Roxanne Amoroso is the lead Principal of Mosaic Development, LLC, a St. Petersburg based, State of Florida multifamily and master development company. Roxanne is responsible for strategic planning, financing, project delivery and general management for all of Mosaic’s activity in the State of Florida. Roxanne is a nationally recognized expert in real estate development and her expertise in advancing complex real estate development spans almost 30 years.
Mosaic Development is a multifamily and master development company with construction projects ongoing in St. Petersburg, Kissimmee and Bonita Springs totaling more than 800 units representing a financial investment of $160 million. Kissimmee is an urban, transit-oriented master development comprised of a 120-key hotel, 304 apartments, 10,000 of retail and a 393-unit parking garage located on Lake Toho valued at more than $65 million. Mosaic Development is actively working on an additional pipeline of projects in Pinellas Park, Lakeland and the Greater Orlando markets.
Prior to forming Mosaic Development, Roxanne served as a Senior Vice President for Bank of America Merrill Lynch Community Development for more than 12 years where she was responsible for multifamily and master estate development activities in the State of Florida and the southeast United States with a notable lead position in the Encore project which is a $450 million multifamily project located in downtown Tampa. The Encore is a gold LEED certified neighborhood including a chilled water plant, solar pocket park and reclaimed and recycled storm water system. Her team won the first infrastructure grant in the United States utilizing federal funding with a $38 million grant utilizing the Neighborhood Stabilization Program 2.
Ms. Amoroso has extensive experience in executing real estate deals using conventional and highly complex funding and ﬁnancing sources. She is not only astute at creating projects that attract conventional debt and equity, but she has successfully led the pursuit of federal, state, city and county grant pursuit and compliance and debt negotiation from multiple funding sources and multidiscipline internal and external team creation and collaboration.
Two of Ms. Amoroso’s master development projects, the Encore in downtown Tampa and Creative Village in downtown Orlando, have earned national attention and recognition for master planning and ﬁnancing. These project values were $120 million in infrastructure, and ranged from $425 million–$1 billion in economic development.