough River, is one of the largest performing arts institutions in the country and provides an environment for a wide variety of world-class events. With 335,000 square-feet, the Straz Center includes five theaters, a rehearsal hall, coffee shop, three on-site restaurants, and showcases community art projects of local artists as well as artists from around the world and through the ages. It boasts one of the nation's leading Broadway series and is nationally respected for producing grand opera, as well as presenting a wide variety of concerts, performances, and events. Also, the Patel Conservatory adds 45,000 square feet to the Straz Center and is the only accredited performing arts school in the region to offer performing arts classes in dance, theater, and music for students of all ages and experience levels. The Patel Conservatory features 20 studios, including three dance studios with sprung floors, a sound/lighting laboratory, technical theater workshop, rehearsal hall, costume shop and a state-of-the-art black box theater.
The Tampa Museum of Art in downtown Tampa features antiquities as well as modern and contemporary art exhibitions. Other museums include the historic H. B. Plant Museum at the University of Tampa, the Contemporary Art Museum at USF, the Scarfone Gallery at the University of Tampa, the Veteran's Memorial Museum and Park, the Ybor City State Museum, the Florida Museum of Photographic Arts, and the Glazer Children's Museum.
The Tampa Bay History Center, located in the Channel District, is one of the largest history museums on the west coast of Florida. The 60,000 square foot museum includes three floors of permanent and temporary exhibition galleries spanning 12,000 years of Florida history, focusing on the Tampa Bay region. The History Center is also home to the Touchton Map Library/Florida Center for Cartographic Education. The only cartographic research center of its kind in the state, it houses one of the most comprehensive collections of Florida cartography in the world, with holdings spanning five centuries. Additionally, the Tampa Bay History Center is affiliated with the Smithsonian Institution, providing the museum access to the Smithsonian's vast collection of artifacts and support for educational programs.
The Downtown Riverwalk is a 2.6-mile continuous walkway stretching from the Channel District to Tampa Heights along the east side of the Hillsborough River. It incorporates pedestrian amenities, art and interpretive elements, retail and restaurants, parks and open space as well as water attractions that are available from water taxis, rentals (boats, paddle boards, kayak, etc.), tours and the cross-bay seasonal ferry service.

Built in 1926, the Tampa Theatre is one of the country’s most beautiful cinemas, providing world-class entertainment in a 1,200-seat hall built to look like a romantic Mediterranean courtyard under a realistic night sky with twinkling stars. Tampa Theatre’s single auditorium hosts more than 700 events each year, including a full schedule of first-run and classic films, live concerts, special events, tours and educational programs. In 2017, Phase I of the restoration efforts began by addressing substantial infrastructure needs to the interior and exterior of the historic building. On May 11, 2023, funding for Phase II of the Theatre’s restoration plan was approved by the Tampa Community Redevelopment Agency (CRA) board in the amount of $14,000,000. Some items that will addressed in this phase include the addition of a second screening room, increased support spaces, enhanced production technology and updated patron amenities, in addition to a full and authentic restoration of the historic auditorium.

The Tampa Convention Center, located directly on the waterfront, in the heart of downtown Tampa, hosts a variety of conventions, tradeshows, and other special events year-round. It offers sparkling waterfront views, 600,000 square feet of transformable event spaces for venue rentals and state-of-the-art amenities. After a busy day of lectures, seminars, or classes, attendees are welcome to visit numerous downtown attractions and restaurants located just a trolley ride away in Ybor City, the Channel District, and Sparkman Warf. The Tampa Convention Center renovation is nearing completion of its $45 million capital improvement plan, its largest renovation project since it opened in 1990, which includes 18,000 square feet of flexible meeting space to be used as either tradeshow floor space or new meeting rooms, upgrades to restrooms and meeting rooms, improvements to the Riverwalk to enhance ADA experiences, improvements to the front drive guest arrival area and improvements to the HVAC/chillers. The City of Tampa was ranked as one of the top meeting destinations in North America for 2023 and was featured as the 24th top meeting destination by industry-leading meetings, events, and hospitality technology provider, Cvent.

