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Our third multi-family project in Florida is being built on the Space Coast on Merritt Island - a modern residential complex spanning five four-storey buildings. Surrounded by spacious green areas, the 296 apartments spread over a total of around 26,600 sqm of living space offer the highest level of comfort and are equipped with high-quality furnishings and private balconies. Residents have various amenities at their disposal, including a swimming pool, a fitness center and a clubhouse.

Merritt Island, about 50 miles east of Orlando, benefits from a dynamic economy with many local businesses, the aerospace industry and the Port Canaveral port. The property on Fortenberry Road is located directly next to Veteran's Memorial Park and is characterized by good access to important facilities. Nearby is the Merritt Square Mall as well as the popular Cocoa Village and Cocoa Beach neighborhoods, which offer a variety of restaurants, shopping and recreational opportunities.

Key Facts

Residential area

ca. 26,600 sqm

Number of apartments

296

Total investment costs

ca. € 83 million 

Start of construction:

June 2025

Completion

2027

Architect

MSA Architects

Contractor

Carter & Carter

Joint Venture Partner

Woodfield Development

Highlights

Clubhouse, Swimming Pool, Dog Run, Fitness Center

Certification

NGBS bronze (aimed for) 

 

Impressions

Milestones

  1. Land acquisition

    May 2025

  2. Building permit

    July 2025

  3. Start of construction

    June 2025

  4. Completion

    2027

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