New Construction Projects in Samoset, Florida

Project 1: 301 Flats and The Savoy at 301

• Developer: Lincoln Avenue Capital (LAC)
• Location: 4498 12th Street Court East / 1345 301 Blvd E, West Samoset / Samoset area, Bradenton, FL 34203 (Manatee County)
• Type: Affordable Housing / Multifamily (garden-style apartments and senior apartments)
• Units/Size: 301 Flats: 324 units (family/individual affordable housing); The Savoy at 301: 248 units (senior housing for ages 62+, 1-3 bedrooms); total ~572 units across the adjacent developments on a ~42-acre site
• Status: Recently completed / Under construction (broke ground 2023; vertical construction and leasing activity noted into 2025-2026)
• Expected Completion: 2024–2025 (some senior community leasing references note early fall 2026 openings or availability)
• Description: Two adjacent affordable housing communities providing much-needed workforce and senior housing in the Bradenton-Sarasota area. 301 Flats consists of 13 three-story garden-style buildings with amenities including a pool. The Savoy at 301 is a four-story mid-rise senior community with fitness center, community room, grilling/picnic areas, and other resident amenities. Both target households at or below 60% area median income and feature Energy Star elements.[1][2]

No other significant new construction projects (announced, under construction, or recently completed in the last 3 years) were identified in Samoset proper based on available public sources. The area primarily features established residential neighborhoods with some scattered newer individual or small-scale custom homes. Limited public information available on additional large-scale developments.