Southwest Florida New Construction & Proposed Multifamily ... · 25 Aqua by the Bay 5855 El...
Transcript of Southwest Florida New Construction & Proposed Multifamily ... · 25 Aqua by the Bay 5855 El...
Southwest Florida New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Volaris Live Oak 3002 Oasis at Sarasota, The 3243 Addison Place 2404 Springs at Port Charlotte 2565 Arcos 2286 Sanibel Straits 2247 Uptown at Liberty Park 3208 Reef Phase II, The 1569 Bold Lofts 97
Total Lease-Up 2,14510 Blue Heron Creek Phase II 19211 Greene, The 30012 Terraces at Peridia, The 6113 Treviso Grand 27514 Mosaic @ Oak Creek 27315 Addison, The 9016 Grand Central 28017 Floridian at Jacaranda, The 30918 Springs at Hammock Cove 34019 Portofino Cove Phase II 160
Total Under Construction 2,28020 Parrish Lakes 60021 Vorbeck at Moccasin 72022 Allure of Bradenton, The 30223 Shoreview 21624 Village of the Arts 10025 Aqua by the Bay 2,89426 Park 30 21627 Ranch Lake Phase II 24728 36th Street & Broadway 24029 University Groves 18330 DeSoto Road 23331 200 South Orange Avenue 16032 Bayside Club 25333 Bergamot on 780, The 9834 Quay, The 66235 Siesta Promenade 41436 Waterside at Lakewood Ranch 86037 Venice Isles 32438 Flats at Sundown 22439 Cape Coral 33040 Eastwood 35641 Ben C. Pratt Six Mile Cypress 22542 CenterPlace 1,80043 Edera at Coconut Point 18044 Estero Crossing 35045 Estero Grande 19846 Crest at Bonita Springs, The 26447 Pine Ridge Commons 32548 Vi at Bentley Village 5149 Trio 37750 Crest at Naples, The 20051 Bath & Racquet Club 180
Total Planned 13,78252 301 Oxford 16853 Floridian at Moccasin, The 30054 Parrish Lakes Phase II 50055 Robinson Gateway 54256 Lake Flores 6,50057 77th Terrace 16058 Blue Heron Creek Phase III 10059 Heritage Harbour 22960 River Club Park Lot 3 14261 Cattlemen & DeSoto 1,75062 Cattlemen Ranch 6063 731 Cattlemen Road 28864 Beneva Road 10065 Ritz-Carlton Sarasota 100
Lease-Up
Under Construction
Planned
Prospective
LEGEND
4Q18
a Berkshire Hathaway and Jefferies Financial Group company
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4648
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3234
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55 5354
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71 7273 76
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66 Shopping Avenue 22267 Clark Road & Honore Avenue 25768 Grand Lakes 1,09769 Murdock Village 2,40070 Tuckers Point 1,68971 Paradise Isles 80072 McGregor Blvd and Altamont Avenue 10073 Veronica S. Shoemaker 48074 6 Mile Cypress Pkwy & Challenger Blvd 10075 Colonial at Metro 77576 Colonial Gardens Phase I & II 16877 Coconut Crossings 63178 Downtown Estero 26679 Allura 33680 Immokalee Square 10081 Briarwood 32082 Naples Beach Hotel Redevelopment 19583 Legacy Naples 30484 Ellenton Landings 136
Total Prospective 21,315
Source: Yardi Matrix10 mi
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE
START OF RENT-UP
1 Volaris Live Oak 2509 Cattlemen Road Sarasota FL 34232 Lease-Up 300 Sarasota - South 02/14/2018 09/30/2019 09/01/2018
2 Oasis at Sarasota, The 2083 University Pkwy Sarasota FL 34243 Lease-Up 324 Sarasota - University 04/01/2018 07/31/2019 09/11/2018
3 Addison Place 8633 Addison Place Circle Naples FL 34119 Lease-Up 240 North Naples 02/01/2018 06/30/2019 07/02/2018
4 Springs at Port Charlotte 24151 Beatrix Blvd Port Charlotte FL 33954 Lease-Up 256 Punta Gorda 03/21/2018 04/30/2019 06/30/2018
5 Arcos 320 Central Avenue Sarasota FL 34236 Lease-Up 228 Sarasota - Central 06/01/2016 03/31/2019 12/01/2017
6 Sanibel Straits 16100 Myriad Lane Fort Myers FL 33908 Lease-Up 224 Fort Myers - West 02/01/2018 02/28/2019 11/01/2018
7 Uptown at Liberty Park 2505 Liberty Park Drive Cape Coral FL 33909 Lease-Up 320 Cape Coral 10/02/2017 02/28/2019 03/19/2018
8 Reef Phase II, The 10121 Shephard Street Fort Myers FL 33967 Lease-Up 156 Fort Myers - South 05/01/2017 01/31/2019 09/01/2018
9 Bold Lofts 1659 2nd Street Sarasota FL 34236 Lease-Up 97 Sarasota - Central 03/08/2017 01/31/2019 06/01/2018
TOTAL LEASE-UP 2,145
