Canvas Residential, Kelley Properties plan 141-home rental community in Bermuda Run

Canvas Residential Partners and Kelley Properties will build Wellstead at Kinderton Farms, a 141-home build-to-rent community in Bermuda Run, North Carolina. The project brings luxury rental homes, wellness amenities and access to major healthcare and employment centers, with site work expected to start in September 2026 and first deliveries in spring 2028.

Why it matters: - Wellstead at Kinderton Farms adds another purpose-built rental option in the Triad with the privacy of single-family living and the flexibility of renting. - The project is designed around wellness, walkability and access to healthcare, which could broaden appeal for renters in Bermuda Run and the greater Winston-Salem area. - The community also extends Canvas Residential Partners’ Southeast rental platform beyond its existing portfolio.

What happened: - Canvas Residential Partners and Kelley Properties announced Wellstead at Kinderton Farms, a 141-home build-to-rent community in Bermuda Run, North Carolina. - The plan calls for 128 townhomes and 13 detached single-family homes. - Site work is expected to begin in September 2026. - The first homes are scheduled for delivery in spring 2028. - Leasing is expected to begin before the first homes are delivered. - Residents are expected to move in as homes are completed.

The details: - Townhomes will range from 1,200 to 1,700 square feet. - Townhomes will include two to four bedrooms and a two-car garage. - Some townhomes will include private backyard space. - Detached single-family homes will range from 1,900 to 2,100 square feet. - The single-family homes will have four bedrooms and a two-car garage. - Design and finishes will be similar to other Canvas communities, including Marglyn at Matthews. - The clubhouse and leasing center will overlook a lake and serve as the neighborhood centerpiece. - Planned amenities include a wellness center, swimming pool and resident lounge. - Additional features include a dog park, sidewalks throughout the neighborhood and outdoor spaces. - The layout is intended to create a walkable residential environment centered on health, recreation and community. - The location will provide access to major employment, healthcare and commercial destinations across Bermuda Run, Davie County and the Winston-Salem area. - The site will offer convenient connectivity to Atrium Health Wake Forest Baptist Davie Medical Center near the Interstate 40 and N.C. 801 interchange. - The community will also connect to the broader Atrium Health Wake Forest Baptist medical system in Winston-Salem. - Mike Kelley, a longtime commercial and residential developer based in Winston-Salem and Bermuda Run, said the project has been in development for the past three years. - Kelley said the team focused on entitlements, sewer capacity and relationships with local officials and stakeholders. - Creighton Call, managing partner of Canvas Residential Partners, said Bermuda Run’s quality of life, outdoor amenities, regional connectivity and healthcare access made it a strong fit for the project.

Between the lines: - The development reflects continued demand for professionally managed rental housing that looks and feels more like ownership housing. - The emphasis on wellness and healthcare access suggests the project is aimed at renters who want suburban living without giving up amenities or convenience. - The long entitlement process indicates the project needed substantial local coordination before construction could move forward. - Wellstead also gives Canvas another flagship community as it scales a portfolio that already includes 15 capitalized and constructed communities. - Those existing communities represent more than $500 million in construction and about 2,000 homes.

What's next: - Kelley Properties and Canvas Residential Partners will move from planning into site work in September 2026. - Leasing will ramp before move-ins begin. - Home deliveries are expected to start in spring 2028. - The project will continue expanding Canvas Residential Partners’ purpose-built rental footprint across the Southeast.

The bottom line: - Wellstead at Kinderton Farms is positioned as a premium rental neighborhood that blends suburban privacy, wellness amenities and access to regional healthcare and employment centers.