Responsible for setting up the new Canadian Innovation and Investment Agency. The fact that Water Street has sprouted up so much in recent years can only help the recruitment process, Morey said. Innovation, Science and Economic Development Canada. “But the activity that we have had around those, I think, is positive. “When you’re talking about a Fortune 500 headquarters, there’s not that many that move in any given year - or any given five years,” said Steve Morey, senior vice president of economic development at the Tampa Bay Economic Development Council. More than once, as far back as 2014, he’s hinted they were close. And the partners there are some of the most successful people on the planet."Įarly in Water Street’s development, Vinik made clear his desire to lure an anchor corporate tenant like a Fortune 500 company. “(Strategic Property Partners) has come in and built a city, essentially. “You’re talking about a $3 billion project, I wouldn’t say that project is normal out of the gate,” said Wright, who is also the managing partner of Ally Capital Group, which owns Westshore City Center. About 5 million square feet of that is under construction or already open, including the waterfront dining destination Sparkman Wharf and the University of South Florida’s Morsani College of Medicine.Īndrew Wright, the CEO of national commercial real estate services company Franklin Street, which is based in Tampa, agreed that the announcement made sense, since building construction and building management are two different skill sets that might require changes in personnel. In construction since 2016, Water Street will include 9 million square feet of development, including apartments, condos, restaurants, offices and retail and educational space. (Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to the Times Publishing Company, which owns the Tampa Bay Times.) The development aims to be the first “WELL-certified” district in America, constructed with the health and wellness of its residents and workers in mind. Strategic Property Partners is a partnership between Tampa Bay Lightning owner Jeff Vinik and Cascade Investment, a fund controlled by Microsoft founder Bill Gates. “I am more passionate today than I ever have been about SPP, our vision, our values, and the potential to bring that same enthusiasm and knowledge to new projects,” Nozar said in the statement. Water Street Tampa was Strategic Property Partners' first project. Andrew James Web Engineer and Content Creator Giffnock, Scotland, United Kingdom 284 followers 260 connections Join to follow Coinbase Websites About Im a web engineer based in Glasgow. The company did not specify how many people were included in the layoffs, but added that some of the remaining staffers were also being shifted to new jobs.ĬEO James Nozar will also be leaving that job to become a strategic advisor to the board of directors, where he will help with efforts to identify new projects, according to the statement.
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