Wood Partners Begins Leasing at The Slate in Andover

Andover, MA — Wood Partners, a national leader in real estate development and acquisition, is now leasing units at its new multifamily community, The Slate at Andover. The 224-unit property, which was built on the former Rolling Green Golf Course, is located in the highly-desirable town of Andover. The site includes two four-story buildings, one which is now open for leasing and the other which will complete construction this summer.

“The Slate is a unique community situated just three miles from the heart of downtown Andover, offering residents a distinct communal feel where they can live, work and play,” said Carolyn Zern, vice president of development for Wood Partners. “From empty-nesters to young families to working professionals, The Slate at Andover was designed to appeal to a range of residents looking for a luxury living experience that stands out within the region.”

Interior finishes include granite countertops, subway tile backsplashes, stainless steel appliances and wood cabinets in the kitchens, upgraded lighting and plumbing fixtures, and wood-plank style flooring, offering residents a sophisticated backdrop for living. Bedrooms include expansive walk-in closets with custom organization systems, and both residential buildings include a fitness center with cardio and weight-training equipment.

 Designed to foster a strong sense of community, the property includes a separate clubhouse with a clubroom, business rooms and gaming area, a heated salt-water swimming pool, and an expansive patio with outdoor grills and fireplace. The property also has a dog run, a custom-built playground and sports courts.

 Located 2.7 miles from central Andover and less than 45 minutes from downtown Boston, The Slate offers quick access to I-93, connecting residents to excellent local schools, several major employers and surrounding dining and retail in the greater Andover region.

 “Given its excellent location, top-grade interiors and superior amenities, we are consistently attracting a range of audiences from singles who value top-of-the-market finishes and amenities and easy access to Boston, to young families who are looking for a sense of community and space, as well as empty nesters who are ready to downsize from their houses, but still desire to stay in the beautiful environs of Andover,” said Zern.

Construction of the second residential building is scheduled for completion by summer 2016.

Wood Partners to Develop 33 Story Tower in Chicago

Chicago — Downtown’s high-rise boom is set to keep on rolling in the hot South Loop neighborhood as a new 33-story, 496-unit apartment tower dubbed Alta Roosevelt is expected to soon rise at the vacant lot at 801 S. Financial, located just south of Polk Street and west of the Metra rail tracks. The property’s previous owners included McCaffery Interests, the same group originally behind the construction of the mixed-use Roosevelt Collection development located just south of the planned rental tower.

Refreshingly, a portion of the development’s 348 parking spaces will be located below grade with the remaining spots slated for a relatively small three-story podium topped by a pool and amenity deck.