Tampa-based real estate development firm Strategic Property Partners started construction on the first residential building in Water Street Tampa, the 50-plus-acre downtown mixed-use development.

The dual-tower building, called 815 Water Street, is being built at the intersection of Channelside Drive and Water Street, the heart and spine of the neighborhood.

Expected to open in late 2020, the building’s two towers will rise 21 and 26 stories and comprise 420 rental residences of more than 35,000 square feet of ground-floor retail.

Both towers provide amenity spaces for residents, including an outdoor pool, fitness center, community kitchen, bar, and club lounge situated on the roof levels.

815 Water Street is designed by Kohn Pedersen Fox Associates, while Toronto-based Cecconi Simone has designed the interiors of the building.

In addition to private terraces in each of the 420 residences, the building will feature a beautifully landscaped green roof with lush plantings, designed by Miami-based landscape architect Raymond Jungles. Further, a 25,000-square-foot grocery store will be situated along Channelside Drive.