Wood Partners Announces Pre-Leasing at the Westerly

Wood Partners, a national leader in real estate development and acquisition, announced today that pre-leasing has begun at The Westerly at Forge Park. The 280-unit community is located off of West Central Street in Franklin, Massachusetts.

The new community was developed with a state-of-the-art fitness center, clubhouse and pool, dog park and a playground for young families to utilize. Centrally situated within walking distance of the Forge Park/495 MBTA Commuter Rail station, its location is within close reach of the employment corridor along Highway 495 and a short distance from the picturesque Franklin State Forest.

“We created The Westerly knowing that Franklin is an outstanding community and one where we could fill a need for what residents are currently seeking,” said Jim Lambert, Wood Partners’ Development Director for the Boston area. “Thanks to its stellar location and design, this community features all the elements residents prioritize in a home, and it fits perfectly within our larger portfolio.”

Residences at The Westerly are spacious, with large kitchens, quartz countertops, frameless cabinets, plank flooring, and stainless steel appliances. The living areas incorporate expansive windows, large walk-in closets, and carpeted flooring. The finish packages have 9’ ceilings.

The community will begin pre-leasing in early June 2017. For more information, visit www.thewesterlyapts.com.

Wood Partners Announces Grand Opening of New Delray Beach Community

DELRAY BEACH, Fla., May 15, 2017 /PRNewswire/ — Wood Partners, a nationwide leader in real estate development and acquisition, announced today the Grand Opening of Delray Station in Delray Beach, Florida.

The 284-unit community, known as Delray Station, is centrally located near I-95 and the Tri-Rail commuter rail line which provides convenient links to Miami, Fort Lauderdale, and West Palm Beach. Residents will have easy access to downtown Delray Beach and Lake Ida Park, including a two-mile bicycle path, two boat-launching ramps, canoeing and kayaking access, multiple playgrounds and dog parks, freshwater fishing and picnic areas. The community is also adjacent to the Delray Beach Seaboard Air Line Railway Station, the city’s first building added to the National Register of Historic Places.

Delray Station aligned perfectly with our strategic vision for Florida, and puts the area’s activities and attractions within easy reach for our residents,” said Charles Barrus, Regional Director of Wood Partners. “The community provides a perfect backdrop for the biking and pedestrian culture of Lake Ida Park, with direct access to nearby restaurants and bars — including Delray Beach’s first local production microbrewery — and allows residents to get to work easily thanks to our proximity to major highways and the rail line.”

Delray Station is comprised of seven, three-story residential buildings consisting of one-, two- and three-bedroom units. Residences include stainless steel appliances, quartz countertops and wood-look vinyl plank flooring. A large clubhouse on-site features a demonstration kitchen, fitness center and yoga studio, cyber café, resort style pool with outdoor grilling and seating areas. Active residents will also have the option of utilizing the community’s putting green and a free shared bicycle use program.

For more information, visit http://delraystationapts.com/.

Wood Partners Announces Groundbreaking of Alta Grande Development

ORLANDO, Fla., May 5, 2017 /PRNewswire/ — Wood Partners, a national leader in real estate development and acquisition, announced today that it has broken ground on a luxury residential community in Orlando, Florida. Located at the intersection of Grande Lakes Boulevard and Central Florida Parkway, the 314-unit community will offer residents easy access to some of the best that Orlando has to offer.

Alta Grande is located at the confluence of Orlando’s Tourism Corridor and its largest suburban office submarket,” said Bryan Borland, Wood Partners’ Director of North Florida. “Strategically, the site’s proximity to some of the area’s most desirable attractions and dynamic employers, including Orlando’s only Fortune 500 company headquarters, Darden Restaurants, and its largest luxury hotel complex, the JW Marriott/Ritz Carlton – Grande Lakes, made very clear sense for us.”

The community will feature an abundance of indoor and outdoor recreation areas, including a resort style, zero-entry pool with outdoor kitchen, cabanas and hammock garden. Other amenities include a Zen garden, bocce court, putting green and a large fenced dog park with a dog washing station. In addition, residents will also have access to a substantial fitness center with an adjoining yoga/spin room, as well as a club and game room on the premises.

“This community has been designed to appeal directly to our target, an increasingly discerning renter who seeks the convenience of apartment living without sacrificing the lifestyle amenities and sense of community afforded by a more traditional single-family residential neighborhood,” added Borland.

Leasing will begin in Spring 2018.

Wood Partners Announces Sale of Alta at Terra Bella in Suburban Tampa

TAMPA, Fla., May 5, 2017 /PRNewswire/ — Wood Partners announced today that it has closed on the sale of a multi-family housing community in Land O’ Lakes, Florida. The 311-unit, Class A community was purchased by Northland Investment Corporation.

Located on State Road 54 in vibrant Pasco County, a rapidly-growing suburb of Tampa, Alta at Terra Bella is situated less than three miles west of I-75 and 30 minutes north of downtown Tampa. The community is part of the 220-acre Terra Bella mixed-use development, which also includes medical office and retail uses, in addition to 253 single-family home sites. Wood Partners purchased the site in November 2014 and developed the 18.9-acre property, comprised of 14 three-story buildings and an 11,000-square-foot standalone clubhouse, from the ground-up.

Completed in 2016, the community features a zero-entry saltwater swimming pool, outdoor summer kitchen, fitness center with yoga room and children’s playroom, clubhouse with sports lounge, cyber café and conference room, an expansive dog park and dog wash facility and both detached and breezeway-access garages. The one-, two- and three-bedroom units feature expansive floor plans at an average unit size approaching 1,100 square feet, and are accentuated by top-notch finishes, including granite countertops, stainless steel appliances, island kitchens, full-size washers and dryers, walk-in closets and screened patios.

“We’ve been thrilled with the reception of Alta at Terra Bella and the opportunity to contribute to the landscape of this thriving submarket,” said Bryan Borland, Wood Partners’ Director of North Florida. “The sense of place and community that is evident at Alta at Terra Bella is a testament to our best-in-class design, construction, marketing and leasing professionals who collaborate to deliver both a top-notch resident experience and attractive returns to our investors.”