More construction in downtown Tampa!BREAKING: A 34-story condo tower called Arris Tampa has been proposed for 507 North Ashley Drive in Downtown Tampa. The project features 80 condo units and 5,000 square feet of restaurant space. Here is the full press release:
"TAMPA (June 6, 2019) – The development team behind the highly successful Virage Bayshore tower in Tampa revealed plans today for a new, 34-story luxury condominium tower called “Arris Tampa” in the heart of downtown Tampa.
Arris Tampa will rise just steps away from the city’s most vibrant restaurants, theaters and art museums, and feature a ground-floor restaurant, integrated parking, rooftop Residents Club with amenity deck and outdoor pool. Eighty residences will span 1,110 to 3,700 square feet and will be priced from $600,000 to $2 million and above.
“Downtown Tampa has a new level of excitement and vibrancy that people across the country are noticing,” said Jay Tallman, President and Partner of Ascentia Development Group, a joint venture partner in the tower with Batson-Cook Development Company. Arris Tampa will be a beautiful architectural statement that adds to the downtown skyline, and residents will have world-class art, restaurants and entertainment just steps from their front door.”
The tower will rise at the corner of Ashley Drive and Twiggs Street (507 N. Ashley Dr.) and will include just four residences or fewer per floor, with panoramic views of the city, Curtis Hixon Riverfront Park, the Hillsborough River and the minarets of the University of Tampa.
Starting at the ground level, the tower will feature a 5,000-square-foot restaurant space in the base, integrated parking above (fully meeting City requirements), then 24 floors of luxury condominiums, each with substantial balconies overlooking the city. Smith & Associates Real Estate is the exclusive listing agent for the Arris Tampa project.
The new tower will transform a space presently used as a surface parking lot. The tower was designed by the architecture firm of Rule Joy Tramell + Rubio LLC that designed the nearby “Nine15” building downtown. (High-resolution architectural renderings of Arris Tampa are available here: bit.ly/317TxI9.) Pending approvals from appropriate agencies, developers plan to break ground in Spring 2020.
Beyond the successful Virage project, Ascentia Development Group is also behind the upcoming condominium tower project in Sarasota called Auteur that will feature 56 luxury condominiums overlooking The Bay park project and Sarasota Bay. Those residences are priced from $2 million. Smith & Associates Real Estate is the exclusive listing agent for the Arris Tampa project.
The new Arris Tampa tower will tap into the flourishing live, work, play atmosphere and walkable community in the heart of the city. Just steps away are major cultural institutions such as the David A. Straz Jr. Center for the Performing Arts, the Tampa Museum of Art, the Tampa Theatre, Curtis Hixon Riverfront Park, the Glazer Children’s Museum and the Florida Museum of Photographic Arts. The tower sits perfectly midway along the fully completed Riverwalk pathway that stretches from Waterworks Park on the north to Amalie Arena on the south.
Ascentia Development Group and Batson-Cook Development Company are the same team that developed the highly successful Virage Bayshore tower in Tampa. Virage broke ground in 2017 and recently celebrated its structural completion and topping out with just four unsold residences remaining. The success of Virage sparked a resurgence in luxury condominium projects in the region and helped highlight Tampa’s growing vibrancy.
“Tampa’s transformation is making headlines across the country,” said Litt Glover, President and Chief Executive Officer of BCDC. “We have been thrilled at the success of Virage, and we are honored to have the opportunity to bring another project to this community.”
A spokesperson for the seller of the property, attorney Harley Riedel of the prominent law firm of Stichter, Riedel, Blain & Postler, P.A., said “We were very selective about who we chose to develop the site. Since 1976, our law firm has had its offices in the century-old buildings that abut this site, and we were looking for a partner with a stellar reputation and an exciting vision for a high-quality project that will be our neighbor for many years to come. The Virage team and its vision met our requirements, and we congratulate them on their concept and design.” ... See MoreSee Less