ARC Tampa’s $675M ORA Hotel & Residences Sells $84M in 40 Days
ARC Tampa Development LLC has announced the rapid success of its latest high-profile project, Hotel ORA + Private Residences, a $675 million luxury condominium-hotel development in Tampa Bay. Within just 40 days of launching, the project sold out Phase One, achieving $84.18 million in sales and reinforcing Tampa’s growing reputation as a prime location for upscale real estate investment.
Unprecedented Demand for Hotel ORA + Private Residences
“We are incredibly excited to bring this luxury condo-hotel concept to Tampa,” said Luigi Novembre, co-founder and COO of ARC Realty Group. “Selling 97 units in just 40 days—representing $84,184,095 in sales—has exceeded our expectations. This level of demand demonstrates the strong appeal of our project and the increasing interest in Tampa’s luxury real estate market.”
Hotel ORA + Private Residences will feature a total of 658 units, consisting of 627 condo-hotel suites and 31 private residences. These residences will be situated on the upper floors, offering buyers an exclusive living experience with elevated design, premium finishes, and breathtaking cityscape views.
Construction Timeline and Phase Two Opportunities
With the rapid sellout of Phase One, ARC Tampa Development has set a target date of January 1, 2026, for demolition at the project’s prime location: 1101 East Jackson Street in Tampa. As the project moves into Phase Two, prospective buyers are encouraged to take advantage of early introductory pricing and exclusive incentives before the next wave of units is released.
“We are confident that Phase Two will sell just as quickly,” Novembre added. “With Tampa’s real estate market booming and the unique investment potential of a condo-hotel model, we anticipate continued strong interest from buyers.”
A South Beach-Inspired Luxury Experience in Tampa
Hotel ORA + Private Residences is poised to introduce a five-star, South Beach-inspired lifestyle to Tampa’s vibrant urban core. The development’s luxury accommodations and world-class amenities set a new standard for high-end urban living.
“We’re bringing an elite resort-style experience to the heart of the city,” Novembre explained. “Hotel ORA + Private Residences will offer 627 luxury hotel suites and 31 private residences featuring high ceilings, expansive terraces, and private elevator access.”
Designed with investors and high-net-worth buyers in mind, the project offers 22 unique condo-hotel floor plans, with prices starting at $640,000 and extending beyond $2 million for premium penthouse options. Buyers can also select from 8 distinct penthouse layouts designed for the ultimate luxury lifestyle.
Exclusive Membership & Unrivaled Amenities
Every buyer at Hotel ORA + Private Residences will gain automatic membership into the prestigious Society Club, granting VIP access to the development’s high-end amenities and services.
Among the standout features of Hotel ORA + Private Residences are:
- Private rooftop infinity-edge pool with live music and entertainment
- Luxurious hot tubs, private gazebos, and a poolside restobar
- 10,000-square-foot signature steakhouse restaurant
- An upscale lobby bar and patisserie
- State-of-the-art full-service spa and wellness center
- Expansive fitness center with sauna, plunge tubs, and changing rooms
- A heliport on the roof, offering elite travel convenience
“From the moment you arrive, every detail is curated to offer an unparalleled luxury experience,” said Novembre. “Whether you’re a resident or a hotel guest, you’ll have access to world-class amenities designed to cater to the most discerning clientele.”
Developers & Partners Bringing the Vision to Life
Hotel ORA + Private Residences is being developed by an experienced team that includes ARC Realty Group, Sunwest Construction, and Prosper Group. Together, these industry leaders are dedicated to delivering a transformative luxury living experience in one of the nation’s fastest-growing metropolitan areas.
“This project is a testament to Tampa’s economic strength and appeal as a destination for both residents and investors,” said Novembre. “With cutting-edge design, premium services, and an unbeatable location, Hotel ORA + Private Residences will redefine urban luxury living in Tampa.”
The Future of Luxury Real Estate in Tampa
Tampa’s real estate market has seen a surge in demand, with luxury developments attracting attention from both domestic and international investors. The city’s dynamic economy, growing population, and strong rental market make it a prime location for high-end residential projects like Hotel ORA + Private Residences.
“We are excited to be at the forefront of this growth,” Novembre stated. “By combining resort-style luxury with the investment potential of a condo-hotel model, we are creating a new standard for high-end urban living in Tampa.”
Final Thoughts: A Rare Investment Opportunity
With Phase One officially sold out in record time, Hotel ORA + Private Residences is proving to be one of the most sought-after luxury projects in Tampa’s history. As Phase Two approaches, interested buyers are urged to act quickly to secure their place in this one-of-a-kind development.
“We expect the next phase to sell just as fast,” said Novembre. “Now is the time for buyers to take advantage of introductory pricing, incentives, and the opportunity to invest in a luxury property in one of the country’s most exciting real estate markets.”
