Tampa New Construction & Proposed Multifamily Projects
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Tampa New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 1 Wildgrass 321 3 Union on Fletcher 217 5 Harbour at Westshore, The 192 Total Lease Up 730 15 Bowery Bayside Phase II 589 16 Tapestry Town Center 287 17 Pointe on Westshore, The 444 28 Victory Landing 69 29 Belmont Glen 75 Total Under Construction 1,464 36 Westshore Plaza Redevelopment 500 37 Leisey Road Mixed Used Development 380 38 Progress Village 291 39 Grand Cypress Apartments 324 43 MetWest International 424 44 Waverly Terrace 214 45 University Mall Redevelopment 100 Total Planned 2,233 69 3011 West Gandy Blvd 80 74 Westshore Crossing Phase II 72 76 Village at Crosstown, The 3,000 83 3015 North Rocky Point 180 84 6370 North Nebraska Avenue 114 85 Kirby Street 100 86 Bowels Road Mixed-Use 101 87 Bruce B Downs Blvd & Tampa Palms Blvd West 252 88 Brandon Preserve 200 89 Lemon Avenue 88 90 City Edge 120 117 NoHo Residential 218 Total Prospective 4,525 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 4 Central on Orange Lake, The 85 6 Main Street Landing 80 13 Sawgrass Creek Phase II 143 Total Lease Up 308 20 Meres Crossing 236 21 Haven at Hunter's Lake, The 241 Total Under Construction 477 54 Bexley North - Parcel 5 Phase 1 208 55 Cypress Town Center 230 56 Enclave at Wesley Chapel 142 57 Trinity Pines Preserve Townhomes 60 58 Spring Center 750 Total Planned 1,390 108 Arbours at Saddle Oaks 264 109 Lexington Oaks Plaza 200 110 Trillium Blvd 160 111 Wiregrass 249 112 Summerset Senior 86 113 Cotee River 240 114 Forest Oaks Boulevard 117 115 Spring Center Phase II 750 118 Venetian Isles 86 Total Prospective 2,152 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 7 1100 Apex 134 12 Elements on Third Phase II 126 Total Lease Up 260 14 Grove Isle 298 22 1701 Central 243 23 Artistry 251 24 Satori, The 270 27 Rosery, The 224 30 Exchange, The 132 31 Vantage Lofts, The 211 Total Under Construction 1,629 46 440 3rd Avenue South 270 47 Elements on Third Phase III 128 48 Sur Club, The 296 49 Addison Skyway Marina, The 308 50 Avery Commons 65 51 West Bay Lofts 123 Total Planned 1,190 92 1st Street North & 5th Avenue North 300 93 Halcyon, The 305 94 Onyx 210 95 5475 3rd Lane 200 96 Lofts @ St. Petersburg, The 72 97 Cumberland Road 100 98 Epic at Gateway Centre Phase II, The 112 99 Nouveau 68 100 One Park West 298 101 North Greenwood Affordable 100 Housing Project Total Prospective 1,765 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 2 Verso Luxury 250 8 Champion Townhome 72 9 Preserve at ChampionsGate 307 10 Legacy Union Square Phase II 142 Total Lease Up 771 25 Serenity at Lake Wales 335 Total Under Construction 335 40 Mirrorton 305 41 Twin Lakes Estates Phase II 132 42 Cypress Landings 210 52 Shoppes at Citrus Ridge 250 53 Tuttle Apartments 432 Total Planned 1,329 77 Hawthorne Mills 180 78 Jersey Road Workforce Housing 304 79 One College Place 310 80 Twin Lakes Estates Phase III 86 81 Varrea 700 82 Williams DRI Mixed Use 1,700 91 Festival 102 102 Preserve at Lake Ashton, The 512 103 Crystal Bay 365 104 Jacks Road & US Route 27 426 105 Posner Park 302 106 Retreat at Lake Wilson 360 107 Retreat at Lake Wilson Phase II 350 Total Prospective 5,697 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 11 Altis Grand Central 314 Total Lease Up 314 18 Novel Midtown Tampa 390 19 815 Water Street 420 26 Renaissance at West River Senior, The 160 Total Under Construction 970 32 AER in the Arts District 217 33 East 2nd Avenue & North 26th Street 275 34 Jade at Hyde Park North 192 35 Water Street Tampa 481 Total Planned 1,165 59 102 East Tyler 188 60 602 East Cass Street 369 61 Central Avenue & East Harrison Street 400 62 Gas Worx 1,432 63 Kress Block 58 64 Lafayette Place 200 65 Marti 127 66 Modera Tampa 370 67 X Tampa 306 68 1077 Water Street 378 70 Channelside Bay Plaza Redevelopment 150 71 North Meridian 100 72 Alta Westshore 285 73 NoHo Square 246 75 Renaissance at West River, The 1,922 116 Boulevard at West River, The 118 Total Prospective 6,649 