Clearwater-based Valor Capital hopes to build two 35-story towers on Florida’s west coast. While in its infancy (and expected to take five years to complete), the development will offer anywhere from 186 to 223 residential units, each with high-end amenities.
A project tentatively known as “ECG Santa Rosa” has been proposed near Orlando Executive Airport. Spearheaded by Elmington, if approved, the venture could offer 200 apartments under the Live Local Act.
Berkadia has recently marked a significant milestone by orchestrating acquisition financing for Tavalo Tradition. Situated in Port St. Lucie, Florida, this 216-town home build-to-rent community is part of the Tradition Master Planned Community. GTIS Partners oversees the buyer’s entity. The financing is a forward acquisition loan supplied by a national bank. It will be allocated incrementally, synchronized with K. Hovnanian’s construction progress, anticipated to span until mid-2024.
In a groundbreaking ceremony yesterday, the transformation of Ybor City took its first step as construction commenced on Canvas GWX, a community of townhomes with an “industrial chic” aesthetic. This residential project, located at 1218 East Kay Street – just outside the 50-acre GasWorx district, is poised to kickstart a wave of redevelopment in the heart of Tampa.
Demolition has commenced on a Quality Foods supermarket in Jacksonville, FL. In its place will be 7th and Hubbard, a mixed-use complex that could offer close to 200 units and various commercial ventures.
