Keiser University's Pinellas County campus could become a 355-unit apartment community
/Keiser University's Clearwater campus could be redeveloped into an apartment community under a proposal currently being reviewed by the City of Largo.
North Carolina-based Aventon Companies has submitted a preliminary site plan application to the city to redevelop the approximately 12-acre property at 16120 U.S. Highway 19 North into a 355-unit apartment community.
The property, which is under contract with Aventon, is owned by Clearwater-based Crown Pointe on 19 LLC, an entity controlled by Colliers Executive Vice President John Gerlach.
Whether the project ultimately moves forward, however, remains uncertain due to ongoing litigation between the university and its landlord.
According to a lawsuit filed June 10th in Pinellas County Circuit Court, Keiser alleges Crown Pointe improperly terminated its lease in an effort to facilitate the sale or redevelopment of the property. The university is seeking to preserve its lease rights while the case proceeds.
Read More









