Southwest Florida New Construction & Proposed Multifamily Projects 2Q19

Source: Yardi Matrix2 mi

63

71

6264

94

61

67

66

70

68

69

65

2

1

6

28

32

33

3130

29

27

26

34

35

36

37

38

21

22

252016

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS1 Adley Lakewood Ranch Waterside,

The860

2 Magnolia Estates 247

6 Oasis at Sarasota, The 324

Total Lease Up 1,431

16 Aria Bradenton 302

20 Blue Heron Creek Phase II 192

21 Green at Lakewood Ranch, The 300

22 Terraces at Peridia, The 61

25 Addison, The 90

Total Under Construction 945

26 Canoe Creek 140

27 Parrish Lakes 600

28 Vorbeck at Moccasin 720

29 Preserve at Riverwalk Phase II 50

30 Shoreview 216

31 Village of the Arts 100

32 Aqua by the Bay 2,894

33 Heritage Harbour 380

34 Oasis at Lakewood Ranch 254

35 Park 30 216

36 Alloro at University Groves, The 183

37 Harrison Residences, The 240

38 Solaire 233

Total Planned 6,226

61 301 Oxford 168

62 Floridian at Moccasin, The 300

63 Parrish Lakes Phase II 500

64 Robinson Gateway 542

65 Lake Flores 6,500

66 77th Terrace 160

67 Blue Heron Creek Phase III 100

68 Lakewood Ranch 100

69 River Club Park Lot 3 142

70 Cattlemen & DeSoto 1,750

71 Cattlemen Ranch 60

94 Ellenton Landings 136

Total Prospective 10,458

Southwest Florida New Construction & Proposed Multifamily Projects 2Q19

Source: Yardi Matrix2000 ft

9356

58

3

5792

91

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS3 Springs at Hammock Cove 340

Total Lease Up 340

56 Trio 377

57 Seychelles 100

58 Crest at Naples, The 200

Total Planned 677

91 Briarwood 320

92 Naples Beach Hotel Redevelopment

195

93 Legacy Naples 304

Total Prospective 819

Southwest Florida New Construction & Proposed Multifamily Projects 2Q19

Source: Yardi Matrix2000 ft

46

47

78

76

77

4

8

43

4544

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS4 Floridian Club of Sarasota, The 309

8 Treviso Grand 275

Total Lease Up 584

43 Siesta Promenade 414

44 Keystone Road 347

45 Venice Isles 324

46 Flats at Sundown 224

47 Murdock Village 2,400

Total Planned 3,709

76 Clark Road & Honore Avenue 257

77 Grand Lakes 1,097

78 Tuckers Point 1,689

Total Prospective 3,043

Southwest Florida New Construction & Proposed Multifamily Projects 2Q19

Source: Yardi Matrix5 mi

1924

15

90

88

86

87

85

81 8482

83

80

55

51 50

49

9

12

5710

48

5253

89

54

18

2379

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS5 Grand Central 280

7 Decorum 435

9 Addison Place 240

10 Portofino Cove Phase II 206

12 Reef Phase II, The 60

Total Lease Up 1,221

15 Parkside Estero 198

18 Ben C. Pratt Six Mile Cypress 225

19 Crest at Bonita Springs, The 264

23 Eastwood 356

24 Mosaic @ Oak Creek 273

Total Under Construction 1,316

48 Cape Coral 330

49 Easton Upscale 273

50 CenterPlace 1,800

51 Murano at Three Oaks 318

52 Edera at Coconut Point 180

53 Estero Crossing 350

54 Pine Ridge Commons 325

55 Vi at Bentley Village 51

Total Planned 3,627

79 Paradise Isles 80080 McGregor Blvd and Altamont

Avenue 100

81 Veronica S. Shoemaker 48082 6 Mile Cypress Pkwy & Challenger

Blvd 100

83 Colonial at Metro 775

84 Colonial Gardens Phase I & II 168

85 Portofino Vineyard 312

86 Coconut Crossings 631

87 Downtown Estero 266

88 Allura 350

89 Immokalee Square 100

90 Pelican Nursery Redevelopment 400

Total Prospective 4,482

Southwest Florida New Construction & Proposed Multifamily Projects 2Q19

Source: Yardi Matrix1000 ft

17 73

7574

72

11

14 13

60

39

4059

4241

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS11 Volaris Live Oak 300

13 Bold Lofts 97

14 Arcos 228

Total Lease Up 625

17 Shopping Avenue 222

Total Under Construction 222

39 200 South Orange Avenue 160

40 Bayside Club 253

41 Bergamot on 780, The 98

42 Quay, The 662

59 Lofts on Lemon 130

60 Bath & Racquet Club 180

Total Planned 1,483

72 731 Cattlemen Road 288

73 Beneva Road 100

74 North Tamiami Trail 240

75 Ritz-Carlton Sarasota 100

Total Prospective 728

Southwest Florida New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Adley Lakewood Ranch Waterside, The 2401 Lakewood Ranch Blvd North Sarasota FL 34240 Lease-Up 860 Outlying Sarasota County 01/21/2019 06/30/2020 06/10/2019

