Ritz-Carlton Residences developer moving forward with second tower plans in Tampa

Related group, developer of the Ritz-Carlton Residences on Bayshore Boulevard, are on track to build two new condo towers in addition to the one now under construction just south of Bay To Bay Boulevard. "It’s full speed ahead," said Jon Paul Perez, president of Related Group.

The company announced it’s going ahead with plans for a second tower for Ritz-Carlton Residences. "We saw that there was great demand in excess of what we had to offer in phase one," said Perez.

The company has pre-sold dozens of luxury condos in the first tower with starting prices of over $1 million. Perez doesn’t believe concerns about the economy will stop brisk sales. Perez said new high-end condo towers will raise property values for surrounding owners and create hundreds of construction jobs. He said Related Group also has a deal with a nearby synagogue, Congregation Rodeph Sholom, just south of the Ritz project, to buy a portion of its campus for another condo tower that will be separate from the Ritz Brand.

Ritz-Carlton Residences Tampa Tower II – Pre-Sales

https://www.homesandcondostampa.com/tampa-condos/city-of-tampa/ritz-carlton-residences-tampa-ii.htm

Ritz-Carlton Residences on Bayshore Boulevard has just launched pre-sales for the project's second phase consisting of 94 condominium units and six townhouse-style villas. Pricing will start at approximately $1.5 million.

Ritz-Carlton Tampa Condominium Residences does not include a hotel component, Tower I broke ground in January 2022 and is scheduled to be completed in April 2024. Tower I is completely Sold Out. In fact, the first phase was 90 percent sold within the first 4.5 months. Demand for Ritz-Carlton Residences Tampa Tower II is also brisk.

Designed by Miami’s Arquitectonica with interior designs provided by New York-based architectural firm, Meyer Davis, units at the Ritz-Carton Residence Tampa Tower II range from 1,925 – 2,282 square foot interior two-bedrooms, 2,880 – 3,540 square foot corner three-bedrooms, and larger 4,921 square foot four-five bedroom penthouse residences. The three-floor Townhomes, also called the Villas, contain 3,800 square feet of living space and feature an outdoor terrace with a summer kitchen and rooftop spa. Some have direct access to the pool and amenities deck. Ritz-Carlton Tampa Residences Tower II will be meticulously designed for the most discerning tastes, with private elevator entries, open floor plans, well-appointed interiors, and incredible open Bay views. All units come with 2 assigned garage parking spaces for each residence.

A host of amenities and five-star services will complement the residential living experience. Ritz-Carlton Residences Tampa Tower II will contain luxury amenities including a state-of-the-art fitness center, full-service spa with treatment rooms, clubhouse, on-site cafe, multiple swimming pools, tennis court, media room with golf simulator, children's playroom, and entertainment area, demonstration kitchen, and wine room with temperature-controlled storage, Additional features include an amenities deck, with full-service food and beverage options, a walking trail with exercise stations, dedicated dog park, lobby-level dog washing stations, business center with conference and offices for residences, and 2 luxurious guest suites with room service. The Ritz Residences Tampa also offers a concierge, 24/7 valet, and on-premises security. Other post-pandemic maintenance services include “contactless” elevators, special lighting, and automatic disinfectants.

Related is the second developer to unveil a branded condo project in Tampa. Strategic Property Partners, the developer of Water Street Tampa, just completed the Edition Tampa, which includes 37 branded condos over top of a boutique hotel.

Ritz-Carlton is a name that has been conspicuously absent from Tampa Bay for years, even as resorts around Florida bear its name. The company has branded Ritz-Carlton Condominium Residences in Sarasota, Sunny Isles Beach, Pompano Beach, Miami Beach, and resort properties throughout South Florida as well as in Orlando, Naples, and Amelia Island.

Ritz-Carlton Residences Tampa Tower II Prices will start at about $700 per square foot, putting units between $1.5 million and $5 million, pricing that is in line with the Edition Tampa. Both projects have top-of-market pricing for Tampa. The Residences at Ritz-Carlton Tampa Tower II Pre-Sales begins in 2022, with construction expected to commence in late 2022 and complete the first quarter of 2026.

RITZ-CARLTON RESIDENCES TAMPA TOWER II RESIDENCE FEATURES:

• Floor-to-ceiling windows offer breathtaking bay views.
• Generous 10-foot-high ceilings
• Oversized balconies
• Unobstructed Bay and Downtown Tampa views from all tower residences
• Beautiful villas with terraces and rooftop spas
• Sub Zero and Wolf Appliances complemented by bespoke Stone or Quartz countertops
• Custom-designed Italian cabinetry by Italkraft designed by Meyer Davis.
• Spacious walk-in closets
• High-end Kohler plumbing fixtures
• Full-size top-of-the-line washers and dryers
• Thoughtful and furnish able room layouts
• Private elevator access and entry foyer in all units
• Pre-wired smart home features

Contact me at 813-253-0643 for the most up-to-date information, including available inventory, first-tier pricing incentives, floor plans, and more. Click here to be placed on our VIP Notification List for The Ritz-Carlton Residences Tampa Tower II. We’ll also be glad to provide Up-To-Date Information on Other Pre-Construction, New or existing property you may be interested in, in the Tampa Bay and surrounding condo markets.