Wood Partners Announces Groundbreaking of Alta Wren in Cary, N.C.

Wood Partners, a national leader in multi-family real estate development, announced today the groundbreaking of its newest luxury residential community – Alta Wren – in Cary, North Carolina. Construction is underway, and the community is scheduled to open in the summer of 2021.

Located five minutes south of Research Triangle Park, the new community will provide residents a convenient living location with phenomenal access to employers, top-tier public schools and abundant recreation and entertainment options.

Research Triangle Park, the largest research park in the United States, is home to more than 250 businesses and 50,000 technology and life sciences jobs. Major companies in the area include IBM, Credit Suisse, Cisco, Biogen and Lenovo.

“Our hope is this new community will provide the highest quality of living in a location convenient to everything the Triangle region has to offer,” said Wood Partners Managing Director Caitlin Shelby. “The sustained economic growth in this region will continue to attract residents to the area, while Alta Wren’s spacious units and extensive amenities will set it apart from other existing communities.”

Alta Wren’s location provides quick access to local parks and outdoor recreation while being adjacent to multiple grocers, restaurants and retail. In addition, the project is central in the Triangle region with Interstates 40 and 540, as well as Davis Drive nearby, giving residents quick access to Raleigh, Durham and Chapel Hill.

The Raleigh-Durham International Airport is approximately eight miles northeast of the community, making this an ideal home for those who travel for business or leisure.

Once complete, Alta Wren will include 250 units with state-of-the-art amenities, including two outdoor courtyards with a resort-style pool, co-working space for residents, a fitness center with flex space, playground, demonstration kitchen, gaming and abundant space for residents to work from home.

All apartment homes will feature top-of-market finishes, including stainless steel appliances, quartz countertops, wood-style plank flooring, backsplashes, balconies and spacious interiors.

Wood Partners Announces Grand Opening of Alta NV in Henderson, Nevada

Wood Partners, a national leader in multi-family real estate development and acquisition, announced today the grand opening of its newest luxury residential community – Alta NV – in Henderson, Nevada.

At 1250 Wigwam Parkway, Alta NV offers apartment homes with high-quality finishes close to local hiking trails, parks and dining options. Set on sixteen acres, the expansive community features resort-style amenities, just twenty minutes from the Las Vegas strip and airport.

“Known for its outstanding quality of life and business climate, Henderson is the ideal location for an impressive community like Alta NV,” said Todd Taylor, Managing Director for Wood Partners. “Wood Partners is proud of our great partnership with Principal Real Estate Investors on this development, and we look forward to welcoming residents to their new apartment homes.”

The Galleria at Sunset and the upscale, mixed-use development, The District at Green Valley Ranch, provide residents with dining and shopping options nearby. Residents can also enjoy an active lifestyle hiking trails at Black Mountain, exploring Cornerstone Park and Reunion Trails Park, or at one of the numerous local golf courses. Nearby grocery store options include the popular Whole Foods Market, Natural Grocers and Sprouts Farmers Market.

The community’s location provides easy access to Interstate 515 and Interstate 215, allowing short commutes to major employers in the booming Henderson job market or Downtown Las Vegas.

High-end amenities at Alta NV include a resort-style swimming pool with in-water seating and a tanning deck, an outdoor entertainment space fitted with a grilling station and shaded terrace. The expansive club room, community speakeasy bar and golf simulator lounge will facilitate social gatherings, while the 24/7 athletic center features Precor and TRX equipment. The community also has outdoor green space, an on-site pet park and private micro-offices.

Alta NV offers 347 units in a combination of one- and two-bedroom floor plans. Each apartment home features top-of-the-line kitchen finishes, including stainless GE Energy Star appliances, quartz countertops and custom-patterned tile backsplash. All homes have a full-size, in-unit washer and dryer, and walk-in closets, alongside wood-style flooring.

Property management will be provided by Wood Residential Services. Leasing is currently underway at www.livealtanv.com.

Wood Partners Announces Groundbreaking of Alta Davis in Durham, N.C.

Wood Partners, a national leader in multi-family real estate development, announced earlier today the groundbreaking of its newest luxury residential community – Alta Davis – in Durham, North Carolina. Construction is now underway, and the community is scheduled to open in late 2021.

