Clearwater's Most Anticipated Project of 2016 - The Nolen

Clearwater's Hippest Downtown Address - Opening Late 2016

The Nolen is Downtown Clearwater's newest multifamily development set to open in late 2016.  This highly anticipated project combines multifamily and retail space that rivals urban communities in Tampa and St. Petersburg.

In order to create this all-inclusive community for it's residents, the Nolen is seeking to fill retail space with businesses that closely align with the community's positioning as "Cleawater's Hippest Downtown Address."

Leasing preference is given to:


        • Cafe's
        • Markets
        • Service retail
        • Coffee shops
        • Pubs/brewery tasting rooms
        • Pet services
        • Bistros
        • Boutiques

Captive, Upscale Market

The community will consist of 257 residential units priced at a 70% premium over neighboring apartment communities. This will provide retail tenants of The Nolen with an exceptional opportunity to develop a loyal customer base from a captive, upscale market.

Low Cost Rates

The Nolen's multifamily business strategy enables it to offer highly competitive retail rates and allows for retail tenants to direct funds towards running their business.

Additional Sources of Business


Several new developments are projected for the area over the next few years that are expected to add nearly 1,000 residential units within a two-mile radius.  These new developments will help to facilitate sustainable growth for retail businesses within The Nolen.  In addition, the property is just over two miles from Trip Advisor's 2016 Best Beach in America, and the most popular beach destination in a county that attracts over 6 million visitors annually and brings in $4 billion in tourist spending.

Community Support


The communities of Downtown Clearwater and the Cleveland Street District have benefited from over $40 million of redevelopment investments to support a thriving retail and entertainment district intended to attract and maintain visitors and residents that can generate sustainable revenue streams for local, small businesses.

Features Summary

        • Downtown Clearwater's most anticipated new development of 2016

        • 257 unit multifamily property offering a total of 11,267 SF of rentable retail space

        • Minimum rentable space: 1,000± SF

        • Maximum continguous space: 6,000± SF

        • $40 million invested in downtown development to date

        • Just over two miles to America's Best Beach, Clearwater Beach (Trip Advisor®, 2016)

        • Ideal for trendy retailers such as cafes and gastro pubs, boutiques, cocktail lounges, pet services, and service retailers

        • All spaces are brand new and in shell condition, allowing for maximum flexibility in space planning


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