Monday Morning Memo

Monday, August 28, 2017

Partnership Presents

Executive Profile

The following is an excerpt from the Tampa Hillsborough EDC’s Investor Spotlight which first appeared in the August eNews on August 24. “Christine Burdick was chosen as the CEO and president of the Tampa Downtown Partnership in April 2002. She previously worked for Chicago Mayor Richard Daley, helping to revitalize the city’s downtown, and in Miami Beach, directing the regeneration of Lincoln Road. She brings more than 30 years of experience in retailing and urban development to foster the sense of community in Tampa’s downtown and work on exciting new projects to enhance the district.” Read the full interview here.

Downtowner Reaches Another Record

On August 18, Downtowner hit a new record in rides completed and passengers in a single day! Prior to the Chevrolet Bolts hitting the streets on August 2, 2017, the average rides completed ranged in the 300s with an average wait time of 25 minutes. With the addition of the Bolts, rides completed have raised to 500 a day with a wait time under 20 minutes. Additionally, Downtowner vehicles are now able to serve 800 passenger daily – 300 more than before August 2. Riders have another reason to celebrate with the contract for Downtowner being renewed for year two. Download the app and ride for free for another year!

Downtown Development Map

Tampa Downtown Partnership is committed to being the leader in information about Downtown Tampa . Cranes dot the skyline of Downtown Tampa and we want you to be in the know of what is being developed and what is planned to come, so we’ve put together this map to keep you in the know. Looking for other resources like dining options and where to get a Coast Bike? Check out our interactive map at TampasDowntown.com. We also pride ourselves in keeping track of the most accurate Downtown population demographics and interests with the help of the Tampa Hillsborough EDC and HCP Associates.

Downtown Guides’ Labor Day Hours

In observation of Labor Day (September 4), Tampa’s Downtown Guides will be on duty from 8am – 5pm.  Should you require Guides’ assistance, please call 813-267-2220.  You may recognize our Downtown Guides in their yellow t-shirts, friendly faces, and pith helmets. They are always ready to provide restaurant suggestions, directions, stranded motorist and bicycle assistance, as well as parking and event information. The Tampa Downtown Partnership’s office will be closed on Labor Day.

Hurricane Harvey: How to Help

Southeastern Texas has been pummeled with unprecedented flooding this weekend after the arrival of Hurricane Harvey, leaving thousands of residents stranded and in need of help. If you have the means to help, here are a few organizations that are accepting donations to help fund relief.
American Red Cross: The American Red Cross, a humanitarian organization that provides emergency assistance and disaster relief in times of crisis, and is seeking donations to help victims of Harvey. The organization is urging people to call 1-800-RED CROSS or text HARVEY to 90999 to make a $10 donation for those in need.
Salvation Army Emergency Disaster Services: Salvation Army Emergency Disaster Services is the disaster relief arm of the Protestant charitable organization, and it is taking donations to help victims of Harvey.
Austin Pets Alive!: Austin Pets Alive! is an animal shelter and no-kill pet advocacy group seeking assistance to help with pets, following the onset of the storm, and has created a page on its website specific to Hurricane Harvey-related needs.

Your Downtown Calendar

The following is just a sample of upcoming events in Downtown Tampa.  Visit the Downtown Tampa Events Calendar for a more comprehensive list. Going to one of the events? Snap a photo and tag #UrbanInsiderTPA

Tampa Salsa Bachata Festival

Friday, September 1 to Monday, September 4
Hilton Tampa Downtown
The top Salsa & Bachata dance artists in the world will be performing and teaching. This event is all about the music! DJs from the best of both genres will be on hand, and they will provide an entire weekend of non-stop dancing. For more information, go to Tampa Salsa Bachata Festival.

Bucs Squad for Youth

Saturday, September 2, 10am to 2pm
Glazer Children’s Museum
Football season is upon us! Kick off the most wonderful time of the year with Tampa’s team! The Bucs street team will host pigskin-themed events and fun activities throughout the day while celebrating the return of football. For more information, go to Bucs Squad for Youth.

Summer of Rum Festival

Saturday, September 2, Noon to 4pm
Curtis Hixon Waterfront Park
This festival features all your favorite summer time drinks! Try a variety of rums and mixed drinks while enjoying island-themed entertainment that will keep you dancing all day! Shaggy and the Baha Men will perform live. For more information, go to Summer of Rum Festival.

