Bruce B Downs Boulevard Apartments

https://www.bizjournals.com/tampabay/news/2023/12/15/tampa-bay-best-real-estate-deals-multifamily-2023.html Mast Capital's 248-unit Wesley Chapel project Mast Capital Wesley Chapelexpand A rendering of Mast Capital's unnamed 248-unit apartment complex in Wesley Chapel MAST CAPITAL Miami-based Mast Capital is building a 248-unit apartment complex at 5101 Bruce B. Downs Blvd. in Wesley Chapel. It began construction in late 2022. Developer: Mast Capital General contractor: First Florida Lender: Texas Capital Bank Inside the deal: "We engaged with the seller, a large local hospital system, in early February 2020 and reached and executed a letter of intent on March 9, 2020. Only a short time later, the seller's priorities would change dramatically. The purchase and sale contract discussions would take a back seat to the pressing need for the hospital to react definitively to the global pandemic. Ultimately, the hospital was wonderful to work with throughout this time, and both sides were happy to kick off formal diligence of the opportunity in June 2020," Mast Capital said. "Prior to diligence, we were aware that multiple developers had tried to figure out the impact of the site conditions that existed at the property but were either reluctant to take on the perceived risk or didn't spend the time or resources to fully grasp the potential. We loved the location from the start, and we knew that BayCare Hospital was moving forward with its new hospital adjacent to the site. We were comfortable in trying to fully understand the amount of de-mucking, wetland mitigation and importing of fill that may be required to stabilize the site in order to develop a luxury community that would integrate well within the fabric of Wesley Chapel. "Lastly, the site was zoned C-2, which would require public hearings and a majority vote from the county commissioners for a conditional use permit to allow residential development. The application was delayed given a continuation vote from the County Commissioners as they studied the amount of residential development being planned in the county. However, we were able to have a successful commission vote on our application just before a moratorium would be imposed on new land-use change applications for multifamily projects that ultimately spanned a year." _____________ The project is location on 16.24 acres at 4973 and 5101 Bruce B. Downs Boulevard. As of December 18, 2023 construction is underway. Information regarding the architect has not been disclosed.* *Project information, including timeline and contacts, has been obtained through public sources. The content management team continues to pursue additional details; however, the contact(s) listed have yet to disclose or confirm any information. Inquiries should be directed to the contact(s) listed.

1 Story Above Grade, 86,000 SF.

Division 03 -	Concrete, Concrete Forming and Accessories, Concrete Reinforcing, Concrete Finishing, Precast Concrete, Site-Cast Concrete.
Division 04 -	Masonry, Unit Masonry.
Division 05 -	Metals.
Division 06 -	Wood, Plastics, and Composites, Rough Carpentry, Finish Carpentry, Architectural Woodwork, Architectural Wood Casework.
Division 07 -	Thermal and Moisture Protection, Dampproofing and Waterproofing, Thermal Protection, Weather Barriers.
Division 08 -	Openings, Doors and Frames, Wood Doors, Plastic Doors, Windows, Hardware, Glazing, Louvers and Vents.
Division 09 -	Finishes, Plaster and Gypsum Board, Ceilings, Carpeting, Painting and Coating, Special Coatings, Cementitious Coatings.
Division 10 -	Specialties, Toilet, Bath, and Laundry Accessories.
Division 11 -	Equipment, Residential Equipment, Residential Appliances.
Division 13 -	Special Construction, Swimming Pools, Recirculating Gutter Systems, Swimming Pool Accessories, Swimming Pool Cleaning Equipment.
Division 22 -	Plumbing, Instrumentation and Control for Plumbing, Plumbing Piping, Plumbing Equipment, Plumbing Fixtures, Residential Plumbing Fixtures, Pool and Fountain Plumbing Systems, Swimming Pool Plumbing Systems.
Division 23 -	Heating, Ventilating, and Air Conditioning (HVAC), Instrumentation and Control for HVAC, HVAC Air Distribution.
Division 26 -	Electrical, Instrumentation and Control for Electrical Systems, Lighting, Special Purpose Lighting, Underwater Lighting.
Division 27 -	Communications, Structured Cabling.
Division 31 -	Earthwork, Site Clearing, Earth Moving, Grading, Excavation and Fill, Earthwork Methods, Soil Treatment.
Division 32 -	Exterior Improvements, Flexible Paving, Irrigation, Planting, Turf and Grasses.
Division 33 -	Utilities, Water Utilities, Sanitary Sewerage Utilities, Electrical Utilities, Communications Utilities.