New Construction Projects in Palmetto, Florida

Project 1: Sanderling

• Developer: Mattamy Homes
• Location: Palmetto, FL (near U.S. Route 41 and 19)
• Type: Residential (Single-family homes)
• Units/Size: 95 homes; floorplans 1,504–2,799 sq ft (2–4 bedrooms)
• Status: Recently opened / Under construction (sales and builds ongoing as of 2026)
• Expected Completion: Ongoing (quick move-ins available)
• Description: New master-planned community offering eight distinctive single-family home designs with modern features, energy efficiency, and no CDD fees. Located minutes from beaches, Bradenton, and major highways.[1]

Project 2: Coasterra

• Developer: Multiple (M/I Homes, Meritage Homes, David Weekley Homes, Taylor Morrison, Cardel Homes)
• Location: Palmetto, FL
• Type: Residential (Single-family homes and villas)
• Units/Size: Active master-planned community with multiple phases and builders (hundreds of homes planned across products)
• Status: Active / Under construction (homes available with move-ins in 2026)
• Expected Completion: Phased / Ongoing
• Description: Master-planned residential community with amenities including pools, trails, parks, and clubhouse. Features a range of new construction single-family homes in varying price points.[2]

Project 3: Alton Palmetto (also referred to as Alton Osprey in some contexts, but distinct Palmetto site)

• Developer: Kolter Group (Kolter Multifamily)
• Location: 8715 U.S. Highway 41, Palmetto, FL (near I-275 interchange)
• Type: Residential (Multi-family apartments)
• Units/Size: 276 units (1-, 2-, and 3-bedroom garden-style apartments, ~660–1,890 sq ft)
• Status: Under construction (ground broken ~2025)
• Expected Completion: Late 2026
• Description: Luxury four-story garden-style apartment community with resort-style amenities including pool, fitness center, clubhouse, and dog park. Targets commuters and renters in the growing Manatee County market.[3]

Project 4: Mosaic Riverfront Apartments (Riverscape / former boat ramp site)

• Developer: Mosaic Development (in partnership with NDC Development)
• Location: Corner of Eighth Avenue West and Riverside Drive, Palmetto, FL (Manatee River waterfront)
• Type: Mixed-use (Apartments + retail)
• Units/Size: ~152 apartments (one- and two-bedroom) + 5,000 sq ft retail + 5,000 sq ft amenities
• Status: Announced / Pre-construction (selected 2025; negotiations and design phase)
• Expected Completion: ~2028
• Description: Six-story waterfront mixed-use development on a 3.4-acre former boat ramp/parking site, including residential units, retail, and amenities to support downtown revitalization. Includes CRA incentives.[4]

Project 5: The Shoppes at Marriott (Oyster River Plaza)

• Developer: LQ Commercial (on Palmetto Marriott Resort & Spa grounds)
• Location: Palmetto Marriott Resort & Spa site, Palmetto, FL
• Type: Mixed-use (Commercial / Retail)
• Units/Size: Phase I ~8,200 sq ft commercial space; Phase II entertainment venue planned
• Status: Under construction (groundbreaking April 2026)
• Expected Completion: Late 2026 or early 2027 (Phase I)
• Description: New mixed-use retail and dining destination serving hotel guests and the community, with tenants including Foxtail Coffee and others. Part of broader downtown and resort-area improvements.[5]

Project 6: Wood Partners Palmetto (Altera Palmetto)

• Developer: Wood Partners
• Location: 5901 16th Avenue East, Palmetto, FL
• Type: Residential (Multi-family apartments)
• Units/Size: 246 units (four-story buildings)
• Status: Under construction (started early 2025)
• Expected Completion: May 2026
• Description: Multi-family rental community with amenities including pool, sundeck, grilling areas, fitness center, and clubhouse. Developed on a former vacant/wetland-influenced site.[6]

Additional notes: Several other active single-family communities (e.g., Stonegate Preserve by Lennar with 800+ homes planned, Silverstone North by D.R. Horton, Southpointe by M/I Homes, Jackson Crossing by Highland Homes) are under construction or in active sales phases with ongoing builds. Downtown mixed-use projects like Renaissance at Riverside (8-story luxury apartments/retail at 320 10th Ave W) and Riverside Estates (mixed-use at 702 10th Ave W) are listed as “coming soon” or proposed on the City of Palmetto website, with limited detailed public timelines or unit counts available beyond initial announcements. A small 20-unit affordable townhome project by Manatee County Habitat for Humanity was approved in late 2025 with construction expected 2027–2028. City infrastructure projects (e.g., Patriot Park) are excluded as they are not primary residential or commercial developments. Information is based on verifiable 2025–2026 sources; some smaller or early-stage projects have limited public details.