By Ashley Gurbal Kritzer | Real Estate Editor, Tampa Bay Business Journal
A South Florida condo developer has purchased a strip of historic storefronts and a vacant lot in downtown Tampa, with plans to build hundreds of luxury units on the property.
Kolter Group, which has become one of Tampa Bay’s most prolific and credible condo developers, paid a total of $11.64 million for four parcels, according to Hillsborough County property records: 520 N. Tampa St., which is home to First Watch; the Dohring Building at 514 N. Tampa St.; a small alley next door to the Dohring Building; and the vacant lot at 507 N. Ashley Drive.
Kolter Homes was recognized at the 2021 OBIE Awards with four wins. The builder took home three Gold and one Silver award for its model homes at Cresswind Georgia at Twin Lakes in Hoschton.
“Our continued success at the OBIE Awards confirms we create thoughtfully designed home designs for today’s active adult homebuyer at our destination 55+ communities,” Jennifer Landers, community director at Cresswind Georgia at Twin Lakes, said. “It further substantiates the benefits the Cresswind lifestyle program offers active adult home shoppers.”
Presented by the Greater Atlanta Home Builders Association (HBA) and the Atlanta Sales and Marketing Council (SMC), this year marks the 41st Annual OBIE Awards. Held on Saturday, October 23, 2021, this year’s event returned to the Georgia Aquarium and serves as the premier awards in the Atlanta residential real estate market and new home construction industry.
Presented for accomplishments in both building and interior design, Kolter Homes received the following Gold OBIE wins for Cresswind Georgia at Twin Lakes:
Best Building Design – Detached Model – $400,000 to $499,999 – Cedar
Best Building Design – Detached Model – $500,000 to $599,999 – Maple
Best Interior Merchandising – Detached Models $500,000 to $599,999 – Maple
Kolter Homes also received the following Silver OBIE Award:
Best Interior Merchandising – Detached Model $400,000 to $499,999 – Dogwood
Located in Hoschton within Twin Lakes, one of the largest new residential master-planned developments in the greater Atlanta area in more than a decade, Cresswind Georgia is the newest low maintenance, highly-amenitized destination for active adults from Kolter Homes in Georgia. Serving as the active adult component of the development’s total 2,600 homes, Cresswind Georgia features 1,300 low-maintenance single-family homes, as well as resident-only amenities.
Set across several hundred acres of preserved nature and walking trails, Cresswind Georgia will offer resort-style amenities including a resident-only community clubhouse, dubbed Club Cresswind, with a lounge area, lakeside views, event spaces, a state-of-the-art Cresswind SmartFIT Training Center powered by EGYM, cardio studio, arts and crafts room and indoor pool with lap lanes. Residents will also enjoy impressive outdoor amenities including walking trails, a resort-inspired pool, tennis courts, event lawn and bandshell. The property also features two community lakes for fishing, kayaking and canoeing.
Additionally, Cresswind Georgia recently hosted the inaugural Cresswind Cup, a pickleball tournament bringing together more than 200 players from seven Cresswind and Kolter communities across four states. Serving as the community’s signature, the Cresswind Pickleball Center will feature more than 40 pickleball courts, estimated to be the largest private pickleball complex in Georgia and one of the largest in the Southeast with 21 courts and “Eagle’s Nest” spectators pavilion currently completed.
Priced from the upper $300,000s to $500,000s, home designs at Cresswind Georgia boast regionally inspired style with design options, layouts and finishes created with today’s active adult in mind. Open daily, the Cresswind Georgia model home park features 15 decorated home designs with a variety of personalization options including golf cart garages, flexible room configurations, finished or unfinished bonus rooms, enclosed patios and more.
The sales center and 15 decorated models are open daily to tour in-person or online. See all model home photos and press materials here. To learn more about new Hoschton homes now selling at Cresswind Georgia at Twin Lakes, visit CresswindGeorgia.com. For more information regarding Cresswind communities throughout Florida, Georgia and the Carolinas, visit Cresswind.com.
