ONE Tampa is a 42-story luxury residential tower rising in downtown Tampa, Florida. Featuring 225 residences, retail space, and premium amenities, the tower will become Tampa’s tallest residential building once completed. As a fully subscribed EB-5 project, ONE Tampa demonstrates the successful execution of large-scale luxury development in collaboration with Kolter and EB5AN, delivering measurable results in both construction progress and economic impact.
Construction Progress
Job Creation Completed for ONE Tampa
Condominium Sales
Experienced Developer
Independent Regional Center
Ongoing Progress and Related Projects
Construction Progress
Construction at ONE Tampa continued its upward momentum, with the tower advancing further into the mid-level floors over the past month. Concrete operations remained steady, with pours completed for levels 25 through 27 across multiple sequences, supporting continued vertical progress of the structure.
Additional structural milestones were achieved as the fire pump room slab-on-grade was poured, contributing to critical building infrastructure. Masonry crews also progressed upward, initiating work on level 21 as enclosure efforts continue to advance.
Façade installation moved higher on the tower, with window and sliding glass door frames installed through level 19. Rough opening waterproofing was completed on level 16, further enhancing the building envelope and moving the project closer to full enclosure. Preparatory work also began for exterior finishes, with scaffold installation underway at the level 12 balcony in anticipation of upcoming stucco application.
Interior construction continued to advance across multiple levels. Wall framing extended up to level 17, with top track installation reaching level 20. Ceiling framing was completed on level 14, where MEPF rough-in work is also nearing completion. Mechanical progress included ductwork installation on level 15, while door frames and doors continued to be installed throughout the garage levels. In addition, the first box walk for wall rough was successfully completed on level 14, marking an important quality control milestone.
Overall, the past month demonstrated continued coordination across trades and steady progress across structural, enclosure, and interior phases as construction advances at ONE Tampa.
Job Creation Completed for ONE Tampa
As of April 2026, the project has generated 1,149 qualifying EB-5 jobs, more than enough to satisfy the job creation requirement for all participating investors.
The Importance of Job Creation for EB-5 Investors
Under EB-5 program rules, each investor must support the creation of at least 10 full-time jobs for U.S. workers. When investors complete their conditional residency period, USCIS evaluates whether the required jobs were actually produced. Because of this, a project’s job creation trajectory directly influences investor security and immigration outcomes.
Some EB-5 offerings on the market have not yet begun construction, increasing the risk that insufficient spending could jeopardize future job counts. ONE Tampa avoids this issue through an expenditure guaranty provided by Kolter, ensuring that all EB-5 capital is directed toward qualifying development activities. This structure reinforces strong job creation performance and supports investors on the path to permanent residency.
Condominium Sales
Buyer interest remains robust, with 133 units sold to date. Buyers submit non-refundable deposits totaling 25% of the purchase price, contributing to substantial presale revenue and providing strong financial support for the development.
Experienced Developer
Kolter remains one of the largest private developers in the United States. Since its founding in 1997, the company has developed thousands of residential units, hotel rooms, and land projects, totaling over $37 billion in value.
Kolter’s track record in EB-5 projects is strong, with all prior loans either repaid or in good standing. The developer’s urban condominium division, Kolter Urban, focuses on luxury towers in prime waterfront, water-view, and downtown locations. These developments consistently offer residents premium amenities and enhance long-term community value.
ONE Tampa follows the pattern of six comparable urban EB-5 loan projects in Florida. In collaboration with EB5AN, Kolter has developed the following luxury condominium towers:
- 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 (St. Petersburg, Florida)
- Saltaire (St. Petersburg, Florida)
Each of these previous EB-5 projects was completed on schedule and within budget, with all condominium units sold, often fully presold before construction concluded. EB-5 funds in these developments have either been fully repaid or remain in good standing, reflecting Kolter’s consistent track record of successful project execution.
Independent Regional Center
EB5AN remains the independent regional center for ONE Tampa. With a focus on investor protection and compliance, EB5AN structures strong, low-risk EB-5 projects with predictable job creation and transparent reporting.
Ongoing Progress and Related Projects
ONE Tampa’s construction progress, combined with advancing job creation and strong sales, reflects the consistency and execution that define Kolter and EB5AN’s long-standing collaboration.
Investors seeking projects with a similar profile may consider Spring Haven and Brandon Multifamily, both Kolter-developed and EB5AN-sponsored communities offering comparable structure, quality, and job creation performance.
More than 2,700 families from over 70 countries have selected EB-5 projects sponsored by EB5AN regional centers. Our expert team has more than a decade of experience and offers clients first-rate, low-risk EB-5 regional center projects with a 100% USCIS project approval rate.
If you would like to know more about your EB-5 investment options, book a free call with our expert team today.
