New Fort Wayne renter neighborhood completes construction, opens doors
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
Officials in Fort Wayne will cut the ribbon Wednesday to celebrate the completion of a neighborhood featuring 250 new single-family rental homes.
Developer Next Chapter Neighborhoods constructed Dupont Meadows with a $57 million investment based on a concept popular in the southeastern U.S. The houses are meant for renters and cater to a population of Americans who decide to rent but don’t want to live in an apartment.
The neighborhood looks like any other suburban area; it has sidewalks, lampposts and front porches. The houses have one to four bedrooms and include vaulted ceilings, granite countertops and a garage. There’s room to build community in shared spaces like an outdoor kitchen, pool, pickleball courts and fitness center.
“When we started, single-family-for-rent was a very new concept,” said Shane Malek, executive vice president at Next Chapter Neighborhoods, in a news release. “The success of our neighborhoods, and the fact that more and more build-to-rent projects are coming to market, has proven it was a good idea.”
Next Chapter Neighborhoods has built housing in North Augusta, South Carolina, and the suburbs of Savannah, Georgia.
Over 150 people worked on the project’s construction.