Alliance Residential Company Acquires 29 Acres to Build 336-Unit Prose Park View Apartment Community in Tampa, Florida

TAMPA, FL - Alliance Residential Company, one of the largest multifamily developers in the nation, has closed on 29 acres of land located at 10810 E Dr. Martin Luther King Jr. Blvd for the development of Prose Park View. The property, which is being developed in partnership with banker Pinnacle Financial Partners and capital partners PCCP, is among a collection of Prose-branded properties by the company with a focus on providing attainable apartment homes near high growth employment corridors. 

Located in Tampa, the third most populated city in Florida, Prose Park View is near major employers including JP Morgan Chase, Coca Cola, Amazon, and Citi. With the I-75 less than a mile away, the community is within convenient driving distance to lifestyle centers, shopping, healthcare, schools, outdoor recreation and world-class attractions.  

“With its outstanding employment opportunities and a rapidly growing workforce, Tampa offers endless growth possibilities which Alliance is excited to foster through attainable, high-quality apartment housing,” said Alliance Residential Company Managing Director, Bobby Anderson. “Its convenient location near major freeways and employers positions Prose Park View to serve as a hub facilitating this growth.”    

The 336-unit Prose Park View is designed with one- and two-bedroom apartment home options ranging from 697 to 1,174 square feet. Each unit will feature 2cm granite countertops in kitchen areas, stainless appliances, washer & dryer, 36-inch cabinets, 9-foot ceilings, 6-foot 8-inch doors, and vinyl plank flooring throughout.  

Community amenities will include a resident clubroom with catering kitchen and entertainment lounge, a business center with dedicated co-working spaces, parcel pending concierge package system, a resort style pool with sun shelf seating, fitness center, onsite dog park, and Wi-Fi throughout social spaces.  

Alliance currently has a total of five properties in lease up or under construction in Central Florida, with another three scheduled to break ground in 2022. The 336-unit apartment community is scheduled to welcome its first residents in Q4 of 2023. 

About Prose: Prose is the nation’s first multifamily residential concept composed of entry-level Class A homes in rapidly expanding job corridors and lighter density communities. Dedicated to professionals seeking the convenience of residing close to major new employment centers, Prose tells the story of how sophistication meets quality of life and value. Prose is the newest brand from Alliance Residential Company, one of the largest and most active rental residential real estate developers in the United States. For more information, visit www.allresco.com  

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