For Immediate Release
Elliott Development Announces Elliott Towers, Tampa's Proposed Tallest Mixed-Use Development
Pre-Development Project Generates Significant Public Interest; Developer Clarifies Current Status and Vision
TAMPA, FL — December 3, 2024
Elliott Development today officially announces Elliott Towers, a proposed 70-story, 740-foot mixed-use development that would become Tampa's tallest building. The project has generated substantial public attention following the filing of Federal Aviation Administration (FAA) documentation, prompting the developer to clarify the project's current status and long-term vision.
— Colton Elliott, Principal of Elliott Development
Current Project Status
Elliott Towers is in the earliest stages of development. The project team has filed for FAA airspace clearance for a 740-foot structure at 815 North Franklin Street in downtown Tampa. This filing is a standard but significant step for any building over 200 feet, requiring detailed engineering submissions and federal review. The FAA determination is currently pending.
Elliott Development is actively engaged in site acquisition discussions with the current property owner. The development team is also advancing architectural design work, engaging with engineering consultants, and building relationships with potential capital partners and institutional investors.
— Colton Elliott
Project Vision
Elliott Towers is envisioned as a vertical mixed-use destination combining luxury residential condominiums, hotel-condo units, Class A office space, ground-floor retail and dining, structured parking, and resort-style amenities. The building would occupy a full city block along North Franklin Street, steps from Tampa's Riverwalk, the Tampa Convention Center, and Amalie Arena.
| Program Element | Floor Range | Square Footage |
|---|---|---|
| Lobbies & Retail Podium | Levels 1–2 | 80,000 SF |
| Structured Parking | Levels 3–12 | 1,148+ Spaces |
| Class A Office Space | Levels 13–27 | 330,000 SF |
| Luxury Hotel | Levels 28–35 | 160,000 SF |
| Private Residences | Levels 36–67 | 288,000 SF |
| Penthouse Collection | Levels 68–70 | 66,000 SF |
Project Program Highlights
- 120 luxury residential condominiums across 39 floors, including two penthouse residences
- Hotel-condo units operated in partnership with a major hospitality brand
- More than 500,000 square feet of Class A office space designed for the future of work
- Ground-floor retail and dining activating the streetscape and Riverwalk connection
- 1,200 parking spaces serving residents, office tenants, and visitors
- Resort-style amenities including rooftop infinity pool, fitness center, spa, and private dining facilities
Design and Visualization
The imagery circulating on social media represents early conceptual visualization created with AI tools during the initial design exploration phase. These images were intended to communicate the general design direction and scale, not to serve as final architectural renderings.
— Colton Elliott
The design takes inspiration from Art Deco heritage while embracing contemporary materials and proportions suited to Tampa's coastal context. The building will feature a tapered crown, floor-to-ceiling glass, and premium finishes including travertine, bronze metalwork, and warm wood tones.
Why Tampa
Tampa is one of the fastest-growing metropolitan areas in the United States. The city's population increased nearly 20 percent between 2010 and 2020, more than double the national average. Tampa International Airport continues to expand with new routes and terminals. Major employers are relocating to the region. Downtown is undergoing transformation with developments like Water Street Tampa and Midtown adding thousands of residential units and millions of square feet of commercial space.
— Colton Elliott
Timeline and Next Steps
Elliott Development is targeting the following milestones:
— Colton Elliott
Investment and Participation
Elliott Development is in active discussions with institutional investors, family offices, and accredited individuals regarding equity participation in the project. Qualified investors interested in learning more may contact the development team directly at [email protected].
Pre-sales information for residential units and hotel-condo ownership will be made available once the project advances through additional regulatory milestones.
About Elliott Development
Elliott Development was formed to execute landmark mixed-use projects that combine design excellence with long-term value creation. The company is led by experienced professionals with backgrounds in real estate development, hospitality operations, and capital markets. Elliott Towers represents the firm's flagship project.
For more information, visit elliotttowers.com