Vista Residential Partners Plans 268-Unit Multifamily Development Along Hillsborough River in Tampa

TAMPA, Fla. — Vista Residential Partners, an Atlanta-based multifamily developer, has announced plans to develop River Vista, a 268-unit market-rate residential community situated on a 16.9-acre infill site along the Hillsborough River in eastern Tampa, Florida. The announcement, made Feb. 18, 2026, comes with zoning and site plan approvals already in place and a $19 million mezzanine loan secured to support the project's capitalization.

The development is located at 4504 Clewis Ave. in Hillsborough County and will span approximately 265,096 net rentable square feet across ten buildings. Additional details regarding building height, unit mix, and unit specifications were not disclosed in the announcement.

Site Location and Connectivity

The elevated site overlooks the Hillsborough River along its western boundary and is positioned within close proximity to several of the region's primary transportation corridors, including SR-301, SR-41, I-4, and I-75. The project sits approximately 1.25 miles from I-75 and within 1.5 miles of multiple major transit routes, providing regional access throughout the Tampa Bay area.

According to Vista Residential Partners, River Vista's location allows for direct connectivity to downtown Tampa within approximately ten minutes and offers access to major employment centers across Central Florida, including Orlando, St. Petersburg, and Sarasota. The site is also located near destination entertainment venues such as the Florida State Fairgrounds and the Hard Rock Hotel and Casino, as well as a concentration of regional employers and higher education institutions.

"The expansive grounds are a short drive from everything in Tampa Bay while also offering a retreat from the busy day-to-day with waterfront wooded preserves and real connection to nature," said Beck Daniel, Managing Director at Vista Residential Partners. "We are positioned to become a vibrant addition to this growing community."

Project Amenities and Design

River Vista's site plan incorporates a 3.7-acre park featuring oak hammocks, walking trails, a dog park, and boardwalk overlooks of the Hillsborough River.

"River Vista gives us the opportunity to thoughtfully reinvest in a growing part of Tampa and bring new housing to a region that has been underserved for years," Daniel said.

Scott Henley, CEO of Vista Residential Partners, described the project's development philosophy in the announcement. "This project reflects how we approach development, with respect for the site, the neighborhood, and the people who will live there," Henley said. "River Vista is designed to contribute to the long-term health and growth of the area, not just today but for years to come."

Financing and Development Status

The project's $19 million mezzanine loan was arranged by JLL, with Brian Gaswirth and Michael Romero leading the capital markets assignment. Crow Holdings served as the mezzanine lender. The full loan stack and total project capitalization were not disclosed.

With zoning and site plan approvals secured, Vista Residential Partners described the project as having a streamlined path toward construction. No construction start date or project completion timeline was announced. The firm has not disclosed target rents or projected occupancy figures.

Firm Background

Vista Residential Partners is an Atlanta-based multifamily developer. Additional details regarding the firm's rankings, portfolio of completed projects, or other developments were not included in the announcement.

River Vista's proximity to the employment base in hospitality, healthcare, education, and corporate sectors — along with its waterfront positioning — is central to Vista's stated rationale for the site selection. The project integrates natural site features with market-rate multifamily programming in a submarket the firm identified as having unmet housing demand.