Encore Capital Management Announces Opening of First Rise Brand Residential Building at Plantation Walk
Encore Capital Management, the developer of Plantation Walk, the $350 million mixed-use office, retail, residential, and hotel destination, has announced the completion and opening of the development’s first residential building, The Rise at Plantation Walk.
The Rise Plantation Walk luxury apartments will be made up of three buildings. The first building, which is now open with resident move in’s underway, features 171 units made up of studio, 1,2 and 3-bedroom apartments ranging from 692 to 1,457 square feet. Rent starts at $1675 a month. An additional apartment building will also be completed this year, bringing the total number of units available for rent to 404 units. At full build-out, the community will have 700 units.
The Rise at Plantation Walk features a wide-range of luxury amenities in each unit including oversized balconies and patios, gourmet kitchens with stainless steel appliances and quartz countertops, a full-sized washer and dryer in every unit, walk-in closets, floor-to-ceiling balcony doors and more.
Each building has its own pool deck with private cabanas and summer kitchen, Sky Lounge with bar and dining areas, concierge services, LATCH smart technology for the building access system, on-site storage, controlled-access parking garages, multi-story fitness center with TRX training, yoga room and The Mirror gym system.
The Rise apartment brand is ideally suited to the region’s growing workforce and empty nesters who want to live within walking distance to great restaurants, shopping and entertainment.
“The Rise at Plantation Walk is designed to cater to educated, working professionals, offering its residents unparalleled amenities and services previously not available in rental properties outside of traditional downtown buildings,” said Art Falcone, CEO and Managing Principal of Encore Capital Management. “We are centrally located with easy access to major highways so residents can easily commute to other parts of Broward, Palm Beach or Miami-Dade Counties. The Rise will also fill a much-needed void for empty nesters who are ready to downsize but still want walkable access to great food and entertainment options.”
The Rise brand, which Encore launched in 2017, is synonymous with upscale urban living. The team completed The Rise Flagler Village in Fort Lauderdale last year. Encore has also opened multi-family communities under The Rise brand in Portland, San Francisco and Los Angeles.
Plantation Walk is emerging as a downtown-style destination encompassing the ingredients of a true, walkable development that will become “Main Street Plantation.” Entertainment and lifestyle options will include 135,000 square feet of unique shops and a variety of quick-service and fine dining restaurants. Winding throughout the property are pedestrian-friendly outdoor seating, walkways and green spaces creating a vibrant workday and after-hours destination ideal for any employer and its workforce.
The 177,000-square-foot Class A office building is home to the Fortune 50 Company, Aetna as well as a number of other businesses. It is currently 95-percent leased.
The 263-room recently upgraded Sheraton Hotel on-site currently offers full conference, ballroom and catering facilities, as well as a full-service restaurant. The entire property is serviced by an on-site parking garage.
For more information, visit www.plantationwalk.com
