OAKLAND PARK, Fla.--(BUSINESS WIRE)--Building Better Communities, Inc. and Pinnacle Housing Group, LLC hosted a ribbon cutting celebration to mark the grand opening of Oakland Preserve, the new multi-family, 80-unit affordable housing community located at 3600 Oakland Preserve Way (N.E. 2nd Avenue) in Oakland Park.
“With affordable housing at a premium in South Florida, we are proud to offer rental rates at Oakland Preserve that are substantially lower than market rate,” said Michael Long, president of the board of directors of Building Better Communities. “Oakland Preserve exemplifies our commitment to delivering vibrant communities that give residents peace of mind. This county needs more affordable and attainable workforce housing, and Building Better Communities is prepared to meet that need.”
Oakland Preserve is green-certified and each building is smoke-free. Each apartment features a fully-equipped kitchen, energy-saving appliances, durable finishes and hurricane-impact windows and doors. Residents can also select energy efficient washers and dryers at a reasonable extra cost. Energy efficiency in the design, materials and appliances provide a high quality, affordable housing option for the local workforce.
“This is the third successful collaboration between Pinnacle Housing Group and Building Better Communities,” said Timothy Wheat, regional vice president of Pinnacle Housing Group. “In all three developments, we worked together to provide housing indistinguishable from market-rate housing. The result has been tremendous market acceptance.”
Oakland Preserve amenities include a fitness center, playground, indoor children’s play area, cyber lounge, on-site maintenance, 24-hour property management and other resident-friendly features, such as spacious shared common areas offering shaded patio seating, a grill and ample recreational space that overlook a community lake with a decorative spray fountain.
“The business community within Broward County appreciates our work in the field of workforce housing. It is vital that we continue to collaborate with community partners, like Pinnacle, to meet the need for high quality workforce housing and a neighborhood feel that communities desire,” said Ann Deibert, assistant secretary of Building Better Communities. “Through public and private-sector partnerships, we are creating and implementing innovative solutions that stabilize families, preserve neighborhoods and are essential to the County’s economic vitality.”
This is the second Building Better Communities affordable housing community to open in Broward County this year. Manors at Middle River in Fort Lauderdale opened in May.
For more information, contact 855-264-7188 or oaklandpreserve.pmiflorida.com.
About Building Better Communities, Inc.
The not-for-profit Building Better Communities, Inc. (BBC) operates as a perpetual community improvement company and engages the Broward County Housing Authority (BCHA) to coordinate development, planning, construction, and operations. Since its inception BBC has assembled financial and professional resources in order to build, buy, and manage desirable residential living options throughout Broward County. BBC is dedicated to merging quality with affordability in its housing model and has become a well-regarded “resident centric” and responsive landlord.
BBC, as a "values" based enterprise, operates without local or state tax dollars and addresses local affordable housing deficits. BBC pledges to preserve the assets it has assembled to assure vibrancy and opportunity for the residents in all the communities the organization serves.
About Pinnacle Housing Group, LLC
Established in 1997, Pinnacle Housing Group is a full-service real estate development company committed to solving the critical need for high-quality housing attainable for working families and seniors in the Southeast United States' urban centers, suburban areas and rural communities. The Pinnacle principals develop, build, lease and own affordably-priced and luxury-styled apartment homes through Pinnacle and various affiliates. With a development portfolio surpassing 8,000 units concentrated in Florida, Mississippi and Texas, the Pinnacle family of developers have grown responsibly into some of the most successful and productive developers of workforce housing in the United States. Pinnacle’s home office is based in Miami.
