Middleburg Communities has secured a roughly 30-acre land parcel in Wilmington, North Carolina, US, for developing its upcoming build-to-rent (BTR) community, ‘Hamlet Barclay West’.
The land parcel is located at the intersection of 17th Street and Independence Boulevard in Wilmington.
The project, featuring a total of 280 units of cottages, duplexes, and townhomes, is set to begin construction later this month.
Located near The Pointe at Barclay, the community will feature pocket parks, shared green space, as well as streetscapes.
Residents will have the option to choose from one-, two-, or three-bedroom floor plans while all units will have interior finishes such as vinyl plank flooring, shaker wood cabinets, and quartz countertops, among others.
Other on-site amenities will include a clubhouse with a resort-style pool and fitness centre, electric vehicle charging stations, a dog park, and a pet spa.
Middleburg Carolinas Region Development senior vice-president Alexi Papapieris said: “Wilmington’s explosive growth over the years has resulted in strong demand for high-quality, build-to-rent communities like Hamlet Barclay West.
“We are excited to break ground on this project and deliver a product that meets the needs of the market and offers a lifestyle that is coveted by individuals and families alike.”
Middleburg is a US-based investment company that employs a fully integrated approach to acquire, develop, and operate rental housing.
From 2004 to date, the company says it has acquired and developed approximately 22,000 apartment units, which equates to more than $3bn in transactions.
In April last year, it announced its plans to build a rental townhome community in Glen Allen, Virginia, US.