Buyers begin closing transactions and moving in. Only two unsold residences remain.
TAMPA, Fla. (May 27, 2020) – With brisk work over the last year, construction is complete on the 24-story Virage luxury condominium tower and initial buyers are starting to take possession of and move into their residences. Developers and partners of the project are celebrating the milestone as 69 of 71 total residences were pre-sold, representing more than $120 million in real estate overlooking Bayshore. Closings began May 15 and will continue over the next few months.
“We are so proud of the construction team for staying the course in this challenging environment. They have delivered an extraordinary tower on Bayshore Boulevard,” Jay Tallman, Principal of Ascentia Development Group, which built Virage in partnership with Batson-Cook Development Company, (BCDC). “Watching the first few residents move in is an especially gratifying moment for us. We knew we were fortunate to have a wonderful site with such potential, and we are so happy our residents can begin moving in and making it their home.”
Virage has set a new level of luxury living along Bayshore, with prices ranging from $1 million to $5 million and most residences ranging in size from 2,400 square feet to 3,400 square feet. Every residence has a private elevator entrance, 10-foot ceilings, and access to resort-style amenities such as an infinity-edge pool overlooking Bayshore, a state-of-the-art wellness center, pet grooming facilities, and 24-hour staffed reception.
Among the extraordinary features, the top two floors each have a single penthouse residence, with 6,700 square feet of space and 360-degree views of Hillsborough Bay, South Tampa, and Downtown Tampa.
Development of Virage began in Spring of 2016 and kicked off with robust demand, as no new tower had been built along Bayshore in more than 10 years. More than half of the building was reserved before formal sales began. The tower broke ground in November 2017 and ‘topped out’ in May last year.
“Bayshore Boulevard has long been a premiere address of Tampa Bay, and we are deeply honored to have helped add this beautiful building to Tampa’s skyline,” said Litt Glover, President and Chief Executive Officer of BCDC.
Smith & Associates Real Estate has been the exclusive listing broker. Virage was designed by local architect Curts Gaines Hall Jones, a firm well known for its inspiring residences, all of which in Virage are oriented to maximize views of Downtown Tampa and the bay. United Landmark Associates of Tampa led traditional and digital marketing and advertising for Virage.
“The timing of this residential project couldn’t have been better,” says Bob Glaser, President and CEO, Smith & Associates Real Estate. “People were eager for homes of this caliber in South Tampa and the trophy location on Bayshore Boulevard has made the Virage one of the most exciting places to own a home. As we’ve all learned, being able to enjoy a beautiful walk and the amenities where you live is priceless.”
About Ascentia Development Group
Based in Sarasota, Ascentia Development Group (ADG) has created some of Florida’s most stunning luxury developments, brought to fruition by vision, integrity, and passion. In addition to Virage, ADG’s projects include “Beau Ciel” in Sarasota, “Orchid Beach Club” on Lido Key, and “En Provence” and “Aria” on Longboat Key.
About Batson-Cook Development Company
Founded in 1963, Batson-Cook Development Company (BCDC) is a wholly owned subsidiary of Kajima USA. It is a fully integrated real estate organization providing development and capital solutions, primarily through partnerships on commercial real estate projects in the Southeastern United States. Based in Atlanta, Georgia, BCDC offers a wide variety of real estate services ranging from development and construction to equity and credit enhancements to brokerage and property management.