4-Unit Townhouse Development

“Ultramodern townhomes at the heart ofshopping, transportation, and fine dining.”

4155 & 4157 W. Cypress St. Tampa, FL 33607

www.THEBELVEDEREWESTSHORE.COM

Rooms: 3/3 / Rooftop yard / Double balcony / No. of Stories: 3 / 2 garage spaces / Square Feet: 2,700

o Tampa International Airport (north)

o I-275 (southeast)o Entrance to West

Shore Business District

Carver City-Lincoln Gardens Community

The Belvedere Site

Steinbrenner (Yankee) Stadium

Raymond James Stadium

Amelia Arena – Tampa Bay LightningWestshore Plaza

Location AttributesFastest growing metropolitan area in the nation with approximately 38 hotels and 250 restaurants.

Community Engagement

Community Engagement As a marketing strategy

o Social Media

o Organizations

Current Zoning

RS-50

1 unit/dwelling lot

Future Zoning

PD (Planned Development)

~ RM-18

18 units/acre

Density & ZoningCity of Tampa Zoning Map

PD

(Planned

Development)

~ RM-18

18 units/acre

Parcel A = 0.14

acre

Parcel B = 0.11

acre

BA

Site Plan3 story townhome with superior structure that maximizes the long term value of

your investment and will embody the ultra modern style of architecture

characterized by elegance and functionality.

1) Stormwater retention

2) Flood zone

3) Parking and service areas, including typical parking space dimensions

4) Southern Building Code definitions

5) Vehicular and pedestrian access

Environmental Constraints & Regulatory Issues

FDOT – District Seven

Westshore Multimodal

Strategic Transportation

Plan

o Existing and future planned

modes of transportation

o Improve quality of the

intermodal passenger

connection in Tampa Bay

o Regional mobility and

accessibility by means other

than personal motor vehicles

o Increase revitalization in

areas adjacent to the sites

Location

&

Linkages

Water

Efficiency(Tankless Water

Heater)

Sustainability

Material

&

Resources

Energy

&

Atmosphere(optional Solar

Panel

Roof Deck)

Why invest in the Belvedere?

Florida’s largest

office community

Over 4000

businesses with

94,000 employees10 square miles

situated between

six major arteries

and two freeways

One of the largest

business districts in

the Florida region

1500

1600

1700

1800

1900

2000

2100

2200

2000 2010 2011-2015

Population Trends

Under 5 Under 18

Working Age (18-64) Aging (65+)

Working Age 18-64

Aging

65+

Under

5

Under 18

Age Distribution

Marketing Strategy Collecting the data.

Apartment/Condo Development

Total Units

Marketing Strategy Collecting the data.

Years

Marketing Strategy Tampa’s Choice for Business

Current Projects

Laser Spine Institute HQ

Avion ParkCurrent Hotel

Rocky Point

AC Hotel by Marriot

MetWest International

Crescent Westshore

Lois Ave.

Grady Square

Grady & Columbus

Novus Westshore

W. Spruce St.

Office Hotels

Multi-Family

Comparable Projects

Total Cost

Land Acquisition Costs $231,000

Construction $1,489,752

General Development $141,395

Total Development Costs $2,006,929

Development Budget/Pro-forma

Total Revenue $2,388,900

Total Development Costs $2,006,929

Developer Profit 16% $381,971

Revenue

Lender (65%) $1,304,504

Investor (35%) $702,425

Total $2,006,929

Financing

Timeline for Development

Thanks you! Any questions?