Tampa Bay has been making quite an impression on the world this year, attracting an influx of new residents and investors and becoming recognized as a top tourist destination known for beautiful beaches, friendly people, and an abundance of attractions to enjoy. The global accolades have been a boon to the real estate market and demand for luxury condos has skyrocketed.  

The Sanctuary at Alexandra Place Water View

Construction at The Sanctuary at Alexandra Place

We have three luxury condo buildings at different stages of the construction process in premier locations in South Tampa and we expect four more luxury towers to begin construction next year in 2020. With each tower bringing a unique approach to luxury and drool-worthy amenities, the excitement for the Virage, the Sanctuary, and the Residences at the Tampa EDITION is easy to feel. Here is a market update on 2019 progress with a look ahead on what to expect next year:

  • The Virage - The building is nearing completion as the construction team has removed their temporary elevator in exchange for the building's permanent elevator system. The stunning architecture and design of the building can now be seen when driving down Bayshore Boulevard. Currently, all homes have sold except for three remaining residences.
  • The Sanctuary at Alexandra Place -The 14th floor of the building has been poured and the curved glass exterior will start to be installed in the very near future. The tower crane is at its final height of 256 feet. We expect the building to be topped out by the end of January 2020. Only two of these residences are remaining.
  • The Residences at The Tampa EDITION - The Residences at The Tampa EDITION is at the beginning stages of construction in Water Street and has started on the key foundation work that will allow them to build upwards. Vertical construction will begin in January 2020. The sales office is open and accepting reservations.

Many of the properties have elaborate Smith sales galleries that feature scale models of the building and show buyers what their home will look like before it is built. Walking through the galleries, buyers get a sense of the quality construction in their luxury tower, the appliances available and the custom finishes that are offered.   We are excited for the year ahead and to see the growth of this world-class city that we call home.  

Construction at The Sanctuary at Alexandra Place Construction

Construction at The Sanctuary at Alexandra Place

For more details regarding the luxury condos' one-of-a-kind interior design, click here. For more information regarding Smith & Associates Developer Services Division, click here.  

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