Cresswind Georgia is the newest active adult community in the Atlanta area from Kolter Homes. Located in Hoschton, Georgia, the community offers several hundred acres of preserved nature with walking trails and resort-style amenities including two lakes, a clubhouse, indoor and outdoor pools, a large activity lawn and more. Cresswind Georgia features 15 designer decorated models open daily for in-person and online tours. To learn more about Cresswind Georgia, visit CresswindGeorgia.com.
Kolter Homes brings nearly three decades of experience in homebuilding to its master-planned communities throughout Florida, Georgia and the Carolinas that serve both active adult and primary home buyers. Kolter Homes communities have earned numerous regional and national awards, and the Kolter Homes team has welcomed over 10,000 neighbors to its new homes.
Kolter Homes is an affiliate of The Kolter Group LLC, a diversified real estate development and investment firm that has invested in projects with expected value more than $15 billion. Headquartered in Palm Beach County, The Kolter Group LLC with its affiliated entities is currently developing in over 50 locations throughout the southeastern United States. Kolter.com.
By: Kevin McQuaid | Business Observer
The Kolter Group’s latest St. Petersburg condominium tower has racked up some impressive sales numbers in the few months since the 35-story tower commenced construction.
The project is one of several fee-simple developments along the Gulf Coast where units have continued to sell well despite the COVID-19 pandemic.
To date, sales of roughly half of Saltaire’s 192 units in St. Petersburg have generated $135 million, sales Brian Van Slyke, Florida West Coast regional president of Kolter Urban, a division of the Delray Beach-based development firm.
By: Betsy Calvert | Sun Port Charlotte – Model homes should start going in next week in the new West Port community following county approval of three subdivision layout plans there.
Charlotte County commissioners on Tuesday approved plans for the first 218 single-family lots in phase one of the recently named West Port planned community. This is the 435-acre site known as Murdock Village.
Lead developer KL West Port LLC, which includes Kolter Land Partners, said the first model homes will be in the section called The Isles, behind the county fairgrounds and near State Road 776. Cleared land directly along State Road 776 is zoned for commercial operations and some multi-family housing with no plans submitted yet.
By: Kolter Homes | Patch – Builder recognized at building industry’s most prestigious award gala.
Kolter Team at awards
Kolter Homes – a leader in developing next-generation, highly-amenitized, master-planned active adult communities in the Southeastern U.S. – was recently recognized at the 2020 OBIE Awards with 17 wins. The builder took home 12 Gold and five Silver Awards for both Cresswind Peachtree City and newly opened Cresswind Georgia at Twin Lakes in Hoschton.
“After selling more than 100 homes in the first 90 days of sales at Cresswind Georgia at Twin Lakes, the OBIE Awards confirm we have created a new destination 55+ community with thoughtfully designed home designs for today’s active adult homebuyer,” Regional Vice President at Kolter Homes Tony Adams said. “It further substantiates the benefits Cresswind offers active adult home shoppers with Cresswind Peachtree City previously being named Best 55+ Community in Atlanta by the Greater Atlanta Home Builders Association.”
By: Ashley Gurbal Kritzer | Tampa Bay Business Journal
The novel coronavirus pandemic hasn’t stopped some of Tampa Bay’s biggest construction projects from making major progress.
Construction, designated an essential industry by Gov. Ron DeSantis, didn’t stop during the state-ordered shutdown to slow the virus’ spread (although some, including the Westshore Marina District, voluntarily halted work). From mixed-use developments like Midtown Tampa to a suburban office building that will be home to Centene Corp., these construction projects are taking shape.
By: Kolter Homes | Patch – Kolter Homes – a leader in developing next-generation, highly-amenitized, master-planned active adult communities in the Southeastern U.S. – recently welcomed the Jackson County Area Chamber of Commerce to a Business and Social Hour (BASH) and Ribbon Cutting at Cresswind Georgia at Twin Lakes. The event offered attendees the opportunity to see the tremendous success the community has already achieved in bringing new residents to the area and preview all that is yet to come.
