Altman Companies Celebrate Grand Opening of New Luxury Rental Apartment Community in New Tampa North

Plans for Second Rental Community in Tampa is Also Announced

Mar 14, 2013, 07:36 ET from The Altman Companies

NEW TAMPA NORTH, Fla., March 14, 2013 /PRNewswire/ -- Florida-based luxury residential rental developer, The Altman Companies, will showcase the completed first phase of their Altis at Grand Cypress community tomorrow in a Grand Opening celebration and at the same time announce plans for a new rental community in the Tampa area — Altis at Highland Park just west of Tampa in prestigious Westchase.

Altis at Grand Cypress, located on 60 acres on the west side of Livingston Road and south of Highway 54 in the rapidly growing New Tampa Wesley Chapel area, has completed construction of the 258-unit Phase I, which is 70% leased.  Phase II, with 46 units in three buildings, with construction underway by the end of the month.  All apartments feature private entries, and attached garages are also available with select units.

Altman today also revealed plans for development of Altis at Highland Park, a mixed-use residential rental community that will consist of 239 apartments and 5,000 square feet of retail space.  The new community will be located off of Racetrack Road in the 2,000-acre master-planned Westchase community located between Tampa and Clearwater in Hillsborough County.  Altman anticipates closing on the property by mid-April, 2013.

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About Altis at Grand Cypress

Altis at Grand Cypress features three two-story building types consisting of one- two- and three-bedroom luxury apartment homes with individual, private apartment entries, designer kitchens, spacious balconies/patios and a long list of luxury features. Twenty acres of forested wetlands and lake surrounds the community.  Other community features include, gated entry, tropical landscaping, expansive outdoor lighting, children's playground, outdoor gazebo, picnic areas with BBQ grills, natures trails, dog walk park, car care center, heated resort-style pool w/beach entry, outdoor sports bar w/entertainment area, TVs, fireplace and grill, 24 hour full-circuit fitness/aerobic center, billiards and media room, Cyber Cafe, service bar area for entertaining, business center/conference room, children's fun/study center w/board games, library, video games and flat-screen TV with DVD, WiFi throughout clubhouse and pool area.

SOURCE The Altman Companies