Coastal Corporate Residences to close in Q2 of 2023

After being in business for 22 years as Northwest Florida’s only local professional corporate housing company, we will be closing Coastal Corporate Residences in the second quarter of 2023 – winding down our operations over the next several months.

Published on Thursday, February 9th, 2023 by Paula Lynch-Schwab McVeigh, CCHP

Dear Mary Ann, Fellow CHPA Members and Associate Partners:

This is a bittersweet moment for our company, Coastal Corporate Residences. After being in business for 22 years as Northwest Florida’s only local professional corporate housing company, we will be closing Coastal Corporate Residences in the second quarter of 2023 – winding down our operations over the next several months. We will continue to provide our excellent corporate apartments and full services to our current guests; however, we will no longer be accepting additional reservations past April 2023.

We do not take this decision lightly and it has been made due to the declining health and age of our owners – retirement is not always easy, and we know this will be an adjustment – so we approach this phase of our life with hope and anticipation. We have been privileged over the past 22 years to meet many wonderful clients and have made many new friends in our industry, especially through our membership in CHPA for over 16 years. We sincerely appreciate what you have done to make our company successful and prosperous. We have been blessed with having dedicated and talented employees who will remain with us through our closing; after which they will continue to pursue successful careers – perhaps even taking a little “time off” to enjoy life as they explore new opportunities!

Once again, thank you, and CHPA, for your contributions to our 22-year success! Should you have any questions, please do not hesitate to call me (Paula) at 850-624-5002 or email me; or call our office at 850-230-0994.

Best Regards,
Paula Lynch-Schwab McVeigh, CCHP, and Robert McVeigh