RangeWater Real Estate is working alongside its capital partner, Nuveen to develop its Tortola residential community in Wesley Chapel, Florida. The new 288-unit residential property was designed to provide premium amenities while also maintaining affordable rates.
RangeWater’s newly launched in-house construction division, led by Alp Kirmizioglu, will build Tortola, as its first residential community in Florida. However, this development will be similar in design to other standard RangeWatern projects. These include the completed 324-unit Sage development in Tampa, and the 252-unit Lantana, which commenced construction last year.
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Development plans for the Tortola residential community
Tortola residential community will feature three-story, garden-style buildings spanning 20 acres which include several outdoor amenities. The development offers future residents access to walking paths, outdoor green spaces, and a car wash. Other amenities provided at the community include optional detached garages, a clubhouse, a fitness center, fire pits, and kitchenettes. What’s more, it also offers a 3-acre dog park, along with a dog washing station.
According to the developers, their goal is to provide more housing to meet the growing need for housing in the area. Especially since an influx of newcomers has put a strain on available housing in Florida. The Tortola residential community is RangeWater’s latest development which is currently being built at 33100 Eiland Boulevard in Wesley Chapel. It will feature one, two, and three-bedroom units.
RangeWater’s Development Manager Anthony Everett, the Tortola residential community would provide more moderately priced housing with luxury Class A finishes. He further stated that the development would make room for outdoor leisure activities. This includes making provisions for a large lawn to be used for movie nights and games such as bocce.
In addition, Everett said a bridge will be built that leads from the property to a nearby pond; a serene region in the area, which is preserved from further development. RangeWater’s CEO, Steven Shores said Tortola will be the first of many neighborhoods their team will develop, build and manage. He also said his company was excited to begin its first build-from-scratch community in the state of Florida.
