BBX Logistics Properties and FRP Development Corp today announced the formation of a joint venture to develop BBX Park at Lakeland consisting of approximately 213,500 square feet of state-of-the-art logistic facilities on 22.5 acres in Lakeland Florida. Both companies are full-service real estate development firms and this venture marks a significant milestone in the expansion of logistics infrastructure in the region.

“Embarking on this project in Lakeland reflects our commitment to innovation and excellence in industrial real estate development,” said Seth Wise, President of BBX Capital Real Estate and Chairman of BBX Logistics Properties. This development comes on the heels of our announcement of BBX Park in Delray Beach and builds on our strategy to invest in Class-A logistics facilities in strategic locations.”

“This acquisition of the Lakeland property and the formation of this joint venture is the culmination of an outstanding effort by our team to identify best-in-class infill logistics assets,” said Mark Levy, President of BBX Logistics Properties. “Our project will be highly flexible and cater to tenants seeking a centralized last mile distribution location on the I-4 Corridor.” 

BBX Park at Lakeland, located at 8255 State Road 33 N, Lakeland, FL 33809, is in what we believe is a highly desirable location directly north of I-4 and south of SR-33, offering both visibility and convenient access to major transportation arteries. With its prime location within 50 miles of both Tampa and Orlando, the park is poised to become a pivotal hub for logistics operations in Central Florida.

The initial phase of construction is expected to commence in the fourth quarter of 2024 with completion and occupancy anticipated in 2025. Leasing will be handled by Kris Courier, Senior Vice President of CBRE’s Industrial Services brokerage team based in Tampa.

“We are thrilled to partner with BBX Logistics Properties in the development of this Class A, best-in-class industrial development in Lakeland, Florida,” said David deVilliers, III, Executive Vice President of FRP Development Corp. “This venture underscores our shared commitment to driving economic growth and innovation in the region and expanding our industrial reach from the Mid-Atlantic to Florida. Together, we look forward to delivering a world-class facility that will serve as a cornerstone for logistics excellence in Central Florida.”

For more information about BBX Logistics Properties, please visit www.BBXLogisticsProperties.com. 

The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area. 

“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.” 

Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances. 

Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind. 

This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents. 

Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations. 

To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/. 

The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area. 

“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.” 

Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances. 

Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind. 

This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents. 

Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations. 

To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/. 

Merrimac Ventures and Altman Management Company proudly marked a momentous occasion today with the Grand Opening of Leena Plantation, a remarkable addition to the multifamily living landscape in Broward County. The event, held on Thursday, October 26, in Plantation, FL, showcased the epitome of upscale living and introduced the community to an array of luxurious amenities. 

Dev Motwani, Co-Managing Partner of Merrimac Ventures, took the stage during the grand opening of Leena Plantation to express gratitude and extend a heartfelt thank-you to the dedicated teams, contractors, stakeholders, and community leaders who played a pivotal role in bringing this extraordinary development to life.  

“Leena Plantation's Grand Opening is a testament to the dedication and hard work of our incredible teams, partners, and the community,” said Dev Motwani, Co-Managing Partner of Merrimac Ventures.  “We're genuinely thrilled to introduce this extraordinary addition to Broward County, and I extend my heartfelt gratitude to everyone who played a pivotal role in making this achievement possible.” 

“The Grand Opening of Leena Plantation signifies the realization of our vision for luxury living in Plantation, Florida,” adds Nitin Motwani, Co-Managing Partner of Merrimac Ventures. “We hold deep appreciation for the unwavering support of our dedicated teams and the community. We are excited to provide our residents with an unmatched living experience at this exceptional development.” 

Notable figures present at the event included Plantation Mayor Nick Sortal, and Broward County Commissioner Hazelle P. Rogers, along with representatives from the Plantation Chamber of Commerce and Altman Management Company.  Mayor Sortal and Broward County Commissioner Hazelle P. Rogers emphasized the significance of this exceptional addition to the community. 

Following the inspiring remarks and ribbon cutting ceremony, attendees enjoyed a champagne reception and were treated to exclusive VIP tours of the property, offering a firsthand glimpse of the remarkable amenities and luxurious living spaces that define Leena Plantation. 

