[Tierra Verde, FL] Sunset Pointe at Collany Key will celebrate the groundbreaking for the first of four luxury condominium buildings on Thursday, March 24 from 5–8 pm, with the Groundbreaking Ceremony at 6pm.
“Even though this is a groundbreaking event, our future homeowners and prospects will be stunned to see the construction progress so far,” states J. Mark Stroud, Manager of Collany Key Development I, LLC, the projects’ developer. “This is, without question, the most desirable parcel of waterfront real estate on the entire west coast of Florida” said Stroud. “This long awaited project represents the first new community on the island in over twelve years, and we look forward to being a member of the Tierra Verde Community”.
Ed Medley, owner and broker for Equity Consultants, Inc., who handles sales for the developer states “Sales and interest have been strong with over 60% of the project sold to date.” Medley notes that there are still several very well-priced waterfront units available, but they won’t last long!”
Dignitaries attending the groundbreaking include County Commissioner John Morroni, Tampa Bay Watch President Peter Clark, Tierra Verde Business Partnership President Hunter Grose and Beach Chamber of Commerce CEO Robin Sollie among others.
The groundbreaking will take place near the white sand beach with island music, cocktails, heavy hors d’oeuvres and a tropical sunset making for a picture perfect media opportunity.
About Sunset Pointe at Collany Key
Sunset Pointe at Collany Key is a luxury waterfront condominium project located at 650 Collany Road, Tierra Verde, Florida. The first 30-unit building will be five stories over parking with units ranging in size from 2,721 to 2,939 square feet. Each unit will include three bedrooms, three and one half baths and will be located directly on the Gulf of Mexico with beach access. The units range in price from the low $900,000s – $1,350,000. When completed, the project will include a total of 136 residential units. Collany Key is connected to the Shell Key Wildlife Preserve, owned and maintained by Pinellas County. The gated community will feature a waterfront resort-style heated pool and spa area, fitness room, outdoor kitchen and gathering area, sunset pavilion, kayak launch and a meticulously landscaped nature trail surrounding the property.
Curts Gains Hall Jones of Tampa is the architect of record and KAST is the contractor for the development.
About Collany Key Development
Collany Key Development I, LLC was established specifically for the purpose of developing this project. J. Mark Stroud, Developer of Collany Key, has 30+ years of experience in the commercial real estate industry, which includes experience in the development of office, retail and condominium projects in the Tampa Bay area. Mr Stroud, as an officer of McNulty Properties, LLC, developed the successful McNulty Lofts, an 85-unit condominium project in downtown St. Petersburg. The island is owned by Colony Key, LLC established by a local investment group for the purpose of acquiring the property. All of the investors are local and have a vested interest in the quality development of this asset.