New Ultra-Luxury Residential Developments to Watch in Tampa Bay

Tampa

Tampa Bay’s luxury real-estate market continues to evolve, with several new developments reshaping the region’s skyline and lifestyle offerings. These projects combine architectural ambition, resort-level amenities, and prime waterfront locations—signaling the city’s growing prominence as a destination for sophisticated, high-end living.

Pendry Residences Tampa

Now under active construction along Tampa’s Riverwalk, Pendry Residences Tampa represents one of the region’s most ambitious mixed-use projects. Developed by Two Roads Development in partnership with Pendry Hotels & Resorts, the 38-story tower will combine a Pendry hotel with 207 private residences.

In September, the project secured $520 million in construction financing, ensuring steady progress toward completion, which is currently targeted for early 2027. 

Residents will have access to Pendry’s signature services and amenities—including a rooftop pool and bar, a 14,000-square-foot spa, curated dining, and a private residential entrance with dedicated concierge. 

ONE Tampa

Located across from Curtis Hixon Park, ONE Tampa is a 42-story condominium tower offering floor-to-ceiling glass, smart-home systems, and sweeping views of the Hillsborough River and downtown skyline. The development’s amenity program features a fitness center, pool terrace, private club rooms, and a concierge team focused on lifestyle services. 

The Residences at Rocky Point

Recently announced, this forthcoming $187 million project will bring 252 luxury apartments and a rooftop restaurant to Tampa’s Rocky Point. The tower’s design emphasizes panoramic bay views, resort-style amenities, and walkable waterfront access. Construction is anticipated to begin in 2027 with completion projected for mid-2028.

The inclusion of a full-service rooftop dining venue sets the development apart in a market where residential and hospitality experiences are increasingly converging.

Hammock Bay

In nearby Apollo Beach, site work is underway for Hammock Bay, a boutique gated community designed for privacy and coastal elegance. Plans call for custom and semi-custom residences with architectural guidelines emphasizing modern coastal design.

AQUA at Westshore Yacht Club

Also progressing on the waterfront, AQUA has topped out its first residential tower at Westshore Yacht Club. The project features 77 residences, private marina access, and resort-caliber amenities, with completion expected in spring 2026.