Developers market townhouses as latest rental option

CC Residential's "Signature" townhouse complex
CC Residential's "Signature" townhouse complex

Broward County renters will have a larger housing pool to pick from pending the completion of new two townhouse developments in Davie.

CC Residential’s Signature on Davie Road will feature two-story townhouse units with rents from $1,400 to $2,000 a month. Leasing is set to begin by the end of this year.

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Just north of the Signature development, Greystar has submitted plans for 342 rental townhouses near Reese Road, close to this firm’s Elan33 West apartments. In a letter to Davie officials in April, Senior Director Fabio A. Rodriguez wrote that it would be a “Class A+” development with one-, two- and three-bedroom units.

Industry observers told the Sun-Sentinel that as renting becomes more permanent in South Florida, people are searching for something a little bit more than the average apartment or condo complex.

“This is developers saying, ‘Let’s build different kinds of housing in the rental pool,’ Anthony Trella, a homebuilding consultant in Deerfield Beach, told the Sun-Sentinel. “You ‘gotta go with the market. That’s the bottom line.” [Sun-Sentinel] –Kerry Barger