BBX Logistics Properties and FRP Development Corp today announced the formation of a joint venture to develop BBX Park at Lakeland consisting of approximately 213,500 square feet of state-of-the-art logistic facilities on 22.5 acres in Lakeland Florida. Both companies are full-service real estate development firms and this venture marks a significant milestone in the expansion of logistics infrastructure in the region.
“Embarking on this project in Lakeland reflects our commitment to innovation and excellence in industrial real estate development,” said Seth Wise, President of BBX Capital Real Estate and Chairman of BBX Logistics Properties. This development comes on the heels of our announcement of BBX Park in Delray Beach and builds on our strategy to invest in Class-A logistics facilities in strategic locations.”
“This acquisition of the Lakeland property and the formation of this joint venture is the culmination of an outstanding effort by our team to identify best-in-class infill logistics assets,” said Mark Levy, President of BBX Logistics Properties. “Our project will be highly flexible and cater to tenants seeking a centralized last mile distribution location on the I-4 Corridor.”
BBX Park at Lakeland, located at 8255 State Road 33 N, Lakeland, FL 33809, is in what we believe is a highly desirable location directly north of I-4 and south of SR-33, offering both visibility and convenient access to major transportation arteries. With its prime location within 50 miles of both Tampa and Orlando, the park is poised to become a pivotal hub for logistics operations in Central Florida.
The initial phase of construction is expected to commence in the fourth quarter of 2024 with completion and occupancy anticipated in 2025. Leasing will be handled by Kris Courier, Senior Vice President of CBRE’s Industrial Services brokerage team based in Tampa.
“We are thrilled to partner with BBX Logistics Properties in the development of this Class A, best-in-class industrial development in Lakeland, Florida,” said David deVilliers, III, Executive Vice President of FRP Development Corp. “This venture underscores our shared commitment to driving economic growth and innovation in the region and expanding our industrial reach from the Mid-Atlantic to Florida. Together, we look forward to delivering a world-class facility that will serve as a cornerstone for logistics excellence in Central Florida.”
For more information about BBX Logistics Properties, please visit www.BBXLogisticsProperties.com.
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area.
“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.”
Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances.
Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind.
This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents.
Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations.
To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/.
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area.
“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.”
Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances.
Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind.
This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents.
Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations.
To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/.
In a celebration of their enduring partnership, Habitat for Humanity of Broward and BBX Capital Inc. marked a significant milestone with a generous additional contribution of $150,000 from BBX Capital. The funds will further propel the construction efforts of the new Coral Springs Community development by Habitat Broward and will fund a home for a Habitat family.
The ceremony, held on site at the Coral Springs development, brought together key figures from both organizations, highlighting the collaborative spirit that has fueled their joint mission. On site were Alan Levan, Chairman of BBX Capital; Jarett Levan, President/CEO of BBX Capital; Nancy Robin, CEO of Habitat Broward; Marcia Barry-Smith, Board Member of BBX Capital; Seth Wise, EVP of BBX Capital; Lois Marino, Executive Director of BBX Capital Foundation along with Habitat Broward staff, supporters and volunteers.
This additional contribution underscores BBX Capital's unwavering dedication to addressing the critical need for affordable housing in the community. The funds will directly support the construction of homes within the Coral Springs Community Project, enriching the lives of local families and fostering a stronger, more resilient community. For decades, BBX Capital, Inc. has been steadfast in its support of Habitat for Humanity and has prioritized affordable housing as a fundamental pillar of support for the company. In pursuit of this mission, Jarett Levan President & CEO of BBX Capital, alongside Seth M. Wise, Executive Vice President, BBX Capital, Inc., President, BBX Capital Real Estate, and CEO, The Altman Companies (owned by BBX Capital Real Estate); recently established Altman Living to respond to the increasing demand for affordable housing in our communities. Altman Living focuses on offering properties that are accessible and affordable to individuals and families across the economic spectrum.
Nancy Robin, CEO of Habitat Broward, expressed gratitude for the ongoing collaboration, stating, "This remarkable partnership with BBX Capital exemplifies the power of businesses coming together to make a meaningful impact on the lives of our neighbors. With this generous contribution, we are one step closer to realizing our vision of a thriving, inclusive community where everyone has a decent and affordable place to call home."
Jarett Levan, President/CEO of BBX Capital, echoed these sentiments, saying, "BBX and our family of companies are excited to support Habitat once again with this new project in Coral Springs – the new townhouse development... This is our 55th home that our family of companies have donated and handed over keys to homeowners. Every home is special, this is the first in Coral Springs, so it makes it even more special, we are just thrilled to be a part of it.”
The Coral Springs 13-townhome community completion is expected by late 2024. This project is a part of Habitat Broward’s goal to tackle $20 million in construction by building 60 much-needed affordable homes in Broward County.
The 318-unit apartment homes accompanied by Class-A amenities, Altís Blue Lake is now open and residents are moving in
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is thrilled to announce the grand opening of Altís Blue Lake, a luxurious 318-unit apartment community nestled in the heart of Lake Worth, Florida. The community is now open for residents to move in, bringing a new level of luxury living to this vibrant area.
