Park Square Homes Build-To-Rent Townhomes
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Park Square Homes Build-To-Rent Townhomes
Park Square Homes plans build-to-rent townhome community for Ocoee A 232-unit build-to-rent townhome community is in the works in Ocoee as a local developer looks to get a foothold in the growing business. Orlando-based Park Square Homes is developing the Kimaya Ocoee Village community on the nearly 24-acre site on the north side of Ocoee. Vertical construction on the townhomes should begin in May, with a phased roll out that could see residents moving in as soon as October or November of this year, he added. The project is near the intersection of East Fullers Cross Road and North Lakewood Avenue and roughly a half-mile from State Road 429’s interchange with West Road/Clarcona Ocoee Road. Meanwhile, the build-to-rent business is just getting going in the U.S. A study by RentCafe expects nearly 14,000 new units to come online across the nation in 2022.
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