Miami developer: High demand for apartments leads to luxury complex in Pasco

Miami developer Mast Capital to build a 248-unit complex in Wesley Chapel

By Louis Llovio
| 12:30 p.m. December 14, 2021
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Tampa Bay-Lakeland

WESLEY CHAPEL — A Miami developer is looking to transform 16 acres in Pasco County into a 248-unit luxury apartment community.

Mast Capital, a real estate and development firm, bought the property along with the Boston-based private equity firm Rockpoint Group and will develop it together. The property, at 5101 Bruce B. Downs Blvd. in Wesley Chapel, sold for $4.5 million according to Pasco property records.