The Florida Aquarium is among the top aquariums in the world and accredited by the Association of Zoos and Aquariums. Their mission programs include conservation, research, education and outreach with the goal of building awareness and inspiring action for species and habitat conservation and the restoration of Florida’s coral and sea turtle populations. Visitors can explore complex ecosystems, experience a wide variety of aquatic and terrestrial animals, engage with interactive and informational exhibits, or just enjoy the outdoor water play area. The aquarium also features a 4-D theater, dolphin cruises, backstage passes/tours, and various swim and dive experiences. The Florida Aquarium recently announced a $40-million expansion plan that will include a rotating special exhibit gallery, multi-species gallery that features puffins, and a large-scale outdoor exhibit featuring California sea lions and an African penguin habitat. The project is scheduled to be completed in 2025. The Florida Aquarium is ranked in the top 15 aquariums in the country by TripAdvisor.com and ranked in the top 5 "Kid-Friendly Aquariums" by Parents Magazine.
Professional Sport Teams
The Tampa Bay area is the proud home of several professional sports teams including the Tampa Bay Lightning, Tampa Bay Buccaneers, Tampa Bay Rays, and Tampa Bay Rowdies. The City of Tampa also hosts the New York Yankees' spring training each year at the City's George M. Steinbrenner Field baseball stadium and they are celebrating their 28th Anniversary Season in Tampa this spring of 2023.
The Yuengling Center (formerly known as the USF Sun Dome) is located on the campus of USF and is home to the National Collegiate Athletic Association's USF Men's and Women's basketball teams, USF Volleyball team and is host to numerous concerts and events throughout the year.

The Tampa Bay Buccaneers professional football team were the NFL Super Bowl Champions in 2003 and 2021. The Tampa Bay Buccaneers and University of South Florida ("USF") Bulls football teams play their home games at Raymond James Stadium in Tampa. In recent years, the stadium underwent substantial renovations and upgrades to include the replacement of two main scoreboards, installation of new sound amplification equipment, replacement of stadium seating, and club renovations. The stadium now boasts one of the most technologically advanced HD video system, comprised of two massive 9,600 square-foot boards and four large 2,300 square-foot HD tower walls. Raymond James Stadium has hosted three Super Bowls; XXXV in 2001, XLIII in 2009, and Super Bowl LV in 2021. Raymond James Stadium serves as a premier large event venue, recently hosting concerts for Coldplay, Kenny Chesney, the Weeknd, Ed Sheeran and three consecutive sold out nights for Taylor Swift’s Eras Tour.

In the heart of downtown Tampa, between the Tampa Convention Center and the Florida Aquarium, lies the Amalie Arena, one of the premier entertainment venues in the southeast. It is home of the Tampa Bay Lightning professional hockey team, who are recipients of the Presidents' Trophy, two-time Conference Champions, four-time Division Champions, and the 2004, 2020 and 2021 Stanley Cup Champions. The Amalie Arena also hosts many concerts, family shows and sporting events each year. The arena's numerous events include NHL All-Star Games, ACC and SEC Men's Basketball Tournaments, and the NCAA Women's Final Four.

Education
Tampa offers a variety of post-secondary educational opportunities. Founded in 1956, the University of South Florida (USF) is a high-impact global research university dedicated to student success, with three campuses across the Tampa Bay region. USF serves approximately 50,000 students and offers more than 240 degrees at the undergraduate, graduate, specialty, and doctoral levels, including the Doctor of Medicine. USF is the fastest-rising university in America (U.S. News and World Report’s 2023 Best Colleges rankings) with many graduate programs ranking inside the top 50 (U.S. News and World Report’s 2022 ranking). USF offers premier research opportunities in the fields of science and medicine. Recently, USF accepted an invitation to join the Association of American Universities (AAU), a prestigious group of the 71 leading research institutions in the United States and Canada. USF is the first public university in Florida to join the AAU since 1985 and is now one of two institutions from the State University System of Florida to serve as an AAU member. This will provide new federal funding opportunities for USF research, strengthen its role in meeting workforce demands and attract the brightest faculty, staff and students to Tampa Bay. Since 2013, USF has been among the top 15 U.S. public universities and top 25 universities worldwide in generating new patents according to the National Academy of Inventors and the Intellectual Property Owners Association.
In January 2020, the new USF Health Morsani College of Medicine and Heart Institute opened at Water Street Tampa, the world's first wellness district, bringing approximately 1,800 students, faculty, researchers, and staff to Tampa's downtown urban core and waterfront. The state-of-the-art training facilities at USF Health's Morsani College of Medicine, Taneja College of Pharmacy, and Heart Institute provide superior medical education, clinical care, and research to improve patient care and health outcomes while transforming health education and pioneering discoveries to end heart disease. The new facility provides immediate access to Tampa General Hospital, USF's primary teaching hospital, as well as proximity to USF's Center for Advanced Medical Learning and Simulation ("CAMLS") and the Tampa Bay Research and Innovation Center at CAMLS.
