Construction to begin on first community in master-planned development

Aqua One Builders recently closed a $12 million builder line of credit to help finance the construction of homes in Bradenton’s Aqua by the Bay development.

By Business Observer Staff
| 2:37 p.m. November 9, 2020
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Courtesy. The credit line will allow Medallion Home to build the developmentâ€™s first community, a gated residential neighborhood called Aqua that will include 104 upscale single-family homes.

Manatee-Sarasota

BRADENTON — Aqua by the Bay, a master-planned community in west Bradenton, has announced plans to begin building the first section of homes in the development.

Aqua by the Bay's debut community, in a gated residential neighborhood named Aqua, will include 104 upscale single-family homes, according to a press release. The builder, Bradenton-based Medallion Home, through Aqua One Builders LLC, recently closed on a $12 million line of credit with American Momentum Bank to help finance construction of the homes, the release adds.