Construction begins this week on One Tampa, a 42-story, 225-unit luxury condominium located across the street from Curtis Hixon Park.

Once completed, the building will rise 510 feet, making it the tallest residential tower in Tampa.

“This is the future of our city,” Tampa Mayor Jane Castor said at a groundbreaking ceremony on Thursday. “The vertical density. Ensuring that we’re making use of the property and the limited square footage we have.”

Condos start at $1 million and range from 1,100 to 4,000 square feet.

Brian Van Slyke, regional president of Florida’s West Coast for the developer, Kolter Urban said over 50% of units have already sold. The company previously said One Tampa was one of its fastest selling projects, racking up $200 million in sales in just four months.

The top level will feature three penthouse units. There will also be a two-floor amenity deck with a pool, spa, fitness center, F1 racing simulator, golf simulator, social club, fire pits, screening room, co-working space, guest suites and more.

When it was announced in 2022, the building was poised to be the tallest on Florida’s Gulf Coast, topping out at 54 stories and 633 feet. But that plan was scrapped after the Hillsborough County Aviation Commission expressed concerns over how construction might impact flights in and out of Tampa International Airport.

Kolter Urban received pushback from historic preservationists and city officials who wanted to save two buildings on the site that were built in 1912 and 1895. Both buildings on…