Nearly three acres of public land in downtown Tampa are on the table for redevelopment, including a vacant property beside Water Street Tampa and the Tampa-Hillsborough County Expressway Authority’s (THEA) own headquarters, which the agency is willing to relocate to make room for new construction.
The authority’s board voted Monday, October 26, to narrow the field to three developers, SPP, Hines and Gotham, for the two properties near the Lee Roy Selmon Expressway. Apartments, hotels, offices, retail and mixed-use buildings are all possibilities, with THEA considering proposals to develop either property or both together. The agency could sell the land outright or lease it long-term, collecting rent while keeping ownership…