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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 , 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 180 84 6370 North Nebraska Avenue 114 85 Kirby Street 100 86 Bowels Road Mixed-Use 101 87 Bruce B Downs Blvd & 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 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 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/ 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 / 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 & North Dale Mabry Hwy Tampa FL 33607 Under Construction 390 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 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. Petersburg FL 33705 Under Construction 211 Downtown St Petersburg 06/12/2018 03/31/2020 Total Under Construction 4,875 32 AER in the Arts District West Cass Street & West Tyler Street Tampa FL 33602 Planned 217 Downtown Tampa / Ybor City 33 East 2nd Avenue & North 26th Street 2409 East 2nd Avenue Tampa FL 33605 Planned 275 Downtown Tampa / Ybor City 34 Jade at Hyde Park North West Cass Street & North Willow Avenue Tampa FL 33606 Planned 192 Downtown Tampa / Ybor City 35 Water Street Tampa 1010 Water Street Tampa FL 33602 Planned 481 Hyde Park/Davis Island 36 Westshore Plaza Redevelopment NWC West Kennedy Blvd & North Westshore Blvd Tampa FL 33609 Planned 500 /Bayside 37 Leisey Road Mixed Used Development Leisey Road Apollo Beach FL 33572 Planned 380 Ruskin 38 Progress Village SWC South Falkenburg Road & Progress Blvd Riverview FL 33578 Planned 291 Clair-Mel City 39 Grand Cypress Apartments North 42nd Street & East Broadway Avenue Tampa FL 33602 Planned 324 Orient Park 40 Mirrorton Bartow Road & East Bay Street Lakeland FL 33801 Planned 305 Lakeland Highlands 41 Twin Lakes Estates Phase II 501 Hartsell Avenue Lakeland FL 33815 Planned 132 Lakeland Highlands 42 Cypress Landings Cypress Gardens Blvd & US Highway 27 Winter Haven FL 33884 Planned 210 Winter Haven 43 MetWest International NEC West Boy Scout Blvd & North Lois Avenue Tampa FL 33607 Planned 424 Garver City 44 Waverly Terrace NEC North 56th Street & Bullard Pkwy Temple Terrace FL 33617 Planned 214 Temple Terrace 45 University Mall Redevelopment 2200 East Fowler Avenue Tampa FL 33612 Planned 100 University Square 46 440 3rd Avenue South 440 3rd Avenue South St. Petersburg FL 33701 Planned 270 Downtown St Petersburg 47 Elements on Third Phase III 301 33rd Street North St. Petersburg FL 33713 Planned 128 Gulfport/Lealman 48 Sur Club, The 3000 34th Street South St. Petersburg FL 33711 Planned 296 Gulfport/Lealman 49 Addison Skyway Marina, The 3951 34th Street South St. Petersburg FL 33711 Planned 308 St Pete Beach/Pasdena 50 Avery Commons 3319 39th Avenue South St. Petersburg FL 33712 Planned 65 St Pete Beach/Pasdena 51 West Bay Lofts 500 West Bay Drive Largo FL 33770 Planned 123 Belleair 52 Shoppes at Citrus Ridge Citrus Ridge Road & US Highway 27 Davenport FL 33837 Planned 250 Davenport/Haines City 53 Tuttle Apartments Ernie Caldwell Blvd & US Route 17 Davenport FL 33837 Planned 432 Davenport/Haines City 54 Bexley North - Parcel 5 Phase 1 Connerton Blvd & Flourish Drive Land O' Lakes FL 34637 Planned 208 Land O'Lakes/Odessa

