A 150-acre site, in Wesley Chapel, is set to become the region’s next major mixed-use development, following a $5.5 million acquisition loan from Miami-based Linkvest Capital.
GPI Tampa, an entity of GPI Real Estate Group led by developer Roy Abrams, acquired the land, three contiguous parcels, at 9247 Kenton Road, for roughly $4.98 million.
The project represents most of a 168-acre master-planned community that will include 890 residential units, a mix of multifamily and single-family housing, along with 104,000 square feet of commercial space. About $2.2 million of the loan is earmarked for predevelopment work.
Vertical construction on the multifamily and commercial portions is expected to begin by late 2025 or early 2026, with full buildout anticipated by the end of 2026.
