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Downtown Tampa condo-hotel scores largest loan of its kind

Green energy loan for Pendry Hotel & Residences Tampa includes first in Florida to fund flood panels
In this rendering, the Pendry Hotel & Residences Tampa rises along the Hillsborough River in downtown Tampa, Florida. (Two Roads Development)
In this rendering, the Pendry Hotel & Residences Tampa rises along the Hillsborough River in downtown Tampa, Florida. (Two Roads Development)
CoStar News
September 22, 2025 | 6:39 P.M.

The Pendry Hotel & Residences Tampa, a 38-story condo-hotel being developed by Two Roads Development along the city’s downtown riverfront, has scored over $500 million in construction financing, including the largest green energy loan of its kind.

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News | Downtown Tampa condo-hotel scores largest loan of its kind