The construction works for the 144-home Marea community in Noblesville, Indiana, have begun according to Onyx+East and Pretium. The project is the second build-to-rent community developed by the Onyx+East and Pretium partnership.
It features a variety of 3- and 4-bedroom houses with connected 2-car garages. This will reportedly give homeowners the comfort and spaciousness of single-family living. Additionally, more than 20 restaurants and cafes will all be accessible to residents within a 10-minute drive.
Furthermore, Â the 1.6-mile-southeast-of-the-project Hamilton Town Center by Simon Malls is not too far from the neighborhood. In Q3 2023, the first Marea residences are anticipated to be ready for rent.
Commentary on the 144-home Marea community in Noblesville
According to Kelli Lawrence, the 144-home Marea community in Noblesville will make life easier, more convenient, and more comfortable for hundreds of inhabitants. Lawrence is the CEO of Onyx+East. He explained that Noblesville is a vibrant, expanding town with easy access to top-notch facilities and schools.
“We are happy to expand our collaboration with Pretium. The company has resources and operational know-how. We on the other hand have experience building contemporary, living houses. Therefore, I have faith that together we will provide homeowners with the chance to enjoy the advantages of the single-family lifestyle,” claimed the Onyx+East CEO.
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Furthermore, Lawrence said that the nation’s need for high-quality single-family homes is still expanding. He added that Pretium’s collaboration with Onyx+East is key to expanding the availability of these residences for their inhabitants.
“Together with Onyx+East, we are dedicated to creating, renting out, and managing communities with first-rate facilities such as Marea. We continue to invest in communities across the United States, bringing private capital to bear to expand housing options and doing our part to address the housing shortfall in our country,” said the Managing Director and Head of Build-to-Rent at Pretium, Matt Johnston.
