Apartment Developer pays $21 million for Westshore Office Park Land - Tampa Bay Business Journal
Northwood Ravin, a developer from Charlotte, NC, has acquired 9.26 acres in the Westshore business district's Independence Park for $21 million, intending to construct a 385-unit apartment complex. Situated near Memorial Highway and Independence Parkway, the complex will feature various unit types, including two-bedroom, studio, three-bedroom units, and townhomes, wrapping around a retention pond. The sale marks the final portion of Independence Park owned by Highwood Properties, with Crescent Communities concurrently developing Novel Independence Park nearby.
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Mike Cliggitt, MAI, MRICS, CCIM
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