The University of Tampa ("UT") is a private university located on approximately 110 acres of prime riverfront land in the heart of downtown Tampa. UT provides more than 200 fields of study including various graduate studies programs. UT is regarded as one of the nation's best 384 institutions for undergraduate education by The Princeton Review. Only 15 percent of four-year colleges in the U.S. share this honor. U.S. News & World Report consistently ranks UT in the top tier of the category Regional Universities (South), and it was included as the most innovative college for 2022. Since 2010, UT has been included on Forbes' annual ranking of America's Top Colleges. The list is based on factors such as educational quality, graduation rates, and career prospects.
Hillsborough Community College ("HCC") offers more than 190 academic options which include an array of business, technical, and health sciences. HCC has five primary campus locations, two satellite locations, a very active distance learning program, and a comprehensive corporate training center.
Also, near downtown is the Tampa Law Center of the Stetson University College of Law which is ranked No. 1 by U.S. News in trial advocacy and No. 3 in legal writing, both vital skills for attorneys. Saint Leo University, just north of Tampa, has a center at MacDill Air Force Base and has been recognized as one of the top military-friendly colleges and universities.
Economic Outlook
The City of Tampa's budget is affected by a variety of economic factors that are significant drivers of demand for City services and major revenues. The following is a brief discussion of historical and current key economic indicators, including employment and population growth, employment industries in Tampa, unemployment rate, and the performance of two major economic engines (Port Tampa Bay and Tampa International Airport). According to the University of Central Florida’s Florida & Metro Forecast 2023-2026, the fastest growing employment sectors are other services (2.9%) and the financial services sector (1.9%).
The metropolitan statistical area (“MSA”) economic indicators for Tampa-St. Petersburg-Clearwater are expected to show slightly below-average levels of growth compared to other areas in Florida. According to the University of Central Florida’s Florida & Metro Forecast 2023-2026 from June 2023, population growth will average 1.3% annually, employment is expected to contract by 0.6% annually, and the unemployment rate is expected to average 4.5% through 2026. The unemployment rate for the MSA as of June 2023 is 2.6% per the U.S. Bureau of Labor Statistics.
Port Tampa Bay (the "Port"), a significant economic engine in the region, accounts for an economic impact of over $17 billion, providing more than 85,000 direct and indirect jobs and handling more than 32 million net tons of cargo annually. June 2023 marked Port Tampa Bay's 78th-anniversary as a state-established commercial entity.
With a 43 foot-deep main channel, the 5,000- acre Port is home to many businesses and handled 3,002 vessels in fiscal year 2022. Port Tampa Bay is one of the nation's most diversified ports; it is the petroleum and energy gateway for West/Central Florida, the largest steel port in Florida, one of the world's premier fertilizer ports, a major cruise line homeport, and one of the largest shipbuilding and repair centers in the Southeast. An expanding container gateway, the Port has global connections, including weekly service to Asia via the expanded Panama Canal, Central/South America, and Mexico, and also has on-dock cold storage. Designated as a Foreign Trade Zone (FTZ No. 79), Port Tampa Bay is Florida's largest cargo tonnage port. With its location on the west end of Florida's Interstate 4 corridor, the Port is ideally located to supply in-state demands for construction materials, commodities, and consumer products.
Port Tampa Bay has committed to spending $300-400 million in the next several years, adding new cranes, docks, transit, sheds, and additional infrastructure to expand its capabilities. Working closely with its container terminal operator partner Ports America, Port Tampa Bay expanded terminal capacity by adding more paved storage and recently took delivery of three more post-Panamax gantry cranes, for a total of five. Additional expansion includes an expanded gate complex, a new on-dock rail-served 500,000 square foot trans-load facility, more storage and a third deep water berth.
Tampa International Airport ("TIA") is a major international and domestic airport for the west central region of Florida and is highly regarded for its efficiency and passenger convenience. During 2022, 21.5 million passengers enplaned and deplaned at the airport, which represents an increase of 18.8% compared to 2021.
Internationally, TIA is currently offering nonstop flights to several desirable business or vacation destinations such as London, Zurich, Frankfurt, Toronto, Havana, Montego Bay, Punta Cana, & Cancun. TIA has added nonstop routes to more than 15 new markets since 2020 providing travelers more direct options.
