Watermark Residential announced the acquisition of 17.5 acres of land in Port St. Lucie for their latest built-for-rent community, Boardwalk at Tradition. Boardwalk will be a luxury, leased residential community featuring 214 one- and two-story paired villa-style homes. The expected completion date is December 2022.
"Multifamily development has not kept pace with the booming population and job growth in the Port St. Lucie area resulting in a significant shortfall," said Brian Southworth, senior vice president for Watermark Residential. "We look forward to commencing construction and helping fill the need with our luxury leased housing that spans the gap between multi-story apartments and for-rent single-family homes."
Boardwalk at Tradition is located at the southeast corner of SW Stockton Place and SW Community Blvd. in the Tradition master-planned community and will offer a mix of one-, two- and three-bedroom layouts that average 1,100 square feet. Watermark prides i
