Ritz-Carlton Tampa opens second tower on Bayshore

The Ritz-Carlton Residences Tampa has completed its second tower along Bayshore Drive, bringing the two-building project to full delivery as remaining inventory tightens.

Developer Related Group said Tower II is now welcoming residents and is nearly sold out, with prices for remaining units ranging from $1.89 million to $7.85 million. The building includes 94 condominium units and five villas.

The completion closes out one of Tampa’s most prominent branded residential developments, a format that combines private ownership with hotel-style services and has drawn buyers to high-end projects in markets beyond traditional coastal hubs.

Units in the second tower measure up to roughly 5,700 square feet, with floor-to-ceiling windows, wraparound terraces and open layouts designed to extend living space toward the bay. Arquitectonica served as architect, with interiors by Meyer Davis.

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“The completion of Tower II marks a major milestone not only for Related, but for Tampa as a whole,” said Nick Pérez, president of Related Group’s condominium division. He said the project reflects sustained demand for service-oriented residential offerings in the market.

The development includes concierge services, wellness facilities and recreational amenities, along with a rooftop terrace and viewing deck. Landscape design was led by Enzo Enea. The property also features a curated art collection of more than 50 works, anchored by a lobby installation by artist Lauren Shapiro.

Branded residential projects have gained traction in markets such as Tampa as buyers place value on service levels and name recognition alongside location and design. In those projects, developers often rely on presales and brand affiliation to support pricing at the upper end of the market.

Outdoor terrace at Ritz-Carlton Residences Tampa overlooking Hillsborough Bay and Bayshore Drive skyline — A rooftop terrace at Ritz-Carlton Residences Tampa overlooks Hillsborough Bay and the Bayshore Drive corridor

Related Group has expanded its footprint in Tampa through a mix of luxury and mixed-income developments, as well as investments in the Riverwalk and surrounding areas.

With both towers now delivered and limited inventory remaining, the project enters its final sales phase as demand continues to concentrate in the upper tier of the condominium market.