TIA is committed to designing, building, and implementing capital improvements and programs that are economically wise and environmentally and socially responsible. Over 30% of their fleet runs on alternative fuels such as compressed natural gas, hybrid-electric, or all electric with a goal of over 70% running on alternative fuels. TIA provides EV charging stations for customers in all parking garages and at the Cell Phone Lot. As part of TIA’s sustainability efforts, the Hillsborough County Aviation Authority won a federal 100% Zero Emission Vehicle grant to purchase four electric buses and charging stations to be used by TIA to transport employees from the North Employee Parking Lot off Hillsborough Avenue to the Main Terminal and is in the process of procuring three additional electric busses.
To accommodate TIA's continued increase in passenger traffic, TIA officials began updating the airport's Master Plan for the 3,300-acre campus in late 2011. The master plan was approved in 2013 and will allow the airport to serve 34 million passengers each year. The plan is divided in three phases. TIA completed Phase 1 in late 2018 and anticipates completing Phase 2 in late 2024 ($1.6 billion between Phase 1 & 2). The master plan renovations include the expansion of the main terminal, a new automated people mover, a new rental car center near the airport entrance. It also includes a 35-acre commercial development around the rental car center featuring an office building, convenience store with gas station, hotel, and a commercial curb to accommodate transit and other ground transportation, and connections to regional trail networks. The curbside expansion includes 16 new express lanes exclusively for passengers without checked luggage. The third and final expansion phase will include the construction of a new 16-gate terminal-Airside D with gates serving domestic and international flights, as well as, facilities to process international passengers. The $787 million final expansion phase received approval from the Aviation Authority’s Board of Directors in September 2022. Construction is scheduled to break ground in 2024 and be completed in late-2027. Already considered one of the most user-friendly airports in the world by frequent flyers, the planned improvements will further enhance the airport's reputation.
Building Activity
Tampa continues to grow and prosper. In Fiscal Year 2021, the City permitted construction projects valued at over $2.7 billion (27,262 building permits) and $2.6 billion in Fiscal Year 2022 (26,764 building permits). The City anticipates $17.9 million in construction permit and enhancement fee revenues to be generated for Fiscal Year 2023. The level of construction permit revenues is the result of increased new multifamily construction activity as well as commercial and home renovations.
The City continues its commitment to economic development. There is focus on the City and region's economic leadership, stability, and most importantly, business opportunity. Today, the City is smarter about how it does business, is more efficient and accessible to citizens, and continues to streamline its permitting process. City employees work hard every day to grow and retain existing business, attract new businesses, develop entrepreneurship, and make Tampa a more competitive city through a variety of initiatives, including enhancing Workforce Development and Housing Affordability programs to ensure the City has the tools necessary to provide for all its residents across all neighborhoods and communities.
Economic Development
The Heights
Tampa-based developer, SoHo Capital, acquired the site immediately north of downtown to create a historic-style, mixed-use neighborhood called The Heights, to develop 39-acres of residential, hotel, office, retail and a market hall. The Heights is anchored by the restored historic Armature Works brick warehouse, now containing The Heights Public Market, an innovative market featuring an open floor plan with communal seating surrounded by restaurants and including event and exclusive coworking spaces. Two new office buildings, known as The Heights Union, provide over 150,000 square feet of office space companies such as Amgen and Pfizer, who recently started moving into these spaces. A large mixed-use garage has been built on the east side of the development and now home the Sprout Farmer Market. Plans are underway for new office spaces, a boutique hotel (Moxy Hotel), and 1,600- plus homes. The total investment is estimated at $980 million.
Gas Worx
Gas Worx is a $750 million, mixed-use development that connects Ybor City, Central Park neighborhood, and downtown Tampa. The project is a partnership between local business owner Darryl Shaw and national developer, Kettler Development. The 50-acre development will include mixed income and market rate residential units, new retail spaces, office space, and restaurants that will connect the historic Ybor to Water Street. Plans for Gas Worx include 5,000 residences in the City’s urban core with 500,000 square feet of office space and 140,000 square feet of retail. The development will bring a more vibrant live, work, play type of atmosphere to Ybor City.
Construction on Gas Worx kicked off in early 2023 with the groundbreaking on two new apartment buildings. Located north of East 5th Avenue between East Scott Street and the Nick Nuccio Parkway, work has commenced on a 4-story, 170-unit apartment building. Just south of East 5th Avenue, between East Scott Street and Nick Nuccio Parkway, work has also started on another apartment building that will be 5 stories and contain 147 units. Completion of both buildings, including affordable housing, is slated for 2024.
