TAMPA | 601 North Ashley Drive | 631 FT | 48 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-per...01-n-ashley-drive-in-downtown-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.

[Altoic]

Stock Development Files Plans for Tampa’s Tallest Skyscraper at 601 N Ashley Drive
https://floridiandevelopment.com/stock-d...allest-skyscraper-at-601-n-ashley-drive/

An ambitious proposal that would redefine Tampa’s skyline was unveiled today, as Florida-based Stock Development revealed plans for what would become the city’s tallest skyscraper. Rising 631 feet above downtown, the 48-story tower would eclipse Tampa’s current tallest building by a wide margin while transforming a site that has long been viewed as one of the city’s most significant redevelopment opportunities. The proposal comes just months after the demolition of the historic GTE Financial Building, a landmark completed in 1925 that occupied the property for a century.

Located at 601 N Ashley Drive, the approximately one-acre site has undergone years of planning before reaching this stage. TLR Group assembled the property in 2021 and spent several years advancing its own vision for a high-rise development before Stock Development acquired the site in 2025 for $40 million, marking one of the largest property transactions in Tampa’s history.

With demolition now complete, the developer has unveiled a project that would introduce more than 1 million square feet of residential and hospitality space to the downtown core.

[Urbannizer]

[tdawg]

This is a great proposal for Tampa. I'm also excited to see what's happening in St. Pete, my favorite city in Florida. I wonder why Tampa/St. Pete haven't seen the kind of boom and influx of foreign capital that Miami has? For me it's a much nicer part of the state and I'd take the Gulf beaches any day over the Atlantic coast.