The building contains of retail and office space, in addition to 215 hotel rooms (floors 1-18), 476 rental residential units (floors 19-52), and 263 condominium units & penthouses (floors 53-81). Aqua is the first downtown building to combine condos, apartments and a hotel. Strategic Hotels & Resorts had agreed to acquire the first 15 floors of hotel space upon completion of the building, but terminated its $84 million contract for the space in August 2008, citing significant changes in the economic environment.