2 Magnolia Estates 6437 Brook Village Cove Bradenton FL 34202 Lease-Up 247 Bradenton - East 01/31/2019 04/30/2020 06/03/2019

3 Springs at Hammock Cove 4360 Petal Drive Naples FL 34112 Lease-Up 340 Naples - Central 05/02/2018 02/29/2020 01/01/2019

4 Floridian Club of Sarasota, The 19600 Floridian Club Drive Venice FL 34292 Lease-Up 309 Venice 03/05/2018 12/31/2019 03/18/2019

5 Grand Central 4910 Silver Gate Lane Fort Myers FL 33907 Lease-Up 280 Fort Myers - West 06/01/2018 09/30/2019 06/03/2019

6 Oasis at Sarasota, The 2083 University Pkwy Sarasota FL 34243 Lease-Up 324 Sarasota - University 04/01/2018 09/30/2019 09/11/2018

7 Decorum 9851 Decorum Drive Fort Myers FL 33966 Lease-Up 435 Fort Myers - South 05/07/2018 08/31/2019 06/03/2019

8 Treviso Grand 100 Treviso Grand Circle North Venice FL 34275 Lease-Up 275 Venice 08/01/2018 08/31/2019 04/15/2019

9 Addison Place 8633 Addison Place Circle Naples FL 34119 Lease-Up 240 North Naples 02/01/2018 08/31/2019 07/02/2018

10 Portofino Cove Phase II 4180 Umbria Lane Fort Myers FL 33916 Lease-Up 206 Fort Myers - Central 04/17/2018 07/31/2019 02/21/2019

11 Volaris Live Oak 2509 Cattlemen Road Sarasota FL 34232 Lease-Up 300 Sarasota - South 02/14/2018 07/31/2019 09/01/2018

12 Reef Phase II, The 10121 Shephard Street Fort Myers FL 33967 Lease-Up 60 Fort Myers - South 05/01/2017 07/31/2019 09/01/2018

13 Bold Lofts 1659 2nd Street Sarasota FL 34236 Lease-Up 97 Sarasota - Central 03/08/2017 07/31/2019 06/01/2018

14 Arcos 320 Central Avenue Sarasota FL 34236 Lease-Up 228 Sarasota - Central 06/01/2016 07/31/2019 12/01/2017

Total Lease-Up 4,201

15 Parkside Estero Estero Pkwy & US Highway 41 Estero FL 33928 Under Construction 198 Estero 02/04/2019 02/28/2021

16 Aria Bradenton 102 Manatee Avenue West Bradenton FL 34205 Under Construction 302 Bradenton - Central 03/18/2019 05/31/2020

17 Shopping Avenue 170 Shopping Avenue Sarasota FL 34237 Under Construction 222 Sarasota - Central 04/01/2019 04/30/2020

18 Ben C. Pratt Six Mile Cypress 12770 6 Mile Cypress Pkwy Fort Myers FL 33966 Under Construction 225 Fort Myers - South 03/03/2019 04/30/2020

19 Crest at Bonita Springs, The 12025 Bonita Beach Road SE Bonita Springs FL 34135 Under Construction 264 Bonita Springs 02/28/2019 03/31/2020

20 Blue Heron Creek Phase II 420 Salt Meadow Circle Bradenton FL 34208 Under Construction 192 Bradenton - East 09/28/2018 12/31/2019

21 Green at Lakewood Ranch, The NEC Lakewood Ranch Blvd & East State Road 70 Bradenton FL 34202 Under Construction 300 Bradenton - East 11/15/2018 12/31/2019

22 Terraces at Peridia, The 5298 Peridia Blvd East Bradenton FL 34203 Under Construction 61 Bradenton - East 06/11/2018 10/31/2019

23 Eastwood 2360 Ortiz Avenue Fort Myers FL 33905 Under Construction 356 Fort Myers - Central 08/01/2018 09/30/2019

24 Mosaic @ Oak Creek 10750 Dean Street Bonita Springs FL 34135 Under Construction 273 Bonita Springs 08/28/2018 08/31/2019