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 55 Cypress Town Center SWC Interstate 75 & State Road 56 Wesley Chapel FL 33543 Planned 230 Land O'Lakes/Odessa 56 Enclave at Wesley Chapel 1930 Devonwood Drive Wesley Chapel FL 33544 Planned 142 Land O'Lakes/Odessa 57 Trinity Pines Preserve Townhomes Mitchell Blvd & Pemberton Rd New Port Richey FL 34653 Planned 60 New Port Richey 58 Spring Center Chalmer Street & Landover Blvd Spring Hill FL 34608 Planned 750 Spring Hill Total Planned 7,307 59 102 East Tyler 102 East Tyler Street Tampa FL 33602 Prospective 188 Downtown Tampa / Ybor City 60 602 East Cass Street 602 East Cass Street Tampa FL 33602 Prospective 369 Downtown Tampa / Ybor City 61 Central Avenue & East Harrison Street SEC Central Avenue & East Harrison Street Tampa FL 33602 Prospective 400 Downtown Tampa / Ybor City 62 Gas Worx 1400 Channelside Drive Tampa FL 33602 Prospective 1,432 Downtown Tampa / Ybor City 63 Kress Block 811 North Franklin Street Tampa FL 33602 Prospective 58 Downtown Tampa / Ybor City 64 Lafayette Place 102 South Plant Avenue Tampa FL 33606 Prospective 200 Downtown Tampa / Ybor City 65 Marti 1212 East 7th Avenue Tampa FL 33605 Prospective 127 Downtown Tampa / Ybor City 66 Modera Tampa 160 West Tyler Street Tampa FL 33602 Prospective 370 Downtown Tampa / Ybor City 67 X Tampa 412 East Zack Street Tampa FL 33602 Prospective 306 Downtown Tampa / Ybor City 68 1077 Water Street 1077 Water Street Tampa FL 33602 Prospective 378 Hyde Park/Davis Island 69 3011 West Gandy Blvd 3011 West Gandy Blvd Tampa FL 33611 Prospective 80 Hyde Park/Davis Island 70 Channelside Bay Plaza Redevelopment 615 Channelside Drive Tampa FL 33602 Prospective 150 Hyde Park/Davis Island 71 North Meridian 111 North Meridian Avenue Tampa FL 33602 Prospective 100 Hyde Park/Davis Island 72 Alta Westshore 701 North Dale Mabry Hwy Tampa FL 33609 Prospective 285 Oakford Park 73 NoHo Square 514 North Rome Avenue Tampa FL 33604 Prospective 246 Oakford Park 74 Westshore Crossing Phase II 4515 North Rome Avenue Tampa FL 33603 Prospective 72 75 Renaissance at West River, The 1129 West Main Street Tampa FL 33607 Prospective 1,922 Tampa Heights 76 Village at Crosstown, The Suarez Road & US Route 301 Tampa FL 33619 Prospective 3,000 Clair-Mel City 77 Hawthorne Mills West Pipkin Road & West Yates Road Lakeland FL 33811 Prospective 180 Lakeland Highlands 78 Jersey Road Workforce Housing East Derby Avenue & Jersey Road Winter Haven FL 33881 Prospective 304 Lakeland Highlands 79 One College Place Reynolds Road & Winter Lake Road Lakeland FL 33812 Prospective 310 Lakeland Highlands 80 Twin Lakes Estates Phase III 501 Hartsell Avenue Lakeland FL 33815 Prospective 86 Lakeland Highlands 81 Varrea SWC East Knights Griffin Road & Charlie Taylor Road Plant City FL 33565 Prospective 700 Lakeland Highlands

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 82 Williams DRI Mixed Use & Polk Pkwy Lakeland FL 33801 Prospective 1,700 Lakeland Highlands 83 3015 North Rocky Point 3015 North Rocky Point Drive FL 33607 Prospective 180 Rocky Creek 84 6370 North Nebraska Avenue 6307 North Nebraska Avenue Tampa FL 33604 Prospective 114 Del Rio/ 85 Kirby Street North 50th Street & East Kirby Street Tampa FL 33617 Prospective 100 Del Rio/College Hill 86 Bowels Road Mixed-Use Bowles Road & Harney Road Tampa FL 33637 Prospective 101 Harney Bruce B Downs Blvd & Tampa Palms Blvd 87 West Bruce B Downs Blvd & Tampa Palms Blvd FL 33647 Prospective 252 Tampa Palms/Pebble Creek 88 Brandon Preserve 339 Brandon Drive Brandon FL 33511 