tampa new construction & proposed multifamily projects 3q17 · 9 nobay 270 east bay street...
TRANSCRIPT
Tampa New Construction & Proposed Multifamily Projects
Leasing
Under Construction
Planned
Prospective
LEGEND
a Berkshire Hathaway and Leucadia National company
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ID PROPERTY UNITS1 M South 2882 Oasis at Highwoods Preserve, The 4003 Park at Wellington 3304 Bellarmine Hall 695 Retreat at Tampa, The 1066 Avenue, The 2647 Gate, The 3088 Nolen, The 2579 Nobay 55
Total Lease-Up 2,07710 Crescent Riverwalk 39411 Pearl, The 31412 Dunedin Commons 28013 Channel Club 32314 Seazen 32315 Suncoast Credit Union 45016 Main Street Landing 8017 930 Central Flats 21818 Champions Vue 32619 Manor at Harbour Island, The 34020 Broadway, The 25821 Artisan, The 6522 Portofino at Champions Gate, The 12023 Nine 15 36224 Haven 46 15825 Legacy Callawalk 31826 Bainbridge Ybor City 24027 Avanti 366
Total Under Construction 4,93528 405 East Kennedy 22529 AER in the Arts District 34430 Altis Grand Central 31431 Manor Riverwalk 40032 Town at Westshore Marina District 39633 5208 North Florida Avenue 5234 West Lake Redevelopment 10035 West Hillsborough Avenue &
Tampa Shores Blvd 18636 Sweetwater Villas 5637 Robert Tolle 24038 3rd Street & 2nd Avenue 21039 Halcyon, The 30640 Icon St. Petersburg 36841 MLK & 6th Avenue South 13242 Phillips Skyway Marina 31643 Skyline 2 12444 Skyline 2 Phase II 12245 One Park West 19846 Palms of Pinellas 9247 Strand, The 10048 Meres Crossing 23649 Bexley South 30050 Brightwork Crossing 35051 Wiregrass 24952 Residences at Orange Lake 8553 Starkey Ranch 38454 Forest Oaks Boulevard 11755 West River Redevelopment 1600
Total Planned 7,60256 220 East Madison 10057 2305 East 3rd Avenue 10058 Central Avenue & East Harrison
Street 40059 Gas Worx 143260 Kress Block 5861 Lafayette Place 20062 Marti 10063 319 Bayshore Blvd 13064 Channelside Bay Plaza Redevelop-
ment 15065 Bowery Bayside Phase II 58966 Newport Tampa 10067 Phillips Delaney Creek 29068 Village at Crosstown, The 300069 Orient Road 10070 Jersey Road Workforce Housing 30471 Varrea 700
72 Williams DRI Mixed Use 170073 MetWest International 25474 3015 North Rocky Point 25875 6629 Gunn Hwy 20076 Linebaugh Avenue 10077 Kirby Street 10078 Temple Terrace 21479 Standard at Tampa, The 21480 Bruce B Downs Blvd & Tampa
Palms Blvd West 252
81 4th Street North & Central Avenue North 100
82 Raytheon Site Redevelopment 5083 Epic at Gateway Centre Phase II,
The 11284 Westshore Marina District 34585 Serenity at Lake Wales 33586 Posner Boulevard 24087 US Route 27 & Jack Road 42688 Cypress Town Center 23089 Epperson Ranch 20090 Gables at Seven Oaks 72391 South Branch Ranch 50092 Spanish Lakes 14093 Cotee River 24094 Mitchell 54 West 33095 Quarry Preserve 185096 Bayside Reserves 156
Total Prospective 1,7022
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3Q17
Source: Yardi Matrix5 mi
53
48
52
46
45
47
32
36
33
35
37
4439
3842 41
4043
4951
50
54
34
16
2225
18
20
2717
2112
24
15
14
23
19
13
11
26
10
55
29
28
3130
92
95
9194
76
74 73
79
7778
68
71
70
72
69
67
96
8384
81
66
65
82
75
88
80
90
89
86
87
85
93
60
59
62
56
61
63
64
57
58
ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 M South 5110 South Manhattan Avenue Tampa FL 33611 Pollack Shores Lease-Up 288 Gandy/Ballast Point 05/01/2016 02/28/2018 07/03/2017
2 Oasis at Highwoods Preserve, The 18311 Highwoods Preserve Pkwy Tampa FL 33647 Picerne Real Estate Group Lease-Up 400 Tampa Palms/Pebble Creek 05/01/2017 12/31/2017 08/01/2017
3 Park at Wellington 4369 Sunray Drive Holiday FL 34691 Housing Trust Group Lease-Up 330 New Port Richey 08/01/2016 12/31/2017 04/29/2017
4 Bellarmine Hall 12977 North 50th Street Tampa FL 33617 Newman Student Housing Fund Lease-Up 69 University of South Florida 08/03/2016 09/30/2017 05/15/2017
5 Retreat at Tampa, The 11326 North 46th Street Tampa FL 33617 Landmark Properties Lease-Up 106 Temple Terrace 11/01/2016 09/30/2017 04/26/2017
6 Avenue, The 6720 South Florida Avenue Lakeland FL 33813 Village Partners Lease-Up 264 Lakeland Highlands 07/18/2016 09/30/2017 04/01/2017
7 Gate, The 1550 Calder Blvd Championsgate FL 33896 Investors Realty Lease-Up 308 Davenport/Haines City 09/30/2015 09/30/2017 10/17/2016
8 Nolen, The 901 Cleveland Street Clearwater FL 33756 Prospect Property Group Lease-Up 257 Clearwater 02/01/2015 09/30/2017 05/01/2016
9 Nobay 270 East Bay Street Lakeland FL 33801 Broadway Real Estate Services Lease-Up 55 Lakeland Highlands 12/01/2015 09/30/2017 04/01/2016
TOTAL LEASE-UP 2,077
10 Crescent Riverwalk 100 West Fortune Street Tampa FL 33602 Crescent Communities Under Construction 394 Downtown Tampa / Ybor City 03/06/2017 03/31/2019
11 Pearl, The 350 West Palm Avenue Tampa FL 33602 SoHo Capital Under Construction 314 Tampa Heights 02/01/2017 02/28/2019
12 Dunedin Commons 375 Patricia Avenue Dunedin FL 34698 Primerica Group One Under Construction 280 Dunedin 07/01/2017 01/31/2019
13 Channel Club 1115 East Twiggs Street Tampa FL 33602 ECI Group Under Construction 323 Hyde Park/Davis Island 10/01/2016 09/30/2018
14 Seazen 7616 Courtney Campbell Cswy Tampa FL 33607 ZOM Under Construction 323 Rocky Creek 04/01/2017 09/30/2018
15 Suncoast Credit Union 6536 East Hillsborough Avenue Tampa FL 33610 Suncoast Credit Union Under Construction 450 04/02/2017 08/31/2018
16 Main Street Landing 5500 Main Street New Port Richey FL 34652 McGurn Management Company Under Construction 80 New Port Richey 02/21/2017 06/30/2018
17 930 Central Flats 930 Central Avenue St. Petersburg FL 33705 Bainbridge Companies Under Construction 218 Downtown St Petersburg 03/22/2017 04/30/2018
18 Champions Vue SEC US Route 27 & Bella Citta Blvd Davenport FL 33897 Sun Park Companny Under Construction 326 Davenport/Haines City 03/09/2017 04/30/2018
19 Manor at Harbour Island, The 402 Knights Run Avenue Tampa FL 33602 Related Group Under Construction 340 Hyde Park/Davis Island 06/01/2016 03/31/2018
20 Broadway, The 12700 66th Street North Largo FL 33773 Dockside Investors Under Construction 258 Largo 09/30/2016 01/31/2018
21 Artisan, The 940 Douglas Avenue Dunedin FL 34698 J. Kokolakis Contracting Under Construction 65 Dunedin 04/17/2017 01/31/2018
22 Portofino at Champions Gate, The Champions Gate Blvd & Ronald Reagan Pkwy Davenport FL 33896 Titan Management Under Construction 120 Davenport/Haines City 07/01/2016 01/31/2018
23 Nine 15 915 North Franklin Street Tampa FL 33602 Carter Under Construction 362 Downtown Tampa / Ybor City 12/14/2015 12/31/2017
