TAMPA, Fla. (WFLA) — A real estate developer released new renderings to show their plans for the expansion of Water Street Tampa Monday.

According to Strategic Property Partners, the expanded development will include “a residential condominium building, a build-to-suit trophy office complex and an entertainment destination” near Amalie Arena.

The developers said the condo and office buildings will be on extension of Water Street north of the 900 and 1000 blocks of Cumberland Avenue.

The entertainment destination — which will include a hotel, an event parking garage, and other entertainment-oriented features — will be located north of Amalie Arena between South Morgan Street and South Jefferson Street.

“We look forward to capitalizing on the energy and draw of Amalie Arena while creating a preeminent retail and entertainment destination for the Tampa region,” said CEO of SPP Josh Taube. “This dynamic project, complete with new restaurants, retail, live performance venue, and a hotel, will build on the vibrant atmosphere at Amalie Arena by providing a complementary and unique experience.”

According to SPP, the new condo building will be the tallest building on Water Street Tampa.

Other plans for the expansion of Water Street Tampa include more green spaces, open air markets, and outdoor concert venues.

Road and utility infrastructure work has already started and is expected to be finished by spring 2025, which is expected to allow for better connectivity for vehicles and pedestrians between downtown Tampa and Ybor City.

You can read more about the development’s progress here.