Crews reach the top of 350-foot Ritz-Carlton in Tampa

Construction of the 30-story tower along the city's ultra-high end Bayshore Boulevard has topped out and is expected to be fully complete next year.

By Louis Llovio
| 11:00 a.m. April 3, 2023
| 2 Free Articles Remaining!

Coastal Construction topped out the new Ritz-Carlton Residences in Tampa on March 31.

Tampa Bay-Lakeland

The Ritz-Carlton Residences in Tampa is nearing completion.

Construction crews topped out the 30-story residential tower March 31, according to a statement. Full construction of the luxury complex is expected to be done early next year.

The building is the first of two Ritz-Carlton Residences towers that Miami developer The Related Group is putting up in Tampa. When complete the first tower, which has already been sold out, will have 89 residences and 12 town home-style villas with floor plans ranging from 2,400 square feet to 11,000 square feet. When initially announced, prices started at $1.6 million and topped out at $5.1 million.

Sales of units in the second tower have already begun.

To mark the topping out, crews planted a magnolia tree at the top of 350-foot tower on Bayshore Boulevard.

Miami-based Coastal Construction is building the tower and is behind some well-known developments in Tampa, including Water Street Tampa and the Arts and Entertainment Residences

Here, according to Coastal, are some numbers to show what’s gone into the Ritz-Carlton project thus far:

29,000 cubic yards of concrete
2,116 tons of rebar
86,995 square feet of glass
62 miles of electrical conduit
More than 340 miles of building wire

author

Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.