New York developer taps Coastal Construction to build apartment tower in downtown Tampa
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Jan 9, 2023

A general contractor that specializes in luxury high rises has been tapped to build a 35-story apartment tower in downtown Tampa.

Coastal Construction, based in South Florida, will be the general contractor on Silverstein Properties' project at 504 E. Cass St. The tower will include 450 apartments, 500 parking spaces and 9,000 square feet of commercial space. It will also feature a pool, tenant lounges with workspaces and a fitness center.

Arquitectonica is the tower's architect and interior designer.

Silverstein acquired the lot in May 2022 from 1754 Properties and Triangle Capital, which spun off the site after acquiring the Floridan Palace hotel.

“Downtown Tampa is going through an extraordinary transformation — and these new residences will give more people the chance to live within walking distance of shops, restaurants and top attractions like the Straz Center, Curtis Hixon Waterfront Park and the Riverwalk," Sean DeMartino, Central Florida president for Coastal, said in a statement.

Coastal's other Tampa projects include the Ritz-Carlton Residences, Tampa, on Bayshore Boulevard and the Arts and Entertainment Residences tower under construction near the David A. Straz Jr. Center for Performing Arts. It also built the JW Marriott and Heron apartments in Water Street.