Tampa's Westshore to Gain Sought-After Residential Component
TAMPA, Fla., Aug. 23 /PRNewswire/ -- Representatives from Phillips Development & Realty, LLC (PDR) announced today the closing of construction financing of Le Jardin, a 401-unit, Class A apartment community in Tampa's desirable Westshore business district. The $69 million financing deal is the second largest in PDR's history. Le Jardin is the company's most fiscally significant project in the Tampa market to date and is proving to be PDR's largest development ever based on number of units per single phase. The community will bring upscale, conveniently located dwellings to a prestigious area which previously lacked a residential component. "Every project site we choose is carefully considered to achieve the best possible outcome for residents and investors," said Donald Phillips, Managing Director for PDR. "We are especially proud to begin Le Jardin since it's an opportunity to invest in our own community." Senior contributing lende