Right now, the City of Lakeland is reviewing plans for Ovation at Lake Hunter, a $9.1 million multi-family complex in Lakeland, Florida. The residential venture will comprise two three-story buildings, featuring just 24 units. Conceptual renderings suggest open-air courtyards, walking trails, surface parking, and a manmade lake with a fountain.
Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.
Riverside6 has one goal: to offer “truly affordable” housing for those living in Bradenton, Florida. The five-story complex will offer 80 units, comprising one-bedroom to three-bedroom apartments.
Construction continues on the Canopy at Babcock Ranch, a residential development in Punta Gorda, Florida. DeAngelis Diamond Construction, Inc. is the general contractor and broke ground on the $91 million venture this spring.
Sixty90 Apartments is headed to St. Petersburg, Florida. The $78.2 million venture could start construction later this year, with completion scheduled for 2023. The development’s website reports that the mixed-use development will measure four stories above grade and yield 204 residential units.
