Announced

601 N. Ashley Drive

Tampa · Mixed-Use

601 N. Ashley Drive is a planned luxury mixed-use skyscraper on the downtown Tampa waterfront, directly across from Curtis Hixon Waterfront Park and the Tampa Riverwalk, where Naples-based Stock Development acquired the 0.97-acre former GTE Financial Building site and has cleared it for a new tower.

Verified Sep 20, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
240
Keys
220
Units
48
Floors
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Details

601 N. Ashley Drive, Tampa. 48 floors, 220 residences and 240 hotel keys.

The story so far
Announced 2026 est.Status was over-stated as breaking-ground: Stock Development's tower remains in design phase with only demolition underway (FAA envelope 540ft/48 stories), per Florida YIMBY
floridayimby.com
Broke ground Jul 1, 2026 est.Correct floors 50→48 (48-story / 540-ft tower). Demolition of the existing building underway + FAA permits refiled — proposing advance to breaking-ground for review (site-clearing, not yet vertical; developer/design in flux under Stock Development)
floridayimby.com
Stock Development files plans for Tampa's tallest tower Jul 2026submissions to the city's Design District Review Board detail a 48-story, Ziegler Cooper-designed skyscraper with 220 condominiums and 240 hotel rooms over roughly one million square feet
floridiandevelopment.com
Demolition underway at 601 N. Ashley Drive Mid 2026Stock Development began razing the former GTE Building to clear the downtown Tampa site for its condo-and-hotel tower
connectcre.com
Expected opening date TBD
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 73 · SaturatedTampa marketMarket
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About the project

601 N. Ashley Drive is a planned luxury mixed-use skyscraper on the downtown Tampa waterfront, directly across from Curtis Hixon Waterfront Park and the Tampa Riverwalk, where Naples-based Stock Development acquired the 0.97-acre former GTE Financial Building site and has cleared it for a new tower. Elevations prepared by Houston-based Ziegler Cooper depict a modern 48-story tower that would rank among the tallest buildings in Tampa, organized in three stacked sections: a podium with roughly 400 parking spaces, a luxury-branded hotel of about 240 rooms on the middle floors, and around 220 condominium residences crowning the upper levels. Hotel guests would share a resort-style pool deck, spa, ballrooms, meeting rooms, restaurants and outdoor terraces off a grand lobby, while residents receive a separate amenity program with their own pool deck, dog park and golf simulator. The project replaces the century-old GTE building, a Downtown Tampa landmark, and remains under review by the city's Design District Review Board.

Developer & design
The Tampa market 73 · Saturated supplyDowntown Tampa 14-project pipeline · 9,459 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is 601 N. Ashley Drive located?

601 N. Ashley Drive is located in Tampa.

When will 601 N. Ashley Drive be built?

601 N. Ashley Drive is an announced development that has not yet started construction.

Who is developing 601 N. Ashley Drive?

STOCK Development is the developer behind 601 N. Ashley Drive.

Who designed 601 N. Ashley Drive?

601 N. Ashley Drive was designed by Ziegler Cooper Architects.

How big is 601 N. Ashley Drive?

601 N. Ashley Drive rises 48 stories with 220 residences and 240 hotel keys.