The Ritz-Carlton Residences are swiftly rising on Bayshore Boulevard. Premier real estate developer Related Group (Related) has officially launched sales for the second phase of the highly successful condominium development. These lush and luxe residences have the best waterfront location within walking distance of region’s picturesque Bayshore Drive. The second tower continues to elevate the region’s luxury market, offering bespoke Ritz-Carlton amenities and service, architecture by the renowned Arquitectonica, and interiors by the award-winning Meyer Davis. Sales are now underway, with a selection of 94 residences and 6 villas, starting at $1.5 million.
Phase two of The Residences builds upon the demand seen at the maiden tower, which broke several Tampa price records and is 100% sold. Overall, The Residences made many firsts, including the Tampa debut for The Ritz-Carlton brand and Related’s inaugural condominium in Central Florida.
Ritz-Carlton breaks real estate records in Tampa
Tampa’s housing market is among the hottest in the nation, fueled by transplants seeking low taxes, warm weather and lifestyle benefits. According to a March report by Redfin, Tampa is now the third most popular destination in the U.S. for buyers migrating from northern states.
“Tampa is growing at an unprecedented pace, yet there is very little luxury residential product that meet the desires of today’s incredibly discerning buyers,” said Jon Paul Pérez, President of Related. “This unmet demand allowed us to move the first tower at a record pace, while positioning us for continued success at this second phase. We are so excited to once again show how we’ve combined world-class design with exemplary Ritz-Carlton service to redefine what luxury living can be in Tampa.”
This new tower shares the same attention to detail that first established The Residences as Tampa Bay’s most desired address. Each of the 100 homes offer spacious open floorplans, spanning up to 5,930 square feet, with all aspects carefully tailored to give buyers the sense of living in a “mansion in the sky.” Soaring floor-to-ceiling windows and oversized terraces add to the homes’ airy feel, providing endless vistas of Hillsborough Bay and Downtown Tampa. Each home offers sophisticated kitchens equipped with custom-designed Italian cabinetry, luxurious finishes and Sub-zero and Wolf appliances, as well as sprawling master bathrooms with soaking tubs and more.
Top tier amenities for residents along Bayshore Boulevard
With 24/7 access to a wide array of services and amenities, brand loyalists will feel right at home at The Residences. Highlights from the expansive amenity roster include private workouts or yoga classes at the state-of-the-art fitness center, various resort-style pools, a regulation-size tennis court and a scenic on-site dog park. Owners and guests will also have access to a curated collection of museum-quality art, including a striking eight-foot sculpture by Fernando Botero, as well as access to a dedicated residential staff.
The launch of The Residences second phase is another step forward in Related’s efforts to make a positive impact across the entire Tampa Bay community through the creation of high-quality housing.