Crescent Communities Begins Preleasing Crescent Bayshore

Bayshore Boulevard's Only Apartment Community Features Dramatic Views and Hyde Park Flair

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May 12, 2014, 12:18 ET

TAMPA, Fla., May 12, 2014 /PRNewswire/ -- Crescent Communities is now preleasing Crescent Bayshore, a 367-unit, luxury apartment community set to open in June. The only apartment living option on iconic Bayshore Boulevard, Crescent Bayshore is nestled on the edge of Hyde Park and features stunning views of the bay along with access to the area's best restaurants, shops and recreational and cultural activities.

"Crescent Bayshore blends the natural beauty of the waterfront with the flourishing Hyde Park culture," said Jay Curran, vice president of Crescent's multifamily group. "People who live in this area say they feel as though they're always on vacation, yet they are within walking distance of all of the conveniences that make everyday life a success – the major employment hub of downtown Tampa, grocery stores, retail, restaurants, area parks and biking and running trails."

Located at Bayshore Boulevard and W. Beach Place on waterfront property, Crescent Bayshore is inspired by a Spanish Revival architectural style and includes nearly 600 feet of frontage along the water. The apartment community counts some of Tampa's top amenities among its neighbors, including a variety of great restaurants and exclusive shopping throughout Hyde Park, concerts and sporting events at the nearby Times Forum, area parks such as Curtis Hixon Waterfront Park and downtown's cultural offerings, including the Straz Center and the Museum of Art. Active types will appreciate having front door access to the world's longest continuous sidewalk along Bayshore Boulevard, while Tampa's white-sand beaches are a short drive away. Major employers including Tampa General Hospital and numerous professional services firms are also nearby, with downtown Tampa a short walk across the Hillsborough River.

The community features sophisticated public spaces such as an elegant community club room, expansive outdoor living room adjacent to the pool, upscale pub room and wine lounge with reserved storage as well as resort-level services for urban residents on the go, including a Starbucks® coffee kiosk, state-of-the-art, two-story, club-quality gym and on-site dry cleaning pick-up and delivery.

Other amenities include a sky lounge, three secluded courtyards, a rooftop terrace, resort-style pool and 7,000-square foot pool deck complete with a fire pit lounge, outdoor kitchen, covered dining, bayside cabanas and direct views of the bay.

The one, two- and three-bedroom apartments feature chef-inspired kitchens, granite countertops, stainless steel appliances, washers and dryers, designer lighting packages and spacious walk-in closets. Crescent Bayshore also includes several floor plans with two expansive, wrap-around porches offering residents prime views of the waterfront.

"This is an unbelievably beautiful, urban area, and we valued the opportunity to design and build Bayshore Boulevard's only existing apartment community," Curran said. "We believe the result is a perfect complement to this elegant oasis on the edge of Hyde Park."

To reserve an apartment now or make an appointment, visit www.crescentbayshore.com or call 813-515-6937.

Crescent Bayshore is financed by an equity investment from Crescent Communities, construction financing from Capital One and mezzanine financing from Nationwide Real Estate Investments. Moss & Associates is the general contractor. The project architect is MSA Architects, with interiors designed by Vignette Interiors and landscape architecture by Dix.Hite+Partners. Civil engineering was performed by King Engineering. Crescent Bayshore is professionally managed by Greystar.

About Crescent Communities

Founded in 1969 in Charlotte, Crescent Communities is a diversified real estate investment, development and operating company dedicated to enhancing the quality of life for people through sustainable multifamily, residential and commercial communities and responsible land management. Crescent's portfolio today includes 21 master-planned communities, including its signature Palmetto Bluff, as well as 22 multifamily projects with 6,500 units under construction/lease-up or in planning/pre-development. The company's land management group owns and manages approximately 43,600 acres, including 611 acres zoned for commercial.

SOURCE Crescent Communities