10 Blue Heron Creek Phase II 420 Salt Meadow Circle Bradenton FL 34208 Under Construction 192 Bradenton - East 09/28/2018 12/31/2019
11 Greene, The NEC Lakewood Ranch Blvd & East State Road 70 Bradenton FL 34202 Under Construction 300 Bradenton - East 11/15/2018 12/31/2019
12 Terraces at Peridia, The 5298 Peridia Blvd East Bradenton FL 34203 Under Construction 61 Bradenton - East 06/11/2018 10/31/2019
13 Treviso Grand 100 Treviso Grand Circle North Venice FL 34275 Under Construction 275 Venice 08/01/2018 08/31/2019
14 Mosaic @ Oak Creek 10750 Dean Street Bonita Springs FL 34135 Under Construction 273 Bonita Springs 08/28/2018 08/31/2019
15 Addison, The 702 6th Avenue East Bradenton FL 34208 Under Construction 90 Bradenton - Central 08/06/2018 08/31/2019
16 Grand Central 4944 South Cleveland Avenue Fort Myers FL 33907 Under Construction 280 Fort Myers - West 06/01/2018 06/30/2019
17 Floridian at Jacaranda, The 2445 East Venice Avenue Venice FL 34292 Under Construction 309 Venice 03/05/2018 05/31/2019
18 Springs at Hammock Cove 1234 Petal Drive Naples FL 34112 Under Construction 340 Naples - Central 05/02/2018 02/28/2019
19 Portofino Cove Phase II 4180 Umbria Lane Fort Myers FL 33916 Under Construction 160 Fort Myers - Central 04/17/2018 01/31/2019
TOTAL UNDER CONSTRUCTION 2,280
20 Parrish Lakes SWC Moccasin Wallow Road & US Route 301 Parrish FL 34219 Planned 600 Palmetto - Parrish
21 Vorbeck at Moccasin 4105 Moccasin Wallow Road Palmetto FL 34221 Planned 720 Palmetto - Parrish
22 Allure of Bradenton, The 102 Manatee Avenue West Bradenton FL 34205 Planned 302 Bradenton - Central
23 Shoreview 10th Street East & Manatee Avenue East Bradenton FL 34208 Planned 216 Bradenton - Central
24 Village of the Arts 1051 Manatee Avenue West Bradenton FL 34205 Planned 100 Bradenton - Central
25 Aqua by the Bay 5855 El Conquistador Pkwy Bradenton FL 34210 Planned 2,894 Bradenton - South
26 Park 30 33rd Street East & 55th Drive East Bradenton FL 34203 Planned 216 Bradenton - East
27 Ranch Lake Phase II 8110 Misty Wood Avenue Bradenton FL 34202 Planned 247 Bradenton - East
28 36th Street & Broadway 36th Street East & Broadway Avenue Sarasota FL 34243 Planned 240 Sarasota - University
29 University Groves 3301 Whitfield Avenue Sarasota FL 34243 Planned 183 Sarasota - University
30 DeSoto Road 5380 DeSoto Road Sarasota FL 34235 Planned 233 Sarasota - North
31 200 South Orange Avenue 200 South Orange Avenue Sarasota FL 34236 Planned 160 Sarasota - Central
32 Bayside Club 700 Cocoanut Avenue Sarasota FL 34236 Planned 253 Sarasota - Central
33 Bergamot on 780, The 4811 Fruitville Road Sarasota FL 34232 Planned 98 Sarasota - Central
34 Quay, The 333 North Tamiami Trail Sarasota FL 34236 Planned 662 Sarasota - Central
35 Siesta Promenade 6450 South Tamiami Trail Sarasota FL 34231 Planned 414 Sarasota - South
36 Waterside at Lakewood Ranch 6220 University Pkwy Sarasota FL 34240 Planned 860 Outlying Sarasota County
37 Venice Isles 2800 Executive Drive Venice FL 34292 Planned 324 Venice
38 Flats at Sundown SEC South Toledo Blade Blvd & West Price Blvd North Port FL 34288 Planned 224 North Port
39 Cape Coral 3514 Chiquita Blvd South Cape Coral FL 33914 Planned 330 Cape Coral
40 Eastwood 2360 Ortiz Avenue Fort Myers FL 33905 Planned 356 Fort Myers - Central
41 Ben C. Pratt Six Mile Cypress 12770 6 Mile Cypress Pkwy Fort Myers FL 33966 Planned 225 Fort Myers - South
42 CenterPlace Alico Road & Ben Hill Griffin Pkwy Fort Myers FL 33913 Planned 1,800 Fort Myers - South
43 Edera at Coconut Point SEC Via Coconut Point & Williams Road Estero FL 33928 Planned 180 Estero
44 Estero Crossing Corkscrew Road & Interstate 75 Estero FL 33928 Planned 350 Estero
45 Estero Grande Estero Pkwy & US Highway 41 Estero FL 33928 Planned 198 Estero
46 Crest at Bonita Springs, The 12025 Bonita Beach Road SE Bonita Springs FL 34135 Planned 264 Bonita Springs
47 Pine Ridge Commons Goodlette-Frank Road & Pine Ridge Road Naples FL 34108 Planned 325 North Naples
Southwest Florida New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2018 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
