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CBG to Build Two New Multifamily Communities in Florida

Southeast Region Signs Projects with New Clients
March 15, 2019

Tampa, Fla.—CBG Building Company has been signed to build two new multifamily communities this month in Largo and Brandon, Florida. The projects, both scheduled to complete in 2020, will deliver a combined 460 apartment units. CBG is proud to be building The Rosery and Legacy at Crosstown with new clients Pollack Shores Real Estate Group and CASTO, respectively.

CBG to Build Two New Multifamily Communities in Florida Press Release Image

The Rosery

The Rosery is a 224-unit luxury apartment project in Largo designed by Poole & Poole Architecture. The project is located within the Clearwater-Largo Road Community Redevelopment District and will be the first to use the city's affordable housing density bonus.

"The Rosery is the first of its kind in the Largo community, offering residents a luxury apartment home with direct access to popular outdoor amenities," said Steven Shores, president and CEO of Pollack Shores, in a press release. "We have designed an active, communal environment delivering in-demand walkable access to unique retail, new culinary concepts, and the Pinellas trail."

Comprised of four three-story buildings and 42 wood-framed garages, The Rosery will offer a pool, outdoor seating area with fire pit, and a prominent public plaza for art displays and community events. Located next to the Pinellas County bike trail, the project also offers bike storage racks.

Legacy at Crosstown, a garden-style community in Brandon, will consist of three four-story, wood-framed buildings for a total of 236 units. Designed by Slocum Platts, the amenity-rich project will feature a clubhouse, fitness center, pool, dog park, and car wash. The community boasts easy access to US-301 and the USAA Tampa campus, offering employees a walkable commute. Both projects use supplies from local suppliers and manufacturers, including hurricane-resistant impact windows and doors.

"CBG is very excited to be working together for the first time with Pollack Shores and Casto," said Rip Panos, vice president at CBG. "Both projects will provide very welcome housing options in their communities, especially with Legacy at Crosstown's proximity to the USAA Tampa campus and The Rosery's direct access to the Pinellas trail and other great outdoor amenities."

In addition to these projects, CBG's Southeast team is currently building additional residential projects in Atlanta, Georgia, and Charlotte, North Carolina. Generation Atlanta, a 17-story high-rise in downtown Atlanta, is constructed using the patented Prescient prefabricated steel system. Hazel SouthPark is a five-story podium above a five-story cast-in-place parking garage within Charlotte's popular shopping district. CBG has completed 18 additional projects across the Southeast region to date.

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About CBG Building Company

Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 20 years. CBG's professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG's experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 88,000 housing units since 1999. For more information, visit www.cbgbuildingcompany.com.

About Pollack Shores Real Estate Group

Pollack Shores Real Estate Group is passionate about creating value through multifamily investing. By acquiring, developing, and managing a diversified, balanced portfolio across the Southeast, the team at Pollack Shores continues wot establish and manage funds and investments with some of the world's top financial institutions. By mastering continuous planning, solid operations, and flawless execution, the firm is able to make the most of new opportunities and adapt to rapidly changing market conditions. Founded in 2006, Pollack Shores seeks a better way to do things and to be unique. That uniqueness is born of deep experience, exceptional people, creativity, a process, our drive for perfection, solid financials, integrity, and great relationships. For more information, visit www.pollackshores.com.

About CASTO

CASTO is a privately held, fully integrated real estate services firm dedicated to maintaining the highest standards of client service. With 90 years of successful development and management of commercial, industrial, and residential real estate, it continues to utilize its core competencies, market strengths, and competitive advantages in ways that produce substantial returns, both financial and non-financial, for clients, investors, partners, and the communities in which its projects are located. For more information, visit www.castoinfo.com.

About Slocum Platts

Leaving nothing to chance, Slocum Platts creates a diversified portfolio of distinctive architecture using a full complement of detail-oriented, in-house services. From conceptualization and planning through construction administration, partners Randall Slocum and William Platts maintain an unwavering commitment to excellence. Specializing in historically correct architecture in the classic styles, Slocum Platts has won numerous design awards for custom home and residential design. Beyond the residential canvas, it is known for award-winning designs in hospitality, mixed-use, and commercial projects. For more information, visit www.slocumplatts.com.

About Poole & Poole Architecture

Poole & Poole Architecture began nearly twenty years ago, when two architects met while working together in Savannah for a multi-family firm. After marrying in 1999, Mr. and Mrs. Poole relocated the studio to Richmond, Virginia where it has continued to grow immensely, expanding to two additional locations in Nashville and Charleston. Fundamental to its success, Poole & Poole's team of talented, inquisitive, and creative employees are united under the common goal of providing expert architecture services, beauty of design, technical expertise, and superior client services to all projects of which they are a part. For more information, visit www.2pa.net.