{"id":348898,"date":"2025-12-18T09:10:00","date_gmt":"2025-12-18T14:10:00","guid":{"rendered":"https:\/\/www.cltampa.com\/?p=348898"},"modified":"2025-12-18T10:04:47","modified_gmt":"2025-12-18T15:04:47","slug":"water-street-tampa-owners-want-to-build-a-3500-capacity-venue-across-from-benchmark-international-arena","status":"publish","type":"post","link":"https:\/\/www.cltampa.com\/music-2\/water-street-tampa-owners-want-to-build-a-3500-capacity-venue-across-from-benchmark-international-arena\/","title":{"rendered":"Water Street Tampa owners want to build a 3,500-capacity venue across from Benchmark International Arena"},"content":{"rendered":"\n
\"bird's-eye
Rendering of a new 3,500-venue proposed for downtown Tampa. Credit:<\/span> c\/o Strategic Property Partners<\/span><\/figcaption><\/figure>\n\n\n\n

The Tampa Bay area\u2019s live music scene<\/a> will soon get a much needed mid-size venue that can host 3,500 fans. This afternoon, Strategic Property Partners (SPP), primary owners of Water Street Tampa announced plans to build a massive complex across the street from the recently-renamed Benchmark International Arena.<\/p>\n\n\n\n

The still-unnamed venue will be privately-financed, according to a press release, which added that the development will also include a 250-room hotel, 1,000 parking spaces , plus 100,000 square feet of retail, dining and entertainment.<\/p>\n\n\n\n

SPP, which will partner with Vinik Sports Group (VSG) to manage the venue, expects to break ground on the project in 2027.<\/p>\n\n\n\n

\"n
A new Tampa venue is proposed for a vacant lot between Morgan and Jefferson Streets and the Selmon Expressway. Credit:<\/span> Screengrab via Google Maps<\/a><\/span><\/figcaption><\/figure>\n\n\n\n

The project\u2014proposed for a vacant lot between Morgan and Jefferson Streets and the Selmon Expressway\u2014fills a void in the Bay area music scene, which does not have a venue this size.<\/p>\n\n\n\n

VSG already owns or operates two arenas\u2014Yuengling Center and Benchmark (capacities of approximately 10,000 and 20,000 respectively)\u2014and there are several venues that can host around a couple thousand (Ruth Eckerd Hall, Jannus Live). Carol Morsani Hall at the David A. Straz Center for the Performing Arts holds about 2,600 seats.<\/p>\n\n\n\n

The press release added that, \u201cthe venue is expected to attract more performers to downtown Tampa and give fans more opportunities to experience live music, immersive experiences, and intimate shows designed for this scale.\u201d<\/p>\n\n\n\n

Tampa Mayor Jane Castor. \u201cIt strengthens tourism and creates new experiences for residents and visitors, all within steps of the Riverwalk and Convention Center.\u201d<\/p>\n\n\n\n

A rep for the proposed venue told Creative Loafing Tampa Bay that Live Nation is not a partner in the financing or ownership of the venue, adding that diverse programming will be led by VSG.<\/p>\n\n\n\n

Last summer, the global concert giant\u2014which is at the center of an antitrust probe by the Department of Justice<\/a>\u2014shared plans to spend $1 billion<\/a> opening or breaking ground on 18 venues across the country including a 3,500-seat concert and events venue in downtown Orlando\u2019s Westcourt development.<\/p>\n\n\n\n

Last month, the promoter, which works with Benchmark and Yuengling Center to help book shows, posted $8.5 billion in Q3 revenue<\/a>\u2014all while a report from the National Independent Venue Association (NIVA)<\/a> detailed how a majority of smaller mom-and-pop venues are on the verge of extinction<\/a> despite collectively generating $153 billion in economic output collectively. <\/p>\n\n\n\t\n\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\"From\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/figure>\n\t\t\n\t\t
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From tiny to giant, here are seven Tampa Bay music venues to visit this summer<\/a><\/h2>\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t<\/a>\t\t\t\t\t\t\n\t\t\t\t\t\t\tby<\/span> Ray Roa<\/a><\/span>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t

In 2023, CL detailed how the Bay area music scene was alive and well, but faced significant challenges<\/a>.<\/p>\n\n\n\n

Tom DeGeorge, Southeast Director for NIVA told CL that he hopes new venue operators will lean into independent to help program the room, but assumes that Live Nation will run the show.<\/p>\n\n\n\n

The rep for Tampa’s proposed new venue told CL that, “While the full programming strategy is still being finalized, there is an intention to work with a range of partners and promoters to ensure the venue attracts a broad mix of acts and experiences.”<\/p>\n\n\n\n

NIVA\u2019s report, DeGeorge noted, said while Florida ranked in the top three in nine of 10 categories related to independent concert venues\u2019 effect on the local economy, including employment and tourism\u2014\u201dmonopolization, corporate development and predatory ticketing practices\u201d have rendered 65% of indie venues unsustainable.<\/p>\n\n\n\n

\u201cI would hope that our city leadership as well the developers in this case looks towards local, but unfortunately, based on everything I\u2019ve seen in the way we operate, I\u2019m not quite sure that\u2019s something that we should count on or if there\u2019s enough people that believe it\u2019s worth fighting for anymore,\u201d he added.<\/p>\n\n\n\n

Once open, Tampa\u2019s new 3,500-seat venue would join similarly-rooms in Los Angeles (Dolby Theatre), Philadelphia (Metropolitan Opera House), Boston (Roadrunner), and Chicago (Salt Shed).<\/p>\n\n\n\n

\"A
Rendering of a new 3,500-venue proposed for downtown Tampa. Credit:<\/span> c\/o Strategic Property Partners<\/span><\/figcaption><\/figure>\n\n\n\n
\"A
Rendering of a new 3,500-venue proposed for downtown Tampa. Credit:<\/span> c\/o Strategic Property Partners<\/span><\/figcaption><\/figure>\n\n\n\n
\"A
Rendering of a new 3,500-venue proposed for downtown Tampa. Credit:<\/span> c\/o Strategic Property Partners<\/span><\/figcaption><\/figure>\n\n\n\n

UPDATED<\/strong> 12\/18\/25 9:30 a.m. Updated with comment saying Live Nation is not a financer or owner of the venue.<\/em><\/p>\n\n\n\n

\n\n\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

Tampa developers want to build a 3,500-seat music venue across from Benchmark International Arena.<\/p>\n","protected":false},"author":2203,"featured_media":348903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","apple_news_api_created_at":"2025-12-18T14:10:12Z","apple_news_api_id":"8cc7e311-cd34-4431-9664-851ce7382ee9","apple_news_api_modified_at":"2025-12-18T15:04:52Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAACA==","apple_news_api_share_url":"https:\/\/apple.news\/AjMfjEc00RDGWZIUc5zgu6Q","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"newspack_collection_is_cover_story":false,"newspack_collection_post_order":0,"_newspack_byline_active":false,"_newspack_byline":"","newspack_featured_image_position":"hidden","newspack_post_subtitle":"The parking lot across the old Amalie would also include a 250-room hotel, retail and parking.\n","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,61,135381,55],"tags":[],"newspack_collection_taxonomy":[135791],"newspack_collection_section":[],"newspack_spnsrs_tax":[],"coauthors":[91],"class_list":["post-348898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music-2","category-music-news","category-tampa-bay-journalism-project","category-tampa-bay-news","entry"],"apple_news_notices":[],"yoast_head":"\nWater Street Tampa owners want to build a 3,500-capacity venue across from Benchmark International Arena - 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