Luxury hotel expert dishes on Tampa Bay’s allure

Pendry hotels founder talks up the Tampa buzz, growing up in the hotel business and delivering a luxury residential component to his hotels.

by: Louis Llovio Commercial Real Estate Editor

Luxury hotelier Pendry Hotels & Resorts is building a 37-story luxury tower on the Hillsborough River with Miami-based developers Two Roads Development.

The hotel, expected to open sometime in 2024, will include 220 rooms, a luxury spa and a rooftop pool on a deck overlooking the Hillsborough River, along with fare like an upscale restaurant, a lobby bar and café. On the floors above the hotel will be 207 condos.

The condos will come with a dedicated residential staff and offer all the amenities available to hotel guests. Condo residents will have a private entrance, but once inside the building will have access to the hotel and its offerings, including room service. Prices for those units will start at $900,000, with penthouses in the $3 million to $4 million range.

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