Kinward at Spencer Glen, a 172-unit build-to-rent community in Riverview, has begun leasing its first 48 homes. The Hillsborough County development is still under construction, but early renters can now choose from three- and four-bedroom townhomes with garages and screened-in lanais.
Key takeaways
- The first 48 homes at Kinward at Spencer Glen are now available for lease.
- The completed community will include 172 townhomes near U.S. Highway 301 and Big Bend Road.
- Current rents start at $2,399 per month for a three-bedroom home and $2,949 for a four-bedroom home.
- The project is the first community launched by Eisenhower Property Group’s Kinward Living division.
The initial leasing phase gives prospective residents access to only a portion of the planned community. Additional homes are expected to become available as construction progresses toward completion late next year.
New rental option takes shape in Riverview
Kinward at Spencer Glen is located at 10040 Blackstone Creek Court, near two major transportation corridors in the Riverview area. The development is designed as a neighborhood of rental townhomes rather than individually owned residences, a model that has expanded across growing Sun Belt markets.
When finished, the community will offer 172 homes with three- and four-bedroom layouts. Every unit is planned to include a garage and a screened-in lanai, features aimed at providing more space and privacy than a typical apartment-style rental.
Pricing and floor plans
The homes currently being marketed range from 1,586 to 1,788 square feet. The listed starting rents are:
| Home type | Approximate size | Starting monthly rent |
|---|---|---|
| Three-bedroom | 1,586 square feet | $2,399 |
| Four-bedroom | 1,788 square feet | $2,949 |
Actual availability and pricing may change as more units are completed and leased. The current offerings give renters seeking larger homes an alternative to traditional multifamily apartments in the Riverview market.
First project for Kinward Living
The Riverview community is the first project to open under Kinward Living, the build-to-rent division of Tampa-based Eisenhower Property Group. The company says Kinward Living has approximately 2,000 units under development across the South, indicating plans to expand beyond its initial Hillsborough County community.
Another project, Kinward at Two Rivers, is scheduled to open in Pasco County later this year. Together, the developments represent the company’s entry into a regional build-to-rent market where professionally managed townhomes are being added alongside conventional apartment communities.
What comes next
Leasing will continue while construction proceeds at Spencer Glen. Once all phases are complete, the community is expected to provide a larger pool of rental townhomes for families and other renters who want multi-bedroom layouts, attached garages and private outdoor space without purchasing a home.
Sources
- 172-unit Hillsborough build-to-rent community leasing first units, Business Observer.