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Tampa: Water Issues

By Stacie Kress Booker
Florida Trend Archives
- APRIL 2000 ISSUE

Tampa Bay
Hernando, Pasco, Pinellas, Hillsborough, Polk counties

When it comes to the issue of water, Tampa wears a regional hat these days. Faced with mandated stoppage of groundwater pumping and the prospect of a water shortage that the Southwest Florida Water Management District says will hit the entire region in 2003, Tampa has little choice but to act regionally.

Groundwater pumping in northern Hillsborough and Pasco counties over the years has caused significant environmental damage. Tampa Bay Water, the governance board comprised of representatives from Hillsborough, Pasco and Pinellas counties, as well as the cities of Tampa, New Port Richey and St. Petersburg, has the task of identifying and bringing new water sources online. It has three projects slated to begin over the next two years:

• An Enhanced Surface Water System involving the Tampa Bypass Canal, the Hillsborough River and construction of a reservoir — a first for the region — in southern Hillsborough County.

• New groundwater wells in Brandon.

• A seawater desalination facility at TECO’s Big Bend plant on Tampa Bay.

Tampa/Hillsborough will host all three projects; it has the natural water resources its neighbors do not. And Tampa also will reap the lion’s share of economic impact from the projects, which combined involve more than $600 million in capital investment and the creation of more than 350 jobs during construction phases. The desalination plant alone will add $10 million to $24 million annually to the Tampa Bay economy.

The Greater Tampa Chamber of Commerce has put its weight behind Tampa Bay Water. The city is making available federal funds from an existing grant for the development of alternative water sources, which will be used to help finance the reservoir project. David Oellerich, president and CEO of Tampa-based Mathews Construction and chairman of the chamber’s water task force, says Tampa’s business community understands the ramifications of a water shortage, from strangling real estate development to scaring away potential business relocations. As a strong growth center, Tampa can’t afford not to take a regional stance. Says Oellerich: “Just imagine the negative effect of having the stigma on our local community of not having enough water.’’

People to Watch

Jack Wilson, president and founder of real estate development firm The Wilson Co., continues to run with the city’s movers and shakers. A past chairman of the Greater Tampa Chamber of Commerce, he’s charged by the chamber with two key tasks this year: coordinating the city’s hosting of the 2001 Super Bowl and spearheading the search committee for a new chamber president.

Hillsborough County administrator Dan Kleman is credited with forming a citizen’s panel, the Committee of 99, which came up with recommendations for the transit needs of Tampa/Hillsborough County. He now faces the task of moving the recommendations through an unfriendly board of county commissioners.

Businesses to Watch

Intermedia Communications, a communication services firm, started the year with a financial vote of confidence from industry and investment powerhouses. New York City-based Kohlberg Kravis Roberts & Co. will invest $200 million to support expansion of Intermedia’s services. Microsoft and Compaq are each investing $50 million in Intermedia’s web-hosting subsidiary, Digex. The company will also move into new headquarters in Tampa’s Highwoods Preserve office park.

Tampa Electric is recovering from a rough year that included a deadly explosion at one of its plants and a federal lawsuit that gave credence to its long-fought moniker as one of Florida’s worst polluters. The lawsuit alleging the company failed to install sufficient pollution control devices at its coal-fired plants was recently settled. The deal: Tampa Electric must pay a $3.5-million fine for breaking the law, spend $1 billion to clean up its Big Bend and Gannon plants and pay for environmental damage, and adhere to strict deadlines. The federal deal supercedes an earlier agreement with the Florida Department of Environmental Protection calling for the cleanup, but which imposed no fines.

Affordability

Butting up to tony Bayshore Boulevard is south Tampa’s most-in-demand neighborhood, Hyde Park, where three bedroom, two-bath homes start at a minimum of $250,000 if you can find one for sale. Realtors say they go fast. This is pushing prospective homebuyers into north Tampa, where you can get more home for your money, but you lose the prestigious address and proximity to downtown and increase your commute. The median price for a three-bedroom, two-bath house is $250,000 in south Tampa and $175,000 in north Tampa. Monthly rent for a two-bedroom apartment averages $1,075 to $1,282.

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