Working households in Central Florida are getting two new rental options that try to thread the needle between luxury and affordability. Hillpointe is rolling out a pair of Pointe Grand apartment communities, one in Davenport and another just outside Minneola, with rents positioned below typical Class A levels. The Davenport site has already started moving in residents and is reported to be about 50% built, while both properties tout resort-style perks like pools, clubhouse hangouts and dog parks that the developer says are meant to make the complexes feel like home, not just another apartment stopover.
As first reported by GrowthSpotter, Pointe Grand Champions Village in Davenport is planned for roughly 445 units at 2010 Celsius Way. Pointe Grand Hills at Minneola is set to deliver about 300 apartments near U.S. 27 and Sullivan Road. GrowthSpotter also noted that Champions Village had quietly opened a couple of weeks before its story ran and was about 50% complete at that time, part of a broader push to plant the Pointe Grand flag in markets across Florida.
Hillpointe, based in Winter Park, says it owns or operates thousands of rental homes and keeps development, construction and property management in-house to move projects from dirt to doors more quickly, according to Hillpointe. That activity shows up in national rankings of active multifamily builders, with the company appearing on NMHC-related lists tracked by Multifamily Executive…