New Construction Projects in Viera East, Florida

Project 1: Addison Square

• Developer: PAC Land Development / ADI Development (associated mentions)
• Location: 7578 Highsmith Rd, Viera East, FL 32940
• Type: Residential (apartments)
• Units/Size: 270 units (1-3 bedrooms, average ~1,116 sq ft)
• Status: Recently Completed
• Expected Completion: 2024
• Description: Class A multifamily community with amenities including a saltwater pool, fitness center, theater, bowling alley, indoor basketball court, and more. Sold to investors post-completion; located near retail and I-95.[1]

Project 2: Almarea at Viera

• Developer: Davis Development
• Location: Lake Andrew Drive area (address listed as 8908 Natura Lane, Melbourne, FL 32940)
• Type: Residential (luxury apartments and townhomes)
• Units/Size: 398 units (mix of 1-, 2-, and 3-bedroom apartments and townhomes with garages)
• Status: Under Construction
• Expected Completion: Applications opening Q4 2026 (full completion likely 2027)
• Description: Luxury complex featuring townhomes (unique for the area) with garages, elevators, indoor trash chutes, saltwater pool, movie theater, pet spa, and dog park. Wood-frame construction underway as of early 2026.[2]

Project 3: New Construction on Viera Boulevard (Retail Building)

• Developer: Not publicly specified in available sources
• Location: 1006 Viera Boulevard, Rockledge, FL 32955 (Viera East neighborhood)
• Type: Commercial (street retail / multi-tenant)
• Units/Size: ~13,778 sq ft total (units of ~3,430 sq ft each, plus larger leased space)
• Status: Under Construction
• Expected Completion: Q4 2026
• Description: New multi-tenant retail building with concrete flooring, power/plumbing stubbed in, 24’ clear height, grade-level doors, and parking. One unit pre-leased to Crossfit Viera; positioned on high-traffic Viera Boulevard near employers and amenities.[3]

Additional notes: Ongoing new single-family and 55+ home construction continues in established Viera East neighborhoods/communities such as Farallon Fields (Viera Builders), Del Webb at Viera (Pulte, 55+), and others (e.g., phases by Ashton Woods and Viera Builders). These are active builder communities rather than single large named projects. The Orlando Health Viera Hospital (Borrows West, south of Viera Boulevard) is a major mixed-use/healthcare development nearby in the broader Viera area but not confirmed exclusively in Viera East. Limited additional large-scale announced projects specific to Viera East were identified in public sources beyond the above. Viera East features many established neighborhoods with infill or phased new builds.