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CBI Breaks Ground on 250-unit Cottage-style Multifamily Community in St. Augustine, Florida

Abrazo at Rolling Hills will feature 250 Class A rental units

CBI Construction recently broke ground on Abrazo at Rolling Hills, a new build-to-rent, cottage-style community located in St. Augustine, Florida. Upon completion, the community will feature 250 Class A rental units and a thoughtfully designed amenity package that includes a clubhouse, resort-style pool, a walking trail and additional resident amenities.

The community, developed by Tampa-based Third Lake Development, will feature nearly 250,000 square feet of residential units on a 33.26-acre site.

“Our team at CBI is thrilled to start this project, and we value the opportunity to partner with Third Lake and are grateful for their continued trust,” said Ryan Jonyka, senior superintendent at CBI Construction. “We look forward to sharing progress as the work continues, and seeing this community come to life.”

Abrazo at Rolling Hills is located at 300 Bushwood Circle in St. Augustine. The first residential units and clubhouse are scheduled for delivery in April 2027, with full project completion anticipated in December 2027.

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About CBI Construction:
CBI Construction is a full-service general contractor specializing in build-to-rent, multifamily and student housing projects throughout the country. Founded in 2005, CBI partners with developers and owners to deliver high-quality communities through a hands-on, people-first approach that emphasizes safety, integrity and long-term value.


CBI Construction