Tampa New Construction & Proposed Multifamily Projects
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Tampa New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS Ben T Davis Beach 5 Allure at Gateway, The 274 6 Harbor at Westshore, The 192 11 1100 Apex 134 Sand Key Park 13 Elements on Third Phase II 126 14 Cortona South Tampa 300 Total Lease Up 1,026 16 Bowery Bayside Phase II 589 20 Novel Midtown Tampa 390 21 1701 Central 243 22 Artistry 251 23 Satori, The 270 25 Elements on Third Phase III 128 27 Rosery, The 224 29 Exchange, The 132 30 Vantage Lofts, The 211 Total Under Construction 2,438 35 Pointe on Westshore, The 444 39 MetWest International 424 41 Halcyon, The 305 Weedon Island Preserve 42 Sur Club, The 296 43 Addison Skyway Marina, The 308 44 Grove Isle 298 45 West Bay Lofts 123 Total Planned 2,198 59 3011 West Gandy Blvd 80 62 Westshore Plaza Redevelopment 500 John’s Pass Seafood 73 3015 North Rocky Point 180 Fest Oct 18-20 82 1st Street North & 5th Avenue North 300 83 Onyx 210 84 5475 3rd Lane 200 85 1st Avenue South & 28th Street South 72 86 Raytheon Site Redevelopment 50 87 Cumberland Road 100 88 Epic at Gateway Centre Phase II, The 112 89 Nouveau 68 Boca Ciega Bay Aquatic 90 One Park West 298 Preserve Total Prospective 2,170 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 10 Altis Grand Central 314 Total Lease Up 314 18 815 Water Street 420 26 Renaissance at West River Senior, The 160 Total Under Construction 580 31 AER in the Arts District 217 32 East 2nd Avenue & North 26th St. 275 33 Jade at Hyde Park North 192 34 Water Street Tampa 481 Total Planned 1,165 49 102 East Tyler 188 50 2305 East 3rd Avenue 100 51 602 East Cass Street 369 52 Central Avenue & East Harrison St. 400 53 Gas Worx 1,432 54 Kress Block 58 55 Lafayette Place 200 56 Marti 127 57 Modera Tampa 370 58 1077 Water Street 378 Channelside Bay Plaza 60 Redevelopment 150 61 North Meridian 100 63 NoHo Square 246 65 Renaissance at West River, The 1,922 107 Boulevard at West River, The 118 Total Prospective 6,158 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 3 Union on Fletcher 217 7 Main Street Landing 77 12 Volaris Starkey Ranch 384 15 Sawgrass Creek Phase II 143 Total Lease Up 821 19 Meres Crossing 236 24 Haven at Hunter's Lake, The 241 28 Residences at Orange Lake 85 Total Under Construction 562 40 University Mall Redevelopment 100 47 Cypress Town Center 230 48 Spring Center 750 Total Planned 1,080 64 Watermans Crossing Phase II 72 74 6370 North Nebraska Avenue 114 75 Kirby Street 100 76 Bowels Road Mixed-Use 101 77 Temple Terrace 214 78 Bruce B Downs Blvd & Tampa 252 Palms Blvd West 98 Arbours at Saddle Oaks 264 99 Gables at Seven Oaks 723 100 Lexington Oaks Plaza 200 101 Trillium Blvd 160 102 Wiregrass 249 103 Summerset Senior 86 104 Cotee River 240 105 Forest Oaks Boulevard 117 106 Spring Center Phase II 750 108 NoHo Residential 218 109 Venetian Isles 86 Total Prospective 3,946 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 1 Wildgrass 321 Total Lease Up 321 17 Tapestry Town Center 287 Total Under Construction 287 36 Progress Village 291 37 Mirrorton 305 38 Twin Lakes Estates Phase II 132 Total Planned 728 66 Village at Crosstown, The 3,000 67 Hawthorne Mills 180 69 One College Place 310 70 Twin Lakes Estates Phase III 86 71 Varrea 700 79 Lemon Avenue 88 80 City Edge 120 81 Festival 102 Total Prospective 4,586 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Tampa New Construction & Proposed Multifamily Projects 3Q19 ID PROPERTY UNITS 2 Verso 250 4 Champion 72 8 Preserve at ChampionsGate 307 9 Legacy Union Square Phase II 142 Total Lease Up 771 46 Shoppes at Citrus Ridge 250 Total Planned 250 68 Jersey Road Workforce Housing 304 72 Williams DRI Mixed Use 1,700 91 Preserve at Lake Ashton, The 512 92 Serenity at Lake Wales 335 93 Crystal Bay 365 94 Jacks Road & US Route 27 426 95 Posner Park 302 96 Retreat at Lake Wilson 360 97 Retreat at Lake Wilson Phase II 350 Total Prospective 4,654 2 mi 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 09/26/2019 2 Verso 6100 Echelon Way Davenport FL 33896 Lease-Up 250 Davenport/Haines City 05/08/2019 11/30/2020 08/01/2019 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 Champion 1360 Davenport Blvd Davenport FL 33837 Lease-Up 72 Davenport/Haines City 