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The Ronto Group secured a $72.5 million construction loan from MSD Partners LP for the development of Altura Bayshore.
The 23-story luxury apartment tower will overlook Tampa’s Bayshore Boulevard, with residences ranging from $1.3 million to $3.4 million for homes spanning up to 3,575 square feet. Smith & Associates Real Estate LLC is leading sales.
The first phase will construct a parking garage for employees of the office building next door, to be completed March 2022.
Each home can be reached via a private elevator foyer, and the tower will boast amenities such as a rooftop pool, fitness center and guest suites.
– Kelly Hayes, Extensive Enterprises Media