Water Street Tampa

Strategic Property Partners, LLC, in partnership with Cascade Investments, are continuing to redevelop approximately 56 acres in south end downtown Tampa into a vibrant, diverse, walkable neighborhood. The mixed-use development includes the University of South Florida Health Morsani College of Medicine and Heart Institute, a grocery, retail spaces, office buildings, a variety of residential choices, two new hotels, and a walkable neighborhood.
Connecting the Central Business District, Port Tampa Bay, and Channel District with institutions such as The Florida Aquarium, Tampa Convention Center, and Amalie Arena, the Water Street development is the world's first WELL-Certified city district designed with a focus on health and wellness. It has recently achieved LEED silver certification under the category of LEED® for Neighborhood Development. LEED acknowledges excellence in green construction for individual buildings while LEED Neighborhood Development considers the design of public spaces between buildings and how they will be used by people in the community. Construction on master infrastructure improvements, funded by property tax increment revenues, is currently underway.
The development's first hotel, a 29-story, 519-unit JW Marriott, was completed in 2021 and connects via a glass skybridge to the recently renovated Tampa Marriott Water Street located along Garrison Channel. The Marriott family of hotels is not the only chain to grace the Tampa skyline, as September 2022 saw the completion of the 27-story, 172 guestroom Tampa EDITION Hotel. Residents and visitors to the Bay area alike will also have plenty of choices for eateries in 2023. The Pearl restaurant, located in the Heron residential apartment towers, opened its kitchen to the public in February 2023. Future restaurant plans for the Water Street area include a 3 Corners Pizza at the Heron and a 4,000 square foot Wagamama restaurant located in the recently completed, 23-story mixed use residential tower south of Cumberland and between S Nebraska Avenue and Water Street.
West River Development

The West River Redevelopment plan covers a 120-acre area bounded by Rome Avenue, Columbus Avenue, the Hillsborough River, and I-275. The plan focuses on reconnecting the street grid and increasing access to Julian B. Lane Riverfront Park and the Hillsborough River. The project promotes strong ties with public education and community services and plans for more than 1,600 new residential units, with a variety of housing styles and affordability. The administration selected Related Urban to redevelop City-owned land.
The redevelopment of the former "Rome Avenue Yard" is a $420 million, mixed-use and mixed-income development located on 18-acres of City-owned property immediately west of the Hillsborough River, east of Rome Avenue, south of Columbus Drive and north of Spruce Street in the West Tampa Community Redevelopment Area (CRA).
The development is a joint venture between the Tampa Housing Authority, the City of Tampa, and Related Urban Development Group that will create a mixed-use neighborhood of both affordable and market-rate housing, retail, micro space for local startups and a workforce training center, an amphitheater, and other amenities that define an urban lifestyle. It will include dozens of community-centric features including a cultural center and art pavilion, as well as a brick observation “cigar tower” to honor the cigar factories that were an indelible part of West Tampa’s Latin history.
Construction permits have already been issued for The Canopy at West River, which will consist of a new, 5-story, 84-unit residential apartment building located on the corner of North Willow Ave and West Chestnut St as well as a new, 7-story, 112-unit residential apartment building on the corner of North Willow Ave and West Main St.
A 5-level parking garage, with 307 vehicular parking spaces, will service residents of The Canopy. The new residential apartment buildings will compliment other development in the area, including an 8-story, 119-unit mixed use residential building completed in December of 2022.
Midtown Tampa
Midtown Tampa is a new mixed-use development project aimed at connecting Westshore to downtown. Located at the corner of Dale Mabry Highway and Cypress Street, the $500 million project spans 22 acres, creating residential units, office and retail space, and entertainment and hospitality venues, including Whole Foods, REI Co-op, Joffrey's Coffee, Shake Shack and BellaBrava. Recently completed projects include a 6-story, 142-unit mixed use apartment building with ground level retail space and a 7-story, 226-unit Aloft-Element Hotel. In May of 2023, a building permit was issued to construct the shell of what will eventually be a 17-story, 460,000 square foot high rise office building.