“We are delighted to be a part of the successful grand opening of Leena Plantation,” said Seth Wise, CEO of The Altman Companies. “With residents already enjoying their new homes, we are proud to be a part of this vision of upscale, community-centric living in Plantation. The demand for live, work, and play environments in this area is evident, and we are excited to manage this property and ensure the exceptional lifestyle experience that only Altman Management Company can deliver.” 

Leena Plantation represents a new standard of excellence in multifamily living. With its distinctive design, opulent amenities, and strategic location, it offers an exceptional living experience for its residents. Comprising 306 apartment homes ranging from one to three bedrooms, Leena Plantation caters to diverse lifestyles. The six-story, 293,945-square-foot development features resort-style amenities, including a pool, fitness center, yoga room, pet spa and dog park, two active courtyards, putting green, BBQ areas, a co-working space, managed high-speed WIFI, club and game rooms, and ample parking with 543 spaces. 

For more information on Leena Plantation, please visit https://www.leenaplantation.com/.  

Merrimac Ventures and Altman Management Company proudly marked a momentous occasion today with the Grand Opening of Leena Plantation, a remarkable addition to the multifamily living landscape in Broward County. The event, held on Thursday, October 26, in Plantation, FL, showcased the epitome of upscale living and introduced the community to an array of luxurious amenities. 

Dev Motwani, Co-Managing Partner of Merrimac Ventures, took the stage during the grand opening of Leena Plantation to express gratitude and extend a heartfelt thank-you to the dedicated teams, contractors, stakeholders, and community leaders who played a pivotal role in bringing this extraordinary development to life.  

“Leena Plantation's Grand Opening is a testament to the dedication and hard work of our incredible teams, partners, and the community,” said Dev Motwani, Co-Managing Partner of Merrimac Ventures.  “We're genuinely thrilled to introduce this extraordinary addition to Broward County, and I extend my heartfelt gratitude to everyone who played a pivotal role in making this achievement possible.” 

“The Grand Opening of Leena Plantation signifies the realization of our vision for luxury living in Plantation, Florida,” adds Nitin Motwani, Co-Managing Partner of Merrimac Ventures. “We hold deep appreciation for the unwavering support of our dedicated teams and the community. We are excited to provide our residents with an unmatched living experience at this exceptional development.” 

Notable figures present at the event included Plantation Mayor Nick Sortal, and Broward County Commissioner Hazelle P. Rogers, along with representatives from the Plantation Chamber of Commerce and Altman Management Company.  Mayor Sortal and Broward County Commissioner Hazelle P. Rogers emphasized the significance of this exceptional addition to the community. 

Following the inspiring remarks and ribbon cutting ceremony, attendees enjoyed a champagne reception and were treated to exclusive VIP tours of the property, offering a firsthand glimpse of the remarkable amenities and luxurious living spaces that define Leena Plantation. 

“We are delighted to be a part of the successful grand opening of Leena Plantation,” said Seth Wise, CEO of The Altman Companies. “With residents already enjoying their new homes, we are proud to be a part of this vision of upscale, community-centric living in Plantation. The demand for live, work, and play environments in this area is evident, and we are excited to manage this property and ensure the exceptional lifestyle experience that only Altman Management Company can deliver.” 

Leena Plantation represents a new standard of excellence in multifamily living. With its distinctive design, opulent amenities, and strategic location, it offers an exceptional living experience for its residents. Comprising 306 apartment homes ranging from one to three bedrooms, Leena Plantation caters to diverse lifestyles. The six-story, 293,945-square-foot development features resort-style amenities, including a pool, fitness center, yoga room, pet spa and dog park, two active courtyards, putting green, BBQ areas, a co-working space, managed high-speed WIFI, club and game rooms, and ample parking with 543 spaces. 

For more information on Leena Plantation, please visit https://www.leenaplantation.com/.  

The 318-unit apartment homes accompanied by Class-A amenities, Altís Blue Lake is now open and residents are moving in 

The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area. 

“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.” 

Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances. 

Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind. 

This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents. 

Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations. 

To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/.