TAMPA | 601 North Ashley Drive | 540 FT | FLOORS

[chris08876]

FAA Permits Filed For 540-Foot-Tall Building Across From Curtis Hixon Park In Downtown Tampa

Permits have been submitted to the Federal Aviation Administration seeking approval for the construction of a 540-foot-tall building at 601 North Ashley Drive in Downtown Tampa. Located directly across the street from Curtis Hixon Waterfront Park, the property is comprised of two parcels of land that make up an entire city block netting a combined 1.03 acres, or 44,867 square feet, bound by North Tampa Street on the East, East Twiggs Street on the South, North Ashley Drive on the West and East Zack Street on the North with approximately 210-feet of frontage on each side. The property is currently improved with a 12-story office tower that was built back in 1925 called the GTE Tower, which yields a net 61,290 square feet of space, and surface level parking lots. The permits were filed on February 18, 2022.

TLR Tower LLC, an affiliate entity of Downtown Tampa-based real estate investment and management company TLR Group (TLR), is the owner of the the property according to Hillsborough County property records. TLR Group, which itself is an affiliate of LCN Property Management and Groupe Mach, based in Montreal, Canada, and headquartered at the GTE Tower, purchased the building and site assemblage from Ashley 601 Inc. for $20,055,000 back in April 2021. The property falls within Downtown Tampa’s Central Business District and is specifically zoned for multi-story office use. For the sake of naming, we will reference the project as TLR Tower.

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Floriday YIMBY

[Dale]

And reportedly a taller tower by Kolter, next door, per SSC!

[Altoic]

Posted by FloridaFuture of SSC! This one is 500 ft.

[bobdreamz]

This tower has Miami vibes to it and if built it will be Tampa's fifth 500+ footer.

[Altoic]

https://www.instagram.com/p/CtZMOkrOFRh/?hl=en

[Urbannizer]

New developer means new plans coming soon.

https://floridayimby.com/2026/01/faa...own-tampa.html

Later in 2024, the site was sold to Stock Development for approximately $40 million, resetting the project’s trajectory. Following the acquisition, Stock Development abandoned the prior rental-focused mixed-use concept and began advancing plans for a luxury condominium tower. The developer has indicated that the project remains in the design phase, with the finished residences expected to be comparable to other high-end condominium developments currently under construction nearby, including One Tampa and the Pendry Residences at Water Street Tampa. No architectural plans, unit counts, or construction timelines have yet been filed with the city.

The renderings currently associated with the site originate from the earlier TLR Group proposal and were designed by Arquitectonica. These images reflect a previous development concept and do not represent the current design work underway by Stock Development, which has not yet released updated renderings or confirmed its architect of record.