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Pendry Residences Tampa celebrates $230 million in sales during groundbreaking

sunset over looking the bay from the 37th floor of an apartment tower

Pendry Hotels & Resorts has partnered with Two Roads Development and announced plans for Pendry Tampa, a hotel and residential development now under construction in the center of the dynamic Tampa Riverwalk. This is set to be Tampa’s new gold-standard hotel and will redefine luxury living in the city.

The newest Pendry property will include 220 guestrooms and 207 Pendry Residences. Pendry Tampa will be located in the center of the city’s acclaimed Tampa Riverwalk, a nearly 2.6-mile-long waterfront pathway that links booming Tampa Heights and the emerging Water Street Tampa neighborhoods. The Riverwalk is the connective tissue of Tampa for food, fun, and entertainment. Its location near the Riverwalk also situates the hotel and Residences within walking distance of the top annual events in the city.

The development team announced that they have reached the milestone of more than $230 million in sales of condominiums at Pendry Residences Tampa, including sales of several dozen residences in the last few months. 

“Tampa’s reputation as an exciting entertainment, business, and innovation destination is growing quickly around the country and beyond,” said Michael Fuerstman, Co-Founder, of Pendry Hotels & Resorts. “We are pleased to see construction well underway for this tremendous hotel and residential development and look forward to bringing Pendry to the city.”

Florida meets California at Pendry along the Riverwalk

Drawing design inspiration from Pendry’s California roots, Pendry Tampa will offer a “modern coastal California meets Florida” design aesthetic, rooted in traditional and cultural layers, with floor-to-ceiling windows showcasing expansive views of the water, light wood tones, lush greenery, and subtle accents of Gulf Coast style throughout.

“Construction activity on site is moving into an exciting new phase, with foundation drilling well underway,” said Reid Boren, Managing Partner, Two Roads Development. “Luxury hotels paired with hotel-serviced condominiums such as this are raising the level of hospitality and residential living across the country, and we are thrilled to help add this destination to the vibrant and growing Riverwalk in downtown Tampa.”

Guests and residents will enjoy a food and beverage program that caters to diners looking to lounge in the warm Florida weather. Coastal cuisine, tropical cocktails, and glorious sunset views are all on the menu.

Pendry is set to feature resort-style amenities such as a rooftop pool and lounge, and Spa Pendry — featuring eight treatment rooms and a state-of-the-art fitness center. Complete with more than 11,000 square feet of meeting space, the hotel will be an exciting new destination for locals, groups, and leisure visitors.

Resort-style amenities and an amazing restaurant planned

“Pendry has long aspired to have a presence in Florida as a coveted destination among our guests and residential owners. We look forward to introducing Pendry’s signature style of service and innovative guest experiences to this thriving city,” said Alan J. Fuerstman, Founder, Chairman, and CEO of Montage International.

Located on the highest floors of the hotel, Pendry Residences will offer fully serviced living with modern-designed homes ranging from one to three bedrooms featuring expansive floor-to-ceiling windows and private terraces, starting in the $1 millions.

Pendry Residences Tampa homeowners will have exclusive access to an array of amenities including a private residential lobby and elevator, as well as an exclusive residential rooftop pool and lounge. In addition, homeowners have a dedicated residential staff, committed to meeting every need—whether in Residence or from afar—luxury turn-key ownership, including asset preservation, property management, and personalized experiences. Smith & Associates Real Estate represents Pendry Residences to handle sales.

A new kind of luxury for residential buyers

Pendry Tampa will usher in a new level of hospitality, bringing thoughtfully designed experiences and programming that will become a defining centerpiece of Tampa’s thriving metropolitan center.

For more information on Pendry Tampa, please visit Pendry Tampa’s website.

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