Taking the Stage at the Straz Center

The Flick – Wednesday, August 30 to Sunday, September 24
I Think She’s the One – Friday, September 1, begins 7:30pm

On the Marquee at Tampa Theatre

Menashe (2017) – Through Thursday, August 31
I Do… Until I Don’t (2017) – Friday, September 1 to Tuesday, September 5
I Dared You! Truth or Dare 5 (2017) – Friday, September 1, 10:30pm to Midnight
Metropolis (1927) – Sunday, September 3, 2pm to 4:30pm

This Week at Amalie Arena

Ed Sheeran – Tuesday, August 29, begins 7:30pm
Kendrick Lamar – Friday, September 1, begins 7:30pm

Doing Business in Downtown

Retail Spotlight: Salon 1.0

Studio K Spa Salon, located just north of the corner of Morgan and Kennedy, is a popular spot for spa services and pole dancing fitness. Now, owner Trina Glenn has opened the Studio K Soap and Bath Boutique, filled with luxurious soaps, oils, bath bombs, and creams. All products are made from natural sources. Inspiration came from Studio K clients who repeatedly asked to take home the products used. Mark your calendar for a Grand Opening Day Party on September 14, from noon to 5pm, with an evening celebration will follow. 

Marketplace News

1895 Kitchen – Bar – Market opens this week on August 30! The Franklin’s owners are opening this new restaurant that will feature a Market serving Urban Juice and healthy grab and go meals, a bar featuring hand-made cocktails and local breweries, and a kitchen specializing in real southern comfort food.

Wasa Asian Cuisine is the new name of the former Original Chicken Station, serving lunch and dinner with a refreshed menu of Chinese, Hibachi, and Thai selections. 

Waterworks Bar & Grill at the Barrymore Hotel offers hospitality employees 50% off all beverages and an extended happy hour menu every Tuesday night. Must present employee ID or business card to show hospitality industry affiliation.

Caffe Fresco Marketplace now sells one of Downtown’s favorite pop-up bakeries, Nothing Bundt Cake. 

The Tampa Downtown Partnership will hold its next Merchant Meeting for all downtown storefront business owners and managers at 3pm on September 26 at The Great Escape Room. Storefront businesses are encouraged to attend to learn about upcoming events and networking with other downtown businesses. RSVP to aruth@tampasdowntown.com 

Help Buckhorn Finish Strong

With less than two years to go,  the mayor is reaching out via a survey to ask residents what they want him to focus on before he is term-limited out of office on April 1, 2019. This is not the first time Buckhorn has sought feedback on something. Public brainstorming sessions were part of the planning for his InVision Tampa plan for Downtown and the urban core, Julian B. Lane Riverfront Park and the ongoing study of possible changes to the TECO Line Streetcar. Take the survey.
“Bob Buckhorn, A Mayor Who Knows What He Wants, Surveys Constituents On What They Want”Tampa Bay Times

The Hall on Franklin Investor Profile

Bringing together some of the biggest names in the city’s food scene in an up-and-coming historic neighborhood, Jamal Wilson is the investor behind the Hall on Franklin. The Hall is a “restaurant collective” that combines the convenience of full-service dining with the treasure hunt experience of a traditional food hall. It’s slated to open by the end of August. A self-proclaimed Pinterest and Houzz addict, Wilson obsessed over the details at the Hall — the Lucite doorknobs, the oversize chandeliers, the mahogany leather sofas. Design has been an interest of his since his house-flipping days, when he’d choose more expensive finishes over builder-grade basics, putting pride ahead of profits. Read the full profile, written by Ashley Gurbal Kritzer at the Tampa Bay Business Journal.

Riverwalk Tower Legal Suit

Riverwalk Tower, the 53-story mixed-use tower proposed on the downtown Tampa waterfront, is ensnared in a legal battle between the partners who were jointly pursuing the development. Intown Group, the residential developer in the project, has sued Feldman Equities LLC, which is handling the office portion of the tower, over a breach in contract. It is seeking unspecified damages, costs and prejudgment interest, according to a lawsuit filed Thursday in Pinellas County circuit court. Intown alleges in its complaint that Feldman Equities has taken control of the residential portion of the tower, making decisions and changing previous design choices.
Developers Of 53-Story Riverwalk Tower In Downtown Tampa Entangled In Legal Fight”Tampa Bay Business Journal

