$462M Naples luxury developer looks north with Tampa purchase


  • By Louis Llovio
  • | 1:10 p.m. July 24, 2025
  • | 0 Free Articles Remaining!
The Ritz-Carlton Residences, Naples has officially topped off construction.
The Ritz-Carlton Residences, Naples has officially topped off construction.
Courtesy image
  • Tampa Bay-Lakeland
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Stock Development, the Naples developer, says it is planning an “exceptional residential experience” for a piece of property it bought in Tampa last week. 

The $40 million purchase is of an existing building at 601 N. Ashley Drive in the city’s downtown. 

Keith Gelder, president of land development for Stock, says in an email that the company is expanding into Tampa as part of strategy “to build on our momentum along Florida’s West Coast.” 

 

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