Apartment Developer Purchases land in Independence Park

cliggittvaluation • Nov 27, 2023

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.

Thank you for your interest. For more information or to get help in determining the value of your property please call or email Mike Cliggitt, MAI, MRICS, CCIM! 


Mike Cliggitt, MAI, MRICS, CCIM

813-405-1705 Direct Line

findvalue@cliggitt.com

Tampa Real Estate Appraiser

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