Development and Transportation

Manor Riverwalk Breaks Ground

Last Wednesday, officials gathered for the official groundbreaking of Manor Riverwalk, the 400-unit luxury apartment building where the Tampa Tribune once stood. Work already is well under way, with concrete pilings soaring skyward as the eight-story L-shaped complex starts to take shape. When it is finished in early 2019, Manor Riverwalk will be part of a massive redevelopment of Tampa’s long neglected west bank that includes the Julian B. Lane Riverfront Park and a $750 million mixed-use project for which Related Group is lead developer. The building will have three wings stretching east and a center wing that will appear to float over a pool and covered deck. Amenities include three courtyards, a fitness center and separate garage. Related saved an historic grand oak on the site as well as well as the sign of the Tampa Tribune, which chronicled its city for nearly 140 years before ceasing publication in 2016.
“Related Group Breaks Ground On Complex At Old Tampa Tribune Site” –  Tampa Bay Times

Water Street Tampa Releases New Images

Strategic Property Partners has revealed the conceptual design of the first phase of its mixed-use district — and it’s essentially a new, tree-lined city between the Channel district waterfront and the central business district. SPP, the real estate holding company controlled by Tampa Bay Lightning owner Jeff Vinik and Cascade Investment LLC, rolled out a fly-through video and conceptual images of Water Street, which is slated to break ground in early 2018. It is the most significant visual update SPP has provided on the district to date.  The development is over 53 acres, 13 of which are reserved for parks and public spaces.
Vinik-Cascade Team Reveals Conceptual Design For Water Street Tampa (Renderings)” – Tampa Bay Business Journal

Options for Getting Around Tampa

Getting you from point ‘A’ to point ‘B’… Whether you live in Pasco, Pinellas or Hillsborough counties, Floridians are looking for the fastest, most efficient way to get around Tampa Bay.  Options are key. People want alternatives to driving and sitting in traffic.  This study, called the Regional Transit Feasibility Plan, gets people closer to that reality. Two  community workshops were last week, with the last one happening Tuesday, August 29 in Pinellas.  Engineers want to turn this study around quickly.  They hope to narrow down the best options for the Tampa Bay area by January, then spend a few months vetting those plans and be ready to present something next fall. The engineers will then to try to get state and federal money for the projects.
County Leaders Exploring New Options To Navigate Around Tampa Bay Area”Channel 10 News

Vision Zero: Making Roads Safer

Local planners presented an action plan last Tuesday at the Tampa Theatre during the fourth local workshop of the Vision Zero Coalition — a national campaign to eliminate deaths and serious injuries caused by traffic. The Hillsborough Metropolitan Planning Organization spearheaded the plan and established the coalition, which includes officials working in local city and county transportation, public safety, health and education, as well as business partnerships and hospitals. Most of the actions in the plan are slated to start by the end of the year and wind up in 2019.
Vision Zero Strategy For Safer Hillsborough Roads: Repaint, Narrow Lanes, Educate”TBO.com

Tampa Forum Favors Light-Rail

More than 70 residents and business owners attending a public forum on rapid transit appeared to agree at least on one thing Thursday: They like light rail and dedicated bus lanes to move people through congested Hillsborough County. So far, the consultants see the best rapid transit solution as a “rubber tire” system — buses and automated vehicles traveling along dedicated lanes — connecting commuters from Wesley Chapel and St. Petersburg to points in between. The next best solution would connect downtown Tampa and the USF area via rubber tire options or light rail. During the forum, people viewed a series of exhibits that explained the routes, modes of transportation and potential costs. Although opinions were scattered, the highest number of votes were for light rail systems throughout Hillsborough County.
“Tampa Forum Favors Light-Rail, Dedicated Bus Lanes As Mass-Transit Solutions”Tampa Bay Times

Member Corner

Why the Arts Mean Business

Learn about the economic impact of the arts, including tourism and employment, in Hillsborough County and across the nation. The Arts Council partnered with Americans for the Arts over the past two years to complete Arts & Economic Prosperity 5 (AEP5), the most comprehensive study of the impact of the nonprofit cultural sector ever conducted. Funding for the local AEP5 study was provided by the Hillsborough County Economic Development Department and the Gobioff Foundation. ​Attend the Big Reveal at 8am on Thursday, September 14 at the Tampa Theatre. More information and to RSVP.

The Straz is Hiring

The Straz Center is accepting applications for a Community Programs Coordinator, reporting to the Community Programs Manager. The Community Programs Coordinator is responsible for supporting the mission of the Straz Center and Patel Conservatory through community connections and administrative support of the Manager of Community Relations. This role is also responsible for preparing for the Conservatory’s accreditation visit and coordination of professional development. View the full job description.

