Ascentia Development Group and Batson-Cook Development Co. broke ground on Virage, a 24-story, 71-unit luxury condominium tower in Tampa. Smith & Associates Real Estate has already signed more than $75 million worth of contracts for residences. The development was financed by City National Bank of Florida and is slated for completion by 2019.
“We are off to a remarkably fast start, especially as more people who live in single-family homes are now looking closely at the peace of mind and ease of luxury condominium living,” said Jay Tallman, principal of Ascentia Development Group, in prepared remarks.
Virage, situated at 3401 Bayshore Blvd., will feature two 6,700-square-foot penthouses with 360-degree views of Hillsborough Bay, South Tampa and downtown. The following four floors are devoted to two 4,400-square-foot apartments per floor. The rest of the residences range in size between 2,400 and 3,300 square feet. Each apartment features a private elevator entrance and 10-foot ceilings. Community amenities include:
- infinity-edge pool overlooking Bayshore
- wellness center
- pet grooming facilities
- 24-hour reception
Prices vary between $1 million and $5 million. Out of the 71 residences, 61 are priced between $1 million and $2.5 million, while the larger units and the penthouses range between $3 million and $5 million.