This week, Tampa’s Altura Bayshore marked an important milestone by filing condominium documents with the state and beginning to convert reservations into purchase contracts. This progress comes as developers of the luxury condominium tower, The Ronto Group, celebrate rapid success developing several tower projects along the Gulf Coast.
“Bayshore is well known as such a premiere location in Greater Tampa Bay, and we are extraordinarily confident in both Tampa and this location in particular,” said The Ronto Group owner Anthony Solomon. “Buyers have recognized this opportunity, and we are thrilled to move ahead to bring this exciting project to life.”
Altura Bayshore will be a dramatic new 22-story tower overlooking Tampa’s Bayshore Boulevard, with residences ranging from approximately $1 million to $2.9 million for a variety of homes spanning 2,176 to 3,575 square feet — each one reached via a private elevator foyer. The Ronto Group kicked off converting reservations into contracts with a letter to reservation holders, sharing the great news that the tower is “in the final phase of preparations that will allow us to start the first stages of construction on site.”
Altura Bayshore is the sole tower along Bayshore Boulevard with a one-of-a-kind outdoor rooftop experience that occupies the full rooftop of the tower, complete with a pool, rows of cabanas, bar spaces and a sunset terrace. The wrap-around rooftop layout means residents will have views of Hillsborough Bay and Bayshore Boulevard to the east, western sunset views towards Old Tampa Bay, northern views of Downtown Tampa and views to the south as well.
“We are thrilled with the design and progress of this exceptional tower overlooking Bayshore Boulevard,” said Solomon. “This location provides an extraordinary opportunity for buyers, and we believe the best value of any tower going up in Tampa Bay. We are excited to update our reservation holders about this progress.”
With strong interest in the Altura Bayshore location and amenities, only a few penthouse residences remain unreserved in the tower. Progress at Altura Bayshore comes amid exceptionally strong activity in the real estate economy, with historically low interest rates and limited new housing inventory, coupled with a surge of people wanting to move to Florida specifically.
“We are seeing demand across the spectrum,” Solomon said. “This includes people moving from across the Northeast and the Midwest, as well as more local buyers who are moving from single-family homes because they desire these great towers, in great locations and the maintenance-free condominium lifestyle.”
