It’s now official. Appius Wealth Management will begin construction soon on a new headquarters building at the Northpointe Business Park in Lutz.
The company, currently based in Trinity, is looking to build a 10,900-square-foot, two-story building. Appius will take over the second floor and lease out the 5,000-square-foot bottom floor, according to a release. It will be built by the Perry Co., of Tampa, at 16524 Pointe Village Drive.
Appius got some help with the permitting process from the Pasco Economic Development Council.
“For more than 30 years, our firm has been providing comprehensive financial planning services to individuals, families and businesses,” said Michael Addessi, the president and chief executive of Appius, in a release. “We are excited to move our headquarters to to this centrally located facility that will serve our clients both locally and throughout the United States.”
Appius, according to Addessi, is expected to have “above-average” business growth at 20 percent each year, and could result in a nearly twofold increase in the number of staff members over the next five years. The company was founded in 1983 as a tax and accounting practice, and later expanded into wealth management, according to its website. Appius has clients in more than 20 states.
It will be constructed on 1.3 acres of land Northpointe Group LLC bought a year ago for $400,000.
