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
The Importance of Job Creation for EB-5 Investors
Condominium Sales
Experienced Developer
Independent Regional Center
Ongoing Progress and Related Projects
Construction Progress
Construction momentum carried through November and into early December with steady vertical advancement and multiple key structural completions.
Vertical structural work progressed efficiently throughout the month. The team completed both pours for Level 12 and Level 14, and preparation is underway for the upcoming pours on Level 15. Mechanical, electrical, and plumbing risers have now been installed through Levels 9 and 10, and CMU wall installation continues on Levels 5 and 6. These coordinated milestones keep the tower’s upward progress on track as ONE Tampa continues to rise over downtown.
Job Creation Progress for ONE Tampa
As of November 30, 2025, Kolter has spent approximately $68 million in EB-5-eligible development activities, generating more than 838 qualifying jobs, including 385 direct and 452 indirect positions. This represents enough jobs to support the first 83 EB-5 investors in the project. Additional job creation is expected as construction progresses through the tower’s upper floors.
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 122 residences 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 Terra Ceia, 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.
