Property investment firm Middleburg Communities (Middleburg) has revealed plans to start construction of a 211-unit single family housing community in South Carolina, US.
Named Hamlet Maybank, the project is a joint venture between Middleburg and Parse Capital, a subsidiary of The Wolff Company.
Located on an approximately 46-acre land parcel in Johns Island, the low-density multifamily development will feature a mix of detached cottages, duplexes and townhomes.
Middleburg claimed that each home will offer best-in-class amenities with environmentally friendly designs and private backyards.
In addition, Hamlet Maybank will offer advanced interior features, including kitchens with islands, granite countertops and stainless-steel appliances, bluetooth keyless entry, Nest thermostats and large walk-in closets.
Residents will also have access to resort-style amenities, such as a freestanding clubhouse and pool, walking paths, tree-lined streets and professional landscaping.
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Hamlet Maybank is 20 minutes from downtown and is close to major attractions, including beaches, golf courses, restaurants and nightlife.
Construction of the project is slated to start early next year, with units coming online by mid-2024.
Size of floorplans will range from 785 to 1,694ft2, with monthly rents to start at $1,930.
Middleburg Development president Selim Tay-Agbozo said: “Hamlet Maybank promises to deliver an exceptional single-family living experience in the heart of one of America’s most active submarkets.
“The value proposition our Hamlet brand offers is unmatched – all of the comforts of home ownership with the ease and flexibility of renting and no down payment required – and that is why we are experiencing overwhelmingly strong demand in the other high-growth Southeastern markets where we are developing this prototype.
“We have no doubt we will experience similar interest at Hamlet Maybank, especially as more and more individuals choose to relocate to hotspots like Charleston and seek out traditional neighbourhood environments to raise families.”