Construction has begun on Legacy Heights, a new 240-unit apartment community in Tampa, Florida. The project is a joint venture between Legacy Partners and Bridge Investment Group.
The partners secured financing for the development with a $40 million construction loan from Santander Bank. The transaction was brokered by Bridge Debt Capital Markets.
Legacy Heights is expected to be completed in fall 2026, with initial move-ins starting in spring of that year. Located at 623 East Seventh Ave., the six-story building was designed by Dynamik Design and will be constructed by CBG Building Company.
The development will feature ground-floor retail space totaling 4,000 square feet. Some units will also have balconies or private stoops for outdoor living space. Amenities include a rooftop saltwater pool, outdoor kitchen and lounge area, and fitness center.
This marks Legacy Partners’ second multifamily project in Tampa’s urban core following the successful opening of their first development – Legacy Encore – which features 228 residences and opened its doors in December of last year.
