The Altman Companies, a nationally recognized developer, builder and manager of exceptional rental communities, announced today that it has broken ground to develop Altís Grand at Suncoast, a 449-unit upscale Apartment Community in Lutz, a submarket of Tampa, Florida. Rockpoint Group provided for equity capital and PNC Bank provided the loan.
“Over the past 53 years, The Altman Companies has developed a portfolio of high-end rental communities that have redefined the Exceptional Living Experience in Florida and across the country. We are thrilled to begin development of Altís Grand at Suncoast, an upscale, environmentally friendly community in Northwest Tampa,” said Joel Altman, Chairman & co-CEO of The Altman Companies.
Altís Grand at Suncoast will redefine the highest living standards through its unparalleled way of bringing residents an “Exceptional Living Experience.” Residents will enjoy exclusive membership to The Club, located within the community with a dedicated on-site Activities Director to organize events for residents including daily continental breakfast, Sunday brunch, “Wine Down Wednesdays” and various activities. The roster of exclusive amenities offered by The Club will also include direct access to a 24/7 fitness center complete with yoga, spinning & aerobics studios, a Starbucks cybercafé, multiple co-working lounges, a private conference room and a game room. A wellness treatment room and a resort-style swimming pool surrounded by cabanas, grilling stations, and a lush recreational pavilion provide additional options for residents to relax and recharge.
Altís Grand at Suncoast will offer exceptionally appointed one-, two-, and three-bedroom apartment homes accessible by private entry, or air-conditioned hallways served by elevators. Interior features in each home will include spa-inspired bathrooms equipped with dual sink vanities, a spacious soaking tub and clear glass shower enclosures. The spacious floorplans come complete with quartz countertops, 39” inch cabinets, front load washer and dryers, stainless steel and upgraded, energy-efficient appliances.
Altís Grand at Suncoast will be a pet-friendly community offering an indoor air-conditioned dog grooming spa, a multi-purpose trail, and a pet park with a gated, off-leash area to allow residents to bond and play with their pets. The community will also be equipped with a hobby/craft room and a 24/7 automated package pickup station for residents’ convenience.
Altís Grand at Suncoast will be National Green Building Standard (NGBS) certified and its sustainable initiatives will include 100% energy efficient designer lighting, ENERGY STAR® refrigerators and dishwashers, high efficiency water heaters and sub-metered water stations and electric car charging stations.
The prime location of Altis Grand at Suncoast provides easy transportation access in all directions, with both the Suncoast Parkway/S.R. 589 and S.R. 54 providing quick connectivity to major employment destinations, cultural and entertainment centers nearby. The community is also located within a 30-minute drive to the Westshore Office Submarket, comprising over 18 million square feet of office space.
“This transaction and the groundbreaking mark another significant development for The Altman Companies as we continue to develop exceptional Altís communities in the Tampa area,” added Seth Wise, co-CEO of The Altman Companies. “We have built five other Altís communities in the market and this is a true testament to our commitment to both the brand and the local area.”
Altís Grand at Suncoast is set to have its first units delivered in 2023. To learn more about Altís Grand at Suncoast, please visit https://altmancos.com/.