Westshore Marina District
The Westshore Marina District is a $750 million master-planned community situated along 1.5 miles of waterfront, green space, marina, and open bay. The 52-acre destination presents a contemporary environment for water-inspired living, shopping, dining, and recreation. Residential offerings range from luxurious marina-front tower residences with private club amenities to contemporary townhomes and apartments. Designed for walkability, the neighborhood features a comprehensive array of amenities to include urban trails, parks, and a 159-slip marina with transient dockage for visitors that offers boaters unrestricted access to Tampa Bay. The community includes office, retail, and waterfront restaurants.
Currently, under construction and nearing completion along the eastern portion of the property at 5201 Bridge St. is a 16-story, 120-unit residential tower with an attached, 4-level parking garage and 7-unit townhouse building. Additional plans for the site include a similar residential tower and associated parking garage along the western portion of the lot to be completed during the next phases of construction.


Residential
The Adderley in Sulphur Springs
Blue Sky Communities, a Tampa-based real estate developer, has broken ground on a 5-story, 128-unit affordable housing development on North Nebraska Avenue. The Adderley will be the first Blue Sky property within City limits and involves several partners including the City of Tampa, Trust Bank, and the Florida Housing Finance Corporation. The project has received funding from the City and its 9% Tax Credit Award, funding which the City views as an important investment in the local community that will provide much needed affordable housing options for residents of the Sulphur Springs area. To qualify to live at the Adderley, applicants must earn less than 80% of the Area Median Income (AMI), which for most families translates to making $20,000 to $50,000 of total household income. The Adderley is expected to open its doors in spring 2024.
Arts and Entertainment Residences (AER in the District)
American Land Ventures and Gazit Tampa, LLC have partnered to bring to downtown Tampa a 31-story mixed-use tower located across from the Straz Center for the Performing Arts. Boasting 334 luxury apartment units, AER will also contain over 13,000 square feet of ground level retail space and 514 parking spaces above the shops. Residents calling AER “home” will have quick and convenient access to some of the best of what Tampa has to offer in terms of arts, culture, and entertainment. The Straz Center, Tampa Museum of Art, Tampa Riverwalk, Curtis Hixon Waterfront Park, and Armature Works are all just a short walk from AER. The luxury mixed-use tower is expected to open in spring of 2024.
Ritz Carlton Residences
Miami based developer Related Group continues to reshape the skyline of Tampa with a new offering for luxury condominium living: The Ritz Carlton Residences located along scenic Bayshore Boulevard. The 30-story tower reaches nearly 350 feet in height and will house 89 residences, along with 12 townhouse villas and a 3-story parking garage on the same site. Related Group is expecting to complete the project in 2024.
Altura Bayshore
Altura Bayshore, one of South Tampa’s newest luxury high-rise condominium buildings, is slated for completion in 2024. A product of Naples-based developer The Ronto Group, Altura Bayshore is 23 stories tall and contains 73 residential units, with a separate 4-story parking garage also being constructed on site. Located at 2910 W. Barcelona St, the site is just a 5-minute drive from both the popular SoHo district and Hyde Park Village. Downtown Tampa and Ballast Point Park off Interbay Boulevard are just 4 and 2.5 miles away, respectively. Residents at Altura Bayshore looking to travel by foot, rollerblade, or bicycle will also be just a block from scenic Bayshore Boulevard.
Venues and Facilities
Moffitt Cancer Center, Moffitt McKinley Hospital Expansion
Moffitt Cancer Center continues its efforts to be a leader in surgical oncology and is currently expanding its operations with a brand new, state-of-the-art surgical facility located at 10901 McKinley Dr. The 20-acre site will be home to an 11-story, nearly 500,000 square foot medical building, 3-story, 85,000 square foot parking garage, and a 3-story, 31,000 square foot Central Utility Plant. The new surgical building will contain 128-inpatient beds and 19 operating rooms. An elevated pedestrian bridge will connect the new surgical hospital with the existing, 6-story medical building located west of McKinley at 10902 McKinley Dr. The new facility will expand Moffitt’s patient capacity by 65% and will allow for 33% more procedures over the next decade. Construction cost for the expansion totals approximately $400 million.