24 Haven 46 14500 North 46th Street Tampa FL 33613 Haven Campus Communities Under Construction 158 University of South Florida 08/01/2016 12/31/2017
25 Legacy Callawalk SWC Osceola Polk Line Road & Lake Wilson Road Davenport FL 33896 Goldberg Companies Under Construction 318 Davenport/Haines City 01/20/2016 11/30/2017
26 Bainbridge Ybor City 1512 East 12th Avenue Ybor City FL 33605 Bainbridge Companies Under Construction 240 Downtown Tampa / Ybor City 03/01/2016 09/30/2017
27 Avanti 201 4th Street South St. Petersburg FL 33701 NRP Group Under Construction 366 Downtown St Petersburg 04/01/2016 09/30/2017
TOTAL UNDER CONSTRUCTION 4,935
28 405 East Kennedy 405 East Kennedy Blvd Tampa FL 33602 HRI Properties Planned 225 Downtown Tampa / Ybor City
29 AER in the Arts District East Cass Street & East Tyler Street Tampa FL 33602 American Land Ventures Planned 344 Downtown Tampa / Ybor City
30 Altis Grand Central 504 Grand Central Avenue Tampa FL 33606 Altman Companies Planned 314 Downtown Tampa / Ybor City
31 Manor Riverwalk 202 South Parker Street Tampa FL 33606 Related Group Planned 400 Downtown Tampa / Ybor City
32 Town at Westshore Marina District Gandy Blvd & West Shore Blvd Tampa FL 33611 Related Group Planned 396 Sunset Park/Bayside
33 5208 North Florida Avenue 5208 North Florida Avenue Tampa FL 33603 Burdette, Wesley Planned 52 Tampa Heights
34 West Lake Redevelopment 500 Hartsell Avenue Lakeland FL 33815 Lakeland Housing Authority Planned 100 Lakeland Highlands
35 West Hillsborough Avenue & Tampa Shores Blvd SEC West Hillsborough Avenue & Tampa Shores Blvd Tampa FL 33615 Cortland Partners Planned 186 Rocky Creek
36 Sweetwater Villas 4106 West Humphrey Street Tampa FL 33614 Blue Sky Communities Planned 56 Mullis City
37 Robert Tolle Valhalla Pond Drive & Robert Tolle Drive Riverview FL 33578 Richman Group of Companies, The Planned 240 Riverview/Valrico
38 3rd Street & 2nd Avenue SWC 3rd Street South & 2nd Avenue South St. Petersburg FL 33701 American Land Ventures Planned 210 Downtown St Petersburg
39 Halcyon, The NWC 1st Avenue North & 2nd Street North St. Petersburg FL 33701 David Mack Properties Planned 306 Downtown St Petersburg
40 Icon St. Petersburg 801 Central Avenue St. Petersburg FL 33701 Related Group Planned 368 Downtown St Petersburg
41 MLK & 6th Avenue South Dr MLK Jr & 6th Avenue South St. Petersburg FL 33701 Richman Group of Companies, The Planned 132 Downtown St Petersburg
42 Phillips Skyway Marina SEC 30th Avenue South & 34th Street South St. Petersburg FL 33711 Phillips Development & Realty Planned 316 Gulfport/Lealman
43 Skyline 2 301 33rd Street North St. Petersburg FL 33713 Altis Real Estate Strategies Planned 124 Gulfport/Lealman
44 Skyline 2 Phase II 3rd Avenue North & 33rd Street North Saint Petersburg FL 33713 Altis Real Estate Strategies Planned 122 Gulfport/Lealman
45 One Park West SEC Carillon Pkwy & Ulmerton Road St. Petersburg FL 33716 Echelon Planned 198 Mainlands
46 Palms of Pinellas 13101 Belcher Road Largo FL 33773 Primerica Group One Planned 92 Largo
47 Strand, The 1100 Cleveland Street Clearwater FL 33755 GlenStar Properties Planned 100 Clearwater
48 Meres Crossing SEC Meres Blvd & South Pinellas Avenue Tarpon Springs FL 34689 Forge Capital Partners Planned 236 Palm Harbor/Tarpon Springs
