- August 7, 2026
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Tampa's race skyward hit another milestone this week: ONE Tampa reached its full 42-story height.
ONE Tampa, the luxury condominium tower overlooking Curtis Hixon Waterfront Park and the Hillsborough River, towers over the city’s downtown at more than 519 feet. Developer Kolter Urban says nearly 70% of its 225 residences had already sold by the time construction crews paused Friday to celebrate two years of work on the landmark building, at 100 E. Madison St. That’s roughly 150 homes priced from about $1.27 million to more than $5.4 million, says Steve Barber, development executive for Kolter Urban.
The building is expected to open next summer.
“This is a landmark project for Kolter and we’ve worked hard with the city in collaboration to get us where we are today,” Barber told reporters during Friday’s celebration. “It’s a tremendous achievement to be able to make that mark on the skyline.”
The project is another sign of downtown Tampa's transformation from a business district that emptied after office hours into a neighborhood increasingly defined by luxury housing, restaurants and entertainment. Standing between Water Street Tampa and Tampa Heights, and just a few blocks away from Tampa’s Riverwalk, ONE Tampa will also bring 5,000 square feet of ground-level retail and restaurant space to downtown, although tenants have yet to be announced.
The Delray Beach-based developer originally envisioned ONE Tampa would be a 55-story tower that would have been the tallest building on Florida's Gulf Coast. Those plans changed, though, when the Federal Aviation Administration and Hillsborough County Aviation Authority imposed height restrictions on the building due to nearby flight paths into Tampa International Airport. Rather than delay the project while seeking approval for a taller building, Kolter Urban redesigned the tower at its current 42 stories. That’s without a “13th floor,” Barber says.
Built by Moss Construction, the tower has risen at a pace of about one floor each week since work began in August 2024. Construction crews poured a 22-hour concrete foundation before beginning the vertical build and now have roughly a year of interior work remaining before residents begin moving in. Closings are expected to begin next July and continue over several months.
For Barber, Friday's celebration was as much about the workers as the building itself.
More than 700 trade partners, consultants and designers have worked on the project, while crews currently average more than 400 workers on-site each day.
"They've been working six, sometimes seven days a week for the last two years," Barber says. "It is grueling in the heat, in the rain. We've endured two hurricanes, but we have persevered."
Jeff Callahan, senior vice president of Moss, says nearly 1,000 workers have passed through the construction site since the project began.
"Today we honor almost 1,000 men and women that have come through our gate in the last two years," Callahan says. "Today is about the men and women who are investing their time and talents every day."
Residences inside ONE Tampa range in size from one-bedroom homes of just under 1,200 square feet to three-bedroom penthouses spanning roughly 4,000 square feet on the tower's top floors. Designed for seamless indoor-outdoor living, residences come with large terraces and full-height windows offering sweeping views of downtown Tampa, the riverfront and beyond. Interiors will feature designer-curated finishes, including European-style cabinetry, quartz countertops, waterfall-edge kitchen islands, premium JennAir appliances and porcelain tile flooring throughout main living areas, while primary suites will offer oversized walk-in closets and spa-inspired baths.
The building was designed by Adache Group Architects, with amenity spaces by ID & Design International.
Kolter Urban believes buyers will pay for a lifestyle that resembles a five-star hotel more than a traditional condominium. While not tied to a hotel company, like many new luxury towers in the region, residents of ONE Tampa will have access to nearly 30,000 square feet of amenities on its expansive 11th floor.
There, residents can relax in a resort-style pool and spa overlooking downtown while enjoying private cabanas, fire pits, grilling areas and a pet park. The building will also house a wine room, screening theater, coworking lounge, hospitality suites and a two-story fitness center with dedicated yoga and cycling studios. A sports simulator lounge will feature both golf and Formula One racing simulators.
The building will also include Skyline Bistro, a private restaurant and bar exclusively for residents and guests, Barber says. The concept will offer breakfast, lunch and dinner as well as a full bar program and app-based ordering for pickup or delivery throughout the building.
“You’ll be able to have your margarita and cheeseburger delivered poolside on level 11,” Barber says.
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At street level, developers envision another 5,000-square-foot public restaurant fronting North Ashley Drive across from Curtis Hixon Waterfront Park, although an operator has not yet been selected. Those lower floors should look familiar to passersby. Kolter Urban modified the plans for the tower’s facade so its lower floors would more closely resemble the original architecture of two historic buildings that sat on the site dating back to 1895 and 1912.
ONE Tampa is Kolter Urban's latest high-profile project in the region. The developer's Tampa Bay portfolio includes Hyde Park House, ONE St. Petersburg, Saltaire and Art House St. Petersburg. The company also recently acquired two additional downtown St. Petersburg properties for future redevelopment: the former home of athletic retailer Fit2Run at 235 3rd Ave. N. and the Hilton Bayfront property at 333 First St. SE.
The company’s broader portfolio includes some of the most notable residential developments along Florida’s Gulf Coast, including The Ritz-Carlton Residences, Sarasota Bay, 1000 Boulevard of the Arts, The Ritz-Carlton Residences, Sarasota, Bayso Sarasota, VUE Sarasota Bay, The Mark Sarasota, The Island at West Bay Club, 3300 Gulf Shore, Olana Naples Residences, and Selene Oceanfront Residences in Fort Lauderdale.
Smith & Associates Real Estate is leading sales efforts for ONE Tampa.