Investors Eye THEA Bonds

A $157 million bond sale to finance an extension of the Lee Roy Selmon Expressway in south Tampa was met with overwhelming interest from investors. There were more than $1 billion in orders for the offering, or about six times the total value of the bonds that the Tampa Hillsborough Expressway Authority offered for sale. The bonds will pay for construction of the Selmon West Extension, which includes building an elevated roadway without traffic signals over Gandy Boulevard from the Gandy Bridge to Dale Mabry Highway. The project, with a total cost of about $230 million, will give drivers a direct connection to the Lee Roy Selmon Expressway, alleviate congestion on Gandy and create greater capacity and access to neighborhoods and businesses.
“Why Investors Want To Put Their Money Into Selmon Expressway Bonds” Tampa Bay Business Journal

Hillsborough County Wants You Prepared

With tropical weather swirling in the Atlantic Ocean and Gulf of Mexico, it’s time to review your plan in case a big storm heads this way. Hurricanes are most likely to occur from mid-August through mid-September, with the season peaking on Sept. 10. Officially, the season runs from June 1 through Nov. 30. Authorities want you and your family to be ready. Find a complete rundown of steps to take now, from putting together an emergency kit, to signing up for the County’s emergency alert system, to preparing for your pet during an evacuation.

Around Town

City Launches Road Closure Map

In an effort to streamline road closure announcements, the City of Tampa has launched a dynamic map which will be updated as needed with road closures. The Public Road Closure Map is now available on their website at www.tampagov.net/RoadClosures.

Bay Area Walmarts Offer Delivery

Wal-Mart Stores Inc. is offering grocery delivery via Uber in four test markets — including five Tampa Bay stores in Tampa, Oldsmar, Brandon, and Gibsonton. The Uber deliveries require a $30 minimum order, and there is a $9.95 delivery charge. Florida is a major focus for Walmart; the company is investing $450 million here to ramp up both ecommerce and physical stores — and take direct aim at Lakeland-based Publix Super Markets Inc. and Amazon.com. Piloting the service in Orlando and Tampa puts Walmart squarely in the backyard of Lakeland-based Publix, which is Walmart’s biggest grocery competitor in Florida.
Walmart Will Pilot Uber Grocery Delivery In Tampa”Tampa Bay Business Journal

Enterprise Florida Won’t Change

Expect little change in direction of the state’s business-recruitment agency under its new management. Pete Antonacci, a former general counsel for Gov. Rick Scott who was appointed last month as president and CEO of Enterprise Florida, said he intends to maintain the goals of the agency’s board, which is chaired by the governor. Antonacci was formally named president and CEO on July 24 after two years at the helm of the South Florida Water Management District.
“Enterprise Florida Won’t Change, New Chief Antonacci Says” –  Orlando Sentinel

Moody’s Rates TIA Aa3

A major ratings agency has affirmed its strong ratings on revenue bonds issued by the Hillsborough County Aviation Authority for Tampa International Airport. Moody’s Investors Service has affirmed the Aa3 rating on the authority’s general airport revenue bonds and the A1 subordinate revenue bonds. The ratings agency also said the outlook is stable, reflecting “the expectation that there will be no major deterioration of the rental car market, transaction days will remain at current levels, and debt service coverage ratios will continue to meet the projected levels.” Moody’s also looked at the added flights, surrounding development, and overall economic outlook for the Tampa market.
Tampa International’s Added Flights, Master Plan Progress Show Up In New Moody’s Report”Tampa Bay Business Journal

Tampa Bay Appeals to Billionaire

Jorge M. Perez and his Related Group are bullish on Tampa Bay. How bullish? Some $350 million worth. Perez was in Tampa on Wednesday for the official groundbreaking of Manor Riverwalk, Related’s 400-unit luxury apartment project where the Tampa Tribune once stood; and a visit to the site of Town Westshore, where Related plans 396 apartments in the Westshore Marina District near the Gandy Bridge. The company also expects to start construction in September on the 368-unit Icon St. Petersburg in the city’s Edge District, and is lead developer on Tampa’s $750-million West River redevelopment. Read the full interview conducted by the Tampa Bay Times.

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Monday Morning Memo –Monday Morning Memo is a weekly update of “insider downtown information” regarding developments, transportation, special opportunities and other useful information to help you make the most of downtown. Subscribe to receive this weekly newsletter.

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