TAMPA - The Channelside District prepares for a new attraction as Tampa City Council moves forward with the Wheel Over Water project, also known as WOW!

What we know:

The observation wheel will be 250 feet tall with a panoramic view of downtown Tampa. Similar attractions are featured in major locations like Las Vegas, Orlando, Japan, and Dubai.

Tampa Bay Wheel LLC has invested $20 million into this project. They are proposing the wheel to be built in the parking lot across from the cruise port, next to the Florida Aquarium.

Since the company plans to ship an existing wheel from Munich to Tampa, operations will start one year post approval.

The wheel will contain 27 climate-controlled gondolas.

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