Arrival Of Urban, Upscale Apartments To Rejuvenate West Tampa, Fla.

Arrival of urban, upscale apartments to rejuvenate West Tampa, Fla.

by

Marialuisa Planzo

TAMPA, Fla. (July 18, 2007) Market demand for urban apartment homes has leaped to the forefront of what s hot in Tampa Bay. The Zaremba Group, a national real estate development company in a joint venture with the Morin Development Group, master developer of the West End project, is making sophisticated apartment homes possible in West Tampa by introducing its latest project, The Vintage Lofts at West End. The apartment homes are being introduced as part of a master planned community consisting of eight city blocks a mile and a half west of Tampa s downtown district.

The Greater Tampa rental market has experienced a dwindling of available rental product due to the scarcity of available land, said Zaremba Group regional director of development, Nicholas Husak. Over the next two years, there is projected to be a lack of supply for rental homes and a growth rate for apartments. There are very few other apartment communities of this quality in this highly desirable area, said Husak.

The Vintage Lofts at West End are slated for delivery to the market during the Fall of 2008. The Lofts are a rental component of the master planned community, West End Tampa. The community will be comprised of apartments, town homes, condominiums, several public parks and retail. The West End Tampa planned development as a whole is designed to foster a sense of community; The Vintage Lofts will compliment the charisma and character of this already historical location, said Ken Morin, Managing Partner of Morin Development Group.

The 249-unit, Class A apartment home community will be a mix of urban style and authentic charm. The West End Tampa neighborhood was a former warehouse industrial district; The Vintage Lofts will be designed to emulate the historic culture while tying in a contemporary, urban style. The exterior fa ade will pay homage to the Cuban cigar factories that once dominated and inspired the region. This complex is truly meant for the young, metropolitan professional looking for a home that they can be proud of. The retro style and classic appeal is a perfect combination for a temporary or permanent apartment-home seeker, said Husak.

The Vintage Lofts will include a mix of one, two and three bedroom units as well as studios. The apartment sizes will range from 525 square feet to 1,400 square feet. Complex amenities will include a clubroom for social gathering or professional use, a fully equipped fitness center and four privately landscaped courtyards with a community pool, serenity gardens and fountains throughout. The urban district will be located just south of I-275 on Cypress St. and Rome Ave. in the heart of West Tampa. The Vintage at West End Tampa is a practical metro neighborhood in a chic Tampa area, said Husak, It will also be a comfortable, scenic haven surrounded by lush landscaping.

Standard lofts will include 9 ceilings throughout with large ceramic tile and stained concrete flooring on the first floor units and carpeting and tile on the second through the fourth floor units. Contemporary cabinetry and countertops, brushed chrome fixtures and a standard appliance package will also be included. The exterior will be comprised of a combination of brick and stucco finishes.

The buildings will be four stories with a flat roof and a 470-space pre-cast parking deck/garage with ample space for visitors. The residences will surround the parking deck on three sides offering convenient access to all buildings.

Zaremba Group is a fully integrated national real estate organization. With headquarters in Cleveland and five regional offices in Atlanta, Orlando, Tampa, Scottsdale and Los Angeles, senior management teams oversee and carefully monitor the development, construction and asset management aspects of national diversified development programs.

The Zaremba Group has more than 80 years of continuous and independent real estate experience in market research and strategic planning, site selection and acquisition, development, general contracting and construction management.

For more information, visit www.ZarembaGroup.com, or call the Tampa office at 813-333-5274. For additional information, please contact:CMSA Advertising & Public Relations / 727-447-3396 / Marialuisa Planzo / Marialuisa@cmsa.com

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