8
BUSINESS NEWS STRATEGIC PROPERTY PARTNERS, LLC BEGINS CONSTRUCTION ON TAMPA’S FIRST DOWNTOWN TROPHY OFFICE TOWER IN OVER 25 YEARS Strategic Property Partners, LLC announced the start of construction on 1001 Water Street, the first new trophy office tower to break ground in the city’s downtown in almost three decades. As part of the 56-acre Water Street Tampa development transforming the urban waterfront, SPP is introducing an array of workspaces to support Tampa’s growth and robust economy. 1001 Water Street is sustainably designed and will be both WELL Core and Shell certified as well as LEED certified, a first for the region, once complete in late summer 2021. “The start of construction at 1001 Water Street signifies the beginning of a new chapter for workplaces. It is not just the first new trophy office tower in Tampa in decades, but the first office of its kind,” said James Nozar, CEO of SPP. “We are seeking to reimagine the workplace, where employees, their experiences, and overall wellbeing are at the heart of the design and functionality of the space.” A 20-story mixed-use building with approximately 380,000 square feet of office space and retail, 1001 Water Street has been designed by COOKFOX Architects . True to COOKFOX Architects’ signature biophilic design philosophy – which has been shown to reduce stress, enhance creativity, improve well-being, and expedite healing – 1001 Water Street incorporates natural materials and access to daylight and vegetation, including
an expansive rooftop terrace, to connect people with nature on a daily basis. Nine double-height exterior terraces will adorn the building’s façade, providing space for tenants to enjoy an indoor/outdoor work experience, while expansive floor-to-ceiling windows will flood the offices with natural light. 1001 Water Street will feature additional outdoor space via a public plaza that connects it to the adjacent University of South Florida’s Morsani College of Medicine. Designed by Nelson Byrd Woltz Landscape Architects, the vibrant plaza embraces regional ecology, encourages community interaction and celebrates place with a large-scale art installation to be created by LED artist Jim Campbell. “We saw a tremendous opportunity to support the city’s growth and provide cutting-edge office space along with the lifestyle and amenities-driven experience that businesses and employees are looking for within the Tampa Bay area today,” said David Bevirt, executive vice president of corporate leasing and strategy for SPP. The start of construction on 1001 Water Street comes on the heels of the recent announcement that Water Street Tampa is the first neighborhood in the world to receive the WELL Design and Operations designation under the pioneering WELL Community Standard. Grounded in an evidence-based approach, a WELL community is designed to promote health and wellbeing across all aspects of community life. Global commercial real estate services firm
JLL is exclusively handling the leasing efforts for 1001 Water Street. Coastal Construction , one of the Southeast’s preeminent construction companies and one of the top 100 construction management companies in the country, is constructing the office tower. Water Street Tampa is a multi-phased, mixed- use community that, upon completion, will include more than 9 million square feet of commercial, residential, hospitality, educational, entertainment, cultural, and retail space, making it one of the largest mixed-use developments in the country. The initial phase of the development will include 1 million square feet of office space across three properties with Water Street Tampa. In addition to 1001 Water Street, Sparkman Wharf offers 180,000 square feet of unprecedented, loft-inspired creative office space to the neighborhood. 400 Channelside will span 500,000 square feet and feature a 30,000-square-foot sky garden that offers diverse spaces for outdoor meetings, informal gatherings, events, fitness activities and more. 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. COOKFOX focuses on biophilic design 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.
CULTURE SETTER, from page 7
TZL: You want high utilization for profitability, but that means employees are fully loaded with assignments. How do you balance growth, utilization, new clients, and new hires? EA: We identify where people’s roles should reside based on their strengths – business development, operations, or technical. We also have some seller- doers who straddle more than one of these roles. We assign utilization goals based on these roles. You have to understand the differences in people and figure out where they can be best utilized. TZL: They say failure is a great teacher. What’s the biggest lesson you’ve had to learn the hard way? EA: You have to balance patience and results. Patience has to be part of the equation. Success doesn’t happen overnight. If you push people too much, they’ll move on. Don’t be impatient. TZL: In one word or phrase, what do you describe as your number one job responsibility as CEO? EA: Culture setting.
Ardurra is committed to investing in its employees and has established a formal leadership training initiative that builds strong bonds across geographies and disciplines, while educating the group on key company goals and processes. Recently, the 2019 Leadership Team participated in a team building ropes course in Miami.
© Copyright 2019. Zweig Group. All rights reserved.
THE ZWEIG LETTER November 11, 2019, ISSUE 1320
Made with FlippingBook Annual report