Posted on March 22, 2021

Avanta Residential Breaks Ground For New Neighborhood at The Colony outside Austin

Avanta Residential Breaks Ground For New Neighborhood at The Colony outside Austin

Denver, Colorado – March 22, 2021 – Avanta Residential, the single-family rental affiliate of Hunt Companies, announced today that the firm broke ground on 216 rental homes at The Colony near Austin, Texas. 

“We’re pleased to add this product-type to The Colony,” said Rick Neff, General Manager of The Colony.  “As a premier master-planned community, we are continuing to add to the variety of home types to appeal to a broad range of the population.”

Avanta plans to develop the neighborhood and will deliver more than 200 single-family lots at the corner of Sam Houston Drive and FM 969 within The Colony, a 2,300-acre master-planned community. The Avanta for-rent neighborhood will include community amenities such as a clubhouse and pool, walking trails with fitness stations, open play areas, and playgrounds.

“Avanta is partnering with a top-tier homebuilder to deliver a high-quality neighborhood,” said Avanta President Jim Dobbie.  “These for-rent homes will provide an option for people who want the flexibility of renting with the feeling of home-life.”

Avanta will deliver the homes for rent in 2022. 

About Avanta

Avanta Residential is the single-family rental division of Hunt Companies, Inc. (Hunt).  Drawing on Hunt’s extensive real estate background and more than $8.5 billion in completed real estate developments, Avanta is positioned to set the standard for the industry by creating neighborhoods comprised of single-family homes for lease.  For more information, www.avantaresidential.com.