The Real Deal Miami

Developers reserve most of a Tampa condo project

Ascentia and Batson-Cook are developing 71 condos on a waterfront site they bought in '16
April 08, 2017 02:00PM

Rendering of Virage Bayshore in Tampa

The developers of a high-rise waterfront condominium in Tampa said they have received deposits for most of the 71 units planned.

The developers are Sarasota-based Ascentia Development Group and Batson-Cook Development Company, part of Kajima USA, the U.S. construction arm of a Japanese real estate company. They bought the waterfront site of their Virage Bayshore condo development in 2016. The site had been occupied by an 80-year-old restaurant called The Colonnade.

The developers said in a press release that depositors have reserved “more than half” of the 71 condo units in their 24-story Virage Bayshore project. Their announcement specified neither the number of reservations nor the price range of the units. The Tampa Bay Business Journal has reported that condo prices at Virage Bayshore start at $1 million.

The smallest units are designed to span 2,400 square feet, and every unit has a private elevator entrance and 10-foot ceilings. Shared amenities include an infinity-edge swimming pool overlooking Bayshore, an exercise center, pet grooming facilities, and 24-hour staffed reception.

Ascentia and Batson-Cook were scheduled to open the sales center for the condo project on Saturday at 3401 Bayshore Boulevard in Tampa. The exclusive listing for Virage Bayshore is held by Smith & Associates Real Estate. Dave Traynor leads the team of agents marketing the development.

Ascentia’s developments in Florida include the Beau Ciel in Sarasota, the Orchid Beach Club on Lido Key, and En Provence and Aria on Longboat Key.