Pendry Tampa Completed Vertical Construction

The 38-story high-rise project reached its structural peak in Tampa, marking the first Florida location for the Pendry brand.

Updated on Oct. 13, 2026 in Construction

Pendry Tampa Completed Vertical Construction

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Pendry Tampa has finished vertical construction on its 38-story tower, which features 218 hotel rooms and 190 luxury condominiums. The milestone was marked by a construction ceremony on October 9, 2026.

Why it matters

The development represents a significant expansion of the Pendry hotel brand into the Florida market. With most units already sold, the project is a major addition to the city's high-end real estate and hospitality landscape.

The tower contains 190 residential units starting at $1.7 million, with over 80% of the condos already sold for a total value of $400 million. The property also includes 218 hotel rooms and ground-floor dining space along the Riverwalk.

The players

Pendry

This is a luxury hospitality brand that operates high-end hotels and residential properties.

The details

The skyscraper reaches 38 stories in height and offers amenities including a rooftop pool, fitness center, and spa. The building utilizes a ground-floor dining space positioned along the Tampa Riverwalk to connect with the local area.

Timeline

  1. Vertical construction was completed on October 9, 2026.

  2. A construction milestone ceremony took place on October 9, 2026.

  3. The project is expected to open in 2027.

Market Landscape

This project follows the ongoing luxury high-rise residential development trend in downtown Tampa, mirroring a broader industry move toward mixed-use hospitality and high-end living. It positions the Pendry brand directly within the competitive luxury hotel segment in Florida.

Residents and visitors to the Riverwalk will see new dining and accommodation options when the tower opens next year. Buyers of the remaining luxury units must meet the $1.7 million starting price point.

The takeaway

This project highlights the continued demand for luxury high-rise living in urban Florida markets. Prospective buyers and local stakeholders should monitor the 2027 opening to see how the new hotel capacity impacts local occupancy rates.

What happens next

The building is officially scheduled to open in 2027.

Further reading

For more information on other local developments, see Tampa Construction.

Source note: This article includes information reported by Axios.

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