McKinley City Beautiful Newest Redevelopment Ready for Lease Up

May 25, 2016

McKinley is proud to announce Iris Flats, its newest redevelopment in the City Beautiful Portfolio, is now available for lease up.  McKinley City Beautiful is a boutique collection of historic and unique apartment communities located in the Downtown Orlando neighborhoods.  This community is walkable and bikeable to downtown and to Orlando Regional Medical Center, and is in close proximity to vibrant dining and local shopping in downtown Orlando.


Upon Iris Flat’s acquisition in January, 2015, McKinley immediately began renovating the 48-unit property.  The newly renovated boutique community now includes upgraded spacious one bedroom flats with stainless steel appliances, granite counter tops, and wine coolers. In addition, washer-dryers were installed in all units, and a comprehensive exterior renovation of the buildings and grounds have been implemented.  Iris Flat’s amenities now include a 24-hour fitness center, outdoor gourmet kitchen & grill, dog park and recycle center making this community the perfect place to call home.


"We are having great success with our boutique brands in Orlando and Tampa Bay. Developing a condo grade product that focuses on design inside and out, that are small in scale, and are located in walkable downtown locations, has really resonated with our Millennial and Baby Boomer customers alike," offered Albert M. Berriz, McKinley's CEO, Co-Owner and Co-Managing Member. "McKinley Hyde Park in Downtown Tampa, and McKinley City Beautiful in Downtown Orlando, have shown us that our customers are seeking an alternative to the newly built ultra-luxury options in the marketplace, and the same is true of our efforts on the Barrier Islands of Pinellas County with our beachfront and bayfront brand that we call McKinley Beach. On top of creating an amazing customer experience, our communities are priced to deliver significant value when we match up with the newly built options as well. We are thrilled with the opportunity to create these new experiences and we are excited that our new brands have had such great success," added Berriz.