Each year the Southwest Florida Apartment Association (SWFAA) holds an award night for apartment owners, management companies, and team members. In total, 20 multifamily companies were represented at the event, with countless team members from an array of companies nominated for individual awards. Continental took home the Multifamily Management Company of the Year award!
At Continental, as at most companies, we use the term 'Best and Brightest'. We are the Best and Brightest, we hire the Best and Brightest, we are constantly in search of the Best and Brightest. However, those are empty words until it is proven. Continental proves, on a daily basis, that we truly have the Best and Brightest, and today is no different.
We are pleased to announce that Springs at Tapestry has reached stabilization. Reaching stabilization in late October, Springs at Tapestry is three months ahead of our scheduled proforma.
We are pleased to announce that Springs at West Chester has reached stabilization. Featuring 308 apartment homes, Springs at West Chester is located 20 minutes north of downtown Cincinnati, Ohio. Municipal requirements brought out our Best and Brightest mantra that had our teams back to the drawing board to redesign our prototypical buildings to incorporate urban design elements, including a flat roof and 42 lofted units into our development.
We are pleased to announce that Springs at McDonough has reached stabilization. Featuring 268 apartment homes, Springs at McDonough offers many amenities including a 24-hour fitness center and resident lounge, a large pool deck, and a great grilling area.
There are thousands of multifamily owners and developers. However, only a handful of companies develop, own, and operate their apartment communities; Continental is one such company. In 2017, Continental developed 3,140 apartment homes making us the 8th largest developer of apartment homes in the nation.
We are pleased to announce that Springs at Hurstbourne in Louisville, KY has reach stabilization. The 284-apartment home community has great access to I-64 for people looking to commute to downtown Louisville.
We are pleased to announce that Springs at Round Rock has reached stabilization. This community is one of ten Springs communities in Texas, bringing the total home count to 2,593. Featuring 260 apartment homes, Springs at Round Rock offers a 24-hour fitness center and resident lounge, enlarged pool deck, and a great grilling area.