STOCK TITAN

LMC Announces Opening of The Remy

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

LMC, a subsidiary of Lennar Corporation (NYSE: LEN), has opened The Remy, a luxury apartment community in Plantation, Florida. This mid-rise, lakeside development features 271 apartment homes with upscale amenities and modern finishes. Conveniently located near shopping, dining, and recreational parks, residents enjoy access to outdoor activities and proximity to Fort Lauderdale's beaches. The community offers various apartment sizes, including one-, two-, and three-bedroom options with luxury features. As of November 2021, LMC's development pipeline includes 42,000 homes valued at over $16.4 billion.

Positive
  • Opening of The Remy enhances LMC's portfolio in the competitive Plantation market.
  • 271 luxury apartment homes offer extensive amenities, appealing to high-demand renters.
  • Strategic location near shopping, dining, and recreational facilities could drive occupancy rates.
  • LMC's portfolio includes a $16.4 billion pipeline indicating solid growth potential.
Negative
  • None.

Mid-rise luxury community in the heart of Plantation 

PLANTATION, Fla., April 20, 2022 /PRNewswire/ -- LMC, a wholly owned subsidiary of Lennar Corporation [NYSE: LEN] and a leader in apartment development and management, today announced the opening of The Remy, a luxury apartment community in Plantation, located just west of Ft. Lauderdale. Leasing has started and residents are already enjoying what The Remy has to offer.  

The mid-rise, lakeside community, which features 271 apartment homes, is located in the heart of Plantation, in the center of Broward County. The resort-inspired community combines upscale amenities, modern finishes, and a relaxing vibe that welcomes residents home.

Located at 651 NW 82nd Avenue, The Remy residents are minutes away from schools and a variety of restaurants and shopping, including Target, Publix, Aldi, Mustard Seed Bistro and Jarcaranda Italian. The community is very close to Plantation Central Park, which features Olympic-size pools, basketball courts, roller hockey rinks, pickleball courts, multi-use fields, exercise stations, pavilions, a 10-acre lake and much more.

"Between all the opportunities in this active neighborhood and the thoughtful design and features of the community, The Remy is the kind of place that residents will look forward to returning to each day," said McCarley Davis, President of LMC's Florida Division. "The beaches of Fort Lauderdale are just minutes away, but residents at The Remy will always wake up to water views thanks to the community's unique lakeside location. It just creates a calming and tranquil environment that keeps calling you back." 

The Remy is conveniently situated between the beaches of Ft. Lauderdale to the east and the Everglades and Francis S. Taylor Wildlife Area to the west. Residents have easy access to downtown Plantation, entertainment venues, dog parks, Plantation Walk shops and restaurants, and more. The community is near major arteries in the region, as well as easy access to the Broward County Transit 88, 81 and 02 bus routes, which can connect residents to the Tri-Rail system and the Miami-Dade and Palm Beach transit systems.

The Remy offers one-, two- and three-bedroom apartment homes, as well as a one+den option. The homes feature kitchens with Georgetown shaker cabinets and quartz countertops, with islands and wine fridges in select homes. Each home has luxury, wood-inspired flooring and plush carpeted bedrooms. The tiled bathrooms feature walk-in showers and 36-inch royal dreamer tubs.

Property features include a lakeside gazebo, the spacious clubhouse includes a grand fireplace, game room with pool table, shuffleboard, wine parlor, a large open kitchen and a library with coworking spaces. A two-story fitness center overlooks the pool and includes a separate mirrored yoga area. The resort-style pool offers residents lounge seating, grill stations and a hot tub. The garage features enclosed bike storage and two charging stations.

About LMC
LMC, a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the United States. As of November 30, 2021, LMC had a 42,000-home pipeline of communities ranging from operating to under pre-development that exceeds $16.4 billion of high-rise, mid-rise and garden apartments.

LMC creates extraordinary communities where people can live remarkably.

www.LiveLMC.com

Media Contact                                              
Marlena DeFalco
LinnellTaylor Marketing                                
303-682-3943                                     
marlena@linnelltaylor.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lmc-announces-opening-of-the-remy-301529176.html

SOURCE Lennar Multifamily Communities (LMC)

FAQ

What is the opening date of The Remy in Plantation?

The Remy opened on April 20, 2022.

How many apartment homes does The Remy offer?

The Remy features 271 apartment homes.

What company owns LMC?

LMC is a wholly owned subsidiary of Lennar Corporation (NYSE: LEN, LEN.B).

What amenities does The Remy provide?

The Remy offers upscale amenities including a resort-style pool, fitness center, game room, and lakeside gazebo.

What is LMC's current development pipeline value?

As of November 30, 2021, LMC's development pipeline is valued at over $16.4 billion.

Lennar Corporation

NYSE:LEN

LEN Rankings

LEN Latest News

LEN Stock Data

37.20B
241.34M
2.58%
93.74%
2.33%
Residential Construction
General Bldg Contractors - Residential Bldgs
Link
United States of America
MIAMI