Developer buys 22 acres in Port Charlotte, building 333 apartments

LIV Development out of Alabama bought the property and plans to begin construction on the complex this month.

  • By Louis Llovio
  • | 5:45 p.m. February 15, 2024
  • | 0 Free Articles Remaining!
An Alabama developer plans to build 333 apartments on a 22-acre parcel in Port Charlotte.
An Alabama developer plans to build 333 apartments on a 22-acre parcel in Port Charlotte.
Image courtesy of SVN Commercial Advisory Group
  • Charlotte–Lee–Collier
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A 22-acre parcel in Port Charlotte has sold and apartments will be built on the site.

The property is at U.S. 41 and Cranberry Road, between a RaceTrac gas station and Kia of Port Charlotte.

LIV Development, an Alabama developer specializing in building multifamily communities, paid $8.4 million for the site. 

 

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