NOVEL Midtown Tampa residential plans released
TAMPA, FL (MAY 10, 2018) – The Bromley Companies has selected Crescent Communities to partner on the development of the residential component at Midtown Tampa, a 1.8 million square-foot mixed-use 22-acre development conceived, master-planned and developed by The Bromley Companies and located between Downtown Tampa and the Westshore Business District. NOVEL Midtown Tampa by Crescent Communities is expected to deliver 390 multifamily residences in the second half of 2020.
“Our partnership with Crescent Communities, a nationally recognized, market-leading multifamily developer, emphasizes our commitment to attract only the best in class to Midtown Tampa,” said Nicholas Haines, Chief Executive Officer, The Bromley Companies. “The vibrant, walkable environment at Midtown Tampa is the ideal location for NOVEL, where residents will have access to experiences and spaces with a vibrant energy day and night.”
To be developed above a base of retail and restaurants, NOVEL Midtown Tampa will boast access to the best ground-floor experience in Tampa. Residents will be just steps away from fantastic dining and shopping, including recently announced plans for a 48,000-square-foot Whole Foods Market® grocery store as well as access to four acres of activated outdoor space. Within NOVEL Midtown Tampa, residents will also have access to premier amenities exclusive to the apartment community at a level of quality that has brought Crescent success and a positive reputation with residents in Tampa.
“We are excited to partner with The Bromley Companies to create a community and lifestyle unique to Florida’s West Coast and comparable to the best live-work-play destinations anywhere in the Southeast,” said Jay Curran, Senior Managing Director for Crescent Communities. “Tampa has really evolved into an attractive market, with strong employment growth and an active, livable environment, making it ripe for the first truly-integrated, walkable, mixed-use development in this region. We look forward to redefining multifamily living as we bring thoughtfully designed apartment homes to the mix of curated retail, office and dining experiences that will anchor Midtown.”
About Midtown Tampa
On 22 acres, Midtown Tampa is the first mixed-use project of its kind in Tampa and the catalyst for an entirely new district connecting Westshore and Downtown.
Midtown Tampa will deliver 1.8 million square feet of retail, residential, Class A office, entertainment and hospitality to the surrounding neighborhood and entire city.
About The Bromley Companies
Founded in 1972, The Bromley Companies is a national real estate development and investment company that has built a portfolio of retail, office, industrial and student housing assets.
Bromley began a substantial history of investing in the Tampa region over 30 years ago with the acquisition of Bromley Pallet, which grew into one of the nation’s largest pallet recycling companies. Since then, Bromley established a Tampa office and has owned and managed local real estate including the 60,000 square-foot Bromley Office Building. The leadership team has also been involved with the Westshore Alliance and Tampa Hillsborough County Economic Development Council.
Continuing Bromley’s commitment to the region, the $500M Midtown Tampa, a 1.8 million square foot project, reflects Bromley’s vision to deliver Tampa’s first urban high-density mixed-use development. To learn more about The Bromley Companies, visit www.bromco.com
About Crescent Communities
Crescent Communities is a nationally recognized, market-leading real estate company specializing in the development and sale of single family, multifamily, commercial and mixed use communities. The company creates high quality, differentiated communities in desirable locations in many of the fastest growing markets in the Southeast and Southwest. Crescent’s development portfolio includes more than 60 single-family master-planned communities, over 32 multifamily communities and more than 20 million square feet of commercial space. Its single-family home business operates as Fielding Homes and its multifamily communities are branded Novel by Crescent Communities. For more information, visit www.crescentcommunities.com
Crescent Communities has been investing in the Tampa office and multifamily market for decades. Most recently with NOVEL by Crescent Communities’ newest apartment community, NOVEL Riverwalk. Comprised of 394-units, the community just started leasing and is set to welcome first residents. Additionally, the company previously developed and sold Crescent Bayshore, Crescent Crosstown and Crescent Westshore in the Tampa Bay area.
NOVEL Midtown Tampa residential plans released