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You are here: Home / Residential Real Estate & Developers / Developer of Grand Central and Downtown Channel Club Ready to Proceed on Eleve 61 Channel District Residences

Developer of Grand Central and Downtown Channel Club Ready to Proceed on Eleve 61 Channel District Residences

July 23, 2018 by Post

Elevé 61 will be a 35-story luxury condominium in the Channel District

Elevé 61 – Tampa Downtown-Channel District residences
Concept

Elevé 61 is a 35-story luxury condominium tower with just two three-bedroom residences per floor that will present a highly amenitized lifestyle just steps from the heart of Tampa’s rising Downtown-Channel District.

Details

61 expansive 2,200-square-foot, three-bedroom Sky Residences will focus on sweeping city and water views with floor-to-ceiling glass and no adjoining walls with other residences. Elegant interior features and amenities reflect Elevé 61’s sophisticated lifestyle at the center of all that’s new and exciting in Tampa. Skyview residences in one of the tallest towers in Tampa will be priced from the $800,000s to more than $1.8 million.

All within 1 mile:
• Publix with pharmacy (to open early 2019)
• The Florida Aquarium
• Channelside Bay Plaza
• Tampa Bay History Center & The Columbia Café
• Amalie Arena
• The Riverwalk urban trail
• Tampa Convention Center & The Sail Pavilion

Timeline

Anticipated Sales Gallery opening: End of September 2018
Anticipated groundbreaking: End of first quarter 2019
Completion time: 18 months

By the numbers

Size of the site 27,500 sq. ft.
Value at build out: $74 million
Height: 382 feet
35 stories

Amenities

A fifth-level amenity center includes elegant social, dining and fitness facilities overlooking a tropical rooftop terrace with a resort-style pool and spa, surrounded by landscaped lounge areas with gas fireplaces, summer kitchens, rooftop garden, yoga/fitness lawn, pet walk and washing station.
An on-site staff and concierge will manage an array of carefully curated and individually personalized services.

Location

This exciting Channel District location places residents in walking distance of some of the area’s finest shopping, dining, nightlife, culture, and entertainment. The area includes new five-star hotels, parks, and university campuses – all within a short stroll, trolley ride or water taxi.

Additional walkable destinations include a new Publix supermarket, NHL Lightning hockey games and major concerts at Amalie Arena, the Florida Aquarium, Tampa Bay History Center, and the Riverwalk urban trail.

DEVELOPMENT TEAM

Developer

Elevé 61 is the vision of Mercury Advisors partners, Ken Stoltenberg and Frank Bombeeck, whose
stewardship of the Downtown-Channel District has helped transform it from an industrial-warehouse district into a vibrant residential neighborhood.

Accomplishments:
• Grand Central at Kennedy – a landmark urban mixed-use project
• Downtown Channel Club 23-story, 324-apartment residence
• Downtown Channel District’s first supermarket: a 37,000 square-foot Publix with pharmacy

Financial

BridgeInvest, founded in 2011 in Miami, is a leading private real estate lender focused on short-term financing for unique commercial and residential assets throughout the Southeast US.
The firm’s fully integrated, institutional-quality platform facilitates tailor-made real estate financing solutions. https://www.bridgeig.com/about-us/

NorthMarq Capital has provided debt and equity to commercial real estate owners and investors for more than 50 years. With an annual production volume of $13 billion and a loan servicing portfolio of $52 billion on behalf of more than 50 institutional investors, NorthMarq ranks as one of the largest commercial real estate mortgage banking firms.
https://www.northmarq.com/cities/tampa/

Sales

Tampa’s premier luxury real estate office, Smith & Associates, is managing sales for Elevé 61. The Sales Gallery will be located at 1212 E. Whiting Street, Suite 101, Tampa, FL 33602. https://www.smithandassociates.com

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Filed Under: Residential Real Estate & Developers

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