ARC Tampa Development LLC in partnership with Prosper Group recently unveiled its highly anticipated $675 million project, Hotel ORA + Private Residences. The event marked the sales launch for what is set to become one of the most luxurious developments in the Channel District.
"We're bringing a five-star, South Beach-inspired experience to the heart of the city," said Luigi Novembre, co-founder and COO of ARC Realty Group.
Hotel ORA + Private Residences will rise as a 39-story architectural statement, housing 627 upscale hotel suites and 31 exclusive private residences on its upper levels. Designed for those who value both sophistication and ease, these residences boast floor-to-ceiling windows framing breathtaking city views, expansive terraces, soaring ceilings, and private elevator access. Novembre highlighted that the hotel suites present a compelling opportunity for investors, seamlessly blending luxury living with income-generating potential.
Buyers will have access to 22 distinctive floor plans for condo-hotel units, priced between $640,000 and $1.25 million, as well as eight unique penthouse layouts that reach up to $2 million. Residents will enjoy automatic membership to the exclusive ORA Society club, which provides VIP access to private events, a high-end restaurant, event spaces, and a variety of special offerings.
Expanded Luxury Amenities
Hotel ORA + Private Residences is designed to provide a five-star lifestyle. The property boasts an impressive array of high-end amenities. At the heart of its offerings is a tenth-floor amenity deck featuring an infinity-edge pool with sun loungers, private cabanas, and a DJ stage for poolside entertainment. Adjacent to the pool, a vibrant restobar provides the perfect setting for sun-soaked cocktails. For relaxation and wellness, an exclusive spa offers specialized treatment rooms, while a state-of-the-art fitness center includes a dedicated spin studio.
His and her locker rooms feature infrared saunas, steam rooms, and hot-cold plunge pools for ultimate rejuvenation. On the ground floor, a patisserie, lobby bar, and signature restaurant bring a dynamic dining experience to the property. Expansive event and convention spaces, including a grand ballroom and stylish lounges, cater to both business and social gatherings. Elevating luxury to new heights, a private rooftop helipad ensures VIP convenience for high-end travelers.
The 627 hotel suites will be sold as income properties, with prices ranging from $656,700 to $1.25 million. These suites will function as traditional hotel rooms, but owners will have the option to rent them out, generating income through the hotel’s management, an outside management company, or they can manage it themselves.
For those seeking full-time luxury living, the 31 Privé Residences on the tower's uppermost levels provide an exclusive residential experience. These homes feature designer finishes, airy terraces, and private elevator access, offering a seamless blend of sophistication, privacy, and exclusivity. Residents will also receive access to the Ora members-only club, which will host private events and offer VIP privileges.
For investment-minded buyers, the ORA Luxe Collective management service ensures a seamless ownership experience by maximizing rental efficiency while delivering world-class hospitality.
With its prime location in Tampa’s Channel District, the Hotel ORA + Private Residences is poised to become a key component of the area’s ongoing transformation. Novembre sees the development as a natural extension of the thriving Water Street district, which will be directly adjacent to the property once completed.
“We’re going to be a continuation of all that’s happening there,” said Novembre, emphasizing the project's role in the district's vibrant future.
The Hotel ORA + Private Residences is the second major hotel project to be announced for the Channel District in recent weeks, underscoring the area’s growing appeal as a luxury destination. A new 13-story hotel with 304 rooms, retail space, and a restaurant is also slated for development just a short distance away at 111 N. Meridian Ave.
With its combination of high-end residences, top-tier amenities, and prime location, Hotel ORA + Private Residences is set to be a transformative force in Tampa’s evolving luxury market.
Interested in living here? Click here to get more info from someone there directly.
Join millions of readers and sign up for Florida of Tomorrow's free newsletter to receive the latest on all things coming to the Sunshine State.
_edited.jpg)
