Tampa New Construction & Proposed Multifamily Projects 1Q20
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Tampa New Construction & Proposed Multifamily Projects 1Q20 ID PROPERTY UNITS 128 1 Icaria on Pinellas 236 129 130 4 Addison at Sunlake, The 307 5 Union on Fletcher 217 10 Parc at Wesley Chapel 248 13 Central on Orange Lake, The 85 122 17 Sawgrass Creek Phase II 143 Total Lease Up 1,236 30 Notch 112 31 Haven at Hunter's Lake, The 241 35 Altis @ Preserve 350 Total Under Construction 703 49 Waverly Terrace 214 50 University Mall Redevelopment 100 55 Bridge Haven 100 120 56 Cypress Town Center 230 126 57 Central on Orange Lake, The Phase II 50 13 Total Planned 694 124 57 10 119 121 92 Kirby Street 100 17 125 93 Bowels Road Mixed-Use 101 94 Bruce B Downs Blvd & Tampa Palms Blvd West 252 4 55 56 35 123 95 East Fowler Avenue 292 127 119 Arbours at Saddle Oaks 264 120 Bexley North - Parcel 5 Phase 1 208 121 Lexington Oaks Plaza 200 1 31 122 Trillium Blvd 160 133 123 Wiregrass 249 124 Summerset Senior 86 125 Wyndrush Townhomes 106 94 126 Cotee River 240 Honeymoon 127 Trinity Pines Preserve Townhomes 60 Island 5 State Park 50 128 Forest Oaks Boulevard 117 Temporarily 95 129 Spring Center 750 Closed 130 Spring Center Phase II 750 49 93 133 Venetian Isles 86 92 30 Total Prospective 4021 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 Caladesi Island State Park Philippe Park 111 ID PROPERTY UNITS 74 12 Harbour at Westshore, The 192 15 1100 Apex 134 91 Total Lease Up 326 110 15 90 28 22 Grove Isle 298 72 24 Cortland Westshore 589 71 27 Pointe on Westshore, The 444 28 Novel Midtown Tampa 390 St. Pete- Clearwater 36 Satori, The 270 39 International 39 Rosery, The 224 Airport Total Under Construction 2,215 53 53 West Bay Lofts 123 Total Planned 123 109 68 22 12 68 3011 West Gandy Blvd 80 24 71 Westshore Plaza Redevelopment 500 72 Alta Westshore 285 108 27 74 Westshore Crossing Phase II 72 105 90 MetWest International 424 106 107 91 3015 North Rocky Point 180 36 Weedon Island 103 5475 3rd Lane 200 Preserve 105 Cumberland Road 100 106 Epic at Gateway Centre Phase II, The 112 107 Lamplight Village Redevelopment 112 103 108 Nouveau 68 109 One Park West 298 110 North Greenwood Affordable Housing Project 100 111 Union Trail 82 Total Prospective 2,613 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 Weedon Island Vinoy Park 16 Museum of Fine Arts 51 100 Temporarily closed 8 101 6 2 99 St. Petersburg Saturday 52 104 Morning Market 102 The Dali(Salvador Dali Museum) Temporarily closed 11 ID PROPERTY UNITS 2 Artistry 244 6 1701 Central 243 8 Vantage Lofts, The 211 11 Exchange, The 132 16 Elements on Third Phase II 126 Total Lease Up 956 20 Sur Club, The 296 21 Addison Skyway Marina, The 308 Total Under Construction 604 51 Elements on Third Phase III 128 20 52 Gallery 3100 122 Total Planned 250 99 1st Street North & 5th Avenue North 300 21 100 440 3rd Avenue South 270 101 Halcyon, The 305 102 Vibe, The 210 104 Lofts @ St. Petersburg, The 72 Total Prospective 1,157 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 78 25 96 47 MacDill Air Force Base Weedon Island Preserve 40 ID PROPERTY UNITS 3 3 Wildgrass 321 Total Lease Up 321 25 Tapestry Town Center 287 40 Victory Landing 69 EG Simmons 77 41 Belmont Glen 75 Regional Park Total Under Construction 431 47 Progress Village 291 Total Planned 291 Cockroach Bay Aquatic Preserve 77 Leisey Road Mixed Used Development 380 78 Village at Crosstown, The 3,000 96 Brandon Preserve 200 41 Total Prospective 3,580 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 87 86 80 82 48 85 33 89 83 84 97 88 81 113 79 37 ID PROPERTY UNITS 33 Twin Lakes Estates Phase II 132 37 Serenity at Lake Wales 335 Total Under Construction 467 112 98 48 Mirrorton 305 Total Planned 305 79 Grand Cypress Apartments 324 80 Griffin Lofts 60 81 Hawthorne Mills 180 88 Cypress Landings 210 82 Jersey Road Workforce Housing 304 89 RainDance 105 83 Lakeside Village 240 97 Lemon Avenue 88 84 One College Place 310 98 Festival 102 85 Twin Lakes Estates Phase III 86 112 Palms at Kyle Terrace 87 86 Varrea 700 113 Preserve at Lake Ashton, The 512 87 Williams DRI