McKibbon Hospitality Breaks Ground on 310-Room AC Hotel and Moxy in Tampa Channel District

Construction Underway on 310-Room, Dual-Branded Tampa Hotel
CRE Market Beat Take
A privately developed, dual-branded AC/Moxy with significant retail and event space highlights continued appetite for experiential hotel product in Tampa’s urban core, adding future competition for existing downtown and waterfront assets.

Construction is underway on a new dual-branded hotel project in Tampa’s Channel District, where McKibbon Hospitality is developing an AC Hotel and a Moxy Hotel at 111 N. Meridian Ave. The 13-story building will deliver a combined 310 guestrooms, split between 175 rooms under the AC flag and 135 rooms under the Moxy brand. The property is planned to open in early 2028, adding new hospitality capacity to Tampa’s downtown-adjacent waterfront district.

According to reporting cited from the Tampa Bay Business Journal, McKibbon acquired the 0.74-acre development site in 2025, paying more than $9 million for the land. The hospitality company is now moving forward with vertical construction on the branded hotel pair, which is designed to serve both business and leisure travelers in the Channel District and surrounding downtown Tampa area.

McKibbon has assembled a project team that includes Coastal Construction as the general contractor and Lindsay Pope Brayfield and Associates as the architect. McKibbon’s in-house construction platform, McKibbon Places, is serving as project manager for the development. Once construction is complete, McKibbon’s hotel management arm will operate the AC-Moxy property, keeping development, project management, and hotel operations within the same corporate family.

The planned hotel program extends beyond guestrooms, incorporating multiple food-and-beverage and amenity offerings. At street level, the project will feature a cafe and wine bar fronting the surrounding neighborhood, along with more than 10,500 square feet of retail space designed to activate the ground floor. Higher in the building, plans call for a fifth-floor pool deck as well as a rooftop restaurant and bar intended to take advantage of views over the Channel District and downtown skyline.

In addition to hospitality and retail uses, the project includes more than 6,500 square feet of event space. This flexible meeting and event area is expected to support corporate gatherings, social events, and group business tied to the two hotel brands. The combination of guestrooms, event space, food-and-beverage venues, and street-facing retail positions the property as a mixed-use hospitality asset within a growing urban district.

SRS Real Estate Partners has been engaged to market the ground-floor retail component for lease. As construction progresses toward the targeted early 2028 opening, the dual-branded AC Hotel and Moxy Hotel Tampa Downtown project is set to introduce new lodging, retail, and event space inventory to the Channel District.

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