Pendry Hotels & Resorts Celebrates Groundbreaking for Future Hotel and Residences Along Tampa’s Famed Riverwalk
Pendry Hotels & Resorts and Two Roads Development celebrates the groundbreaking of Pendry Tampa and Pendry Residences Tampa, a tremendous milestone for the hotel, featuring 220 guestrooms and a 39-story tower featuring 207 Pendry Residences along Tampa's famed Riverwalk.
Pendry Tampa is located at the corner of Ashley Boulevard and Whiting Street along the Hillsborough River in downtown Tampa, and it represents the ninth location in Pendry's growing portfolio, including San Diego, Baltimore, West Hollywood, Chicago, Manhattan, Washington DC-The Wharf, Park City and Newport Beach, with future locations under development in Natirar, New Jersey, Barbados in the Caribbean and Punta Mita, Mexico.
The development team took the occasion of the groundbreaking to announce 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, 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."
Pendry Tampa will feature three signature food and beverage offerings, Spa Pendry and state-of-the-art fitness center, a rooftop pool, Paintbox Kids Club, 11,000 square feet of meeting and event space and a myriad of Riverwalk fronting retail and restaurants.
"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."
Pendry Residences will include 207 modern luxury homes. Buyers drawn to Pendry can choose from a wide variety of floor levels and unique layouts, including several penthouse Residences on the top floors of the 39-story tower. Pendry Residences will offer homeowners a private residential entrance along Ashley Drive, a private lobby, elevator, and rooftop pool. Additionally, residents will have full access to an array of hotel services and amenities, including a dedicated residential staff, committed to turn-key ownership, including asset preservation, property management, and personalized experiences.
Pendry Tampa is developed in partnership with Pendry Hotels & Resorts and Two Roads Development of West Palm Beach.