As far back as 2014, Vinik, the Tampa Bay Lightning owner, has had his eye on redeveloping a swath of the city’s downtown surrounding his hockey team’s arena. In mid-2017, Strategic Property Partners, a joint venture between Vinik and Bill Gates’ Cascade Investment, announced a $3 billion redevelopment plan for the area. The project, Water Street Tampa, is slated to include luxury apartments, hotels, stores and restaurants catering to Tampa’s growing millennial population.