West Carroll Kissimmee Update 01/09/25

AMAC Announces Groundbreaking and Closing of a Construction Loan on a 380-Unit Multifamily Development in Kissimmee, Florida

 

 

AMAC, a national real estate developer and investor, today announced the groundbreaking of their latest multifamily development in Kissimmee. The building is being developed by AMAC, a New York based real estate development firm, and is located at the Southeast Corner of West Carroll Street and West Donegan Avenue. The development comprises 380 units and is expected to be completed in Q1 2027. The firm simultaneously closed on $74 million of construction financing in partnership with Ocean Bank and PCCP to develop the project.

 

West Carroll Kissimmee is a 3 and 4 story garden style development that will include 380 units offering a mix of one to three-bedroom apartments. Each apartment will be equipped with modern features including stainless steel appliances, stone counters, in-unit washers and dryers, and custom lighting and plumbing features. The clubhouse will offer its residents a suite of luxury amenities including a professional gym, pool, outdoor lounge, club room, private offices for resident use, grilling stations, pickleball courts, dog park, outdoor yoga, and a game room. The property will have detached parking garages and scenic ponds with walking paths for residents.

 

“We are excited to commence construction on Kissimmee West Carroll and believe we are delivering yet another high-quality, new rental community to a rapidly growing submarket in Orlando” said Maurice Kaufman, Managing Principal at AMAC. “This project shows our continued commitment to making investments throughout all of Florida.”

 

The Project expands AMAC’s presence in Florida to the Orlando market. AMAC has been active in developing projects in southeast Florida, including Biscayne 112, a 402-unit multifamily property located at 11200 Biscayne Boulevard, Arvella, a 290-unit multifamily property located at 17990 West Dixie Highway in Ojus, Griffin 441, a 180-unit multifamily property located at 4465 Griffin Road, and 3151-3251 N Federal Hwy in Pompano Beach, a 302-unit multifamily project targeted for groundbreaking in Q2 2025.

 

For more information about AMAC, visit the website at www.amacholdings.com

 

About AMAC
AMAC is a national real estate investor and developer with a long-term opportunistic focus in commercial real estate founded on the principles of hard work and discipline. AMAC’s entrepreneurial spirit and strong capital commitment have allowed for the successful execution on a wide variety of investment opportunities. For more information, contact Jeremy Forman at JForman@AMACHoldings.com.

 

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