15 Jun PENDRY RESIDENCES TAMPA REACHES $200 MILLION IN RESIDENTIAL SALES
Pendry defines new luxury offering in downtown Tampa and begins next
phase of construction.
TAMPA, FLA. (June 15, 2023) – Pendry Residences Tampa, a premiere luxury hotel and residential tower arising in downtown Tampa, continues to secure record-breaking commitments from future residents, with residential sales now exceeding $200 million. Buyers drawn to the Pendry are able to choose from a wide variety of floor levels and unique layouts, including several penthouse residences on the top floors of the 37-story tower.
“This significant sales milestone is an indication that we have a unique opportunity in Tampa,” said Tina Necrason, Executive Vice President, Residential Montage International. “Buyers are coming from across the country to enjoy fully serviced living offered at Pendry Residences Tampa. With construction progress underway, we are excited to make this unique luxury experience a reality for our residents and guests.”
Pendry Residences will offer homeowners a private residential 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.
“Construction activity on site will move into a new phase in the coming weeks”, said Reid Boren, Managing Partner, Two Roads Development, “Bauer Construction has concluded all appropriate testing and is preparing the site for full pile foundation work.” Concrete piles and casting will reach 275 feet deep and soon after concrete foundations will begin.
Located on the hotel’s highest floors, Pendry Residences Tampa offers fully serviced living with modern-designed homes ranging from one to three bedrooms featuring expansive floor-to-ceiling windows and private terraces, starting at $1.3 million.
Pendry Tampa is developed in partnership with Pendry Hotels & Resorts and Two Roads Development of West Palm Beach. For more information on Pendry Hotels & Resorts, please visit www.pendryhotels.com or follow @pendryhotels and @pendrytampa. For more information about Pendry Tampa, please visit www.pendry.com/tampa/. To learn more about Pendry Residences, please visit www.pendry.com/residences/.
About Pendry Hotels & Resorts
Pendry Hotels & Resorts is a contemporary luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service tailored to today’s cultured world traveler. Founders Alan J. Fuerstman and Michael Fuerstman’s well-seasoned experience in the hospitality industry serves as the foundation for the brand, injecting each property with a unique perspective on contemporary style, and an emphasis on the arts and local community in the city it calls home. The portfolio of hotels and resorts includes: Pendry San Diego, Sagamore Pendry Baltimore, Pendry West Hollywood, Pendry Chicago, Pendry Manhattan West, Pendry Park City and Pendry Washington DC – The Wharf. Future destinations include Pendry Newport Beach, Pendry Natirar, Pendry Tampa and Pendry La Quinta. Pendry Hotels & Resorts is a member of Preferred Hotels & Resorts. For more information on Pendry Hotels & Resorts, follow @pendryhotels or visit www.pendry.com.
About Pendry Residences
Pendry Residences is a bespoke collection of private, whole ownership residential offerings at select Pendry Hotels & Resorts, a new luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service. Created for cultured and discerning homeowners, each residential offering infuses a unique perspective on contemporary style that blends with the arts and local community. The Pendry Residences portfolio includes: West Hollywood, California; Natirar, New Jersey; Park City, Utah; Tampa, Florid and Barbados. For additional information on residential opportunities, please visit https://www.pendry.com/tampa/residences/
About Two Roads Development
Two Roads Development is a South Florida-based real estate development firm whose principals have combined over 120 years of experience in developing, financing, and marketing residential and commercial projects across the United States. Over the years, Two Roads has set the standard for luxury development with properties that feature the industry’s best location, architecture, amenities, and services.
The firm’s current residential portfolio includes a number of projects that are currently underway: The Ocean Club, Four Seasons Residences, Bahamas, a curated collection of Private Residences managed by Four Seasons on Paradise Island; Rivage Bal Harbour, a boutique luxury condominium along the oceanfront just north of Miami Beach; the EDITION Residences, Miami Edgewater, a branded luxury condominium in Miami’s Edgewater district; Forté, a boutique luxury waterfront condominium in West Palm Beach; and the Pendry Residences, a branded hotel-condominium in Tampa; The firm has additionally completed two luxury condominiums, Elysee and Biscayne Beach, in Miami’s Edgewater district. Learn more at: www.tworoadsre.com.