COMMERCIALUncategorized

Chapel Terrace Redevelopment

Location: 100 Chapel Drive, Tallahassee, FL 32304

Status: UNDER CONSTRUCTION

Owner: EKT Chapel, LLC (The TREO Group)

Site Plan: Moore Bass Consulting, Inc.

Architect: Humphreys & Partners Architects, LP

Contractor: Culpepper Construction Company

Website: ONLINE

Value of Improvements: $9,681,430.00

ETA: TBD

Description: Proposed for a 5.97 acre site, is the demolition of 114 apartment units containing a total of 189 bedrooms, and the construction of a 227 unit complex that will contain 881 bedrooms for a net gain of 692 apartment units. The project site is zoned UT (university transition) and is within the multi-modal transportation district). The existing structures were originally constructed in 1970. The project site was purchased July 31, 2014 for $5,800,000.00 by a Miami, FL-based entity.

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