Madison Space Coast is to be developed, luxury garden style multifamily community, located in Melbourne, Florida, in one of the fastest growing areas in Brevard County. The project will feature 240 units incorporated into 5 4-story buildings. The submarket boast strong demographics, exceptional in-migration patterns (more accelerated as a result of COVID), and convenient access to Space Coast employers, downtown Melbourne, and several other nearby demand generators.

The Space Coast holds true to its name with employers including SpaceX, Blue Origin, Boeing, Lockheed Martin, L3Harris, and Embraer. Over the past decade the $350 billion private space industry has made this MSA homebase spurring USA Today to name it the “Next Silicon Valley.” The employees of these organizations are highly educated and fairly compensated which has created significant upward pressure on rental rates.