Central Florida’s The Melrose Corporation announces that it has secured the contract to manage Mattamy Homes’ Solara Resort community. The community will feature more than 900 lots, including a mix of single-family homes and townhomes, all designed to be rented out on the vacation home market. Solara Resort will also feature a fully staffed clubhouse and a comprehensive resort-style amenities package.
The Melrose Management Partnership, the association management arm of The Melrose Corporation, will oversee the HOA operations and community management for Solara.
“We are delighted to partner with Mattamy on this exciting venture,” Jack Hanson, President of The Melrose Management Partnership, said. “We are immensely proud to provide management services as well as interactive and entertaining lifestyle programs and events for Solara Resort.”
Melrose Lifestyle Services, the lifestyle and amenity management arm of The Melrose Corporation, will oversee the 11,000 sq. ft. Clubhouse and associated amenities including community lifestyle programming.
“Solara Resort is a great addition to Central Florida’s unique short-term housing rental market,” Bill Fife, Director of Melrose Lifestyle Services, said. “Solara’s state of the art facilities combined with our comprehensive programming experience gives us an exciting opportunity to work with Mattamy Homes to provide a fully customized plan for the owners, renters and prospective buyers of the community.”
Located near the Four Corners and Walt Disney World area, Solara will cater to the growing vacation home rental sector in an already robust real estate market. This market is expected to be valued at $169.7 billion globally by 2019.
“We are extremely excited about the growth potential of the Orlando market, as we believe that people will continue to look to Central Florida as a place where they want to live and raise a family, own a second home or retire to,” Alex Martin, Mattamy’s Orlando division president, said.
Mattamy Homes is the largest privately owned homebuilder in North America. With operations across the United States and Canada, Mattamy has sold more than 75,000 homes in 160 communities. In the United States, the company is represented in nine metropolitan areas – Minneapolis-St. Paul, Charlotte, Phoenix, Tucson, Jacksonville, Tampa, Sarasota, Naples and Orlando, the location of its US Head Office.
The Melrose Corporation is a leader in modern Community and Lifestyle Management. The Melrose Management Partnership, its association management branch, has overseen the affairs of more than 1,250 communities over 25 years. Melrose Lifestyle Services, its amenity and lifestyle management division, provides customizable community programming tailored to meet the unique needs of its developer and homeowner clients.
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