TAMPA, FLA. — CP Capital has sold NOVEL Independence Park, a 277-unit apartment community situated within Independence Park, a 44-acre mixed-use project in Tampa’s Westshore Business District. The buyer and sales price were not disclosed.
Completed in 2024, the apartment complex consists of three five-story buildings that offer studio to three-bedroom floorplans. Amenities include a fitness center, resort-style saltwater swimming pool, sky deck, pickleball court, coworking space and a dog park.
NOVEL Independence Park was developed as a joint venture between CP Capital and Charlotte-based Crescent Communities. Additionally, CP Capital has eight properties in active lease-up in Southeast markets such as Atlanta, Charleston, Nashville, Orlando and Washington, D.C.