McKinley Hyde Park Brand Grows Again and Solidifies Dominant PlatformNovember 1, 2016
McKinley Hyde Park announces the acquisition of Delaney Flats - Phase 2, located within the historic neighborhood of Hyde Park, Downtown Tampa, Florida. Delaney Flats - Phase 2 sits adjacent to its neighbor Delaney Flats and becomes the 24th community that is part of the McKinley Hyde Park brand, a boutique collection of historic and uniquely restored apartment homes in the Hyde Park and South Tampa neighborhoods. McKinley today is the dominant owner-operator in these neighborhoods, and this next phase of Delaney Flats further expands that dominant footprint. Both communities will be operated under one common name to be known as Delaney Flats. A classically restored exterior respecting the historic neighborhood with cobblestone streets, oak trees, walkable to the best retail and dining in Tampa Bay, along with condominium grade interiors and amenities which will include fire pits, outdoor dining with Italian string lighting, extensive landscaping and site lighting, combining to deliver an amazing overall living experience.
"This is going to be another terrific addition to our overall strategy," offered Mary Williams, McKinley's Chief of Staff who leads the sales and customer experience effort for the McKinley Hyde Park brand. "We have had enormous success at all of our communities at the east end of Hyde Park by downtown, the river and Tampa Regional Medical Center, it's where we have achieved our highest rents to date. Additionally, this community is just one block away from Bayshore Boulevard, the largest continuous waterfront sidewalk in the world where our residents can bike, run, roller blade and kayak just seconds from their doorstep," further offered Williams.
“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 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," Berriz 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 brand McKinley Beach which is located along the barrier islands of Pinellas County including Gulfport, South Pasadena and North Redington Beach. McKinley today is the largest owner-operator of Multifamily communities along the Interstate-4 corridor in Central Florida with 54 multifamily communities in the Central Florida market. "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 the future of Central Florida," added Berriz.