MIAMI, FL – Atlantic | Pacific Development (A|P Development), the development subsidiary of Atlantic | Pacific Companies (A|P), announced the acquisition of 21.1 acres at Tradition in Port St. Lucie, Florida. A|P’s future plans are to develop a Class-A Multi-Family apartment community.
The preliminary site plan for Grande Palms at Tradition will include 252 Class-A Multi-family units which will be a mix of one, two and three bedroom floor plans. The town of Tradition is a live, work, play environment that promotes an active lifestyle.
Tradition evokes a conventional small town appeal with advanced amenities. It has various neighborhoods that surround a central retail district with shopping, dining, and entertainment. Tradition Square, the town center, is the heart of the community. It offers a variety entertainment including concerts, festivals, and many other events & activities.
The project will be an addition to A|P’s growing presence in the area. Nearby, Atlantic | Pacific Management (A|P Management), the property management and leasing subsidiary under A|P, is currently managing the Stuart Commons office building which operates as a Crexent Business Center.
“The long term growth prospects for the Tradition Community are extraordinary. The Torrey Pines Institute for Molecular Studies, the Vaccine and Gene Therapy Institute Florida, Mann Research Center and Martin Memorial Health Systems present significant demand generators supporting the development of new Class-A Multi-Family apartment communities,” says Randy Weisburd (top right photo), COO of Atlantic | Pacific Companies.
For more information, please contact Randy Weisburd at rweisburd@apmanagement.net
Contact: Jessica Wade Pfeffer, President, Jessica Wade Inc., Publicity, Marketing & Partnerships, 7100 Biscayne Blvd., Suite 305A | Miami, FL 33138
Cell +1.305.804.8424 | Blackberry Pin 32EC7AE1
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