Santa Rosa Beach, Fla. (August 1, 2016) – Bill Pope, developer and owner of W Development Inc., announces construction has begun on Point Washington Apartments, a new $44 million multifamily development consisting of luxury apartments, coming to Santa Rosa Beach, Florida, in Fall of 2017.
The 11 building, three-story, garden style apartments and clubhouse are being developed by W Development Inc. and built by Moss Construction. The 264 units will be split equally into one bedroom/one bathroom and two bedroom/two bathroom units. Square footage will range from 715 sq. ft. to 1,075 sq. ft. A studio efficiency unit will be offered for both floor plans.
The gated, 31-acre development with commercial frontage will be located on US Highway 331, .25 miles south of the Choctawhatchee Bay in the southern coastal area of Walton County. The property is adjacent to 15,407 acres of protected Point Washington State Forest.
“The growing South Walton area has been in demand of long-term luxury rentals,” said Bill Pope. “This location will provide a waterfront lifestyle within close proximity of Highway 98 and Scenic Highway 30A.”
Point Washington Apartments is the first and only site in Walton County to gain approval for beach to bay access. Bordered by Bowman Bayou, the development will have kayak docking facilities, fishing boardwalks, outdoor grills and a boardwalk nature trail leading into the state park will be provided for residents. Additional amenities include a clubhouse/community center, fitness center with cardio equipment, weights and private rooms for classes, cyber café and coffee bar, swimming pool with Jacuzzi spa, children’s playground and dog park.
Units will be available Fall 2017. Rental prices will range from the low to mid $1,000s. Units are not for sale. Specific pricing and unit pre-leasing will be available spring 2017 on the property management’s site https://pinnacleliving.com/ or by calling W Development at 850.654.6522.
About W Companies
W Companies was formed in 1990 by William Pope Sr. and William Pope Jr. Through integration of experience and specialized skill the umbrella company now includes W Architects, W Development and W Capital; bringing more than 60 years of combined experience in real estate development. W Companies is located at 4100 Legendary Drive, Suite 240, Destin, Florida, 32541. To find out more please visit http://www.thewcompanies.com/ or call (850) 865-1101.
Press release per
Proffitt PR
Chelsea Blaich
(850) 460-777