ONE Tampa June 2026 Construction Update

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

Construction at ONE Tampa continued its upward trajectory through the reporting period, with concrete operations advancing through the upper floors and interior finish work progressing steadily on the levels below.

Vertical progress remained strong. Concrete pours advanced through levels 32, 33, and 34, with both pour sequences completed at each level. This kept the tower’s structural climb on pace with the enclosure and interior work following behind it.

Interior buildout continued to accelerate on multiple fronts. On level 16, MEPF (mechanical, electrical, plumbing, and fire protection) rough-in work was completed, and framing began on the elevator lobby, marking a shift toward finish-level work on that floor. Sheetrock installation moved forward on level 15. Level 12 saw ceiling framing completed in the business center, along with sheetrock hung on unit ceilings, another sign of interior systems maturing on the lower floors.

Higher up, level 29 progressed on several trades simultaneously. Top track installation is underway, CMU (concrete masonry unit) block has been stocked on site for upcoming wall construction, plumbing riser installation is in progress, and drywall shaft work is moving forward as well.

Overall, the month showed continued momentum across structural, mechanical, and interior phases, with the tower advancing through its upper levels while trade work below matures from rough-in toward finished interiors.

Job Creation Completed for ONE Tampa

As of May 2026, the project has generated 1,419 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 145 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,/a> (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 3,000 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 high-quality, 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.