ONE Tampa June 2025 Construction Update

ONE Tampa is a 42-story luxury condominium tower featuring 225 units, retail space, and amenities, currently being developed in the heart downtown Tampa, Florida. Upon completion, it will be the tallest building in Tampa and one of the tallest on Florida’s west coast.

ONE Tampa is a compelling urban EB-5 project with best-in-class features that limit EB-5 investors’ financial and immigration risks. The project is being developed by Kolter, a highly experienced and well-capitalized developer with a perfect EB-5 project track record. EB-5 investors benefit from a short three-year loan term and a repayment guaranty from a Kolter parent company. With strong sales, an independent regional center, significant job creation, and more, ONE Tampa is one of the highest-quality, lowest-risk urban EB-5 projects on the market.

Construction Progress

Construction at ONE Tampa continues to advance with major foundation milestones now complete. All drilled shafts have been successfully poured, including the final secant shaft, marking the completion of this critical phase of deep foundation work.

The tower crane has been erected, signaling the transition toward vertical construction. On the west side of the site, the final section of chemical grout around pile cap 24 was installed, further reinforcing subsurface stability.

Progress also continues on pile cap work. PC-12 and PC-13 were poured on May 29, 2025, while excavation is now underway for PC-24. At PC-19, rebar mat installation is in progress, and waterproofing has been completed and inspected. The concrete pour is scheduled for June 7.

On the permitting front, the building permit was officially issued on April 15, 2024.

We look forward to sharing more updates soon as the structure begins to rise above grade.

Condominium Sales

The project has already presold 116 of its 225 condominiums, representing 52% of its total inventory. Buyers are required to pay non-refundable deposits totaling 25% of the purchase price, which means the ONE Tampa project is already generating substantial revenue from sales.

Experienced Developer

Kolter is one of the largest private developers in the United States. Since its founding in 1997, Kolter has invested in real estate projects totaling over $30 billion in value and has developed thousands of apartment units, single-family homes, condominium units, hotel rooms, and finished land lots in Florida.

Over its 25+ year history, Kolter has borrowed billions of dollars and has never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.

Kolter has extensive experience developing condominium towers similar to ONE Tampa through its business unit, Kolter Urban. Kolter Urban develops luxury condominiums in waterfront, water view, or urban in-fill locations. Kolter Urban’s condominium towers are strategically located and provide residents with access to the best amenities, services, and local attractions. These on-site amenities create enduring value and a sense of community, helping ensure strong sales and successful investments.

ONE Tampa follows six nearly identical urban EB-5 loan projects in Florida. EB5AN and Kolter have collaborated on the following luxury condominium tower developments:

• Water Club North Palm Beach (North Palm Beach, Florida)
• 100 Las Olas (Fort Lauderdale, Florida)
• Mark Sarasota (Sarasota, Florida)
• VUE Sarasota Bay (Sarasota, Florida)
• ONE St. Petersburg,/a> (St. Petersburg, Florida)
• Saltaire (St. Petersburg, Florida)

All of these prior EB-5 loan projects were completed on time and on budget, and 100% of the condominium units were sold. In nearly all cases, all units were presold before construction was completed. Kolter has either repaid the EB-5 funds or they remain in good standing.

Independent Regional Center

EB5AN serves as the regional center sponsor for ONE Tampa. Since EB5AN is entirely independent from the developer, it can prioritize the interests of its EB-5 investors without any conflicts of interest. EB5AN is an experienced EB-5 regional center operator and has facilitated over $1 billion in investments through the EB-5 program. To date, EB5AN’s total project development costs exceed $6 billion.

EB5AN focuses on offering foreign nationals low-risk, high-quality investment opportunities and has helped over 2,700 immigrant investors from over 70 countries.

Learn More about ONE Tampa

EB-5 projects rarely offer both a high level of financial security and strong immigration safety. With many EB-5 jobs created, a loan repayment guaranty, and other top features, ONE Tampa stands out in the market.

EB5AN structures financially strong, USCIS-compliant projects to help EB-5 investors protect their hard-earned funds and get U.S. Green Cards as quickly as possible.

For more information on the ONE Tampa project or other available EB-5 projects, please schedule a one-on-one call with EB5AN.