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TAMPA, FL—PCCP, LLC says it has provided a $70 million senior loan to Carter for the development of a 23-story residential tower in downtown Tampa. The project is planned for 362 rental apartments above a six-story parking garage and 6,500 square feet of ground-level retail space.  Building amenities will include a pool deck and terrace located above the parking garage, a ground-level fitness center, and a clubroom on the top floor of the tower.  The project will be contained within a 1.02-acre site comprising a full city block bordered by North Franklin, North Florida, East Tyler, and East Cass Streets.  Construction is anticipated to be completed in late 2017.

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