ORA Private Residences | Downtown Tampa Luxury Condo-Hotel Living

The ORA Private Residences are 31 upper-floor, private-entry homes crowning Hotel ORA, a planned 39-story luxury condo-hotel near Tampa's Water Street district. Residence owners have an exclusive lobby and elevator separate from the hotel, above a tower whose 627 condo-hotel suites operate as income-generating hotel accommodations.

Construction is set to begin in 2026, with completion expected around late 2029. Pre-construction timelines on projects of this scale can shift, so verify the current schedule with the sales gallery or your agent before making plans that depend on a delivery date.

Hotel ORA + Private Residences is developed by ARC Realty Group with partners including Sunwest Construction and Prosper Group, designed by Adache Group Architects. The roughly $600 million project's sales gallery operates at 1101 E Jackson St in downtown Tampa.

Yes — short-term rental participation is central to ORA's condo-hotel model, with an optional management and leaseback program for suite owners, and the project has been positioned as downtown Tampa's condo building permitting short-term rentals. Programs and rules are defined in the condominium and rental-program documents; verify current terms and any competing programs before purchasing.

Condo-hotels are generally non-warrantable — conventional Fannie/Freddie mortgages typically don't apply, so buyers use cash, portfolio loans, or developer-arranged financing, often with larger down payments. This is normal for the category, not a defect, but it shapes your budget planning. See Shane's guide to non-warrantable condos in Tampa Bay and involve your lender early.

Planned amenities include a rooftop pool deck with jacuzzis, cabanas, and a rooftop restaurant and bar, a full-service medical spa, a 2,500 sq ft fitness center, a 15,000 sq ft ballroom, a two-story national steakhouse, a lobby bar and patisserie, concierge services — and downtown Tampa's first condo-hotel helipad. Amenity programs can be refined before delivery; confirm with the sales team.

The 627 condo-hotel suites are designed as income-generating investments operated with hotel management and an optional leaseback program. The 31 Private Residences are conventional upper-floor homes with a private lobby and elevator — owner-occupied luxury rather than hotel inventory. The two products carry different financing, fee, and usage profiles; review both structures with your agent before choosing.

Pre-construction pricing at ORA varies by product (suite versus Private Residence), floor, and plan, and moves as releases progress toward the ~2029 delivery. For current pricing, availability, and contract guidance — including the deposit schedule — contact Shane Vanderson at Engel & Völkers South Tampa.