Yuengling Tampa Campus
Visitors to the Greater Tampa Bay area have plenty of choices when it comes to food and local beer, and D.G. Yuengling & Son, Inc. is expanding those options with its new, 38,000 square foot Yuengling Tampa Campus. The facility, located at 11111 N 30th St and less than 2 miles from popular attraction Busch Gardens, will include a restaurant and taproom, a lobby café, beer garden, outdoor yard games area, and event space. Locals and visitors alike will find plenty of food and beverage at the new campus, and an entertainment pavilion is expected to host live music events. Aside from its proximity to one of the premiere amusement parks in the State of Florida, Yuengling Tampa Campus is also within a 30-minute drive from downtown Tampa, Zoo Tampa at Lowry Park, and historic Ybor City. Future expansion plans for the site include a new, 15-story hotel making Yuengling Tampa Campus potentially one of the must-see hot spots in the Bay Area.

Tampa Multi-Modal Network and Safety Improvements
The U.S. Department of Transportation awarded the City a $24 million Better Utilizing Investments to Leverage Development (BUILD) grant. The grant funding will be used towards the Tampa Multimodal Network and Safety Improvements Project. The project will complete approximately 12 miles of contiguous multi-modal path separated from vehicle traffic, with complete streets and traffic calming improvements.
The project will connect downtown Tampa, the University of Tampa, West Tampa, Tampa Heights, Bayshore, Hyde Park and Ybor City with multimodal paths, complete streets and under bridge/over water segments, site work, new pavement, guard rails, lighting, landscaping, and seawall repair. This project will improve safety by completing segmented sidewalks, signalized crosswalks, lane arrow markings, and curb bulb-outs.
Sustainability and Resilience
In May 2020, Tampa hired its first Sustainability and Resilience Officer whose duties include implementing the City’s Resilience Roadmap, developing a Climate Action and Equity Plan, tackling stormwater management and sea level rise, transitioning the City to 100% renewable energy, and ensuring citywide environmental justice for all residents. The Resilience Roadmap was developed through robust community engagement and with the assistance of international experts from the Resilient Cities Catalyst organization. The official Resilient Tampa Roadmap was released in May 2021 (https://www.tampa.gov/green-tampa/resilience). There are 58 initiatives across Resilience Tampa which are included in the following major categories:
- Opportunity for all Tampanians
- Thriving Neighborhoods
- Climate-Ready Infrastructure
- Growing and Connecting City
In August 2021, the City Council adopted a non-binding Resolution calling for the City’s stationary municipal operations to transition to 100% clean, renewable energy from solar, wind and tidal sources by 2035. Additionally, City Council supports City goals of moving to a fleet of electric vehicles; transitioning to forms of public transportation that do not produce emissions (for example, expanding bicycle and pedestrian rights of way and building infrastructure necessary to support electric vehicles throughout all neighborhoods); and monitoring greenhouse gas emissions.
In June of 2023 the Mayor released the City of Tampa Climate Action and Equity Plan (CAEP) along with a 100% Renewable Energy Roadmap for municipal operations. This Climate Action and Equity Plan has been created to set forth principles, initiatives, and actionable projects. By following its guidance in the years to come, the CAEP will reduce greenhouse gas emissions, adapt infrastructures, and make sure to do this with all Tampanians in mind – listening to their input and responding to their needs.
The City of Tampa partnered with the Resilient Cities Catalyst (RCC) to develop a Resilience Roadmap for Tampa. RCC has worked with cities around the world to help communities identify, assess, and mitigate shocks and stressors. RCC co-designed the Roadmap’s 58 initiatives through an extensive series of workshops, surveys, and direct engagement with key stakeholders across the City, including City officials, nonprofits, businesses, philanthropy, and academia. This tactical roadmap builds upon the City’s vision with concrete actions that address the City’s most pressing challenges at all scales. The City will continue implementing these initiatives and aligning its budget to these goals in order to achieve more resilient city operations and community well-being.
Sustainable Tampa
The Sustainability and Resilience Officer relies on three guiding principles:
- Go Green: Ensure decisions consider life cycle environmental impacts
- Be Fair: Ensure decisions are equitable and socially responsible
- Keep Safe: Ensure decisions are redundant, resilient, and adaptable
These principals are applied at every programmatic and project level feasible. For example, the City Center at Hanna Project was recently honored with an award in sustainability from the American Institute of Architects of Tampa Bay in their annual Tampa Bay Design awards. The chapter award is based on the AIA Framework for Design Excellence and the embodiment of AIA Tampa Bay’s position to embrace resilience as a key design feature. Solar panels are expected to produce 55 percent of the annual electricity requirements, including electric car charging stations.
