Ryan Set to Deliver Award-Winning Lakewood Ranch Multifamily Community
We’re excited to announce that Renata at Lakewood Ranch, a new 650,000-square-foot multifamily development located just outside of Tampa in Bradenton, Florida, is now leasing. The community, which is part of the 33,000-acre master-planned Lakewood Ranch development, will feature 502 multifamily units.
Renata at Lakewood Ranch’s first buildings will be delivered this month, along with the community’s clubhouse. Additional buildings in the multifamily community will open in the following months, culminating with the entire community opening in July 2024. The overall Lakewood Ranch project, which was recently named as one of Tampa Bay Business Journal’s Best Real Estate Deals of 2023, is being developed alongside our joint venture partners PGIM Real Estate, the real estate investment and financing business of PGIM, and Parksprings Development.
“With the addition of new residential units at Renata, Ryan is addressing outsized demand for new housing options in the fast-growing Tampa Bay market, and we’re excited to welcome our first residents soon,” said J.P. Bacariza, our senior vice president, market leader in Tampa. “As we near completion of our Lakewood Ranch community and expand our multifamily portfolio in this region, we hope to fuel economic growth by generating new jobs and support for local businesses while also creating an elevated quality of life for residents and locals alike.”
Renata at Lakewood Ranch is our largest project in Florida thus far, with upscale residential units and amenities that include a resort-style pool, fitness facilities and a private lakeside beach. The Renata community is also rich in natural surroundings, offering residents scenic views of lakes, wetland areas and access to the Lakewood Ranch trail network. Its proximity to Lakewood Ranch Preparatory Academy and on-site office buildings highlight the community’s family appeal.
“Despite some of the challenges levied by the pandemic, Ryan, Park Springs Development and PGIM Real Estate were able to successfully navigate an evolving real estate landscape to bring much-needed housing to market,” said Nat Linden, vice president of development, multifamily. “Renata's impact will be multifaceted and will propel the overall growth of the Lakewood Ranch community.”
In addition to Renata, our projects at Lakewood Ranch include Grand Living at Lakewood Ranch and Lakewood Ranch Preparatory Academy. Our Tampa-based team has built more than 5.3 million square feet of product throughout the Tampa Bay region, across sectors including alternative energy, education, healthcare, industrial, multifamily, retail and senior living.