“This event was a fantastic way to meet our fellow Chamber members while enjoying a beautiful afternoon in a picturesque setting,” Regional Vice President at Kolter Homes Tony Adams said. “We hope everyone had as much fun as we did, and we encourage anyone who couldn’t make the event to stop by for a tour.”
Several prominent Hoschton dignitaries attended the event and assisted Adams with the ceremonial ribbon cutting. Guests included City of Hoschton Councilperson James Lawson, Former Hoschton Mayor Theresa Kennerly, President and CEO of Jackson County Area Chamber of Commerce Jim Shaw and City of Hoschton Councilperson Tracy Carson. Attendees were encouraged to take self-guided tours of the 15 decorated model homes, and sales agents were on-hand to answer any questions.
Located within the master-planned Twin Lakes development in Hoschton, Cresswind Georgia offers a low maintenance and highly amenitized destination for active adults. In addition to several hundred acres of preserved nature with walking trails, planned resort-style amenities at Cresswind Georgia include a clubhouse, indoor and outdoor pools, fitness center, yoga studio, art and crafts studio with kiln, billiards, a large activity lawn, amphitheater and a Pickleball & Tennis Center.
Currently under construction in Phase I with a planned spring opening, the Pickleball Center will include 30+ pickleball courts once complete, estimated to be the largest private pickleball complex in Georgia, capable of hosting major tournaments and events. The community’s prime location also offers plenty of places for residents to explore in nearby downtown Hoschton and Braselton, as well as convenience to the Blue Ridge Mountains, downtown Atlanta, Lake Lanier and Athens, all within an hour’s drive.
Upon completion, Twin Lakes is projected to be one of the largest new residential master-planned communities in the greater Atlanta metro area in more than a decade, nearly doubling the surrounding area’s population. The sales center and 15 decorated models are open daily to tour in-person or online. To learn more, visit www.CresswindGeorgia.com.
About Cresswind Georgia:
Cresswind Georgia is the newest active adult community in the Atlanta area from Kolter Homes. Located in Hoschton, Georgia, the community offers several hundred acres of preserved nature with walking trails and planned resort style amenities including two lakes, a clubhouse, indoor and outdoor pools, a large activity lawn and more. The sales center and 15 decorated models are open daily to tour in-person or online. To learn more about Cresswind Georgia, visit www.KolterHomes.com.
By: By Ashley Gurbal Kritzer – Senior Reporter | Tampa Bay Business Journal – A penthouse on the 42nd floor of ONE St. Petersburg has sold for a near top-of-market price.
Unit No. 4203 sold for $4.7 million on Oct. 14, according to a Pinellas County deed filed Friday. That breaks down to $1,244 per square foot for the 3,777-square-foot penthouse — a price that puts it in within the top five most expensive condominiums ever sold in the Tampa Bay region on a price-per-square-foot basis.
The Kolter Group purchased 292.9 acres of land in Union County for just over $15 million, real estate records show.
By: Collin Huguley | Charlotte Business Journal
A Florida residential developer has purchased hundreds of acres in Union County.
An entity affiliated with The Kolter Group bought 292.9 acres for just over $15 million between two purchases, according to county real estate records. The land is in the town of Wesley Chapel, and the sale was closed on Aug. 31, records show.
By: Mike Seemuth | TRD Miami – Kolter Urban got the green light to develop 3000 Alhambra, a high-rise oceanside condominium development in Fort Lauderdale.
City commissioners on Tuesday gave final approval to a rezoning and site plan for the project at 3000 Alhambra Street that developer Kolter Urban dramatically redesigned. They voted 5-0 to approve a two-building, 26-story development with 215 units. Kolter executives were unavailable for comment.
Kolter Urban, part of Delray Beach-based Kolter Group, also plans to build retail-store and restaurant space spanning 5,150 square feet, along with 497 parking spaces, including 120 public parking spaces. The project architect is Miami-based Kobi Karp.
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