49 Bexley South 17049 Mentmore Blvd Land O' Lakes FL 34638 Newland Communities Planned 300 Land O'Lakes/Odessa
50 Brightwork Crossing State Route 56 & Wesley Chapel Blvd Wesley Chapel FL 33546 Brightwork Real Estate Planned 350 Land O'Lakes/Odessa
Source: Yardi Matrix
Tampa New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
51 Wiregrass State Road 56 & State Road 581 Wesley Chapel FL 33543 NRP Group Planned 249 Land O'Lakes/Odessa
52 Residences at Orange Lake 6561 Circle Blvd New Port Richey FL 34652 City of New Port Richey Planned 85 New Port Richey
53 Starkey Ranch State Road 54 & Gunn Hwy Odessa FL 33556 Wheelock Street Capital Planned 384 New Port Richey
54 Forest Oaks Boulevard 8101 Forest Oaks Blvd Spring Hill FL 34606 Zabryski, Richard Planned 117 Spring Hill
55 West River Redevelopment West Main Street & North Rome Avenue Tampa FL 33607 Tampa Housing Authority Planned 1600 Wellswood
TOTAL PLANNED 7,602
56 220 East Madison 220 East Madison Street Tampa FL 33602 Garcia, Omar M. Prospective 100 Downtown Tampa / Ybor City
57 2305 East 3rd Avenue 2305 East 3rd Avenue Tampa FL 33605 Jensen Custom Cabinetry Prospective 100 Downtown Tampa / Ybor City
58 Central Avenue & East Harrison Street SEC Central Avenue & East Harrison Street Tampa FL 33602 Tampa Housing Authority Prospective 400 Downtown Tampa / Ybor City
59 Gas Worx 1400 Channelside Drive Tampa FL 33605 Phillips Development & Realty Prospective 1432 Downtown Tampa / Ybor City
60 Kress Block 811 North Franklin Street Tampa FL 33602 Walson Ventures Prospective 58 Downtown Tampa / Ybor City
61 Lafayette Place West Kennedy Blvd & Parker Street Tampa FL 33606 Hillsborough River Realty Company Prospective 200 Downtown Tampa / Ybor City
62 Marti 1212 East 7th Avenue Tampa FL 33605 Guagliardo, Salvatore J Prospective 100 Downtown Tampa / Ybor City
63 319 Bayshore Blvd 319 Bayshore Blvd Tampa FL 33606 Liberty Group Prospective 130 Hyde Park/Davis Island
64 Channelside Bay Plaza Redevelopment 615 Channelside Drive Tampa FL 33602 Strategic Property Partners Prospective 150 Hyde Park/Davis Island
65 Bowery Bayside Phase II 6301 South West Shore Blvd Tampa FL 33616 Cortland Partners Prospective 589 Gandy/Ballast Point
66 Newport Tampa 4900 Bridge Street Tampa FL 33613 Related Group Prospective 100 Gandy/Ballast Point
67 Phillips Delaney Creek SWC South Falkenburg Road & Progress Blvd Riverview FL 33578 Phillips Development & Realty Prospective 290 Clair-Mel City
68 Village at Crosstown, The Suarez Road & US Route 301 Tampa FL 33619 Wenzel Investments Prospective 3000 Clair-Mel City
69 Orient Road 3609 Orient Road Tampa FL 33619 Marks, Leonard Prospective 100 Orient Park
70 Jersey Road Workforce Housing East Derby Avenue & Jersey Road NW Winter Haven FL 33881 IDN Investment Group Prospective 304 Lakeland Highlands
71 Varrea SWC East Knights Griffin Road & Charlie Taylor Road Plant City FL 33565 Walton International Group Prospective 700 Lakeland Highlands
72 Williams DRI Mixed Use Interstate 4 & Polk Pkwy Lakeland FL 33801 Williams Acquisition Holding Company Prospective 1700 Lakeland Highlands
73 MetWest International NEC West Boy Scout Blvd & North Lois Avenue Tampa FL 33607 MetLife Real Estate Investment Prospective 254 Garver City
