TAMPA, Fla.—Port Tampa Bay announces that at today’s special meeting of the port’s board of commissioners to consider the future of Channelside Bay Plaza, the board pre-approved the proposal of the firm of CBP, LLC, to put together a thorough plan to redevelop and revive the entertainment facility, with the goal of bringing people, jobs and economic development to this very important asset along downtown Tampa’s waterfront.
If CBP, LLC is accepted as the winner at the July 2 auction by the Irish Bank Resolution Corporation (IRBC), then the next step will be to seek approval by the U.S. Bankruptcy Court, in Delaware, on July 15.
“We are extremely excited to be able to move forward with Channelside and work with a developer that will breathe new life into the complex and connect it to the other world-class attractions in the Channel District,” Paul Anderson, Port Tampa Bay president and CEO, said. “The community and its citizens deserve a top-notch entertainment venue for many, many years to come.”
About Port Tampa Bay
Port Tampa Bay is Florida’s largest port and the largest economic engine in west central Florida, supporting nearly 80,000 jobs and generating almost $15 billion in annual economic impact. In addition to being a top 10 U.S. cruise port, the port handles a wide array of bulk, break bulk, containers and roll-on/roll-off cargoes, and is a major shipbuilding and repair center. The port was recently voted “Simply the Best” for world-class customer service in a Logistics Management Magazine reader poll. For more information, visit www.portTB.com.