The City will continue its commitment to maintaining a word class tree canopy, setting a goal of planting 30,000 new trees by 2030. The tree initiative will expand the Tree-Mendous Tampa program by allowing residents to receive up to five free trees and launching a new voucher program to encourage and help people buy trees from local nurseries. The Tree-Mendous Tampa Free Tree Program not only plants trees, but also includes an educational component to help residents by providing best management practices for trees. The implementation of the Neighborhood Tree Stewardship program will educate residents on tree care and the urban forest.
The City boasts over four million trees that assist in the removal of air pollutants, provide energy conservation, conserve soil and water, and bring the natural environment into the lives of Tampa residents and visitors. For four decades, the City has received the Tree City USA designation by the Arbor Day Foundation for it its street canopies, planning efforts, planting programs, and proven urban forestry practices, all of which reduce greenhouse gases.
The City's E-Scooter program has been hugely successful and provides a low-cost method of transportation. Using E-Scooters for short-distance travel instead of cars helps to reduce unnecessary congestion and traffic, improve downtown mobility, and reduce carbon emissions. The Sustainability & Resilience office helped fund the city’s newly launched e-bike voucher program.
The City is continuing its partnerships with Learning Gate Community School, the USF Patel College of Global Sustainability, and others in the Tampa Bay area environmental community celebrating EcoFest. Ecofest 2023 was the 13th annual community event to celebrate the many businesses, organizations, and individuals in the Tampa Bay Area dedicated to the principles of sustainability, ecology, equity, and economy.
The City of Tampa launched its first City-sponsored environmental stewardship program, funded by AmeriCorps, in the State of Florida. The Green Team is a program developed in partnership with Volunteer Florida and AmeriCorps to provide members the opportunity to work alongside City of Tampa staff and associated non-profits to make the community and Earth a cleaner, healthier, and more sustainable place. The AmeriCorps Members of Tampa's Green Team will plant and maintain Tampa’s tree canopy, reduce marine litter, enhance community gardens, and provide climate change education.
During 2023, the City will launch the most extensive vulnerability assessment ever completed for Tampa, thanks to funding from the state’s Resilient Florida program. The City is also working with individual neighborhoods on vulnerabilities and will launch a comprehensive planning effort in Palmetto Beach funded by a $3 million earmark through FEMA’s Building Resilient Infrastructure and Communities program.


Social Equity and Inclusion
The City has multiple offices and organizations ensuring equitable treatment for all. The significant involvement of the City of Tampa in human rights, socio-cultural diversity, social justice, and inclusionary issues demonstrates that the City supports social equity principles and embraces its diversity, viewing it as a positive and powerful attribute. Consequently, the City of Tampa scored a 100% on the Human Rights Campaign Foundation's 2019 Municipal Equality Index Scorecard. The Municipal Equality Index displays the ways that many cities can, and do, support the Lesbian, Gay, Bisexual, Transgender, and Questioning (LGBTQ) people who live and work there, even where states and the federal government have failed to do so.
The City’s partnership with Catholic Charities reflects the City’s commitment to address homelessness in a holistic way. Tampa Hope is enhancing its sheltering services for people experiencing homelessness with the addition of 100 new, freestanding structures known as Hope Cottages. The 64 square foot cottages will provide a bed, air conditioning and heating system, smoke detector, fire extinguisher, power outlets, shelving, windows, and storage space. Additionally, the cottages can resist up to category 5 hurricane force winds. Adding the Hope Cottages will be vital in further uplifting this vulnerable population. Since the launch of this program, Tampa Hope has provided shelter to more than 640 individuals from which 30% have been discharged to permanent housing and 11% have gained employment during their stay.
The City has implemented a new pilot project focused on improving accessibility for people that are blind or low vision. The City has worked alongside an assistive technology company Lazarillo to create accessible indoor and outdoor maps of Old City Hall, the Tampa Municipal Office Building and Julian B. Lane Park that can be navigated with audio guidance using a smartphone. In addition to providing accessible navigation for people that are blind, it also allows people with mobility disabilities to navigate more easily, providing them with wheelchair-accessible routes and information about the location of accessible bathrooms.
The City opened another fully inclusive and sensory-friendly playground. The New Tampa All Abilities Playground is a state-of-the-art playground that is designed for children with a wide range of physical, cognitive, sensory, and neuro-diverse abilities. It also features multiple play pieces that are wheelchair accessible. The City strives to add accessible play equipment and improve disability access during renovation of parks facilities. Also, the Mobility team has ensured ADA access improvements of sidewalks, curb ramps and cross walks during the City’s critical roadway projects.