July 6, 2022


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Coastal Development breaks floor on 31-story luxurious house tower in coronary heart of Downtown Tampa’s cultural core

Developed by American Land Ventures, the high-rise hyperlinks Tampa Riverwalk, Straz Heart, Tampa Museum of Artwork and Glazer Youngsters’s Museum

Tampa, Florida (Might 26, 2022) – Coastal Development broke floor this morning on the Arts and Leisure Residences (AER) (RENDERING ATTACHED), a 31-story luxurious house tower in Downtown Tampa. Developed by American Land Ventures with companion Gazit Horizons, the 334-unit excessive rise is located throughout from the Straz Heart for the Performing Arts, providing fast entry to the town’s cultural establishments whereas offering scenic metropolis and river views to its residents.

“There isn’t a different location like this in Tampa, the place in 60 seconds, you’re getting into certainly one of three cultural establishments, taking a stroll on the Riverwalk, or soaking within the view from your individual open balcony,” stated Granvil Tracy, President of American Land Ventures. “The River Arts District is prospering, and we’re thrilled that AER within the Arts District would be the subsequent step in that progress.”

As a hub for the River Arts District, the tower will characteristic outlets on the road stage, with 13,688 sq. ft of ground-level retail house and 514 parking areas in a construction above the outlets. The challenge is a focus between the Straz Heart, Tampa Museum of Artwork, Glazer Youngsters’s Museum, Tampa Riverwalk and Curtis Hixon Waterfront Park—and the constructing’s design is influenced by these cultural connections.

“AER will create a brand new lifestyle,” stated Sean DeMartino, President of Central and North Florida for Coastal Development, the overall contractor on the challenge. “Inside and outside, you’ll see designs that characteristic a extra subtle stage of end and repair. You’ll discover the items are bigger, and we’ve positioned an emphasis on a wholesome life-style and wellness, all of which provide a large enchantment from skilled Millennials to Child Boomers.”

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AER can be constructed to the best trade requirements and can embody spectacular inside appointments akin to customized designer cabinetry, upgraded chrome steel home equipment, quartz counter tops, porcelain tile, 9- to 10-foot ceilings, outsized floor-to-ceiling sliding glass doorways, excessive pace web wiring, and open balconies with panoramic water and metropolis skyline views.

Eleven distinctive studio, one, two and three-bedroom flooring plans are rigorously and deliberately designed to fulfill the demand of the Downtown Tampa luxurious rental market.

“This constructing has been a very long time coming and can grow to be a staple of the skyline for years to return,” Tampa Mayor Jane Castor stated. “I’m excited to be right here at this time to interrupt floor. The placement permits for unparalleled walkability among the many booming River Arts District.”

With solely 334 items, AER may have the boutique really feel of a luxurious condominium challenge whereas giving essentially the most discerning renters the pliability they need when selecting their subsequent house.

Designed by architect CUBE 3, AER is predicted to be accomplished within the spring od 2024.

A privately owned firm, Coastal Development is among the largest basic contractors within the Southeast with workplaces in Miami, Orlando, Tampa and West Palm Seashore.