The Altman Companies Breaks Ground on 314-Unit Altís Grand Central Apartments in Tampa, Florida

TAMPA, FL – The Altman Companies, a nationally recognized developer of exceptional rental apartment communities, together with Mattoni Group, a Miami-based investment real estate firm,  has broken ground on Altís Grand Central, a pedestrian-friendly residential development at the epicenter of Tampa’s rich history and modern-day renaissance.

The eight-story towers will rise just south of the University of Tampa and north of Tampa General Hospital in an area that has become home to a collection of sophisticated dining, shopping and entertainment venues.

Altís Grand Central sits across the street from Oxford Exchange, a mixed-use property whose original walls date back to 1891. Today, it houses food and goods retailers, and the Commerce Club, a shared-work environment. Specialty shops cover the ground floor with offices above.

“Residents of Altís Grand Central will be part of the Grand Central District, the most unique and vibrant neighborhood in Tampa,” said Joel Altman, chairman of The Altman Companies. “They will be a part of Tampa’s cosmopolitan experiences just steps from work or a brief walk or bus-ride to downtown at two of the city’s finest institutions.”

“We are excited to work together with The Altman Companies in the development of Altis Grand Central and expand our Tampa portfolio,” said Ricardo Caporal, founder and president of Mattoni Group.

Residents of the 314 apartment homes will experience panoramic views of downtown and Tampa Bay from the rooftop sky lounge and pool. When relaxing, residents will enjoy Class-A amenities including a luxe sun deck, his-and-her spa, a Zen garden, fire pit, a barbecue area, a high-tech dog park and a dog spa for pet owners. The clubroom will be equipped with a gaming area with a pinball machine, PlayStation units, a pool table and a chic bowling lounge. 

To support a healthy lifestyle, Altís Grand Central will have an oversized fitness area, studios for yoga, Fitness On-Demand and spinning classes.  The community will also offer bicycles enthusiasts an air-conditioned storage room with repair stations on the ground floor.

In keeping with Grand Central District’s walkable environment, the towers will have shopping and dining on the ground floor.

The Altman Companies are offering well-appointed studio, one-, two- and three-bedroom apartment homes with floor plans that range from 619 to 1,380 square feet. The majority of the apartment homes will be equipped with balconies.  Residences on the ground floor will enjoy a fenced, gated backyard. The buildings and apartments are designed with sustainability in mind.

In addition to Grand Central, The Altman Companies have been developing in the Tampa area since 1974. A few of the more recent developments are Altís at Highland Park, Altís at Grand Cypress, Altís Wiregrass Ranch, and starting next month, Altís Promenade.

The towers will face Grand Central Avenue between Cedar and Magnolia streets. The first move-ins are scheduled for early 2019.

About The Altman Companies: Since 1968, The Altman Companies has developed, constructed, acquired and managed in excess of 24,000 multifamily units in Florida, Michigan, Illinois, Tennessee, Georgia, Texas and North Carolina. Known for its development of exceptional quality rental apartment communities, the company has been a leader in the rental apartment field for 50 years as of Jan 8, 2018.

About Mattoni Group (MG): Mattoni Group is a forward-thinking,  real estate investment and management firm headquartered in Miami with a growing portfolio of residential and commercial properties across the region and more than two decades of combined experience in the real estate industry – including property acquisition, construction, management and financial analysis.

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