Coastal Ridge Real Estate has broken ground on Stillwell at Wellen Park, a new build-for-rent development project, in Venice, Florida, US.
The multifamily community will include 274, one-, two-, and three-bedroom cottage-style and single-family homes.
Each home will feature designer finishes, private outdoor space, along with smart home technology.
Amenities at the new development will include resort-style zero-entry pool, business centre, coffee bar, kitchen, fitness centre, and dog park.
Game room, bocce court, club lounge, fire pits, and clubhouse, as well as walking path.
Stillwell is located within the master-planned community, Wellen Park.
The company stated that the new multifamily community will be situated near to mixed-use hub Downtown Wellen, the new Atlanta Braves spring training facility, and a Publix-anchored retail centre.
Coastal Ridge Real Estate managing partner Andy Lallathin said: “Residents are looking for much more than solid surface countertops and stainless-steel appliances.
“They want the feeling of living in a single-family home while having the flexibility and hassle-free lifestyle that renting provides.
“Stillwell has been carefully crafted and developed to provide the same privacy and outdoor space that comes with homeownership, without committing to a mortgage or maintenance. It’s what we consider to be, ‘Sanctuary without strings.’”
Stillwell brand is developed by Coastal Ridge along with equity partners, Halstatt Real Estate Partners.
The company is planning to bring the Stillwell brand to communities all over the country and its additional projects are set to commence construction soon in Columbus, Ohio and Austin, Texas.
Construction begins on Stillwell at Wellen Park in Florida, US. Credit: © Wellen Park.