Prospective 200 Brandon/Seffner 89 Lemon Avenue 3818 Lemon Avenue Seffner FL 33584 Prospective 88 Brandon/Seffner 90 City Edge Robert Tolle Drive & Valhalla Pond Drive Riverview FL 33578 Prospective 120 Riverview/Valrico 91 Festival Agricola Road & West McLeod Street Bartow FL 33830 Prospective 102 Bartow 92 1st Street North & 5th Avenue North 1st Street North & 5th Avenue North St. Petersburg FL 33701 Prospective 300 Downtown St Petersburg 93 Halcyon, The 225 1st Avenue North St. Petersburg FL 33701 Prospective 305 Downtown St Petersburg 94 Onyx 211 3rd Street South St. Petersburg FL 33701 Prospective 210 Downtown St Petersburg 95 5475 3rd Lane 5475 3rd Lane North St. Petersburg FL 33703 Prospective 200 Upper St Petersburg 96 Lofts @ St. Petersburg, The 2835 1st Avenue South St. Petersburg FL 33712 Prospective 72 Gulfport/Lealman 97 Cumberland Road 8001 Cumberland Road Seminole FL 33777 Prospective 100 Seminole/Indian Shores 98 Epic at Gateway Centre Phase II, The 3115 Grand Avenue Pinellas Park FL 33782 Prospective 112 Pinellas Park 99 Nouveau 10491 Gandy Blvd North St. Petersburg FL 33702 Prospective 68 Mainlands 100 One Park West SEC Carillon Pkwy & Ulmerton Road St. Petersburg FL 33716 Prospective 298 Mainlands 101 North Greenwood Affordable Housing Project 112 South Osceola Avenue Clearwater FL 33755 Prospective 100 Clearwater 102 Preserve at Lake Ashton, The Lake Ashton Blvd & Thompson Nursery Road Lake Wales FL 33859 Prospective 512 Lake Wales 103 Crystal Bay Lake Wilson Road & Ronald Reagan Pkwy Davenport FL 33896 Prospective 365 Davenport/Haines City 104 Jacks Road & US Route 27 Jacks Road & US Route 27 Davenport FL 33897 Prospective 426 Davenport/Haines City 105 Posner Park Plymouth Drive & Posner Blvd Davenport FL 33837 Prospective 302 Davenport/Haines City 106 Retreat at Lake Wilson Old Lake Wilson Road & Osceola Polk Line Road Davenport FL 33896 Prospective 360 Davenport/Haines City 107 Retreat at Lake Wilson Phase II Old Lake Wilson Road & Osceola Polk Line Road Davenport FL 33896 Prospective 350 Davenport/Haines City 108 Arbours at Saddle Oaks Country Club Road & Old Pasco Road Wesley Chapel FL 33544 Prospective 264 Land O'Lakes/Odessa 109 Lexington Oaks Plaza Lexington Oaks Blvd & Wesley Chapel Blvd Wesley Chapel FL 33544 Prospective 200 Land O'Lakes/Odessa

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 110 Trillium Blvd County Line Road & Trillium Blvd Brooksville FL 34604 Prospective 160 Land O'Lakes/Odessa 111 Wiregrass State Road 56 & State Road 581 Wesley Chapel FL 33543 Prospective 249 Land O'Lakes/Odessa 112 Summerset Senior NWC Eiland Blvd & Fort King Road Zephyrhills FL 33542 Prospective 86 Zephyr Hills 113 Cotee River 7616 Washington Street Port Richey FL 34668 Prospective 240 New Port Richey 114 Forest Oaks Boulevard 8101 Forest Oaks Blvd Spring Hill FL 34606 Prospective 117 Spring Hill 115 Spring Center Phase II Chalmer Street & Landover Blvd Spring Hill FL 34608 Prospective 750 Spring Hill 116 Boulevard at West River, The West Main Street & North Oregon Avenue Tampa FL 33607 Prospective 118 Tampa Heights 117 NoHo Residential North Howard Avenue & Seaman Road Tampa FL 33612 Prospective 218 118 Venetian Isles 1800 South Pinellas Avenue Tarpon Springs FL 34689 Prospective 86 Palm Harbor/Tarpon Springs Total Prospective 20,788 TOTAL TAMPA 35,353

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