“Ultramodern townhomes at the heart of shopping, transportation, and fine dining.”
4-Unit Townhouse Development 4155 & 4157 W. Cypress St. Tampa, FL 33607 www.THEBELVEDEREWESTSHORE.COM Rooms: 3/3 / Rooftop yard / Double balcony / No. of Stories: 3 / 2 garage spaces / Square Feet: 2,700
Carver City-Lincoln Gardens Community
o Tampa International Airport (north) o I-275 (southeast) o Entrance to West Shore Business District The Belvedere Site Location Attributes Fastest growing metropolitan area in the nation with approximately 38 hotels and 250 restaurants.
Steinbrenner (Yankee) Stadium
Raymond James Stadium
Westshore Plaza Amelia Arena – Tampa Bay Lightning Community Engagement Community Engagement As a marketing strategy
o Social Media o Organizations Density & Zoning Current Zoning City of Tampa Zoning Map RS-50 1 unit/dwelling lot
Future Zoning PD (Planned Development) ~ RM-18 18 units/acre PD (Planned Development) ~ RM-18 18 units/acre
Parcel A = 0.14 A B acre
Parcel B = 0.11 acre 3Site story townhomePlan with superior structure that maximizes the long term value of your investment and will embody the ultra modern style of architecture characterized by elegance and functionality. Environmental Constraints & Regulatory Issues 1) Stormwater retention 2) Flood zone 3) Parking and service areas, including typical parking space dimensions 4) Southern Building Code definitions 5) Vehicular and pedestrian access Westshore Multimodal Strategic Transportation Plan o Existing and future planned modes of transportation o Improve quality of the intermodal passenger connection in Tampa Bay o Regional mobility and accessibility by means other FDOT – District Seven than personal motor vehicles o Increase revitalization in areas adjacent to the sites Location Sustainability & Linkages Water Efficiency (Tankless Water Heater) Energy & Atmosphere (optional Solar Panel Roof Deck) Material & Resources Why invest in the Belvedere?
Florida’s largest office community Over 4000 businesses with 94,000 employees 10 square miles situated between six major arteries and two freeways One of the largest business districts in the Florida region Marketing Strategy Collecting the data.
Age Distribution Population Trends
Under 5 2200 Aging 65+ 2100 Under 18 2000
1900
1800
1700 Working Age 18-64 1600
1500
Under 5 Under 18 2000 2010 2011-2015
Working Age (18-64) Aging (65+) Marketing Strategy Collecting the data.
Apartment/Condo Development Total Units
Years Marketing Strategy Tampa’s Choice for Business Current Projects
Office Hotels
Laser Spine Institute HQ Current Hotel AC Hotel by Marriot Avion Park Rocky Point MetWest International Multi-Family
Novus Westshore Grady Square Crescent Westshore W. Spruce St. Grady & Columbus Lois Ave. Comparable Projects Total Cost Land Acquisition Costs $231,000 Construction $1,489,752 General Development $141,395
Total Development Costs $2,006,929
Development Budget/Pro-forma Total Revenue $2,388,900
Total Development Costs $2,006,929
Developer Profit 16% $381,971
Revenue Lender (65%) $1,304,504
Investor (35%) $702,425
Total $2,006,929
Financing Timeline for Development Thanks you! Any questions?