Downtown continues building its reputation as a high-caliber urban center that features quality residential, commercial, and recreational assets. Hotel development is very active in Downtown Tampa. Le Méridien Hotel and Aloft Hotel both opened in 2014 & 2015. The Downtown Hilton received a $30M upgrade in 2016, and numerous exterior improvements in 2017. HRI Properties purchased the old City Hall Parking Lot for a new two-flag hotel with approximately 345 rooms as a Hyatt Place and Hyatt House. The Waterside Marriott completed a $45M renovation in 2018. Strategic Property Partners (SPP) broke ground on a new 519-room J.W. Marriott Hotel in 2018 and announced the development of a new 5-star Edition hotel with luxury condominiums above. Spring Hill Suites is currently in the development phase of a new 153-room hotel.
General Overview of CRP Update
The City of Tampa is in the midst of updating the original Downtown CRA Community Redevelopment (CRP) plan. This work will take place from Spring 2023 through Spring 2024. Part of the initial conditions assessment of this plan is a community-based survey. This survey will ask a series of questions related to the issues and opportunities in the Downtown CRA area, inclusive of topics like transportation, housing, and private development.