Fort Lauderdale-based BTI closed a land acquisition with WCI Communities to develop luxury townhomes in Tampa’s Westshore Marina District. The transaction involves a 2.35-acre parcel for $2.5 million initially, with an additional 9.5 acres valued at $12 million planned for early 2018.
WCI intends to construct 35 three-story townhomes on the first phase. The broader master plan encompasses approximately 52 acres designed for mixed-use development.
