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BUSINESS NEWS STRATEGIC PROPERTY PARTNERS, LLC DETAILS PLANS FOR NEW TROPHY OFFICE TOWERS IN WATER STREET TAMPA Strategic Property Partners, LLC unveiled plans for a pair of new trophy office towers within Water Street Tampa, introducing an array of work spaces, totaling approximately 1 million square feet, for companies looking to expand in and move to downtown Tampa, one of the country’s fastest-growing cities. The buildings are part of the first in a series of phases of construction at Water Street Tampa, and the first new ground-up trophy office buildings constructed in downtown Tampa in nearly 25 years. Tampa is one of the fastest growing cities in the country and with rising wages, it is also one of the top large cities for job growth the country. “Water Street Tampa’s office tenants will have premier space, with access to the city’s best hotels, an abundance of food and beverage options, expansive green spaces, and cultural and entertainment venues all situated along downtown Tampa’s beautiful waterfront,” said James Nozar, CEO of SPP. “We’re proud to introduce new office offerings that are created to suit a wide range of needs for companies of all sizes and support the region’s strong economic growth.” As with all facets of Water Street Tampa, SPP has assembled a team of world-class architects and designers to craft and create cutting-edge and highly-amenitized office towers. The buildings are also sustainably- designed and will be WELL and LEED certified, a first for the region and a benefit for potential tenants. Surrounded by over 13 acres of lushly-landscaped open spaces, the buildings will be part of the larger Water Street Tampa neighborhood, the first WELL- certified community in the world, a standard that has been developed in partnership with the International Well Building Institute. 1001 Water Street will be a 20-story mixed-use building with approximately 380,000 square feet of office space, designed by COOKFOX Architects . Located at the northeast intersection of Water Street and Channelside Drive, 1001 Water Street is located adjacent to the University of

South Florida’s Morsani College of Medicine, and a verdant plaza links the buildings. Designed by Nelson Byrd Woltz Landscape Architects, the plaza embraces its location within the Florida ecosystem and reveals important aspects of the region’s unique ecology while simultaneously structuring and harmonizing the public space between the adjacent buildings. True to COOKFOX Architects’ signature biophilic design – which incorporates natural materials, natural light, vegetation, nature views, and other experiences of the natural world into the modern built environment – 1001 Water Street is being designed to connect people with nature. Biophilic design reduces stress, enhances creativity and clarity of thought, improves well-being, and expedites healing. Nine double-height exterior terraces will adorn the building’s façade, making space for people to get outside during the work day and interact with nature, while expansive floor-to-ceiling windows flood the offices with abundant natural light, bringing in a bit of the outdoors even when people are inside. The building will also have an expansive rooftop terrace with event space for the tenants. With features including conference space to host large meetings and learning opportunities, flex rooms where the community can connect and host small gatherings, a private mother’s room for nursing mothers, as well as a demonstration kitchen to provide nutritional information and cooking classes, 1001 Water Street will also be home to the Water Street Tampa wellness community center, an amenity for tenants and for the neighborhood at large. 400 Channelside is conceived as a gateway and catalyst for urban engagement. Designed by the global architecture, design and consulting firm Gensler , the 500,000-square- foot, 19-story tower embodies key tenants of wellness, creating an everyday experience that heightens mental and physical wellness, fluidly integrating access to the outdoors in the user’s daily activity. Accessible by two lobbies, the most notable design element of 400 Channelside will be a beautifully landscaped 30,000 square

foot sky garden that connects the building’s inhabitants to the outdoors. Perched on the fourth floor, the area offers diverse spaces for outdoor meetings, informal gatherings, events, fitness activities, interaction among tenants, or a respite area to rejuvenate. It will also be connected to other amenities including a conference center and a catering kitchen, and features an event terrace overlooking Amalie Arena’s Thunder Plaza below. Additional commercial office space is planned as part of future phases of Water Street Tampa, including a commercial campus designed by Pickard Chilton , a New-Haven based architectural studio specializing in office design. Once complete, 23,000 people will live, work, visit, and explore Water Street Tampa every day. Water Street Tampa, one of the largest active downtown real estate developments in the United States, is a multi-phased mixed- use community that will include more than nine million square feet of commercial, residential, hospitality, educational, entertainment, cultural and retail space, with the first new buildings having already broken ground. Gensler is a global architecture, design, and planning firm with 46 locations and more than 5,000 professionals networked across Asia, Europe, Australia, the Middle East, and the Americas. Founded in 1965, the firm serves more than 3,500 active clients in virtually every industry. Gensler designers strive to make the places people live, work, and play more inspiring, more resilient, and more impactful. COOKFOX Architects, DPC is a New York City based architectural and interior design studio founded in 2003. COOKFOX has built a studio focused on high-performance, environmentally responsive design and is most well-known for innovative design at the highest standards of environmental performance. COOKFOX strives to create architecture that supports physical health and mental wellness. With a portfolio of diverse residential, workplace, and education projects, COOKFOX seeks to understand each project in its unique environmental, cultural, and historical context, to pursue architecture that restores, regenerates, and elevates our collective experience of the urban environment.

pursue, but it’s worth it. Pursuing it depends on the types of projects. Each company has to examine their work/needs/ expertise to determine the ROI. “Our benefits are robust. We’ve added certain elective benefits such as accident insurance and other healthcare add-ons. We work to keep the cost sharing below market and encourage healthy activities.”

CONFERENCE CALL, from page 7

TZL: How are the tariffs impacting your business and that of your clients? KH: It’s still to be determined how it will affect clients. It’s still not well defined. We’re observing and waiting to see what happens.

TZL: Are you currently pursuing the R&D tax credit?

KH: Yes. It’s a fair amount of work and somewhat costly to

THE ZWEIG LETTER November 5, 2018, ISSUE 1271

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