Pendry Tampa is reshaping Downtown Tampa’s skyline with a 38-story hotel and private residences at Ashley Drive and Whiting Street along the Riverwalk. Developed by Two Roads Development and operated by Pendry Hotels & Resorts, the project pairs waterfront views with hotel-level service and resort-style amenities in a highly walkable district.
Specs
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Location: 111 S Ashley Drive, Tampa, FL 33602
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Status: Under construction with large-scale financing secured in 2025
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Projected opening: 2027
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Height and mix: Approximately 38 stories with about 220-key Pendry hotel below roughly 200 private residences
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Design team: Arquitectonica with interiors by Studio Munge
The Residences
Private, whole-ownership homes are positioned above the hotel with a residents-only lobby, private elevators, and an owners rooftop pool. Floor plans include one to three bedrooms, most with private terraces and expansive skyline and bay views. Services include in-residence dining, kitchen provisioning, concierge support, and on-site management designed for effortless ownership.
Hotel lifestyle at your doorstep
Residents enjoy access to chef-driven restaurants opening to the Riverwalk, a full-service spa and fitness program, meeting and event venues, and a rooftop pool scene. Program highlights marketed to date include multiple dining venues, significant ballroom and meeting space, and a large destination spa.
Design, safety, and sustainability
The tower incorporates meaningful resiliency features. The site is being elevated above typical waterfront grades and is planned with flood protection systems, backup power, hurricane-rated glazing, and a parking deck placed well above sea level. Energy-efficiency upgrades are part of the design brief.
Ownership perks
Ownership includes VIP access to Pendry’s hospitality services and privileges across the broader Montage and Pendry portfolio, adding real travel and lifestyle value to a Tampa home.
Pricing and availability
Recent guidance has indicated starting prices around the upper luxury tier for Downtown Tampa, with significant pre-sales reported. Availability, views, and floor level selection change as construction progresses. All details are subject to change and should be verified at time of interest.
Why buyers love this address
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Riverwalk frontage with direct access to dining, culture, arenas, and the Water Street district
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True branded living with private residential privacy and hotel-level service
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Future-ready build with elevated site planning and resiliency features for the waterfront
Considering a home at Pendry Tampa or comparing it to other Downtown Tampa towers? Contact me today. /Aaron Hoffman/Cømpass Real Estate/ 813.817.7914/ to request current availability, floor plans, and pricing guidance.