Condominiums are selling fast at a new tower coming to downtown Tampa.
The 42-story One Tampa, located across the street from Curtis Hixon Park, logged $200 million in sales in four months, making it one of the fastest-selling projects for development firm Kolter Urban, according to a news release. It’ll be one of Tampa’s tallest skyscrapers once built.
But a majority of the buyers for One Tampa condos aren’t from out of state, according to Kolter Urban. They’re locals.
About 65% of condo buyers live within 10 miles of the building’s address at 507 N Ashley Dr., according to the developer.
There’s a lot of pent-up demand for luxury condos in downtown Tampa, said Brian Van Slyke, regional president of Kolter Urban’s Florida’s West Coast. South Florida-based Kolter Urban has worked on other local projects, such as One St. Petersburg, Saltaire and Central Avenue’s Art House.
“There’s been the Edition, but that’s an ultraluxury boutique offering,” Van Slyke said. “We’re really the first condo luxury offering in the downtown market in quite some time.”
Combining architecture of old and new
The building was originally set to be the tallest building in Tampa — and Florida’s Gulf Coast — at 633 feet, or 54 stories tall. But not anymore.
Kolter Urban scaled back after concerns from the Hillsborough County Aviation Authority over building cranes that could be a hazard to flights in and out of Tampa International Airport, city records show. Now, One Tampa is set to be about 495 feet.
Tampa’s current tallest building, at 579 feet, is 100 North Tampa, formerly known as the Regions Building.
One Tampa’s architecture will mix a bit of old Tampa and the new as part of a compromise for demolishing two historic buildings.
The two buildings — a 1912 Tarr Furniture Co. and an 1895 hotel where Clara Barton once stayed — were razed earlier this year after state officials denied preservationists’ attempts to grant them historic landmark status. Kolter Urban claimed the buildings were too expensive to restore.
Instead, the firm will build the bottom five floors on the north and east side to look like the furniture store believed to be designed by the architects behind Tampa’s Old City Hall and Centro Asturiano building. One Tampa was designed by Fort Lauderdale-based Adache Group Architects.
“We really enjoy the real progressive, modern style and incorporating the brick facade, kind of a nod to Tampa’s past,” Van Slyke said.
One Tampa will also have a restaurant and storefronts on the ground floor with 5,000 square feet of retail and restaurant space facing Ashley Drive.
F1 simulations and a private restaurant inside
The building will have 225 condos and will be open by 2026.
The top three floors will offer two-story estates and a floor of four three-bedroom penthouses. Every condo will have floor-to-ceiling glass windows and private balconies overlooking the Riverwalk or downtown’s skyline. Rooms start at $1 million and range from 1,100 to 4,000 square feet.
Some of the penthouses and estates have already been bought, and the most expensive unit so far sold for $6 million, Van Slyke said.
One Tampa will also feature exclusive amenities for residents.
There’ll be a game room where residents can play F1 driving and golf simulations. Also included will be a theater room, a social clubroom with a bar, indoor and outdoor fire pits, a swimming pool, fitness center, yoga and spin studio and a pet park.
Residents will also be able to book conference rooms, private phone booths, workspaces and a business balcony.
“We got a little bit of everything for everyone. You may not ever want to leave,” Van Slyke said. “There’s going to be plenty to do.”
One of its most unique features will be a private restaurant for residents.
Condo owners can order breakfast, lunch or dinner from a kitchen on the 11th floor. The menu will offer grab-and-go breakfast and coffee in the morning and then sandwiches, pastas, bowls, pizza and more later in the day.
“It’s really a very attractive project with all that it offers, the highly amenitized lifestyle plus in a very walkable location with great views of downtown and the water all around,” Van Slyke said. “So it’s just a very unique, special offering combined with the pent up demand that’s really driven our early success.”