The NRP Group Breaks Ground on 312-Unit Luxury Apartment Community Within Florida's Premier Tradition Master Plan

PORT ST. LUCIE, Fla.--(BUSINESS WIRE)--Aug 10, 2026--

The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the groundbreaking of its newest luxury apartment community, a 312-unit amenity-rich development within the award-winning 10,000-acre Tradition master-planned community in Port St. Lucie. Designed to deliver an elevated residential experience, the community will combine upscale apartment homes, resort-style amenities and premier access to one of Florida's fastest-growing employment and lifestyle destinations.

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This marks The NRP Group's second development closing in Florida this year and continues the firm's strategic expansion across one of the nation's fastest-growing regions.

"This project represents an exciting milestone for our growing presence in Florida and reflects our commitment to creating places where residents can thrive," said Brett Gelsomino, Senior Vice President of Development at The NRP Group. "From its coastal contemporary architecture to its expansive amenity package and walkable setting within Tradition, every aspect of this development is aimed at creating an elevated living experience for today's renters."

"When evaluating new development opportunities, we look for locations where strong population growth, employment expansion and community investment are creating lasting demand," said Ken Outcalt, Principal and President of Development at The NRP Group. "Tradition embodies all of those qualities. We're excited to bring a highly amenitized, thoughtfully designed community to this thriving market and create housing that matches the caliber of the surrounding neighborhood."

Situated on approximately 18 acres, the development consists of 10, 3-story buildings offering a mix of one-, two- and three-bedroom apartment homes ranging from approximately 720 to 1,300 square feet. Every residence will include either a private balcony or a fenced ground-floor yard, providing residents with thoughtfully designed indoor and outdoor living spaces.

Located at 13661 SW Village Parkway in western St. Lucie County, the development benefits from direct access to Interstate 95 and Florida's Turnpike, connecting residents throughout the Treasure Coast and into Palm Beach County. The community is surrounded by a growing collection of upscale retail destinations, popular dining concepts and single-family neighborhoods. It sits adjacent to major employment centers, including Amazon's regional distribution facility, Costco's distribution center and Cheney Brothers' food distribution campus. Nearby educational institutions and healthcare providers further strengthen the area's appeal for families and working professionals.

Designed by Group 4 Architecture, the community embraces a refined coastal contemporary aesthetic, blending sophisticated architecture with bright, modern interiors inspired by Florida's tropical landscape. High-end finishes, expansive gathering spaces and thoughtfully integrated indoor-outdoor environments are designed to deliver a premium residential experience.

Residents will enjoy a best-in-class amenity package centered on wellness, convenience and social connection. Amenities include a state-of-the-art, 24-hour fitness center with both strength and cardio equipment, a resort-style swimming pool, coworking suites and dedicated work-from-home offices, a multipurpose resident lounge with a full kitchen, package concierge and storage facilities, outdoor grilling areas, as well as landscaped courtyards and gathering spaces. A walking trail surrounding the community's on-site lake will provide additional opportunities for recreation and relaxation.

Development partners include M&T Bank, which provided construction financing.

Florida remains a key growth market for The NRP Group as migration patterns, employment growth and continued population gains drive demand for sustainable multifamily housing throughout the state. NRP recently broke ground on a new 88-unit, deeply affordable housing community, Alora Lofts, in Kissimmee this year. This community provides critical housing for families earning between 30% and 70% of the Area Median Income in the Orlando metropolitan area.

The NRP Group has developed more than 68,000 apartment homes nationwide and currently manages over 33,000 residential units across the U.S. NRP has built more than 6,300 apartment homes in Florida, and currently owns and manages over 1,700 units statewide.

Construction of NRP’s 312-unit community in Tradition is currently underway, with completion scheduled for summer 2028.

About The NRP Group

The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 68,000 apartment homes and currently manages over 33,000 residential units.

Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provide the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market-rate, affordable, mixed-income, and senior housing.

The NRP Group has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and is a five-time recipient of NAHB’s Best Multifamily Development Firm of the Year award. The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market-rate housing at a national scale. Based on over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.

Tradition (Credit: NRP Group)

BOGOTA, Colombia (AP) — A powerful 7.4 magnitude earthquake struck western Colombia on Monday, killing at least 47 people, trapping residents under debris of collapsed buildings and forcing people to evacuate their homes as far as the capital of Bogotá.

The epicenter was in San Jose Del Palmar, a community of about 4,800 people in the Choco region about 250 miles (400 kilometers) west of Bogota, the U.S. Geological Survey and Colombia’s counterpart reported. The USGS said it struck at a depth of 66 miles (107 kilometers). The quake also was felt in neighboring Ecuador and Panama, though minimal damage was reported there.

Local officials confirmed that at least 18 people had been killed in the city of Pereira, two in the city of Manizales, and 27 people in the Valle del Cauca department, where Colombia's third-biggest city, Cali, is located. At least three killed in Valle del Cauca were children, the governor reported.

