Pedcor has two apartment communities that are under construction and acquired this month. Learn more about these apartment communities and our construction division by reading below.
Now Under Construction Apartment Community!
A new apartment community, Broad River Village, is under construction in Port Royal, South Carolina as a collaboration between Village Capital Corporation and Pedcor Homes Corporation, along with co-developers Bennett & Reindl, LLC. The first two phases of Broad River Village, both currently under construction, will total 280 units, and the site allows for a future third phase. The apartment units will be available to residents with incomes at 50%, 60%, and 80% of the area median income and the community will also have market-rate apartments. The property’s ideal location is between two popular destinations, Hilton Head and Charleston, SC in a charming area with a strong employment base. The apartment community will provide affordable housing in a heavily tourist-driven area.
The design of the community is a Low Country aesthetic with building elevations that feature three-story units in the middle of the building and two-story units on the building ends. The site plan was designed around not disturbing a major, live oak tree. The apartment floorplans include studio, one-bedroom, two-bedroom, and three-bedroom designs. The apartments will feature washer/dryer hookups, private storage, central air conditioning, a front and rear private patio/balcony, and much more. The community amenities include a clubhouse, fitness room, business center, dog park, playground, sport court, walking paths, outdoor gas fireplace, resort-style swimming pool, and more.
Anthony Gary, Assistant Vice President, commented that “this community will give its residents the opportunity to live closer to where they work and play, and that ultimately represents an improved quality of life. I’m proud of the way our team has positioned this project to take advantage of the natural features on this site and emphasize the benefits of Low Country living.”
Apartment Community Construction Division
Pedcor is a full-service development, construction, property management, banking and finance team. Signature Construction broke ground for Broad River Village in January of 2021. Signature Construction’s multi-family division is an in-house construction group for the Pedcor family. The division acts as our General Contractor on all multi-family apartment communities throughout the United States. Since its inception, in 1986, Signature has helped develop and construct over 16,000 multi-family housing units in 16 states. Signature’s Construction and Plan Production teams work closely with Pedcor’s Development and Engineering departments to facilitate a total turnkey construction package. As an industry leader in multi-family construction, Signature Construction, LLC has the experience, expertise, and proven track record to produce quality, timely, energy-efficient, and cost-effective projects anywhere in the country.
The Latest Apartment Community Acquisition!
An incredible new addition to the Pedcor Homes family, Riverwood Apartment Homes!
Riverwood Apartment Homes has been acquired by Pedcor Homes Corporation! The 130-unit apartment community is in Crestview, Florida, which is located 30 minutes north of Ft. Walton Beach and Destin. The apartment buildings are nestled among the lush, sloping hills on over 7 wooded acres. Riverwood offers an extraordinary sense of solitude in a naturally peaceful setting. There one- and two-bedroom floorplans offer a private patio/balcony with scenic views. The two-story clubhouse pictured above is one of the varieties of community amenities and includes a dry sauna, fitness center, business center, and more. Other community amenities include a bark park and basketball/sport court.
Pedcor is continually expanding through acquisitions and newly constructed apartment communities. We are eager about the opening of Broad River Village and our other under-construction properties that are anticipated to be completed next year. Riverwood Apartment Homes and Broad River Village will create more living opportunities and growth for the communities in Port Royal, South Carolina, and Crestview, Florida.
Pedcor Companies is a full-service development, construction, property management, banking and finance team committed to creating stable, inclusive, and quality rental housing across the nation. We are cultivating thriving communities. For more information, please visit our website.
Pedcor supports the federal fair housing act and all state and local laws prohibiting discrimination in housing with regard to race, color, religion, national origin, sex, familial status, handicap, creed, sexual orientation, gender identity, and lesbian, gay, bisexual, transgendered (LGBT+) individuals. Pedcor is an equal opportunity provider and employer.