Capstone Communities celebrated the official ribbon cutting & Grand Opening of The Cottages at Cypress Cay on Apr. 17.
(Photos provided by Carrie Wildes Photography)
Congratulations go out to Capstone Communities, which celebrated the official Grand Opening and ribbon cutting ceremony for The Cottages at Cypress Cay with the Tampa Bay Chamber of Commerce (TBCC) on Apr. 17.
As we first reported in our July 2023 issue, The Cottages at Cypress Cay is a cottage-style rental community located off Bruce B Downs (BBD) Blvd.
“With 1,400 member companies and more joining every day, Tampa’s economy is growing rapidly,” said Patie Powers, the TBCC’s director of membership. “Innovative housing concepts like The Cottages at Cypress Cay are crucial for companies to recruit new talent and offer unique housing options to the growing workforce.”
With neighborhood amenities including a 24-hour clubhouse, a state-of-the-art fitness center, a resort-style pool, pavilions and grill stations, sidewalks, a dog park and other pedestrian-friendly amenities, The Cottages at Cypress Cay creates a true sense of place for its residents. The Cottages themselves definitely feel more “home-like” than your usual rental communities, with kitchens and even front entrances that are a cut above most apartment units.
“Our team is excited to bring this unique housing option to Tampa renters that builds community you don’t typically find in a traditional apartment setting,” said Amanda Wallis, executive VP of development for Capstone Communities. “Build-for-rent communities are perfect for young professionals, new residents and empty-nesters who may be looking to downsize because they provide the space and privacy of a home with the amenities and convenience of a traditional apartment.”
The community offers a mix of one-, two- and three-bedroom cottages, each with its own private fenced yard, as well as one-bedroom lofts and carriage house units. Homes range from 650 to 1,350 square feet, with wood-grain flooring, in-unit washers and dryers, a “smart home” technology package, 24/7 on-call maintenance and optional enclosed garage parking.
CBI Construction Services (Capstone’s in-house construction entity) is the general contractor for The Cottages at Cypress Cay, and Capstone Properties (Capstone’s in-house management division) is the leasing and property management team.
Capstone Communities is an Alabama-based real estate firm specializing in development, management and construction of student and multifamily housing. In 2017, Capstone expanded to the multifamily sector at the forefront of the build-for-rent movement with the introduction of its conventional cottage-style development program.
Today, with a mission to be an innovative company dedicated to serving people, building community and delivering exceptional experiences that stand the test of time, Capstone’s growing project footprint now stretches across the Southeast with 11 build-for-rent communities open or under construction in Alabama, Georgia, Florida, North Carolina and South Carolina.
For more information about The Cottages at Cypress Cay, visit TheCottagesatCypresscay.com.