Hyde Park Village to add boutique hotel
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Apr 1, 2022

A boutique hotel known for its eclectic aesthetic is coming to Hyde Park Village in 2023.

WS Development, the Boston-based developer of Hyde Park Village, said Friday that it has struck a deal with Los Angeles-based Palisociety, a hospitality company that operates boutique hotels throughout California’s major metros as well as in Seattle and Portland, Oregon. It will be the company’s second location in Florida; the first is Palihouse Miami Beach.

Palihouse Hyde Park Village will bring 36 “residentially inspired suites” to the second floor of 1509 W. Swann Ave., the block that’s home to restaurant On Swann.

The building’s height is not changing; WS will convert the second-floor office space on that block into hotel rooms. Financial terms of the deal and construction were not disclosed.

“The only thing you can’t currently do in Hyde Park Village is spend the night, and we are excited for that to change with the arrival of the ever-charming and always-fabulous Palihouse,” Samantha David, president of WS Development, said in a statement. “Tampa has reached a moment of unprecedented demand as business and leisure travelers alike flock to discover this previously hidden gem of a city.”

The Palihouse deal is the latest win for WS Development, which has poured millions of dollars into the village in the near decade it’s owned the property. The developer has landed several new-to-Tampa Bay concepts over the years, including the region’s first SoulCycle, Sweetgreen, Barry’s, Sur La Table, Madewell and Paper Source, among others.

“When we think of the best of Tampa, it is the charm and history of the city, and that is exactly what Palisociety is embracing in our boutique hotel,” David said. “Their thoughtful and bespoke approach to designing with the neighborhood in mind is the perfect pairing to a place as special as Hyde Park Village.”

Tampa Bay’s hospitality market has undergone a significant evolution in the last decade. Water Street Tampa brought the first JW Marriott to the city; Edition Tampa, a boutique hotel and branded condominium tower, is set to open in the coming months. Pendry, a design-forward luxury hotel flag, is preselling condos in Pendry Tampa, which will include both hotel rooms and branded condominiums.

Roughly 20% of the units in Water Street apartment tower Asher will operate as Roost hotel rooms.

Avi Brosh, founder of Palisociety, said in a statement that the decision to plant a hotel flag is “extremely personal” for the family business.

“When we stepped into Hyde Park Village, we immediately understood that we wanted to interpret that feeling into a signature Palisociety hotel experience — one that we can’t wait to introduce to Tampa,” Brosh said.