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CLEARWATER – A North Carolina apartment developer has started construction on a 396-unit, 22-acre community along US Highway 19, just north of Ulmerton Road.

Aventon Companies, which has acquired, developed and managed multi-family communities in Florida, Georgia, the Carolinas and the mid-Atlantic, said the Aventon Clearwater project would be completed in the summer of 2023.

“We are delighted to be able to begin construction on our new project in Florida, especially at a time when high quality rental housing is sorely needed,” said Burk Hedrick, vice president of development for Aventon Companies, in a statement. press announcing the revolutionary. “We look forward to becoming a trusted brand for high quality living in Pinellas County for many years to come. “

The resort will consist of ten garden-style buildings at 24339 US 19 N, offering one, two and three bedroom floor plans. A company publicist said rents would be in the range of $ 1,500 to $ 2,000 for a one or two bedroom unit.

Plans call for a fitness center and yoga studio, coffee bar, pet spa, and poolside lounge. Among the outdoor spaces, residents will have a private resort-style swimming pool, cabanas and daybeds, a hammock garden, an outdoor kitchen, walking trails and a dog park. In addition, in the age of remote working, on-site offices and associated communication spaces as well as automated parcel delivery will be provided.

The Aventon Clearwater buildings were designed by Scott + Cormia Architects while the interiors will be finalized by Beasley & Henley Interior Design, each based in Central Florida. Aventon Companies now has apartment projects under construction in Central and North Florida. No other projects are underway in the Tampa Bay area, although the company has said there will be some in the near future.

Aventon Companies did not disclose the cost of the project, which is being developed as a joint venture with Maryland-based private equity firm FCP. The company has built a $ 1.5 billion development portfolio, including 6,000 apartments.

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