Developed by American Land Ventures, the high-rise links Tampa Riverwalk, Straz Center, Tampa Museum of Art and Glazer Children’s Museum
Tampa, Florida (May 26, 2022) – Coastal Construction broke ground this morning on the Arts and Entertainment Residences (AER) (RENDERING ATTACHED), a 31-story luxury apartment tower in Downtown Tampa. Developed by American Land Ventures with partner Gazit Horizons, the 334-unit high rise is situated across from the Straz Center for the Performing Arts, offering immediate access to the city’s cultural institutions while providing scenic city and river views to its residents.
“There is no other location like this in Tampa, where in 60 seconds, you’re stepping into one of three cultural institutions, taking a stroll on the Riverwalk, or soaking in the view from your own open balcony,” said Granvil Tracy, President of American Land Ventures. “The River Arts District is thriving, and we’re thrilled that AER in the Arts District will be the next step in that growth.”
As a hub for the River Arts District, the tower will feature shops at the street level, with 13,688 square feet of ground-level retail space and 514 parking spaces in a structure above the shops. The project is a focal point between the Straz Center, Tampa Museum of Art, Glazer Children’s Museum, Tampa Riverwalk and Curtis Hixon Waterfront Park—and the building’s design is influenced by those cultural connections.
“AER will create a new standard of living,” said Sean DeMartino, President of Central and North Florida for Coastal Construction, the general contractor on the project. “Inside and out, you’ll see designs that feature a more sophisticated level of finish and service. You’ll notice the units are larger, and we’ve placed an emphasis on a healthy lifestyle and wellness, all of which offer a wide appeal from professional Millennials to Baby Boomers.”
AER will be built to the highest industry standards and will include impressive interior appointments such as custom designer cabinetry, upgraded stainless steel appliances, quartz countertops, porcelain tile, 9- to 10-foot ceilings, oversized floor-to-ceiling sliding glass doors, high speed internet wiring, and open balconies with panoramic water and city skyline views.
Eleven distinctive studio, one, two and three-bedroom floor plans are carefully and intentionally designed to meet the demand of the Downtown Tampa luxury rental market.
“This building has been a long time coming and will become a staple of the skyline for years to come,” Tampa Mayor Jane Castor said. “I am excited to be here today to break ground. The location allows for unparalleled walkability among the booming River Arts District.”
With only 334 units, AER will have the boutique feel of a luxury condominium project while giving the most discerning renters the flexibility they desire when choosing their next home.
Designed by architect CUBE 3, AER is expected to be completed in the spring od 2024.
A privately owned company, Coastal Construction is one of the largest general contractors in the Southeast with offices in Miami, Orlando, Tampa and West Palm Beach.