ASTURIA ANNOUNCES INTEGRA LAND COMPANY TO CONSTRUCT APARTMENT COMMUNITY

News Release

 

For Immediate Release For Further Information, Contact:

November 2, 2015 George Lancaster, Hines

713/966-7676

George.Lancaster@hines.com

ASTURIA ANNOUNCES INTEGRA LAND COMPANY TO CONSTRUCT APARTMENT COMMUNITY

 

(TAMPA, FL) – Hines, the international real estate firm, announced today that Integra Land Company will build a $28 million apartment community in Odessa, Florida.  Integra Junction will have 322 apartments in 11 four-story buildings. One-, two- and three-bedroom, two-bath floor plans will be available, ranging from 764 square feet to 1,385 square feet.  Amenities will include a resort-style clubhouse with a pool, a fitness studio, a pool room, a tanning salon, a media theatre and a dog park.  The developer is Integra Land Company of Lake Mary and the architect is Charlan Brock & Associates, Inc. of Maitland.  Construction is expected to be complete in March 2017.

Asturia’s masterplan includes retail, office, multifamily and a variety of single-family residential offerings with an unmatched amenity package that will include recreational parks, a trail network, playgrounds, picnic areas, an impressive community clubhouse, a state-of-the-art fitness center, and a luxurious resort-style swimming pool.   Hines has commenced marketing the retail, office and multifamily sites to developers, retailers and end users.  

Given its central location on SR-54 and its proximity to the Suncoast Parkway, Hwy 41, Hwy 19 and I-75, as well as the Tampa International Airport and the Westshore submarket, the development will attract prominent retailers, corporate office users and a garden-style apartment developer.  Asturia has approved zoning and entitlements in place for the construction of 550 single-family homes, 200 townhomes, 440 multifamily units, up to 380,000 square feet of commercial/office space, and 350,000 square feet of office/light industrial space. For more information on Asturia and available parcels, please visit www.AsturiaFlorida.com

 

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 199 cities in 19 countries. Hines has $87 billion of assets under management, including $43 billion for which Hines provides fiduciary investment management services, and $44 billion for which Hines provides third-party property-level services. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,100 properties, totaling over 346 million square feet. The firm’s current property and asset management portfolio includes 531 properties, representing over 186 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.