Pendry Residences Tampa

The $45.5M penthouse — Tampa Bay's most expensive residential listing ever — tells you where Two Roads Development believes the ceiling is. 207 units at $1,329/SF average, positioned between the EDITION's proven $1,563/SF floor and the Ritz-Carlton's Bayshore bid. Superstructure rising at 17 stories with Q4 2027 delivery. This is the execution bet that defines downtown Tampa's ultra-luxury corridor: if Pendry sells through, it confirms a hospitality-branded market at $1,300+/SF. If it doesn't, the pipeline behind it reprices.