Southwest Florida New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2018 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
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE
START OF RENT-UP
48 Vi at Bentley Village 850 Retreat Drive Naples FL 34110 Planned 51 North Naples
49 Trio Davis Blvd & US Route 41 Naples FL 34104 Planned 377 Naples - Central
50 Crest at Naples, The Southwest Blvd & Tamiami Trail East Naples FL 34113 Planned 200 Naples - South
51 Bath & Racquet Club 2170 Robinhood Street Sarasota FL 34231 Planned 180 Sarasota - South
TOTAL PLANNED 13,782
52 301 Oxford 5111 Oxford Road Parrish FL 34219 Prospective 168 Palmetto - Parrish
53 Floridian at Moccasin, The 9009 Moccasin Wallow Road Palmetto FL 34221 Prospective 300 Palmetto - Parrish
54 Parrish Lakes Phase II SWC Moccasin Wallow Road & US Route 301 Parrish FL 34219 Prospective 500 Palmetto - Parrish
55 Robinson Gateway Interstate 75 & Moccasin Wallow Road Parrish FL 34219 Prospective 542 Palmetto - Parrish
56 Lake Flores 75th Street West & Cortez Road West Bradenton FL 34210 Prospective 6,500 Bradenton - South
57 77th Terrace 77th Terrace East & Town Center Pkwy Bradenton FL 34202 Prospective 160 Bradenton - East
58 Blue Heron Creek Phase III 420 Salt Meadow Circle Bradenton FL 34208 Prospective 100 Bradenton - East
59 Heritage Harbour 112 Upper Manatee River Road NE Bradenton FL 34212 Prospective 229 Bradenton - East
60 River Club Park Lot 3 SEC Interstate 75 & East State Road 70 Bradenton FL 34202 Prospective 142 Bradenton - East
61 Cattlemen & DeSoto SWC Cattlemen Road & DeSoto Road Sarasota FL 34243 Prospective 1,750 Sarasota - North
62 Cattlemen Ranch 2001 North Cattlemen Road Sarasota FL 34232 Prospective 60 Sarasota - North
63 731 Cattlemen Road 731 Cattlemen Road Sarasota FL 34232 Prospective 288 Sarasota - Central
64 Beneva Road 105 South Beneva Road Sarasota FL 34232 Prospective 100 Sarasota - Central
65 Ritz-Carlton Sarasota 1111 Ritz Carlton Drive Sarasota FL 34236 Prospective 100 Sarasota - Central
66 Shopping Avenue 170 Shopping Avenue Sarasota FL 34237 Prospective 222 Sarasota - Central
67 Clark Road & Honore Avenue Honore Avenue & State Road 681 Sarasota FL 34233 Prospective 257 Sarasota - Far South
68 Grand Lakes Clark Road & Ibis Street Sarasota FL 34241 Prospective 1,097 Outlying Sarasota County
69 Murdock Village Collingswood Blvd & Toledo Blade Blvd Port Charlotte FL 33948 Prospective 2,400 Port Charlotte
70 Tuckers Point Interstate 75 & Tuckers Grade Punta Gorda FL 33955 Prospective 1,689 Punta Gorda
71 Paradise Isles Hancock Bridge Pkwy & Orange Grove Blvd North Fort Myers FL 33903 Prospective 800 Cape Coral
72 McGregor Blvd and Altamont Avenue Altamont Avenue & McGregor Blvd Fort Myers FL 33901 Prospective 100 Fort Myers - Central
73 Veronica S. Shoemaker 3950 Veronica S. Shoemaker Blvd Fort Myers FL 33916 Prospective 480 Fort Myers - Central
74 6 Mile Cypress Pkwy & Challenger Blvd 6 Mile Cypress Pkwy & Challenger Blvd Fort Myers FL 33966 Prospective 100 Fort Myers - South
75 Colonial at Metro 10631 Metro Pkwy Fort Myers FL 33966 Prospective 775 Fort Myers - South
76 Colonial Gardens Phase I & II Colonial Blvd & Colonial Gardens Circle Fort Myers FL 33966 Prospective 168 Fort Myers - South
77 Coconut Crossings 23281 Lyden Drive Estero FL 34134 Prospective 631 Estero
78 Downtown Estero 8321 Broadway East Estero FL 33928 Prospective 266 Estero
79 Allura Livingston Road & Veterans Memorial Blvd Naples FL 34110 Prospective 336 North Naples
80 Immokalee Square Catawba Street & Immokalee Road Naples FL 34120 Prospective 100 North Naples
81 Briarwood Livingston Road & Radio Road Naples FL 34104 Prospective 320 Naples - Central
82 Naples Beach Hotel Redevelopment 851 Gulf Shore Blvd North Naples FL 34102 Prospective 195 Naples - Central
83 Legacy Naples Davis Blvd & Santa Barbara Blvd Naples FL 34112 Prospective 304 Naples - East
84 Ellenton Landings 2803 36th Avenue East Palmetto FL 34221 Prospective 136 Palmetto - Parrish
TOTAL PROSPECTIVE 21,315
TOTAL SOUTHWEST FLORIDA 39,522