July 10, 2015

Pollack Shores Breaks Ground on Viera Luxury Apartment Community

By Cindy Barth, Orlando Business Journal

Pollack Shores Real Estate Group has broken ground on a new 282-unit luxury apartment community in Viera.

The new Marisol at Viera project brings Pollack Shores’ current Florida portfolio to more than 4,400 units with a total capitalization of more than $550 million.

“We are very excited to kick off Marisol at Viera as part of the growing Viera community. We feel that the residents in the area are looking for the convenience of a walkable community, upscale finishes and high-end amenities, all of which can be found here,” said Pollack Shores Managing Director Michael Blair.

Marisol at Viera is scheduled to have the first units available by April 2016, with final completion expected in October 2016. Matrix Residential, the multi-family residential management division of Pollack Shores, will manage the property.

Atlanta-based Pollack Shores’ other recent Florida projects include M North, a 288-unit community under development in Orlando; Steelhouse, a 326-unit community in Orlando that opened in 2013; Noho Flats, a 331-unit urban development in Tampa that is beginning its second phase of development; and Solaris Key, a 426-unit waterfront community in Clearwater.

Read the full article here.