740-Foot Elliott Towers Proposed for Downtown Tampa, FAA Filing Reveals Early Vision

Tampa may be on track to welcome its tallest tower yet, according to a recent FAA filing. On November 25th, Colton Elliott, founder of Elliott International, submitted an application for a 740 FT structure planned for the former Kress Block in Downtown Tampa. The proposal would replace the entire block with a skyscraper rising more than 70 stories, set to include office, dining, and residential space. The project, spanning 801, 805, 807, 811, and 815 North Franklin Street, is slated to be known as Elliott Towers.

While the firm has filed an FAA application, the tower remains in the early stages of land acquisition and entitlement approvals. The entire block is currently owned by CW Kress LLC, tied to Carolyn Wilson who acquired the properties in 2017. Early social media posts suggest the tower concept was launched only recently, with AI-generated imagery used to showcase potential designs for the site. Elliott International has emphasized that these rendering are conceptual and do not represent finalized plans.

According to a description in the FAA filing, Elliott Towers will begin with two levels of retail and lobby space, followed by 8-10 floors of office uses and another 10-15 floors of condo-hotel units. Above that, the tower will transition into about 39 stories of private residences, capped by two mechanical levels. The project has an anticipated groundbreaking in early 2028, and all figures remain subject to refinement.

According to the development’s website, the proposed tower is projected for completion in early 2032. The plan calls for 118 ultra‑luxury condominiums (starting at $1.05 M), two penthouses, condo‑hotel units, 500,000 SF of Class‑A office space, flagship retail brands, and a Michelin‑star restaurant on the ground floor.

Residents would have access to 24/7 concierge and valet service, a wellness‑focused fitness center, private lounges, a large ballroom, a rooftop infinity pool, and much more. Parking is set to total 1,200 spaces for both residents and patrons.

As per the developer’s recent Instagram post, there is claims of “$40 million in funding”, with new investment along the way. If the tower is set on moving forward, the development will likely apply for permits and building plan approvals very soon. Because plans are still flexible, it’s unknown if the development will incorporate the historic designs of the current site or do a demolition, although current city designations of the land restrict an all-out demolition.

While the FAA filing is an important early step, it does not guarantee the project will move forward. The proposal still hinges on securing the land, gathering financing, and navigating a lengthy entitlement process. Elliott International, the firm behind the tower, has not delivered a high-rise or a project of this magnitude, adding uncertainty to the tower’s prospects. For now, the plan remains highly speculative.

Still, if the development advances, the structure would become the tallest building in Tampa and a symbolic addition to a downtown that continues to grow at a record pace.