Tellus Partners are developing a new multifamily project in Wildwood, FL. The total project will consist of 294 units.
Wildwood is a proposed development project located on at the intersection of US Highway 301 and State Road 466 in Wildwood, Florida. Construction is projected to begin in mid 2021 with first units delivered in late 2022. The Sponsorship team believes that this is an excellent opportunity to enter a strong submarket that has seen substantial growth.
The subject will be located just west of The Villages, one of the largest Master Planned Communities in the US. This 55+ age restricted community has over 60,000 homes comprised of over 115,000 residents. The Villages growth is projected to continue at a rapid pace for the foreseeable future.