Serenity at Lake Wales - first new luxury Class-A multifamily community to be built in the municipality since 2005
(Polk County, Florida) – Nvision Development and Winter Park Construction (WPC) completed the $55 million Serenity at Lake Wales, a 335-unit community just north of Eagle Ridge Mall. The project is the first new luxury Class-A multifamily community to be built in the municipality since 2005. The development team at Nvision were early to relate the changing demographics in Polk County to the need for luxury multifamily options. Residents began moving in last fall, when WPC delivered initial turnovers to the Maitland-based Nvision Development, and owner/operator NM Residential. With the project now complete, an official ribbon cutting ceremony was held on May7th.
Gene Fultz the Mayor of the City of Lake Wales, in attendance at the event shared, “Nvision Development just raised the city of Lake Wales to a new level! They did a wonderful job on creation of this new community and the City of Lake Wales is grateful for their work.”
Image From Left to Right: Lake Wales Mayor Gene Fultz, Andi Brannon – Citizen’s Bank & Trust – Chamber Member, Jennifer Lopez - Citizen’s Bank & Trust – Chamber Member, Sandra Wolf (orange shirt) - Citizen’s Bank & Trust – Chamber Ambassador, Tonya Stewart – Tonya Stewart Law P.A. – Chamber Member, Larry Bossarte – Interim Chamber President. Back Row: Clarke Gerard (blue shirt), Ewing Blackwelder & Duce Insurance – Board Director, Linda Hayes – American Legion Post 71 – Chamber Ambassador
Serenity at Lake Wales is already at 43.6% leased occupancy and leasing fast. The community consists of thirteen 3-story, walk-up buildings with a mix of one, two and three -bedroom units. Typical units will feature upgraded slate-colored appliances, open floor plans, walk-in closets, granite countertops and faux wood floors. Every unit has either a balcony or a solarium. The 6,500-square-foot resort style clubhouse features a grand club room, a business center, ultra-modern fitness center, screened porch with loungers, a saltwater pool, and an outdoor kitchen and grill.
- Developer – Nvision Development
- General Contractor - Winter Park Construction Architect - Slocum Platts Architects, PA
- Property Management – NM Residential
- Leasing Information – Gloria Otero - 863-279-0100
Serenity at Lake Wales is the fourth multifamily project Winter Park Construction (WPC), Nvision, and NM Residential have partnered on together. The others include Champions Vue Apartments in Davenport, Venice Isles Apartments on the gulf coast of Florida and Orlando’s Vale East Apartments.
About Nvision Development
Nvision Development is an Orlando based, full service Real Estate Development Company looking to ensure that our clients, projects, and partners are set up to succeed. Nvision was founded in 2006 and has been involved in almost one billion dollars in projects since inception. Currently, Nvision is developing multifamily apartments, student housing, independent living, assisted living, hotels and mixed used developments throughout Florida and Tennessee.
About NM Residential
Founded in Cleveland, Ohio, NM Residential is an owner/operator of multifamily residential projects in Ohio, Michigan, and Florida. Throughout the years, NM Residential has adapted seamlessly to everchanging market conditions through continued use of cutting-edge technology and management techniques. NM Residential has stabilized and operated a portfolio of over 10,000 units, with a current (and growing) inventory of over 1,200 units in Florida.
Since 1974, WPC has provided general contractor, pre-construction, construction management and renovation services to Central Florida and the southeast United States. With over $200M in projects set for completion in 2020, WPC provides employment for 140+ full-time employees and thousands of subcontractor positions. With a portfolio rich in many sectors, WPC is currently working on construction projects in the senior housing, student housing, multifamily and hospitality sectors.