“We are delighted to announce the grand opening of Altís Blue Lake, our latest addition to Palm Beach County,” said Seth Wise, CEO of The Altman Companies. “As we open our doors, we are excited to provide much-needed housing that sets a new standard of luxury, exceptional services, and exclusive amenities in the area.”
Located on Jog Road in Lake Worth, Altís Blue Lake boasts one, two, and three-bedroom apartment homes with private entry options and direct access garage availability. These thoughtfully designed homes feature spa-inspired bathrooms with dual sink vanities, spacious soaking tubs, and elegant clear glass shower enclosures. The modern interiors include quartz countertops, 39-inch cabinets, front-loaded washers and dryers, and energy-efficient stainless-steel appliances.
Residents of Altís Blue Lake have access to a 6,000-square-foot clubhouse, complete with a resort-style heated swimming pool surrounded by pool cabanas, grilling stations, and a pavilion perfect for relaxation. The community offers a 24/7 fitness center with yoga, spinning, and aerobics studios, a cybercafé with workspace lounges, a private conference room, and a game room. Additionally, a wellness treatment room provides residents with a tranquil space to unwind.
This pet-friendly community features an indoor air-conditioned dog grooming spa and a multi-purpose trail, along with a pet park that includes a gated off-leash area for residents and their furry companions. To enhance convenience, Altís Blue Lake provides package delivery services and a dry-cleaning pickup station for its residents.
Altís Blue Lake proudly holds Florida Green Building Coalition certification, showcasing its commitment to sustainability. The community features 100% energy-efficient designer lighting, ENERGY STAR® rated refrigerators and dishwashers, high-efficiency water heaters, and Electric EV car-charging stations.
To learn more about Altís Blue Lake, please visit https://www.altisbluelake.com/.
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities, is excited to announce the successful sale of Altís Ludlam Trail. This mixed-use, six-story apartment building, located in Miami-Dade, has been acquired by GID, a prominent real estate owner and fiduciary known for investing in diverse asset classes. Altís Ludlam Trail, which was developed in collaboration with MV Real Estate Holdings and The Mattoni Group, is situated on approximately 3 acres of land.
“The Altman Companies are proud to have developed Altís Ludlam Trail into a premier residential community designed to take advantage on the special location along the new Ludlum Trail,” said Seth Wise, CEO of The Altman Companies. “We are thrilled to transition ownership to such an esteemed organization as GID. This transaction continues a long and successful relationship with GID.”
Altís Ludlam Trail has been highly regarded for its innovative design, luxurious amenities, and vibrant live-work-play environment. The community offers an array of Class-A amenities, including a rooftop resort-style pool, fully amenitized pool deck with fabulous views of the Miami skyline, and a rooftop clubhouse with a media room, fitness center, and coffee bar. Additional features include lots of “work from home” workspace with high-speed internet access, a synthetic turf gaming area, and a hammock garden. Altís Ludlam Trail is also a pet-friendly community, with an indoor air-conditioned dog grooming spa and a bark park conveniently located adjacent to the new Ludlam Trail, allowing residents to enjoy quality time with their furry companions.
"GID aims to create thriving communities where people feel truly cared for through our in-house property management company, Windsor Communities. With its prime location and top-notch amenities, Altís Ludlam Trail presents an exciting opportunity within the Miami-Dade market,” said Greg Bates, President and CEO of GID. “The Altman Companies are known for their commitment to excellence and high standards, and we will continue to prioritize and elevate that level of experience at Altís Ludlam Trail."
Situated in the Bird Road development area of the Ludlam Trail Corridor District, Altís Ludlam Trail comprises 312 ultra-luxe apartments with an average unit size of 820 square feet. Developed in partnership with MV Real Estate Holdings and The Mattoni Group, the property occupies approximately 3 acres of land. Altís Ludlam Trail is National Green Building Standard (NGBS) certified, incorporating sustainable initiatives such as energy-efficient designer lighting, ENERGY STAR® appliances, individual unit electric meters, sub-metered water, high-efficiency water heaters, and programmable thermostats with humidistat. The community also features electric car charging stations, promoting green energy and sustainability.
“We are delighted to have partnered with The Altman Companies in the development of Altís Ludlam Trail, an exceptional community that combines luxury living with sustainability,” said Ricardo Caporal, President of The Mattoni Group. “Our shared vision has come to life in this project, and we are proud to have been a part of creating a truly remarkable residential experience for the residents.”
“We are so proud to have worked on this legacy project that helped shape the future for the entire Ludlam Trail masterplan,” said Alex Mantecon of MV Real Estate. “It has been amazing to collaborate with our partners on Altís Ludlam Trail and we are excited for more transformational development to take place in this area as we continue to make a lasting impact along the Ludlam Trail.”
In addition to the residential component, Altís Ludlam Trail offers 7,500 square feet of retail space. Its prime location is less than a mile from the Palmetto Expressway, two miles from the University of Miami, and three miles from Coral Gables. Additionally, Altís Ludlam Trail will be under the management of Windsor Communities, a nationally recognized property management company.
For an appointment or for more information on The Altman Companies, please visit www.altmancos.com.
