McKinley Hyde Park Acquires 20th, 21st and 22nd Boutique Communities in Hyde ParkApril 28, 2016
McKinley Hyde Park announces the acquisition of Estancia Flats, Miramar Flats and Willow Flats II, all located within the historic neighborhoods of Hyde Park, Downtown Tampa, Florida. Each one of these unique communities adds something special to the McKinley Hyde Park brand, a boutique collection of historic and restored apartment homes in the Hyde Park and South Tampa neighborhoods. McKinley today is the dominant owner-operator in these neighborhoods with twenty-two owned communities.
Estancia Flats offers large two-bedroom apartment homes with expansive grounds and on site parking. These secluded ranch-style homes will feature interior condominium finishes, and will offer the full complement of McKinley Hyde Park amenities including outdoor kitchen, bocce ball court, fire pit with Adirondack chairs and bike storage. The community is a short walk to Tampa Bay and Bayshore Boulevard, and is also conveniently located near all of the retail and dining options in the eclectic Design District. Estancia Flats is the 20th community in the McKinley Hyde Park collection.
Miramar Flats is located at the corner of San Pedro and Concord Ave across from the well-known Roosevelt Elementary School. This historic building features soaring ceilings, period transom windows and large one-bedroom floor plans. Miramar Flats offers classic Spanish architectural design typical of many buildings built in Hyde Park during the 1920's, 30's and 40's. Renovations will include restoration of the original flooring, condominium grade interiors, and the creation of outdoor living spaces. Customers will experience old Florida living, with modern Florida advantages. Miramar Flats is the 21st community in the McKinley Hyde Park collection.
Willow Flats II is located adjacent to McKinley Hyde Park's existing community Willow Flats, and these communities will be merged and operated as one community. It offers very unique studio, one bedroom and bungalow homes across from highly regarded Mitchell Elementary, it's a short distance to Tampa General Hospital, and the many dining and retail options in SoHo along Howard. This community has a gorgeous tree canopy and also offers covered parking. Willow Flats II is the 22nd community in the McKinley Hyde Park collection.
"These three communities provide tremendous options and choices for our customers, and we will make significant investments and upgrades at these communities like we are making throughout Hyde Park" stated Jason Schaller, McKinley's executive in charge of property management and renovations for the Hyde Park brand, who will be partnering with Andrew A. Berriz, McKinley's Special Projects Director, on the design and execution of these historic renovations. "Design is a key driver in creating value and meeting the demanding needs of our customers" added Schaller. "We have carefully envisioned, designed and hand crafted every single detail to ensure these communities merit addition to our unique brand, which gives our customers best in class amenities, condominium grade interiors, privacy, exterior improvements respectful of the history of the neighborhood, and a walkable urban setting in the heart of great dining, shopping and the many outdoor experiences available throughout Hyde Park," added Andrew A. Berriz. As of today, Schaller, Berriz and Mary S. Williams, McKinley's executive in charge of Customer Relations and Sales for the Hyde Park brand, are on the ground assuming responsibility for the new communities, and welcoming new customers to the McKinley Hyde Park style of living.
“McKinley Hyde Park represents the very best of authentic and historic apartment living in traditional neighborhoods within the heart of downtown,” said Albert M. Berriz, CEO, Co-Owner and Co-Managing Member. “Each community has been carefully curated to ensure that the brand delivers and exceeds expectations. We thoughtfully approach each building with an eye to detail that is sure to please the most discerning customers,” he further offered. McKinley Hyde Park also leverages the talent, resources and history of McKinley's dominant workforce housing platform located in Orlando, Gainesville, Daytona Beach and the Tampa Bay markets operated under its core McKinley brand, and its other boutique luxury brands including McKinley City Beautiful in Downtown Orlando, and McKinley Beach along the barrier islands of Pinellas County. "As we look forward ten, twenty and thirty years, we are excited about what the future will bring for these investments, and we are proud of what has been accomplished by our amazing team," offered Berriz. "We continue to execute our long term strategic vision and initiative to be the dominant multifamily owner operator at the center of this growth engine which is the Interstate 4 corridor, and we are thrilled to participate in a meaningful way in future of Central Florida," added Berriz.