Madison Communities Breaks Ground on 292-Unit Madison Grove Luxury Apartments and Carriage Homes in Rockledge, Florida

CHARLOTTE, NC - Madison Communities, a subsidiary of Madison Capital Group, announced today that construction has begun on Madison Grove, a 292-unit community in Rockledge, Florida that will feature luxury apartments and carriage homes. Ryan Hanks, CEO of Madison Capital Group, made the announcement. 

The new community, located on Rockledge Boulevard, will serve Florida’s Space Coast, a growing region of the Sunshine State known for its vibrant aerospace, engineering and defense industries. Madison Grove’s 292 units will be divided among six, four-story apartment buildings and carriage homes.

“We remain very active throughout Florida, with five additional communities under construction and a full pipeline across the state, as well as along the East Coast,” said Ryan Hanks, CEO of Madison Capital Group. “We believe the Sunbelt markets—especially Florida—are poised for long term population growth, leading us to build impressive communities that the state’s residents can be proud to call home." 

Future residents will enjoy amenities designed to improve their lives, including luxury unit finishes, an integrated clubhouse with a fitness center, and an outdoor lounge with a summer kitchen. Madison Grove will also offer a resort-style pool and pool deck with grilling stations, recreation areas and cabanas. 

Madison Communities recently acquired sites throughout Florida, including Bonita Springs, Ruskin, Bradenton, Orlando, St. Augustine, Palm Coast and Jacksonville. Additionally, new communities are under construction in Charlotte, Nashville, Raleigh, Richmond And Atlanta. 

About Madison Capital, LLC: Madison Capital Group is a vertically integrated real estate investment firm that owns, operates, acquires and develops suburban multifamily properties and self storage facilities. Madison is active in 13 states and is focused on expanding its footprint throughout the Sunbelt. Currently, Madison has over 5,000 apartment units under development or in planning and owns more than 90 self storage assets under the Go Store It banner. For more information on Madison, please visit


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