Vertical Momentum: Downtown Tampa’s Pendry Residences Rising Fast Along the Riverwalk

Downtown Tampa’s skyline is undergoing a transformative shift, and right at the center of this waterfront revolution is Pendry Residences Tampa. Rising 38 stories above Ashley Drive South and East Whiting Street, the ultra-luxury hotel and condominium tower developed by Two Roads Development and Montage International is rapidly climbing into the city’s skyline.

Whether you are looking to secure a high-end urban sanctuary or exploring development opportunities in the thriving Tampa Bay luxury market, here is the latest progress on Florida’s first Pendry-branded residential project—and what it means for buyers and investors.

Construction Progress & Key Milestones

Construction led by Coastal Construction is making rapid vertical progress along the Hillsborough River:

• Passing the Podium: Structural concrete work has moved well past the 14-story podium base, which houses the hotel accommodations, meeting spaces, and amenity decks.
• Residential Floors Underground to Skyline: Formwork is actively advancing into the exclusive residential levels (Floors 15 through 38). With vertical concrete progressing at an impressive clip, the tower is steadily pushing toward its full structural height.
• Exterior Façade & Glazing: Glass curtain wall installation is underway across the hotel levels, giving passersby on the Riverwalk a clear preview of the building’s sleek, Arquitectonica-designed silhouette.
• Target Opening: Pendry Tampa and Pendry Residences remain on track for a grand opening in 2027.

Redefining Waterfront Luxury in Tampa Bay

Designed with interior styling by Toronto-based Studio Munge and modern architecture by Miami’s Arquitectonica, Pendry Tampa combines 220 guest rooms on the lower floors with 200 private residences on the upper levels.

Residential owners enjoy complete separation and privacy when desired, featuring a dedicated motor court, private lobby, and exclusive elevator bank—while maintaining full access to the five-star amenities of Pendry Hotels & Resorts.

Elevated Amenities & World-Class Hospitality

• Dining & Nightlife: Pendry announced a partnership with Clique Hospitality, bringing four distinct dining and social venues to the tower, including a signature waterfront restaurant, a bold modern Mexican concept, a high-end speakeasy lounge, and a vibrant poolside retreat.
• Private Owner Amenities: Dedicated rooftop pool and lounge, private residential staff, concierge services, and preferred global access across Montage International properties.
• Wellness & Leisure: Access to Spa Pendry, state-of-the-art fitness center, Paintbox Children’s Club, and over 10,000 square feet of event space.

Market Insight: With roughly 70% of the 200 luxury residences already sold and high-profile offerings like the top-floor penthouse making headlines, inventory in premier waterfront towers is moving quickly.

Unlocking Value: Expert Representation for Buyers & Developers

Navigating new construction, pre-construction luxury contracts, and developer offerings across Tampa Bay and the Sarasota coastline requires experienced, localized insight.

For Residential Buyers

Purchasing pre-construction in a branded luxury development involves unique nuances—from contract structures and HOA allocations to custom finish selections and rental guidelines. Having independent buyer representation ensures your interests are fiercely protected every step of the way, at zero additional cost to you.

For Developers & Investors

As the luxury corridor expands from Sarasota up through Downtown Tampa and Water Street, understanding local buyer demographics, site positioning, and product differentiation is critical to project viability and absorption velocity.

Ready to Explore Pendry Residences or Tampa Bay Luxury Real Estate?

Whether you wish to secure one of the remaining residences at Pendry Tampa before completion or discuss strategic developer representation across the Sarasota and Tampa markets, let’s connect.

• Browse Floor Plans & Remaining Inventory: Contact us directly for confidential, updated pricing and private sales gallery tours.
• Strategic Advisory: Let’s schedule a consultation to review pre-construction opportunities across the region.

Sarasota Perry

Founding Agent at Compass. Specializing in the curation and sale of Sarasota’s most prestigious branded residences, including The Ritz-Carlton, Waldorf Astoria, and St. Regis. With a deep commitment to white-glove service and market intelligence, I help discerning clients secure their piece of the Florida Gulf Coast’s most exclusive addresses.

Email: perry.corneau@compass.com

Website: http://www.sarasotaperry.com