Ryan Companies, a national commercial real estate developer, today announces that Renata at Lakewood Ranch, a new 650,000-square-foot multifamily development located just outside of Tampa in Bradenton, Florida, is now leasing. The community, which is part of the 33,000-acre master-planned Lakewood Ranch development, will feature 502 multifamily units.
Renata at Lakewood Ranch’s first buildings will be delivered in December 2023, along with the community’s clubhouse. Additional buildings in the multifamily community will open in the following months, culminating with the entire community opening in July 2024. The overall Lakewood Ranch project is being developed alongside Ryan’s joint venture partners PGIM Real Estate and ParkSprings Development.
“With the addition of new residential units at Renata, Ryan is addressing outsized demand for new housing options in the fast-growing Tampa Bay market, and we’re excited to welcome our first residents soon,” said J.P. Bacariza, senior vice president and market leader at Ryan Companies. “As we near completion of our Lakewood Ranch community and expand our multifamily portfolio in this region, we hope to fuel economic growth by generating new jobs and support for local businesses while also creating an elevated quality of life for residents and locals alike.”
Renata at Lakewood Ranch is Ryan’s largest project in Florida thus far, with upscale residential units and amenities that include a resort-style pool, fitness facilities and a private lakeside beach. The Renata community is also rich in natural surroundings, offering residents scenic views of lakes, wetland areas and access to the Lakewood Ranch trail network. Its proximity to Lakewood Ranch Preparatory Academy and on-site office buildings highlight the community’s family appeal.
“Despite some of the challenges levied by the pandemic, Ryan, Park Springs Development and PGIM Real Estate were able to successfully navigate an evolving real estate landscape to bring much-needed housing to market,” said Nat Linden, vice president of development at Ryan Companies. “Renata’s impact will be multifaceted and will propel the overall growth of the Lakewood Ranch community.”
In addition to Renata, Ryan’s projects at Lakewood Ranch include Grand Living at Lakewood Ranch and Lakewood Ranch Preparatory Academy. Ryan’s Tampa-based team has built more than 5.3 million square feet of product throughout the Tampa Bay region, across sectors including alternative energy, education, healthcare, industrial, multifamily, retail and senior living.
For more information about leasing, please visit renatalakewoodranch.com.
About Ryan Companies
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager with a focus on creating places for people to thrive. Ryan’s work spans a wide range of sectors and product types including healthcare, hospitality, industrial, mixed-use, multifamily, office, retail, and senior living. Built on the foundation of integrity, honesty and community, Ryan has grown to more than 2,000 team members in 17 offices and has completed projects in nearly every state. For more information, visit ryancompanies.com.
ABOUT PGIM REAL ESTATE
With $210 billion in gross assets under management and administration ($133 billion),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 35 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.