Mixed Use 1,700 Total Prospective 5,008 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 115 9 116 117 14 58 32 114 ID PROPERTY UNITS 34 9 Verso Luxury 250 14 Preserve at ChampionsGate 307 18 Champion Townhome 72 54 Total Lease Up 629 118 32 Thrive by Watermark 328 34 Springs at Posner Park 288 Total Under Construction 616 54 Shoppes at Citrus Ridge 250 Total Planned 250 18 58 Addison Lake Wilson, The 309 114 Crystal Bay 365 115 Jacks Road & US Route 27 426 116 Retreat at Lake Wilson 360 117 Retreat at Lake Wilson Phase II 350 118 Tuttle, The 432 Total Prospective 2,242 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 1Q20 76 44 75 38 132 66 60 23 61 59 26 45 62 131 67 42 ID PROPERTY UNITS 43 Tampa Museum of Art 73 Temporarily closed 7 Altis Grand Central 314 70 Total Lease Up 314 65 64 19 Water Street Tampa 481 Carnival Tampa Bay Port 63 23 Lector85 254 19 26 102 East Tyler 188 7 46 29 815 Water Street 420 69 38 Renaissance at West River Senior, The 160 29 Total Under Construction 1,503 42 AER in the Arts District 217 43 Jade at Hyde Park North 192 44 Marti 81 65 Seasons, The 487 General Hospital 45 Modera Tampa 370 66 Tampa Park Redevelopment 350 Island Place 46 1077 Water Street 378 Condo Association 67 X Tampa 306 Total Planned 1,238 69 Channelside Bay Plaza Redevelopment 150 70 North Meridian 100 59 602 East Cass Street 369 73 NoHo Square 246 60 Gas Worx 1,432 75 Renaissance at West River, The 1,922 61 Independent, The 295 76 West Oak Street Mixed Use Tower 100 62 Kress Block 58 131 NoHo Residential 198 63 Lafayette Place 200 132 Boulevard at West River, The 118 64 Season Suites 54 Total Prospective 6,385 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Icaria on Pinellas 1185 South Pinellas Avenue Tarpon Springs FL 34689 Lease-Up 236 Palm Harbor / Tarpon Springs 03/11/2019 06/30/2021 03/07/2020 2 Artistry 1601 Central Avenue St. Petersburg FL 33713 Lease-Up 244 Downtown St. Petersburg 01/13/2019 03/31/2021 03/03/2020 3 Wildgrass 6617 Simmons Loop Riverview FL 33578 Lease-Up 321 Sun City Center 02/04/2019 12/31/2020 10/21/2019 4 Addison at Sunlake, The 18932 Addison Lake Drive Land O'Lakes FL 34638 Lease-Up 307 Land O'Lakes / Odessa 01/14/2019 10/31/2020 01/16/2020 5 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 6 1701 Central 1701 Central Avenue St. Petersburg FL 33712 Lease-Up 243 Downtown St. Petersburg 01/13/2019 09/30/2020 01/15/2020 7 Altis Grand Central 504 West Grand Central Avenue Tampa FL 33606 Lease-Up 314 Downtown Tampa / Ybor City 12/05/2017 09/30/2020 05/17/2019 8 Vantage Lofts, The 114 16th Street North St. Petersburg FL 33705 Lease-Up 211 Downtown St. Petersburg 06/12/2018 08/31/2020 01/18/2020 9 Verso Luxury 6100 Echelon Way Davenport FL 33896 Lease-Up 250 Davenport / Haines City 05/08/2019 08/31/2020 11/25/2019 10 Parc at Wesley Chapel 5561 Post Oak Blvd Wesley Chapel FL 33544 Lease-Up 248 Land O'Lakes / Odessa 02/05/2019 06/30/2020 02/03/2020 11 Exchange, The 555 Dr. Martin Luther King Jr. Street South St. Petersburg FL 33705 Lease-Up 132 Downtown St. Petersburg 11/10/2018 05/31/2020 02/14/2020 12 Harbour at Westshore, The 5320 South West Shore Blvd Tampa FL 33611 Lease-Up 192 Gandy / Ballast Point 03/24/2018 05/31/2020 01/13/2020 13 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 14 Preserve at ChampionsGate 175 Pintail Lane ChampionsGate FL 33896 Lease-Up 307 Davenport / Haines City 10/16/2018 05/31/2020 07/23/2019 15 1100 Apex 1100 West Cleveland Street Clearwater FL 33755 Lease-Up 134 Clearwater 03/20/2018 05/31/2020 04/01/2019 16 Elements on Third Phase II 301 33rd Street North St. Petersburg FL 33713 Lease-Up 126 Gulfport / Lealman 10/15/2017 04/30/2020 01/28/2019 17 Sawgrass Creek Phase II 8800 Lazy River Loop New Port Richey FL 34655 Lease-Up 143 New Port Richey 07/01/2017 04/30/2020 10/23/2018 18 Champion Townhome 1360 Davenport Blvd Davenport FL 33837 Lease-Up 72 Davenport / Haines City 03/21/2017 04/30/2020 03/30/2018 Total Lease-Up 3,782 19 Water Street Tampa 1010 Water Street Tampa FL 33602 Under Construction 481 Hyde Park / Davis Island 01/10/2020 08/31/2022 20 Sur Club, The 3301 32nd Avenue South St.