74 3015 North Rocky Point 3015 North Rocky Point Drive East Tampa FL 33607 Ascentia Development Group Prospective 258 Rocky Creek
75 6629 Gunn Hwy 6629 Gunn Hwy Tampa FL 33625 Glenmont Capital Management Prospective 200 Carrollwood Village
76 Linebaugh Avenue Bucklin Street & Linebaugh Avenue Tampa FL 33625 First Tampa Development Prospective 100 Carrollwood Village
77 Kirby Street North 50th Street & East Kirby Street Tampa FL 33606 Bayshore-Broadway Prospective 100 Del Rio/College Hill
78 Temple Terrace NEC Bullard Pkwy & North 56th Street Temple Terrace FL 33617 City of Temple Terrace Prospective 214 Temple Terrace
79 Standard at Tampa, The 2810 University Square Drive Tampa FL 33612 Landmark Properties Prospective 214 University Square
80 Bruce B Downs Blvd & Tampa Palms Blvd West Bruce B Downs Blvd & Tampa Palms Blvd West Tampa FL 33647 Pollack Shores Prospective 252 Tampa Palms/Pebble Creek
81 4th Street North & Central Avenue North 4th Street North & Central Avenue North Saint Petersburg FL 33701 Red Apple Group Prospective 100 Downtown St Petersburg
82 Raytheon Site Redevelopment 1501 72nd Street North St. Petersburg FL 33710 Commercial Development Company Prospective 50 St Pete Beach/Pasdena
83 Epic at Gateway Centre Phase II, The 3115 Grand Avenue Pinellas Park FL 33782 Richman Group of Companies, The Prospective 112 Pinellas Park
84 Westshore Marina District 500 Gandy Blvd Tampa FL 33611 Bainbridge Companies Prospective 345 Pinellas Park
85 Serenity at Lake Wales 820 Chalet Suzanne Road Lake Wales FL 33859 Equinox Companies, The Prospective 335 Lake Wales
86 Posner Boulevard Plymouth Drive & Posner Blvd Davenport FL 33837 Continental Properties Prospective 240 Davenport/Haines City
87 US Route 27 & Jack Road US Route 27 & Jack Road Davenport FL 33897 Benner Land Corporation Prospective 426 Davenport/Haines City
88 Cypress Town Center SWC Interstate 75 & State Road 56 Wesley Chapel FL 33543 Sierra Properties Prospective 230 Land O'Lakes/Odessa
89 Epperson Ranch Overpass Road & Curley Road Wesley Chapel FL 33544 Metro Development Group Prospective 200 Land O'Lakes/Odessa
90 Gables at Seven Oaks Eagleston Blvd & Stockton Drive Wesley Chapel FL 33544 Gables Residential Prospective 723 Land O'Lakes/Odessa
91 South Branch Ranch SR 54 & Suncoast Pkwy New Port Richey FL 34655 BRS Industries Prospective 500 Land O'Lakes/Odessa
92 Spanish Lakes Deerbrook Blvd & Oak Ramble Drive Shady Hills FL 34610 MAS Companies Prospective 140 Land O'Lakes/Odessa
93 Cotee River 7616 Washington Street Port Richey FL 34668 Belleair Development Group Prospective 240 New Port Richey
94 Mitchell 54 West SEC Mitchell Ranch Road & State Route 54 New Port Richey FL 34655 Kitson & Partners Prospective 330 New Port Richey
95 Quarry Preserve NEC Ponce De Leon Blvd & Citrus Way Brooksville FL 34614 Florida Rock Properties Prospective 1850 Brooksville
96 Bayside Reserves 164th Avenue North & 49th Street North Clearwater FL 33762 C1 Bank - REO Prospective 156 Feather Sound/High Point
TOTAL PROSPECTIVE 17,022
TOTAL TAMPA 31,636
Source: Yardi Matrix© 2017 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
Tampa New Construction and Proposed Multifamily Projects