A company co-owned by Jeff Vinik, owner of the Tampa Bay Lightning hockey team, acquired additional land in downtown Tampa where it plans to build a 40-acre, multi-use waterfront development.
Vinik’s company, Strategic Property Partners (SSP), bought a 0.26-acre parking lot on Channelside Drive adjacent to a parcel SSP already owned.
“The acquisition of this centrally located parcel within our project area,” Jim Shimberg, executive vice president and general counsel of SPP, said in a written statement.
SSP, owned by Vinik and Cascade Investment, plans to redevelop the parking lot as a retail property. But the parcel will remain a parking lot until SSP builds a $2 billion development in a pedestrian waterfront setting with six million square feet of offices, residences, retail stores and hotel rooms. [Tampa Bay Times] — Mike Seemuth