LMC Announces Start of Leasing at Palmera Apartments

Rhea-AI Summary

LMC, a subsidiary of Lennar, announces leasing commencement at Palmera, a luxury apartment community in Doral, Miami, featuring 440 homes. This new development aligns with green building standards, boasting upscale amenities and a prime location near retail and entertainment. Residents can enjoy various amenities, including a resort-style pool, fitness center, and coworking spaces. With a 31,800-unit pipeline exceeding $12 billion, LMC continues its commitment to multifamily real estate development.

Positive

• Leasing starts at Palmera, a luxury community with 440 units.
• Palmera meets green building standards and offers upscale amenities.
• Strategic location in Doral, enhancing accessibility to Miami's attractions.
• LMC has a robust pipeline of 31,800 units valued at over $12 billion.

Negative

• None.

DORAL, Fla., June 23, 2020 /PRNewswire/ -- LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of leasing at Palmera, a midrise apartment community in the northern portion of the Miami suburb of Doral.

The luxury community, which consists of 440 apartment homes and meets green building standards, features a unique blend of sleek floor plans, upscale amenities and proximity to Doral's extensive array of retail, dining and entertainment options. Palmera is offering virtual leasing options for future residents who prefer to explore the community from afar.

"As part of the greater Miami market, Doral offers a little bit of everything," said Chris Cassidy, division president of the Southeast and Mid-Atlantic regions for LMC. "We're excited to join the market and look forward to offering a refined living experience that we believe will set the standard for best-in-class apartment living in the area."

Located at 8400 NW 102^nd Avenue, Palmera boasts a prime location that positions residents to take advantage of the wide-ranging attractions throughout Miami-Dade County and beyond. The community is situated approximately four miles from Downtown Doral, 10 miles from Miami International Airport and 15 miles northwest of Downtown Miami.

Residents have access to the nearby Miami Trolley, a free service that connects to many of the city's key locales. They are also are within a short drive of Ronald Reagan Turnpike, Dolphin Expressway and additional gateways to the vast employment sectors of Miami-Dade and Broward counties. Doral is also home to an extensive public parks system and a wide variety of lakes.

Palmera offers one-, two- and three-bedroom apartment homes and a select supply of smart-home equipped homes. Apartment interiors are delivered with shaker cabinets, kitchen islands, stainless steel appliances, quartz countertops, ceramic tile flooring, pendant lighting, in-home washers and dryers, walk-in closets, oversized tubs and walk-in showers. Select homes include designer wine chillers.

The community also provides a deluxe suite of amenities, including a 2,300-square-foot elevated work lounge with coworking spaces and rentable offices. Additional amenities include a resort-inspired swimming pool with day beds and umbrellas, summer pavilion with multiple grilling stations, elevated sun deck and four courtyards offering distinctive themes, including adult gaming, adult dining, garden and playground.

Palmera also features two dog parks, Bocce courts, demonstration kitchen, billiards, cyber café and a full-size fitness center with yoga room, fitness on demand and motivational wall. Residents will have access to additional storage units, two bike storage rooms and digital package lockers.

Palmera will soon be joined in Doral by fellow LMC development Vesada, which is scheduled to open later in 2020.

About LMC
LMC, a wholly owned subsidiary of Lennar (NYSE:LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. LMC has a 31,800-unit pipeline of communities ranging from operating to under pre-development that exceeds $12 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                     

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SOURCE LMC

FAQ

When did LMC announce the start of leasing at Palmera apartments?

LMC announced the start of leasing at Palmera apartments on June 23, 2020.

What is the location of the Palmera apartment community?

Palmera is located at 8400 NW 102nd Avenue, Doral, Florida.

How many apartment homes does Palmera offer?

Palmera offers 440 apartment homes.

What amenities are available at Palmera apartments?

Palmera features a resort-style pool, fitness center, coworking spaces, and multiple themed courtyards among various amenities.

What are LMC's future development plans in Doral?

LMC plans to open another development, Vesada, in Doral later in 2020.