Dirt is officially moving at 7400 Interbay Blvd in South Tampa, where Hillpointe has lined up a $67 million construction loan and broken ground on Pointe Grand Interbay, a 408‑home apartment community. The project will lean heavily on two‑bedroom, two‑bath layouts and is slated to wrap up in June 2027. Planned perks for residents include a clubhouse with co‑working space, a community pool and a fitness center.
The Money, The Footprint And The Timeline
PNC Bank is supplying the $67 million in construction financing, and Hillpointe has already started site work. The development is planned at roughly 798,216 square feet and will rise as 15 three‑story residential buildings with a total of 408 homes. Hillpointe Construction is leading the build, with a target completion date in June 2027, according to Connect CRE.
The Flagship Name And The Team Behind It
The community is branded under Hillpointe’s Pointe Grand banner and appears on the landlord’s marketing site. Hillpointe is listed as the sponsor behind several Pointe Grand properties around Florida, and the brand’s site specifically notes an Interbay location in Tampa, per Pointe Grand.
Target Renters And Unit Mix
Pointe Grand Interbay is being marketed toward working households earning roughly 80–120% of the Area Median Income, with a strong emphasis on two‑bedroom, two‑bath floorplans. Those affordability targets and layout details come from the project’s financing announcement and developer materials, as reported by Connect CRE.
Where It Lands In South Tampa
The property at 7400 Interbay Blvd appears in a recent Hillsborough County legal notice as “Pointe Grand Interbay at Tampa,” with HP‑252126 TAMPA LLC listed as the owner, reflecting the project’s local registration, according to Hillsborough County public notices.
The site sits along Interbay Boulevard, a corridor where the city has budgeted intersection and roadway work in its FY2026–2030 Capital Improvement Program, per Tampa.gov.