25 Addison, The 702 6th Avenue East Bradenton FL 34208 Under Construction 90 Bradenton - Central 08/06/2018 08/31/2019

Total Under Construction 2,483

26 Canoe Creek 14355 Golf Course Road Parrish FL 34219 Planned 140 Palmetto - Parrish

Southwest Florida New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

27 Parrish Lakes SWC Moccasin Wallow Road & US Route 301 Parrish FL 34219 Planned 600 Palmetto - Parrish

28 Vorbeck at Moccasin 4105 Moccasin Wallow Road Palmetto FL 34221 Planned 720 Palmetto - Parrish

29 Preserve at Riverwalk Phase II 360 11th Street East Bradenton FL 34208 Planned 50 Bradenton - Central

30 Shoreview 10th Street East & Manatee Avenue East Bradenton FL 34208 Planned 216 Bradenton - Central

31 Village of the Arts 1051 Manatee Avenue West Bradenton FL 34205 Planned 100 Bradenton - Central

32 Aqua by the Bay 5855 El Conquistador Pkwy Bradenton FL 34210 Planned 2,894 Bradenton - South

33 Heritage Harbour 112 Upper Manatee River Road NE Bradenton FL 34212 Planned 380 Bradenton - East

34 Oasis at Lakewood Ranch Lorraine Road & East State Road 70 Lakewood Ranch FL 34202 Planned 254 Bradenton - East

35 Park 30 33rd Street East & 55th Drive East Bradenton FL 34203 Planned 216 Bradenton - East

36 Alloro at University Groves, The 3301 Whitfield Avenue Sarasota FL 34243 Planned 183 Sarasota - University

37 Harrison Residences, The 36th Street East & Broadway Avenue Sarasota FL 34243 Planned 240 Sarasota - University

38 Solaire 5380 DeSoto Road Sarasota FL 34235 Planned 233 Sarasota - North

39 200 South Orange Avenue 200 South Orange Avenue Sarasota FL 34236 Planned 160 Sarasota - Central

40 Bayside Club 700 Cocoanut Avenue Sarasota FL 34236 Planned 253 Sarasota - Central

41 Bergamot on 780, The 4811 Fruitville Road Sarasota FL 34232 Planned 98 Sarasota - Central

42 Quay, The 333 North Tamiami Trail Sarasota FL 34236 Planned 662 Sarasota - Central

43 Siesta Promenade 6450 South Tamiami Trail Sarasota FL 34231 Planned 414 Sarasota - South

44 Keystone Road South Keystone Road & East Venice Avenue Venice FL 34292 Planned 347 Venice

45 Venice Isles 2800 Executive Drive Venice FL 34292 Planned 324 Venice

46 Flats at Sundown SEC West Price Blvd & South Toledo Blade Blvd North Port FL 34288 Planned 224 North Port

47 Murdock Village Collingswood Blvd & Toledo Blade Blvd Port Charlotte FL 33948 Planned 2,400 Port Charlotte

48 Cape Coral 3514 Chiquita Blvd South Cape Coral FL 33914 Planned 330 Cape Coral

49 Easton Upscale 2466 First Street Fort Myers FL 33901 Planned 273 Fort Myers - Central

50 CenterPlace Alico Road & Ben Hill Griffin Pkwy Fort Myers FL 33913 Planned 1,800 Fort Myers - South

51 Murano at Three Oaks Alico Road & Three Oaks Pkwy Fort Myers FL 33912 Planned 318 Fort Myers - South

52 Edera at Coconut Point SEC Via Coconut Point & Williams Road Estero FL 33928 Planned 180 Estero

53 Estero Crossing Corkscrew Road & Interstate 75 Estero FL 33928 Planned 350 Estero

54 Pine Ridge Commons Goodlette-Frank Road & Pine Ridge Road North Naples FL 34108 Planned 325 North Naples

Southwest Florida New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

55 Vi at Bentley Village 850 Retreat Drive Naples FL 34110 Planned 51 North Naples

56 Trio Davis Blvd & US Route 41 Naples FL 34102 Planned 377 Naples - Central

57 Seychelles Radio Road & Santa Barbara Blvd Naples FL 34104 Planned 100 Naples - East

58 Crest at Naples, The Southwest Blvd & Tamiami Trail East Naples FL 34113 Planned 200 Naples - South

59 Lofts on Lemon 851 North Lemon Avenue Sarasota FL 34236 Planned 130 Sarasota - Central

60 Bath & Racquet Club 2170 Robinhood Street Sarasota FL 34231 Planned 180 Sarasota - South

Total Planned 15,722

61 301 Oxford 5111 Oxford Road Parrish FL 34219 Prospective 168 Palmetto - Parrish

