19 Apr PENDRY RESIDENCES TAMPA REACHES $75 MILLION IN RESIDENTIAL SALES IN THE LAST 45 DAYS
TAMPA, FLA. (April 19, 2022) – Pendry Residences Tampa, a luxury hotel and residential tower arising in downtown Tampa, is experiencing impressive demand, as future residents have signed contracts worth more than $75 million in the last 45 days. Buyers of residences in this a spectacular waterfront location on Tampa’s celebrated Riverwalk are purchasing residences across a wide range of floor levels and styles, including several penthouse residences on the top floors of the 37-story tower. A formal groundbreaking is anticipated for this summer, with substantial completion of the Pendry Residences in the spring of 2025 timed to the opening of the hotel.
Pendry Tampa will feature 220 guestrooms and suites, as well as 207 Pendry Residences where homeowners will have 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 meeting every need—whether in-residence or from afar—luxury turn-key ownership, including asset preservation, property management, and personalized experiences.
“We are incredibly pleased to see such high interest in Pendry Residences Tampa since the launch,” said Tina Necrason, executive vice president of residential, Montage International. “We are seeing interested buyers from across the country who recognize the incredible experience of owning a home that includes all the benefits of living within a luxury hotel.”
Located on the highest floors of the hotel, Pendry Residences Tampa will offer fully serviced living with modern designed homes ranging from one to three-bedrooms featuring expansive floor-to-ceiling windows and private terraces, starting in the $900,000s.
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/.
Renderings of Pendry Residences Tampa are available for download and use here. (Password: zFF9V3mtMVRz)
About Pendry Hotels & Resorts
Pendry Hotels & Resorts is a new 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. Each property is injected 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 includes Pendry San Diego, Sagamore Pendry Baltimore, Pendry West Hollywood, Pendry Chicago and Pendry Manhattan West. Opening in 2021 is Pendry Park City. Opening in 2022 is Pendry Washington D.C. – The Wharf. Opening in 2023 is Pendry Newport Beach, Pendry Natirar and Pendry Cincinnati. Opening in 2024 is Pendry Tampa. 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, Florida. For additional information on residential opportunities, please visit www.pendry.com/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 best location, architecture, amenities, and services in the industry. The firm’s current residential portfolio includes Elysee Miami and Biscayne Beach, two luxury condominiums in downtown Miami, Forte, a 41-residence luxury waterfront condominium in West Palm Beach, FL; Tuscany Ranch, a 6,000-home master-planned active adult community in Citrus County, FL; and Freeport Plantation, a master-planned mixed-use community in Freeport, FL. Learn more at: www.tworoadsre.com.
Kacey Bruno, Vice President, Communications, (949) 715-6117
Two Roads Development
Richard Mullins, Tucker/Hall, (813) 992-8139