Trilogy Real Estate Group To Develop $60M Apartment Complex In Valrico

• Trilogy Real Estate Group is planning The Albion, a 325-unit multifamily community at 104 South Mulrennan Road in Valrico, Florida.
• The development will feature six residential buildings on a 13-acre site with more than 420,000 square feet of new construction.
• Construction is expected to be completed in the fourth quarter of 2028, with an estimated development cost of more than $60 million.

What the New Development Will Bring to Valrico

A new apartment community is headed to 104 South Mulrennan Road in Valrico, Florida, as Miami-based Trilogy Real Estate Group moves forward with plans for The Albion. The multifamily development is expected to add 325 rental apartments across six residential buildings on a 13-acre site in Hillsborough County. The project will include a mix of one-, two-, and three-bedroom apartments, with residences averaging approximately 920 square feet. In total, the development will add about 420,000 square feet of new construction, including 403,000 square feet of residential space.

What Amenities Future Residents Can Expect

The Albion is designed to offer a resort-style living experience with amenities that appeal to a wide range of renters. Planned features include a fitness center, golf simulator, resort-style swimming pool, sports courts, and a speakeasy-inspired resident lounge. Additional amenities such as a pet spa and outdoor gathering spaces are expected to create a community-focused environment, reflecting the growing demand for lifestyle-oriented apartment developments throughout the Tampa Bay region.

What This Project Means for the Area

Valrico continues to benefit from residential growth as development expands beyond downtown Tampa into surrounding communities. The Albion represents another major multifamily investment aimed at meeting the area's increasing housing demand while providing modern rental options for residents seeking suburban living with convenient access to employment centers. With an estimated cost of more than $60 million, the project highlights developers' continued confidence in Hillsborough County's long-term population growth and rental market. Construction is scheduled for completion in the fourth quarter of 2028, adding hundreds of new homes to one of the Tampa area's fastest-growing communities.