Channel Club, the long-awaited development in downtown Tampa that includes a Publix Super Markets Inc. store, will be celebrated Friday morning.

Tampa Mayor Bob Buckhorn and the development team behind Channel Club will gather at the site at 1105 E. Twiggs St. at 10 a.m. The project is a joint venture between Tampa's Mercury Advisors and Atlanta-based ECI Group.

Canyon Partners Real Estate, based in Los Angeles, has provided equity financing for the project. Capital One is the lender.

The project has been under construction for several weeks, since ECI and Mercury closed on the financing.

The Channel Club site is one of the last undeveloped parcels in the Channel district. The Publix store is a crucial component of Tampa's ongoing downtown revitalization — having a major grocer in the urban core validates it as a true live-work-play neighborhood.