Gobea Capital and Sight Real Estate Announce North Hyde Park Townhome Project

Gobea Capital leaps into chic real estate development with Las Azoteas North Hyde Park Townhome Project. End Quote

Tampa-St. Petersburg-Clearwater, FL (1888PressRelease) October 03, 2015 - Sight Real Estate, a vision-oriented development company, has teamed up with Gobea Capital in developing a multi-family vacant land site in dynamic North Hyde Park, with plans to develop Las Azoteas, a chic, contemporary townhome community.

Husband and wife Renier and Michele Gobea both were drawn to do business in North Hyde Park along Kennedy Boulevard. Michelle Gobea inaugurated Soho Cycling in 2009 as one of the pioneering new businesses that has sparked encouraging change in North Hyde Park and Renier later invested in Ducky's Sports Bar along with The Hydeout Lounge just south on Platt Ave.. Originally, Renier and Michelle were attracted to the area because of its convenience and the traffic count along Kennedy Blvd., but after spending time in the community Renier saw its potential and decided to make a larger investment in the neighborhood.

"Soho Cycling, Ducky's and others like Buddy Brew attract the type of dynamic demographic that seeks an urban lifestyle," said Renier Gobea. "Multiple people have told me they would love to live in North Hyde Park because of the convenience and affordability, but none of them can seem to find anything contemporary to buy. Our target buyer is the chic urban dweller and that is how we designed the project"

While there has been a lot of new residential development in North Hyde Park, the growth consists of communities with an overwhelming 200+ apartments that contain much smaller units and a lot more density. Las Azoteas is a boutique project that will encourage home ownership and long-term investment in the neighborhood. The project is designed as a front-door community with rear-load garages, so homeowners can walk right out their front door and enjoy the urban amenities.

"We're excited to be part of the North Hyde Park revitalization," said Michael Mincberg founder of Sight Real Estate. "While this area is close to downtown, it has been predominately industrial in the past. We are in the midst of an urban renaissance, and even though the design is something you're more likely to find in a larger city like Miami or Atlanta, the modern elevation, finishings and rooftop terraces are going to be the exclusive elements that separate this project from the rest in the market."

The development group is currently going through the re-zoning and planning process, with construction starting mid-2016. The name Las Azoteas directly translates to "The Rooftops" in Spanish; a designation that was given to the project because each unit has their own rooftop terrace many of which will have skyline views.

"There is a vibrant energy in the North Hyde Park area that draws in dynamic people," said Renier Gobea, Owner of Gobea Capital. "We are so excited to be part of that community!"

Gobea Capital: Gobea Capital is a family investment company based in Tampa that prides itself in being entrenched in the local economy and spotting grassroots opportunities.

Sight Real Estate: The mission of Sight Real Estate is to provide hands-off exceptional real estate investments. Through its experience in real estate, Sight Real Estate has the vision to see opportunity where others don't, and the tools to turn visions into profitable investments. Visit www.SightRealEstate.com.

Hype Group: Hype Group is a full-service marketing, advertising and PR agency. Visit www.hypegroup.net.

Editors: For details, or to schedule an interview contact Brooke Boyd at brooke ( @ ) hypegroup dot net or 727.623.9085.

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