62 Floridian at Moccasin, The 9009 Moccasin Wallow Road Palmetto FL 34221 Prospective 300 Palmetto - Parrish

63 Parrish Lakes Phase II SWC Moccasin Wallow Road & US Route 301 Parrish FL 34219 Prospective 500 Palmetto - Parrish

64 Robinson Gateway Interstate 75 & Moccasin Wallow Road Parrish FL 34219 Prospective 542 Palmetto - Parrish

65 Lake Flores 75th Street West & Cortez Road West Bradenton FL 34210 Prospective 6,500 Bradenton - South

66 77th Terrace 77th Terrace East & Town Center Pkwy Bradenton FL 34202 Prospective 160 Bradenton - East

67 Blue Heron Creek Phase III 420 Salt Meadow Circle Bradenton FL 34208 Prospective 100 Bradenton - East

68 Lakewood Ranch Florida 64 & Lorraine Road Bradenton FL 34211 Prospective 100 Bradenton - East

69 River Club Park Lot 3 SEC Interstate 75 & East State Road 70 Bradenton FL 34202 Prospective 142 Bradenton - East

70 Cattlemen & DeSoto SWC Cattlemen Road & DeSoto Road Sarasota FL 34243 Prospective 1,750 Sarasota - North

71 Cattlemen Ranch 2001 North Cattlemen Road Sarasota FL 34232 Prospective 60 Sarasota - North

72 731 Cattlemen Road 731 Cattlemen Road Sarasota FL 34232 Prospective 288 Sarasota - Central

73 Beneva Road 105 South Beneva Road Sarasota FL 34232 Prospective 100 Sarasota - Central

74 North Tamiami Trail Fruitville Road & North Tamiami Trail Sarasota FL 34236 Prospective 240 Sarasota - Central

75 Ritz-Carlton Sarasota 1111 Ritz Carlton Drive Sarasota FL 34236 Prospective 100 Sarasota - Central

76 Clark Road & Honore Avenue Honore Avenue & State Road 681 Sarasota FL 34275 Prospective 257 Sarasota - Far South

77 Grand Lakes Clark Road & Ibis Street Sarasota FL 34241 Prospective 1,097 Outlying Sarasota County

78 Tuckers Point Interstate 75 & Tuckers Grade Punta Gorda FL 33955 Prospective 1,689 Punta Gorda

79 Paradise Isles Hancock Bridge Pkwy & Orange Grove Blvd North Fort Myers FL 33903 Prospective 800 Cape Coral

80 McGregor Blvd and Altamont Avenue Altamont Avenue & McGregor Blvd Fort Myers FL 33901 Prospective 100 Fort Myers - Central

81 Veronica S. Shoemaker 3950 Veronica S. Shoemaker Blvd Fort Myers FL 33916 Prospective 480 Fort Myers - Central

Southwest Florida New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

82 6 Mile Cypress Pkwy & Challenger Blvd 6 Mile Cypress Pkwy & Challenger Blvd Fort Myers FL 33966 Prospective 100 Fort Myers - South

83 Colonial at Metro 10631 Metro Pkwy Fort Myers FL 33966 Prospective 775 Fort Myers - South

84 Colonial Gardens Phase I & II Colonial Blvd & Colonial Gardens Circle Fort Myers FL 33966 Prospective 168 Fort Myers - South

85 Portofino Vineyard Pine Chase Road & Three Oaks Pkwy Fort Myers FL 33967 Prospective 312 Fort Myers - South

86 Coconut Crossings 23281 Lyden Drive Bonita Springs FL 34134 Prospective 631 Estero

87 Downtown Estero 8321 Broadway East Estero FL 33928 Prospective 266 Estero

88 Allura Livingston Road & Veterans Memorial Blvd Naples FL 34110 Prospective 350 North Naples

89 Immokalee Square Catawba Street & Immokalee Road Naples FL 34120 Prospective 100 North Naples

90 Pelican Nursery Redevelopment Collier Blvd & Immokalee Road Urban Estates FL 34119 Prospective 400 North Naples

91 Briarwood Livingston Road & Radio Road Naples FL 34104 Prospective 320 Naples - Central

92 Naples Beach Hotel Redevelopment 851 Gulf Shore Blvd North Naples FL 34102 Prospective 195 Naples - Central

93 Legacy Naples Davis Blvd & Santa Barbara Blvd Naples FL 34112 Prospective 304 Naples - East

94 Ellenton Landings 2803 36th Avenue East Palmetto FL 34221 Prospective 136 Palmetto - Parrish

Total Prospective 19,530

TOTAL SOUTH FLORIDA 41,936

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