03/21/2017 02/29/2020 03/30/2018 5 Allure at Gateway, The 8851 US Highway 19 Pinellas Park FL 33782 Lease-Up 274 Pinellas Park 07/25/2018 01/31/2020 06/05/2019 6 Harbor at Westshore, The 5320 South West Shore Blvd Tampa FL 33611 Lease-Up 192 Gandy/Ballast Point 03/24/2018 01/31/2020 04/05/2019 7 Main Street Landing 5500 Main Street New Port Richey FL 34652 Lease-Up 77 New Port Richey 02/06/2018 12/31/2019 08/07/2019 8 Preserve at ChampionsGate 175 Pintail Lane ChampionsGate FL 33896 Lease-Up 307 Davenport/Haines City 10/16/2018 12/31/2019 07/23/2019 9 Legacy Union Square Phase II 201 Kenbrook Way Davenport FL 33896 Lease-Up 142 Davenport/Haines City 01/22/2019 12/31/2019 05/31/2019 Downtown Tampa / Ybor 10 Altis Grand Central 504 West Grand Central Avenue Tampa FL 33606 Lease-Up 314 City 12/05/2017 11/30/2019 05/17/2019 11 1100 Apex 1100 West Cleveland Street Clearwater FL 33755 Lease-Up 134 Clearwater 03/20/2018 11/30/2019 04/01/2019 12 Volaris Starkey Ranch 1470 Long Spur Odessa FL 33556 Lease-Up 384 New Port Richey 07/17/2018 10/31/2019 02/27/2019 13 Elements on Third Phase II 301 33rd Street North St. Petersburg FL 33713 Lease-Up 126 Gulfport/Lealman 10/15/2017 10/31/2019 01/28/2019 14 Cortona South Tampa 5145 South Dale Mabry Hwy Tampa FL 33611 Lease-Up 300 Gandy/Ballast Point 01/26/2018 10/31/2019 01/23/2019 15 Sawgrass Creek Phase II 8800 Lazy River Loop New Port Richey FL 34655 Lease-Up 143 New Port Richey 07/01/2017 10/31/2019 10/23/2018 Total Lease-Up 3,253 16 Bowery Bayside Phase II 6301 South West Shore Blvd Tampa FL 33616 Under Construction 589 Gandy/Ballast Point 05/19/2019 12/31/2021 17 Tapestry Town Center South Gornto Lake Road & Selmon Expressway Brandon FL 33511 Under Construction 287 Brandon/Seffner 07/31/2019 12/31/2021 18 815 Water Street 815 Water Street Tampa FL 33602 Under Construction 420 Hyde Park/Davis Island 03/13/2019 06/30/2021 Palm Harbor/Tarpon 19 Meres Crossing SEC Meres Blvd & Pinellas Avenue Tarpon Springs FL 34689 Under Construction 236 Springs 03/11/2019 06/30/2021 20 Novel Midtown Tampa SEC Interstate 275 & North Dale Mabry Hwy Tampa FL 33607 Under Construction 390 Oakford Park 07/11/2019 05/28/2021 21 1701 Central 1701 Central Avenue St. Petersburg FL 33712 Under Construction 243 Downtown St Petersburg 01/13/2019 03/31/2021 22 Artistry 1601 Central Avenue Saint Petersburg FL 33713 Under Construction 251 Downtown St Petersburg 01/13/2019 03/31/2021 23 Satori, The 3110 Grand Avenue Pinellas Park FL 33781 Under Construction 270 Pinellas Park 06/02/2019 02/28/2021 24 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 12/31/2020 25 Elements on Third Phase III 301 33rd Street North St. Petersburg FL 33713 Under Construction 128 Gulfport/Lealman 07/01/2019 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 28 Residences at Orange Lake 6561 Circle Blvd New Port Richey FL 34652 Under Construction 85 New Port Richey 04/16/2019 05/31/2020 29 Exchange, The 555 Dr. Martin Luther King Jr. Street South St. Petersburg FL 33705 Under Construction 132 Downtown St Petersburg 11/10/2018 03/31/2020 30 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 3,867 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 Downtown Tampa / Ybor 31 AER in the Arts District West Cass Street & West Tyler Street Tampa FL 33602 Planned 217 City Downtown Tampa / Ybor 32 East 2nd Avenue & North 26th Street 2409 East 2nd Avenue Tampa FL 33605 Planned 275 City Downtown Tampa / Ybor 33 Jade at Hyde Park North West Cass Street & North Willow Avenue Tampa FL 33606 Planned 192 City 34 Water Street Tampa 1010 Water Street Tampa FL 33602 Planned 481 Hyde Park/Davis Island 35 Pointe on Westshore, The 4950 West Prescott Street Tampa FL 33616 Planned 444 Gandy/Ballast Point 36 Progress Village SWC South Falkenburg Road & Progress Blvd Riverview FL 33578 Planned 291 Clair-Mel City 37 Mirrorton Bartow Road & East Bay Street Lakeland FL 33801 Planned 305 Lakeland Highlands 38 Twin Lakes Estates Phase II 501 Hartsell Avenue Lakeland FL 33815 Planned 132 Lakeland Highlands 39 MetWest International NEC West Boy Scout Blvd & North Lois Avenue Tampa FL 33607 Planned 424 Garver City 40 University Mall Redevelopment 2200 East Fowler Avenue Tampa FL 33612 Planned 100 University Square 41 Halcyon, The 225 1st Avenue North St.