BIRMINGHAM, AL – Dobbins Group, a leading multifamily real estate investment firm, along with premier general contractor, Capstone Building Corp., have officially begun construction on Charleston Ridge Apartments, a multifamily development located in NEW PORT RICHEY, FL. Dobbins Group is the developer for this project and Capstone Building Corp. will serve as the general contractor.
Charleston Ridge Apartments will span 247,000 square feet and feature a mix of residential offerings, including 6 two-bedroom townhomes above 10,000 square feet of commercial space and 4 four-story apartment buildings with 224 units. The apartment units, accessible by elevator, will consist of one-, two-, and three-bedroom options.
“Charleston Ridge Apartments represents our continued commitment to thoughtful growth in high-demand markets across the Southeast,” states Eric Morrison, VP of Development of Dobbins Group. “New Port Richey is an exciting area of west Pasco County featuring measurable job growth, and we’re proud to deliver a development that combines quality construction, design, and long-term value for both residents and the surrounding area.”
Residences will showcase quartz countertops, walk-in closets in every bedroom, smart locks, stainless steel appliances, and glass walk-in shower enclosures. Community amenities include a clubhouse with a fitness center, clubroom, lounge, tenant market, 2,700-square-foot pool, more than twelve electric vehicle charging stations, smart vehicular and pedestrian access controls, and community wide WiFi with Gig speeds, providing convenient and modern living at every turn.
“This project reflects our commitment to delivering high-quality multifamily communities through strong partnerships,” states Josh Barnett, Vice President & Project Director at Capstone Building Corp. “We’re proud to support the Dobbins Group in bringing this development to New Port Richey. With well-designed residences and amenity spaces that support modern lifestyles, Charleston Ridge Apartments will offer residents a place that is both comfortable and connected.”
Charleston Ridge Apartments is located at 9949 Elyton Loop, New Port Richey, FL, 34654. Anticipated completion is in 2027.
ABOUT DOBBINS GROUP, LLC: Dobbins Group, LLC, founded in 2010, is a multifamily real estate investment and development firm focused on the Southeastern United States. The firm specializes in the development of mixed-use, suburban, and urban infill communities, as well as the strategic repositioning of existing, underperforming assets. By applying a disciplined, asset-specific approach, Dobbins Group seeks to enhance operational performance and create long-term value across its portfolio. With over 100 years of combined experience, the firm’s principals bring deep market knowledge and a proven execution track record across a broad range of multifamily projects. Dobbins Group is headquartered in Birmingham, Alabama. For more information, please visit www.dobbinsgroup.net
ABOUT CAPSTONE BUILDING CORP: Capstone Building Corp, headquartered in Birmingham, Alabama, is a trailblazing veteran leader in the multifamily housing development industry. Since 1997, Capstone Building Corp. has completed a diverse portfolio of over 130 projects in 22 states – seeing them through design development, pre-construction, construction, and post-construction. With additional offices in Huntsville, Alabama, and Tampa, Florida, Capstone Building Corp. continues to expand its reach while remaining rooted in its core values.
Guided by its purpose to build relationships that matter and deliver value that lasts for its people, clients, and communities, Capstone has established a client-focused approach and a culture of exceeding expectations. Built on unconditional standards of performance, service, and integrity, the company has earned a high rate of repeat business. Its extensive portfolio includes high-end, state-of-the-art designs and mixed-use revitalization developments. For more information on Capstone Building Corp., visit www.CapstoneBuilding.com