Park Place Partners, Hunt Midwest take innovative swing at luxury rental market

Park Place Partners and Hunt Midwest Residential Development have formed a joint venture to co-develop the metro area's first luxury rental villa community located on a golf course. Construction began in mid-2017, with the first homes available for occupancy by February 2018. 

Built by Lambie Custom Homes, The Fairways at City Center will include 80 twin villas with premium views of Canyon Farms Golf Course, all within walking distance to Lenexa City Center. 

Melanie Mann, who co-developed Leawood's successful Park Place mixed use project along with partner Jeff Alpert, said The Fairways at City Center responds to a growing renter-by-choice segment and caters to renters of all ages who don't want to sacrifice having a yard, basement, or garage space.

"Through our experience in other rental communities, we have found strong demand for larger, high-quality rental residences," Mann said. "People are selling their larger family homes and are looking for more flexibility. These villas help bridge the gap between single-family home ownership and the increasingly popular luxury apartment rental option."

The partnership brings together the creative, mixed-use expertise of Mann and Alpert with the wide and deep experience of Hunt Midwest Residential Development, which has more than 3,000 acres of land currently under development within the Kansas City metropolitan area including award-winning communities in Kansas City's Northland, Lee's Summit and Raymore, Missouri.

"Melanie and Jeff are known innovators in the local development community, and this has been a great partnership," said Ora Reynolds, president and CEO of Hunt Midwest. "Hunt Midwest is actively pursuing new residential concepts, including multifamily, senior housing and now, villa-style rental homes."

• Features of The Fairways at City Center include:
• -Approximately 2,200 square feet of finished space
• -3 Bedroom, 2.5 Bath units, which includes a flex room for office or guest use
• -2-Car garage
• -Rents starting at $2,800 per month
• -80 percent of homes include a golf course view
• -High-end finishes include granite countertops, stainless steel kitchen appliances, hardwood floors.
• -Maintenance provided

For more information, visit www.fairwayvillascitycenter.com; or call 913.283.9958.

Luxury rental villas are under construction for The Fairway at City Center with occupancy expected in 2018.