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Wildgrass 6617 Simmons Loop Riverview FL 33578 Lease-Up 321 Sun City Center 02/04/2019 03/31/2021 10/21/2019 2 Verso Luxury 6100 Echelon Way Davenport FL 33896 Lease-Up 250 Davenport/Haines City 05/08/2019 11/30/2020 11/25/2019 3 Union on Fletcher 3600 East Fletcher Avenue Tampa FL 33613 Lease-Up 217 University of South Florida 02/12/2019 10/31/2020 09/19/2019 4 Central on Orange Lake, The 5800 Central Avenue New Port Richey FL 34652 Lease-Up 85 New Port Richey 04/16/2019 05/31/2020 10/14/2019 5 Harbour at Westshore, The 5320 South West Shore Blvd Tampa FL 33611 Lease-Up 192 Gandy/Ballast Point 03/24/2018 05/31/2020 04/05/2019 6 Main Street Landing 5500 Main Street New Port Richey FL 34652 Lease-Up 80 New Port Richey 02/06/2018 02/29/2020 08/07/2019 7 1100 Apex 1100 West Cleveland Street Clearwater FL 33755 Lease-Up 134 Clearwater 03/20/2018 02/29/2020 04/01/2019 8 Champion Townhome 1360 Davenport Blvd Davenport FL 33837 Lease-Up 72 Davenport/Haines City 03/21/2017 02/29/2020 03/30/2018 9 Preserve at ChampionsGate 175 Pintail Lane ChampionsGate FL 33896 Lease-Up 307 Davenport/Haines City 10/16/2018 01/31/2020 07/23/2019 10 Legacy Union Square Phase II 201 Kenbrook Way Davenport FL 33896 Lease-Up 142 Davenport/Haines City 01/22/2019 01/31/2020 05/31/2019 11 Altis Grand Central 504 West Grand Central Avenue Tampa FL 33606 Lease-Up 314 Downtown Tampa / Ybor City 12/05/2017 01/31/2020 05/17/2019 12 Elements on Third Phase II 301 33rd Street North St. Petersburg FL 33713 Lease-Up 126 Gulfport/Lealman 10/15/2017 01/31/2020 01/28/2019 13 Sawgrass Creek Phase II 8800 Lazy River Loop New Port Richey FL 34655 Lease-Up 143 New Port Richey 07/01/2017 01/31/2020 10/23/2018 Total Lease-Up 2,383 14 Grove Isle Carillon Pkwy & Fountain Pkwy North St. Petersburg FL 33716 Under Construction 298 Mainlands 11/04/2019 02/28/2022 15 Bowery Bayside Phase II 6301 South West Shore Blvd Tampa FL 33616 Under Construction 589 Gandy/Ballast Point 05/19/2019 12/31/2021 16 Tapestry Town Center 530 Brandon Town Center Drive Brandon FL 33511 Under Construction 287 Brandon/Seffner 07/31/2019 12/31/2021 17 Pointe on Westshore, The 4950 West Prescott Street Tampa FL 33616 Under Construction 444 Gandy/Ballast Point 09/17/2019 11/30/2021 18 Novel Midtown Tampa SEC Interstate 275 & North Dale Mabry Hwy Tampa FL 33607 Under Construction 390 Oakford Park 10/04/2019 09/30/2021 19 815 Water Street 815 Water Street Tampa FL 33602 Under Construction 420 Hyde Park/Davis Island 03/13/2019 06/30/2021 20 Meres Crossing SEC Meres Blvd & Pinellas Avenue Tarpon Springs FL 34689 Under Construction 236 Palm Harbor/Tarpon Springs 03/11/2019 06/30/2021 21 Haven at Hunter's Lake, The Bruce B Downs Blvd & Hunters Lake Drive Tampa FL 33647 Under Construction 241 Tampa Palms/Pebble Creek 06/14/2019 05/31/2021 22 1701 Central 1701 Central Avenue St. Petersburg FL 33712 Under Construction 243 Downtown St Petersburg 01/13/2019 03/31/2021 23 Artistry 1601 Central Avenue St. Petersburg FL 33713 Under Construction 251 Downtown St Petersburg 01/13/2019 03/31/2021 24 Satori, The 3110 Grand Avenue Pinellas Park FL 33781 Under Construction 270 Pinellas Park 06/02/2019 02/28/2021 25 Serenity at Lake Wales 1040 Chalet Suzanne Road Lake Wales FL 33868 Under Construction 335 Lake Wales 10/10/2019 12/31/2020 26 Renaissance at West River Senior, The 1129 West Main Street Tampa FL 33607 Under Construction 160 Tampa Heights 05/19/2019 11/30/2020 27 Rosery, The 1159 Clearwater-Largo Road North Largo FL 33770 Under Construction 224 Belleair 06/04/2019 11/30/2020 Source: Yardi Matrix Tampa New Construction and Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 28 Victory Landing 8718 Layalie Way Gibsonton FL 33534 Under Construction 69 Ruskin 08/31/2019 08/31/2020 29 Belmont Glen 400 21st Avenue SE Ruskin FL 33570 Under Construction 75 Ruskin 05/31/2019 07/31/2020 30 Exchange, The 555 Dr. Martin Luther King Jr. Street South St. Petersburg FL 33705 Under Construction 132 Downtown St Petersburg 11/10/2018 05/31/2020 31 Vantage Lofts, The 114 16th Street North St.