Once relegated to base floors, amenity spaces are taking center stage in new condo towers rising across Tampa Bay. Developers are choosing to give buyers the opportunity to experience the priciest views in the building by giving up sellable real estate and instead designing these prime locations to be the ultimate spaces for shared enjoyment.
The allure of being able to swim in a rooftop pool, to sit by a fire pit under the stars or to do your morning yoga in a top floor fitness room with 360-degree water views, is appealing to the new condo resident and stand out as lifestyle benefits unavailable to most homeowners. Condos have long lured the homeowner tired of home maintenance, but developers are betting that these resort-like amenities will attract A-listers who desire an urban retreat and a lifestyle of luxury living.
All of the five new construction condo towers in Tampa that overlook the Bay will feature above-ground amenities. Virage Bayshore has a resort-style terrace overlooking the bay with heated infinity pool, shade cabanas, and secluded spa. Simply called “The Retreat”, The Sanctuary at Alexandra Place takes a holistic approach with lushly landscaped gardens and Zen-like features that bring privacy and intimacy to the elevated space. The Retreat’s features include a beautiful lounge, state-of-the-art fitness studio, heated pool and spa with private cabanas, an outdoor kitchen, and fire pit. Hyde Park House’s elevated social room offers large screen TV’s, bar and fireplace with prime cityscape and Bay views. At Altura Bayshore, the tower’s rooftop with be a “social lounge” complete with a sunset terrace, cabanas, bar and rooftop pool. Rooftop activation is a popular trend across the US and is resonating with the Tampa Bay buyers who tend to value the ability to be outdoors.
According to our Vice President of Developer Services, David Traynor, says the decision to raise the bar on the amenities offered and place them in prime locations only enhances the success of a property in the current market. “The modern luxury buyer has high expectations and wants more from their home than just a spacious interior. They want to have cocktails at a rooftop bar, enjoy a lazy Sunday in a poolside cabana, host a party with cityscape views and in general, find a lifestyle that feels nourishing,” says Traynor.
With their modern aesthetic, these condo towers are appealing to multi-generational buyers and give the million-dollar buyer access to quality offerings available in the luxury condo tower markets of larger cities around the country.
Rendering of Hyde Park House’s Elevated Social Room