Groundbreaking Joint Venture Begins Plaza Midwood Development

Groundbreaking Joint Venture Begins Plaza Midwood Development

Ground has been broken on Commonwealth, a 12-acre Plaza Midwood development that will offer office space, retail stores, hospitality services and apartments. The joint venture of Crosland Southeast and Nuveen Real Estate acquired the site for $50 million in November 2020. It includes two vintage buildings that were once home to a Cole Manufacturing facility. Balconies on the new buildings will overlook these historic structures while a road being constructed to make the area walkable will also highlight them.

When completed, this project is expected to include 383 units in an apartment community as well as 150,000 square feet of office space with micro-retail opportunities available too. Local artists’ murals are planned along with green wall installations for added visual appeal and sustainability benefits alike.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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