Home Features Capstone Building Corp. Begins Construction on $61.31 Million Luxury Apartment and...

Capstone Building Corp. Begins Construction on $61.31 Million Luxury Apartment and Townhome Development in Pensacola, Florida

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Capstone Building Corp., a premier general contractor based in Birmingham, Alabama, recently announced a new $61.31 million luxury apartment and townhome project in Pensacola, Florida, with developer The Dawson Company.


Evolve Townhomes and Lofts will encompass 318 units containing 362,700 square feet. This project will feature 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom units. The development will include a combination of luxury apartments and townhomes, with a total of 591 beds, 540 baths and 210 half-baths. In addition to the 318 units, the amenities include a fitness center, swimming pool, playground, outdoor barbecue/grilling stations and a car wash station.

“Capstone Building Corp. is excited to work on this project with the highly respected developer, The Dawson Company,” says Jay Chapman, President & Chief Executive Officer of Capstone Building Corp. “This development has been highly anticipated, and we are proud to provide the Pensacola community with these luxury apartments and townhomes.”

Evolve Townhomes and Lofts is located at 3811 W. Nine Mile Road, Pensacola, FL 32526 and is expected to be completed by June 2024.

For more information on Capstone Building Corp., please contact Charlotte Brakmann at 407.927.4312 or Charlotte@kcprojects.net.


Capstone Building Corp, headquartered in Birmingham, Alabama, is a trailblazing veteran leader in the multi-family housing development industry. Since 1997, Capstone Building Corp. has completed a diverse portfolio of 119 projects in 22 states seeing them through design development, pre-construction, construction, and post-construction. The company’s projects, to date, are valued at more than $2 billion. Built on unconditional standards of performance, service, and integrity, Capstone Building Corp.’s focus on their clients’ needs and a culture of exceeding expectations has produced an overwhelming success rate for return business regarding their extensive line of projects ranging in high-end, state-of-the-art designs to mixed-use revitalization developments and RAD rehabilitation jobs.

For more information on Capstone Building Corp., visit www.CapstoneBuilding.com.