Middleburg Acquires Land and Secures Financing for 330-Unit Luxury Apartment Development in Pasco County, Florida
Summary
Located less than 30 minutes from Tampas Westshore Business District, Mosby Deerbrook will serve Pasco County, one of Floridas fastest-growing markets, with 130 percent population growth since 2010 and projections to add over 223,000 new residents by 2045.The fundamentals in Pasco County are exceptional, and its been an incredibly active two years for Middleburg in this region, stated Kory Geans, Chief Investment Officer for Middleburg. Were excited to continue taking a local approach to building out a portfolio that meets renter demand in the area for high-quality, attainable housing. Mosby Deerbrook represents our commitment to serving the rapidly growing Tampa region with communities that enhance quality of life for our residents.Located less than a quarter mile from Suncoast Parkway, residents will have direct access to Hillsborough County, the Westshore Business District, and Tampa International Airport within a 30-minute drive. The community also provides walkability to the 42-mile paved Suncoast Trail and convenient access to highly rated public charter schools. Both communities are situated within the Avalon Park master-planned development in Wesley Chapel, just 30 minutes from downtown Tampa.Middleburg is a leading real estate investment firm maximizing stakeholder value through a socially conscious, fully integrated approach to the acquisition, development, construction, and management of high-quality, attainable rental housing.