Crescent Communities Opens Crescent Bayshore in Tampa

TAMPA, Fla., June 24, 2014 /PRNewswire/ -- Crescent Communities has opened Crescent Bayshore, a 367-unit, luxury apartment community that is the only apartment living option on iconic Bayshore Boulevard. Tucked on the edge of Hyde Park, Crescent Bayshore features dramatic views of the bay and access to the area's best restaurants, shops and recreational and cultural activities.

"We built Crescent Bayshore in the midst of an elegant oasis," said Jay Curran, vice president of Crescent's multifamily group. "Residents will savor the opportunity to live in a gorgeous natural area within walking distance of all of the everyday conveniences they crave."

Located at Bayshore Boulevard and W. Beach Place on waterfront property, Crescent Bayshore is inspired by a Spanish Revival architectural style and includes nearly 600 feet of frontage along the water. The apartment community counts some of Tampa's top amenities among its neighbors, including acclaimed restaurants and exclusive shopping in Hyde Park, events at the nearby Times Forum, area parks and downtown's cultural offerings including the Museum of Art. Active residents will appreciate having front door access to the world's longest continuous sidewalk along Bayshore Boulevard, and Tampa's white-sand beaches are a short drive away. Major employers such as Tampa General Hospital are also nearby, with downtown Tampa a short walk across the Hillsborough River.

The community features refined public spaces such as an elegant community club room, expansive outdoor living room adjacent to the pool and an upscale pub room and wine lounge with reserved storage. There are also resort-level services for urban residents on the go, including a Starbucks® coffee kiosk, state-of-the-art, two-story, club-quality gym and on-site dry cleaning pick-up and delivery.

Other amenities include a sky lounge, three secluded courtyards, a rooftop terrace, resort-style pool and 7,000-square foot pool deck complete with a fire pit lounge, outdoor kitchen, covered dining, bayside cabanas and direct views of the bay.

The one, two- and three-bedroom apartments feature chef-inspired kitchens, granite countertops, stainless steel appliances, washers and dryers, designer lighting packages and spacious walk-in closets. Crescent Bayshore also includes several floor plans with two expansive, wrap-around porches offering residents prime views of the waterfront.

Leasing information is available at www.crescentbayshore.com.

Crescent Bayshore is financed by an equity investment from Crescent Communities, construction financing from Capital One and mezzanine financing from Nationwide Real Estate Investments. Moss & Associates is the general contractor. The project architect is MSA Architects, with interiors designed by Vignette Interiors and landscape architecture by Dix.Hite+Partners. Civil engineering was performed by King Engineering. Crescent Bayshore is professionally managed by Greystar.

About Crescent Communities

Founded in 1969 in Charlotte, Crescent Communities is a diversified real estate investment, development and operating company dedicated to enhancing the quality of life for people through sustainable multifamily, residential and commercial communities and responsible land management. Crescent's portfolio today includes 21 master-planned communities, including its signature Palmetto Bluff, as well as 16 multifamily projects with over 4,500 units under construction/lease-up or in planning/pre-development. The company owns and manages approximately 40,000 acres of land.

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SOURCE Crescent Communities