Strategic Property Partners Announces The Opening of Asher Apartment Tower at Water Street Tampa Mixed-Use Development

TAMPA, FL - Strategic Property Partners, LLC (“SPP”), the developer behind the Water Street Tampa mixed-use development on Tampa’s waterfront, today announces move-ins of its first residents to Asher, the newest collection of rental residences in the 56-acre live-work-play neighborhood. Amenities at Asher include the neighborhood’s largest rooftop pool deck with over 70 lounge chairs, a media lounge and beautifully designed co-working space with private conference rooms. Move-ins and in-person tours are now underway at the building, following a highly successful pre-leasing period.

“Asher represents a new approach to urban living in Tampa, with world-class design, unmatched amenities and a location in the heart of downtown,” said Lee Schaffler, Chief Portfolio Officer for SPP. “We received strong interest in Asher during our pre-leasing phase and are excited to welcome our first residents to the building.”

Designed inside and out by renowned architect Morris Adjmi Architects, Asher offers warm, inviting interiors inspired by Tampa’s industrial history. The thoughtfully designed homes range from studio to two-bedroom residences and feature Fisher & Paykel appliances, Caesarstone quartz countertops, subway tile backsplashes and custom Morris Adjmi-designed vanities. The 22-story building features oversized industrial windows that maximize natural light and a custom art collection with over 40 pieces curated by Adjmi’s team that showcases works by national and international artists.

Asher features an extensive collection of amenities and includes Water Street Tampa’s largest rooftop pool deck, complete with cabanas, outdoor kitchens, an indoor-outdoor bar and an entertainment lawn. Asher also boasts a state-of-the-art fitness center with indoor and outdoor spaces, entertainment and media lounges, and a co-working space with private conference rooms. These amenities offer a vibrant, inclusive spirit built around shared social experiences and reflect the building’s name, which is derived from ash trees — symbolizing creative expression, productivity, strength and longevity — and the Hebrew word for happy.

Through a collaboration with SPP, national hospitality operator Method Co. will service the building’s extensive suite of amenities, including a 24-hour concierge. Residents will enjoy a highly curated lifestyle experience designed to foster community. Method Co. is also opening ROOST Tampa, an elevated extended-stay hotel option with move-in ready studio, one- and two-bedroom homes at Asher. ROOST Tampa is expected to open in early summer.

Located along Water Street, the neighborhood’s namesake and main thoroughfare, Asher places residents in the center of a vibrant live-work-play neighborhood with everything they need at their fingertips. Asher will offer dynamic retail on the ground floor — including the first Florida location of international Asian-inspired restaurant brand, Wagamama — and will open onto the newly redesigned Water Street, which will be lined with a 45-foot-wide sidewalk shaded by an extensive tree canopy and programmed with retail. The development also provides residents with convenient access to the city’s best cultural, dining and entertainment options, including the Tampa Riverwalk, Amalie Arena, the Florida Aquarium and Sparkman Wharf, Water Street Tampa’s popular waterfront dining, office and community gathering destination.

Reflecting the wellness and sustainability-oriented vision for Water Street Tampa — the world’s first WELL Pre-certified Community and LEED Silver certified for Neighborhood Development Plan — Asher is pursuing LEED certification and will feature amenities and programming designed to boost well-being.

Management of Asher is handled by ZRS Management. Suffolk Construction, nationally known for its innovative construction practices, served as general contractor.

Strategic Property Partners: Strategic Property Partners, LLC (“SPP”) is a partnership between Cascade Investment LLC, and Jeff Vinik. SPP is a full-service commercial real estate development firm focused on world-class execution, innovation and creating high-quality and experiential places. SPP’s first project, Water Street Tampa, is being developed on over 56 acres of contiguous waterfront land the company controls in downtown Tampa. The phased Water Street Tampa development project is revitalizing a currently underutilized tract of land into an urban, mixed-use waterfront district consisting of approximately nine million square feet of new commercial, residential, hospitality, cultural, entertainment, education and retail uses, totaling over $3 billion in private investment from SPP. Integrating principles of walkability, sustainability, connectivity, design quality and wellness, SPP is developing and will own and operate this new world-class neighborhood in Tampa, while also working to elevate the city’s national prominence.

For more information on Water Street Tampa, visit www.waterstreettampa.com

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