Alta Davis is located minutes away from Research Triangle Park (RTP), the largest research park in the United States. Residents will have easy access to more than 250 businesses and 50,000 technology and life sciences jobs. The site is also in close proximity to the Imperial Center Business Park and Perimeter Park, two other employment hubs that contribute approximately 14,000 additional jobs to the area.

“We are excited about the opportunity to bring a residential community of the highest quality into this submarket, accommodating the growing number of new jobs in the region,” said Wood Partners Managing Director Caitlin Shelby. “We know this community will provide residents with easy access to work while giving them a comfortable neighborhood feel when they come home.”

Aside from the booming job market, Durham is famously home to Duke University, itself a major employment and research hub. Duke recently announced a $100 million investment in RTP for an expansion of their School of Medicine, in addition to several private sector investments in the wake of the Covid-19 pandemic.

More than just a college town, the American Tobacco Campus and a contemporary brewery scene add to Durham’s cultural side, while nearby local parks, including Sarah P. Duke Gardens and Eno River State Park, offer residents the chance to easily explore the outdoors.

Easily accessible transportation nearby includes Interstates 40, 540 and NC-147, which provide unparalleled access throughout the Triangle region. Each highway is accessible within a few minutes from the new community.

Alta Davis will offer a conveniently located community with large apartments and abundant amenities. Once complete, Alta Davis will include 403 units across seven buildings, each four stories. All units will be elevator-served and will include high-quality finishes and amenities such as quartz counters, tile backsplash and hardwood-style flooring. On-site amenities include a coffee bar, game room, high-tech fitness center, and saltwater swimming pool in addition to abundant co-working space.

Wood Residential Services Celebrates Partnership With The Statesman Group to Manage Their Newest Community, Montreux, in North Phoenix

Wood Residential Services, a national leader in multi-family real estate management, announced today its exclusive contract to manage the recently completed luxury apartment community – Montreux – in the Desert Ridge area of North Phoenix.

Wood Residential Services has entered an agreement with The Statesman Group, the developer of Montreux, to serve as the exclusive third-party management company for the community, which is leasing 335 recently completed units to residents. This newest asset will join the Phoenix portfolio under the leadership of Wendi Cooley, Regional Vice President for Wood Residential Services who has more than 20 years of experience in this market.

“I’m thrilled to bring the WRS operational philosophy to this partnership and genuinely excited to make a positive impact,” Cooley said.

“We are excited for this partnership with The Statesman Group to manage the impeccable Montreux,” said Steve Hallsey, Managing Director for Wood Residential Services. “As WRS continues to grow, providing stellar customer service and maximum return on investment, strong third-party contracts like this one allow us to welcome more residents into our family.”

Montreux features 335 units in one-, two- and three-bedroom floor plans. The condo-quality build stands out in the Desert Ridge, North Phoenix and North Scottsdale areas. Montreux is highly amenitized with two resort-style pools, smart-home features with one-gig WiFi in each apartment, elevator access in all buildings, underground parking and garages, an on-site golf simulator, and top-of-the-line in-unit finishes.

“It gives us great pleasure to welcome WRS to our wonderful community. For years we have toured many Wood Partners Communities and we have consistently found that WRS and Statesman are equally committed to meeting the highest standards of our valued residents. WRS is highly respected in the industry which made this transition seamless,” said Alana Mann, President and Owner of The Statesman Group.

Montreux, located at 5550 E Deer Valley Dr., is in close proximity to a wide range of activities. The community is a short distance from Desert Ridge Marketplace and walkable to High Street outdoor mall, both of which feature trendy dining, retail and entertainment opportunities. Residents can easily access the coffee shops and boutiques of Kierland Commons or the Scottsdale Quarter and active leisure spots in Cave Buttes Recreation Area or Camelback Mountain, all of which are just a short drive away.

The new community is a few miles from the burgeoning economic hub of North Scottsdale and is close to the 90-acre North Phoenix campus of American Express. Montreux is also less than a mile from the world-renowned Mayo Clinic Hospital, itself a bustling jobs center. Nearby State Routes 101 and 51 provide connectivity to the entire Phoenix megaregion, while the Desert Ridge location ensures a relaxed environment for residents to return home to at the end of the day.