Site work has begun to make way for a 22-story, 73-unit luxury condominium tower in South Tampa.

Naples-based Ronto Group, the developer of Altura Bayshore, said it has started horizontal construction on the site at 2907 S. Ysabella Ave., which is off of Bayshore and Bay to Bay boulevards.

In the last six weeks, $31 million worth of condos have been presold, the developer said, leaving “only a few” penthouse units. The units range from 2,176 to 3,575 square feet and are priced from $1.3 million to $3.4 million.

Connor and Gaskins Unlimited of Naples is the general contractor; Smith and Associates Real Estate LLC has listed the condos for presale.

Power lines and underground utilities on the Altura site have already been relocated; in the weeks ahead, the crews will remove the pavement and begin drilling for two separate buildings. The first is a parking deck for the existing office tower on the property — the Altura site currently serves as surface parking for office tenants.

“We are seeing demand everywhere, locally, domestically and even internationally as of late,” Anthony Solomon, owner of the Ronto Group, said in a statement. “Buyers are attracted to Altura because of the convenient location, the abundance of amenities and private luxury experience with direct water views.”

Altura faced several delays early on its presales campaign; it launched shortly before the novel coronavirus pandemic shuttered nonessential businesses. In July 2020, as interest in the condos ticked up, Solomon told the Tampa Bay Business Journal that a mid-2021 groundbreaking was “realistic.”

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