McKinley Hyde Park Acquires Niche Olde Hyde Park Property

January 9, 2017


OLDE HYDE PARK, FLORIDA - McKinley Hyde Park announced today that it has closed on the acquisition of Village Flats, located on Rome Avenue one block from Bayshore Boulevard in Olde Hyde Park, Florida. This community expands McKinley Hyde Park's dominant platform, which is the largest assembly of unique and historic luxury apartment homes in the Hyde Park/South Tampa market today. It also further expands its offerings along the Bayshore Boulevard corridor, and its walking distance to Hyde Park Village with some of the best shopping and dining in all of Tampa Bay

"We have strategically positioned ourselves to offer a variety of options, lifestyle choices and price points throughout the brand platform" offered Jason Schaller, McKinley's Vice President and Managing Director for McKinley Hyde Park. "Village Flats will allow us to enhance our offerings in one of the most affluent and sought after neighborhoods in Olde Hyde Park. It is also steps away from Bayshore Boulevard which allows our customers access to miles of continuous waterfront recreation along Tampa Bay, and close proximity to all that the downtown has to offer." added Schaller. 

"McKinley Hyde Park represents the very best of authentic and historic apartment living in traditional neighborhoods within the heart of downtown," offered Albert M. Berriz, McKinley's CEO, Managing Member and Co-Owner.  "Each community has been carefully curated to ensure the brand delivers and exceeds expectations. We thoughtfully approach each building with an eye to detail which 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 Reddington Beach. McKinley today is the largest owner-operator of Multifamily communities along the Interstate-4 corridor in Central Florida with 56 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.