Global real estate firm Trammell Crow Residential is nearing completion of a new 240-unit luxury apartment community in Largo.
Caspia is being constructed on a 9.5-acre property at 705 Redbud Lane near the corner of 8th Avenue SE and Donegan Road.
The community, which is expected to launch preleasing soon, will contain a mix of affordable and market rate housing.
40% of the units will be reserved for households earning at or below 120% of the area median income (AMI), or roughly $68,400 annually in the City of Largo, while the remaining apartments will be rented at market rates.
Groundbreaking on the development began in 2024. Construction is now nearing completion.