The quake left cities across the west of the country — Pereira, Quibdo, Cali and Manizales — ravaged. A mix of residents and search teams picked through the rubble of collapsed buildings amid concerns by authorities of aftershocks. Colombia's interior minister said more than 20 municipalities across the country had been hit.

Jorge Moncayo, a 64-year-old taxi driver in Cali, said he saw plumes of dust shoot up across the city from his home in hills of the city as buildings collapsed. Residents in the city and rescue workers were searching the rubble for survivors.

“My entire house shook. I've never lived through such a powerful earthquake," he said. “We're thanking god we're alive.”

Colombia's Geological Service said Monday that it had been “the highest magnitude earthquake registered in Colombia in the last decade” and that it had been followed by two 2.8 and 4.8 magnitude aftershocks. Authorities also reported that flights were suspended in the airports of Manizales, Quibdo, Armenia, Cartago y Buenaventura and Pereira.

The earthquakes left many in the Andean nation unnerved after two back-to-back quakes devastated neighboring Venezuela in late June, destroyed hundreds of buildings and killed more than 5,000 people. At the same time the quake brought down buildings in Colombia, desperate families in Venezuela continued to search the ruins for the bodies of their loved ones.

In Pereira, photos and videos published by local media showed pieces of the airport ceiling falling down on travelers taking shelter and screaming, and people running through rubble in a panic.

Pereira's mayor, Mauricio Salazar, told a local radio station that at least 18 people had died and that many more were trapped under “a massive quantity of collapsed buildings.”

In nearby Manizales, a city nestled in the coffee-producing mountains of Colombia, one of the towers of the neo-Gothic cathedral collapsed and fell on the nave. Jorge Eduardo Rojas, the mayor of Manizales said two people had died in the city “because of the quake” and asked residents to stay outside in case of aftershocks.

Authorities in the rural state of Choco, the epicenter of the quake, reported injured people and damaged buildings in the capital, but provided few details.

In Cali, a city 2 million people, Mayor Alejandro Eder said that residents were trapped in at least 19 buildings that had collapsed.

Small earthquakes, known as “temblores,” are common in central and western Colombia, but those above 6.0 magnitude are rare. In 1999, a 6.2 magnitude quake near the city of Armenia, killed more than 1,100 people.

Colombia’s newly inaugurated President Abelardo de la Espriella said Monday that he had personally taken charge of the government’s response to the emergency in San José del Palmar following the earthquake that struck the country.

“You are not alone. The state is present and taking action,” he said.

——

Janetsky reported from Mexico City.

Patients are evacuated from a hospital after an earthquake struck Cali, Colombia, Monday, Aug. 10, 2026. (AP Photo/Santiago Saldarriaga)

Residents stand outside the Cathedral of Manizales after it was damaged by an earthquake in Manizales, Colombia, Monday, Aug. 10, 2026.(AP Photo/John Jairo Bonilla)

Residents and rescue workers search through the rubble of a collapsed building after an earthquake struck Cali, Colombia, Monday, Aug. 10, 2026. (AP Photo/Santiago Saldarriaga)

Residents and rescue workers search through the rubble of a collapsed building after an earthquake struck Cali, Colombia, Monday, Aug. 10, 2026. (AP Photo/Santiago Saldarriaga)

Residents and rescue workers search through the rubble of a collapsed building after an earthquake struck Cali, Colombia, Monday, Aug. 10, 2026. (AP Photo/Santiago Saldarriaga)

Government workers stand outside their office buildings in Panama City, Monday, Aug. 10, 2026, after feeling an earthquake with an epicenter in neighboring Colombia. (AP Photo/Matias Delacroix)

People leave their homes after a quake was felt in Bogota, Colombia, Monday, Aug. 10, 2026. (AP Photo/Ivan Valencia)

A man leaves an apartment building after an earthquake struck Cali, Colombia, Monday, Aug. 10, 2026. (AP Photo/Santiago Saldarriaga)

People stand outside their homes after a quake was felt in Bogota, Colombia, Monday, Aug. 10, 2026. (AP Photo/Fernando Vergara)

People stand outside their homes after a quake was felt in Bogota, Colombia, Monday, Aug. 10, 2026. (AP Photo/Ivan Valencia)

Government workers stand outside their office buildings in Panama City, Monday, Aug. 10, 2026, after feeling an earthquake with an epicenter in neighboring Colombia. (AP Photo/Matias Delacroix)

People stand outside their homes after a quake was felt in Bogota, Colombia, Monday, Aug. 10, 2026. (AP Photo/Ivan Valencia)

People stand outside their homes after a quake was felt in Bogota, Colombia, Monday, Aug. 10, 2026. (AP Photo/John Wilson Vizcaino)