Navy Crossing Development Site

About Navy Crossing Development Site

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±73.56-acre Navy Crossing Development Site located in Pensacola, FL. Ideally positioned along US-98 with visibility to over 26,500 vehicles per day, the site is zoned HC/LI and HDMU, allowing by-right development of high-density residential. Current plans envision 252 garden-style apartment units and 138 townhomes, with potential for build-to-rent or for-sale execution and additional commercial frontage. The Navy Crossing Development Site benefits from strong regional fundamentals, including access to 60K nearby military jobs, proximity to the 8.7K-employee Navy Federal campus, and nearby amenities like a newly constructed Publix. With key due diligence items completed and over 3,200 units absorbed across the Panhandle in the past year, Navy Crossing represents a rare opportunity to capitalize on Pensacola’s growing demand for quality housing in a dynamic economic corridor.