Tuesday, June 19, 2007
Coming soon to Southwood
This week we had the opportunity to meet with representatives of a developer to discuss some exciting projects on the way over in the Panama City area when I got the opportunity to see some of the initial concept elevations for a new development proposal to take place in Southwood. If this goes as planned, now will be the time to get into Southwood before the general public gets wind, excitement revitalizes and market prices begin to go back up again. If you're not familiar with Broad Street Partners visit the link and check them out yourself. This proposed plan will cover over (approximate figures) 19.48 acres and consist of 35,000 sf of retail (30,000 sf along Merchants Row and 5,000 sf for a restaurant on the lake). On top of that they are projecting around 24 residential units over retail, 171 townhomes and 188 new luxury apartments. The initial sketches I saw look nice but nothing is finalized and things could change however judging by the amount of projects in the surrounding area between Broad Street Partners and St Joe this would be exciting not only for current residents in Southwood but Tallahassee as a whole.
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