A new hotel is set to rise in Tampa’s Channelside district, becoming the largest by both height and room count. Developed by McKibbon Hospitality, a veteran hotel operator and developer, the project will introduce a dual-branded AC Hotel and Moxy by Marriott. The site at 111 N. Meridian Avenue was once planned for a storage facility by UDR, but McKibbon acquired the property for $9 million earlier this year and shifted the plan toward hospitality. With plans coming to fruition, the development will be the second dual-branded hotel in Channelside.
Approved by City Council, the development will include 175 hotel rooms under the AC Hotel flag and 135 rooms under Moxy by Marriott. Plans also feature ground-floor retail, a large lobby, and guest amenities such as a pool, bar, and meeting and event space. According to a planning document provided last month, the current proposal provides 57 parking spaces, though that number could change as the design advances.
The building, which will rise 13 floors or 170 FT, was lauded as a great addition architecturally for the area. Councilman Charlie Miranda called it “a nice addition and a beautiful design” in which it “fits the area”. Renderings and elevations provided by the architect show a unique roofline, blue and white accents, and a masked podium intended to improve the streetscape along Meridian Avenue.
According to the Tampa Bay Business Journal, the project is still in the design phase, with permitting and financing to follow. McKibbon is aiming for a February 1, 2026 groundbreaking. “We have really great hospitality lender relationships, and we have a few earmarked for this deal that have already expressed interest,” said J.B. McKibbon, president of McKibbon Equities. Speaking before City Council, he added, “We have been trying very hard to build a new product in downtown for quite some time.”
The rezoning received unanimous approval from City Council, with a second hearing scheduled for September 18. Because UDR demolished the site prior to this proposal, McKibbon has to do little site preparation before moving forward with foundation work and vertical construction.