Mill Creek Residential and PCCP JV to develop 187-home single-family rental community in Florida
Mill Creek Residential has announced plans to develop the first single-family rental community on behalf of its separately managed account (SMA) with PCCP. The SMA recently acquired a 25-acre site along Freedom Road in Kissimmee, Fla., and Mill Creek will soon commence the ground-up development of Amavi Kissimmee, a 187-home, class A townhome community.
Amavi is Mill Creek’s single-family, build-to-rent brand, and the Kissimmee community’s product mix will include 159 three-bedroom front-loaded townhomes, 16 three-bedroom rear-loaded townhomes, and 12 three-bedroom duplex homes. Each home will feature high-end finishes, including granite countertops, luxury vinyl plank flooring, stainless-steel appliances and tile backsplashes in the kitchens. Amavi Kissimmee has also been designed to offer residents amenities including a pool, clubhouse, playground, fitness center and dedicated open space.
“We are excited to begin building our inaugural single-family, build-to-r