April 29, 2024

City Living

The Good Business Sense of Urban Redevelopment

Sold on Tampa and Orlando

Jesse Diner

Anthony M. Everett
President, Everett Realty & Investments
Tampa

In the late ’90s and early 2000, as the suburbs were booming, then-Orlando
Mayor Glenda Hood looked at her downtown’s eroding tax base and decided to pump millions of dollars into redevelopment, says Anthony M. Everett, president of Everett Realty & Investments. Today, the city’s downtown is a residential top pick of Baby Boomers and Generation Xers.



Everett represents Post Properties, which recently acquired 350 units at Post Lake in Orlando’s Baldwin Park.
It is also a top pick of Post Properties, which Everett represents. Known for its high-quality rental apartment complexes, Atlanta-based Post recently acquired 350 units in Baldwin Park, close to downtown Orlando. It’s planning to build an additional 410 units nearby.

Post also likes Tampa. It has 500 units planned in the Tampa market, including 192 near downtown. One project, Post SoHo Square, available in March 2009, will be close to the city’s business district in the trendy SoHo district.

Everett says units will be ready when the housing market starts to improve.


Tags: Housing/Construction

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