Plans are underway to build a residential facility along Bruce B. Downs Blvd., south of the James A. Haley Veterans Hospital, on the site of the former Sunset Square Apartments. The new facility will provide approximately 600 bedroom units with residents sharing common areas. The new owner, The Collier Companies, is investing over $40 million in the project. The source of this information is from Tampa Bay Business Journal, as reported by Eric Snider, June 27, 2014.