New 35-story condo tower to rise in Tampa’s Channelside area

TAMPA — A 35-story condo tower with just two units per floor is expected to start construction in the booming Channelside area early next year.

Tampa-based Mercury Advisors announced Wednesday that it had obtained construction financing for the $74 million Elevé 61, which would be the third tallest residential building in the Tampa Bay area.

Each floor would have just two units, each with three bedroom, three bathrooms and expansive city and water views. Prices would range from the $800,000s to more than $1.8 million.

“We think now is a great time to move forward because there really isn’t any product to compete with us that can get to market as quickly as we can,” said Ken Stoltenberg, a partner in Mercury Advisors. Read More >

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