Stoneweg US strives to develop multifamily assets with the goal of enhancing the communities in which they are located, all while delivering above-market returns to our investors. Through detailed research and robust analysis, we identify unique development opportunities in multifamily housing. We then aggressively seek to maintain affordability through maximization of density, reduction in construction costs and utilization of creative financing and/or government programs.
The Stoneweg US development team is committed to implementing environmentally sustainable practices that are practical, achievable, improve our residents’ quality of life and maximize returns for our investors. We continually look to innovate and focus on technologies that reduce waste, energy and water use.
Tuscan Reserve Apartments – Palm Coast, Florida
This 123-unit project consisting of 16 existing units with all horizontal infrastructure in place is scheduled to be completed in early Q1 2021.
Lake Maggiore Apartments – St. Petersburg, Florida
This 274-unit project, which includes a workforce housing component, serves to fill a major void in middle-market housing in the area and is scheduled to break ground Q2 2020.