Month: March 2021

LONGWOOD, Fla., March 15, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta Longwood – in Longwood, Florida. Leasing is underway at https://www.altalongwood.com/.

Located at 881 W. Warren Avenue, Alta Longwood is less than one-half mile west of Historic Downtown Longwood and just 20 minutes northeast of Downtown Orlando via Interstate 4. The community is conveniently situated at the heart of the area’s employment and retail centers in neighboring Altamonte Springs, Lake Mary/Heathrow and Maitland/Winter Park, while offering residents all the perks of small-town living with its top-rated schools, abundant green spaces and neighborhood feel.

Alta Longwood’s 263 elevator-served units feature best-in-class finishes, including stainless-steel kitchen appliances, side-by-side refrigerators with water and ice dispensers, front-control, glass-top cooking ranges, soft-close kitchen cabinetry with under-cabinet lighting, premium white quartz countertops in kitchens and baths, white herringbone kitchen tile backsplash and wood-inspired plank flooring in spacious studio, one-, two- and three-bedroom floor plans. Upper floors feature screened balconies while ground-floor residences offer either private fenced yards or direct, gated-access to private courtyards. Finally, the gated community provides residents the convenience and security of enclosed, controlled-access building corridors and electronic door locks at unit entries.

Resident amenities are similarly abundant and include a resident clubhouse/lounge with free Wi-Fi throughout, a private study, library and conference rooms, and a game room with a pool table, shuffleboard and foosball. The community also features a high-tech fitness studio with a variety of cardio equipment, free weights and a separate virtual yoga/spinning room. Three private resident courtyards overlook a scenic pond feature, the trophy of which includes a resort-style swimming pool with a sundeck, private cabanas, gas grills, a fire pit and an outdoor covered pool pavilion.

Additionally, residents will have access to an automated “smart” package room with dry cleaning lockers and cold storage for perishables as well as storage units, a bicycle storage room and private detached garages. The community is also pet friendly, with an outdoor pet washing pavilion, a leash-free pet park and dog fountain.

“Alta Longwood is an ideal place to call home for those seeking a family- and community-oriented location with a quaint neighborhood feel,” said Bryan Borland, Managing Director at Wood Partners. “With its excellent schools, nearby parks, stable employment base and convenient transportation network, Longwood offers a comfortable and desirable lifestyle.”

The community is walkable to Longwood Station, served by SunRail – Central Florida’s commuter rail – connecting to stations in Maitland, Winter Park, Downtown Orlando, and Kissimmee. It is also just steps from Orlando Health South Seminole Hospital, a full-service medical/surgical community hospital. Longwood also features some of the best schools in the area, including nearby Lyman High School – one of the top public high schools in the state.

Reiter Park, a newly updated 7-acre community park that includes a playground, walking paths, tennis and basketball courts, a fishing dock and amphitheater is less than one-half mile walk away. Additionally, nearby grocery, retail and restaurant choices within walkable range offer residents the convenience of small-town living just steps outside their modern community.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.

LEANDER, Texas, March 15, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the groundbreaking of Alta Leander Station, its newest luxury residential community in Leander, Texas, just north of Austin. Construction is underway and the community is scheduled to open in Summer 2022.

Located at 348 Main Street, Alta Leander Station will feature 276 units with best-in-class amenities and finishes. Apartment interiors will include Whirlpool® stainless steel appliances, granite countertops, tile backsplashes, 42″ cabinets, designer plank flooring and full-sized washer and dryers. Floor plans will include a mix of one-, two- and three-bedroom apartment homes.

The future community will offer a range of high-end resident amenities including a clubroom for lounging, a state-of-the-art fitness center, a business center and conference room and multiple spaces for entertaining. There will also be a resort-style pool, an outdoor kitchen, and a dog park. All common areas will offer wireless connectivity and the latest audio and visual technology.

The new community will be ideally positioned along Austin’s path of growth to the north and is just off Highway 183, providing easy access to the nearby residential communities of Cedar Park and Round Rock. The property is directly adjacent to the CapMetro Station, the commuter rail that runs from Leander to Downtown Austin, giving residents the convenience of transit-oriented living.

Northline, Leander’s new downtown district, is located just north of Alta Leander Station. The 115-acre development is situated around Leander’s Transit-Oriented Development core at the northernmost end of the MetroRail line. The development is currently under construction and once complete will feature restaurants, retail, homes, offices, hotels, and public gathering spaces.

Alta Leander Station will be within walking distance to Austin Community College’s new 117,000-square-foot campus. It is also located near Christine Comacho Elementary School, Leander Middle School and Tom Glenn High School, which are all a part of the highly-rated Leander Independent School District.

Convenient retail destinations close to Alta Leander Station include H-E-B, Target, Costco, Nordstrom Rack, Academy, Whole Foods and Dick’s Sporting Goods. Also nearby is the St. David’s Healthcare Hospital and Emergency Center.

“With its dynamic population growth, abundance of employment, and numerous entertainment opportunities, the Leander area is an attractive location for a wide range of potential residents,” said Bart Barrett, Managing Director at Wood Partners. “Whether you’re a young professional or a young family, Alta Leander Station offers residents a superior community in one of the fastest growing cities in the country.”

Not only is Austin a desirable location for people to live, it’s also an increasingly desirable location for businesses. Austin was named the #1 job market in 2020 by The Wall Street Journal and has experienced unprecedented employment growth in the past decade. Major companies that have recently announced or launched new operations in the Austin area include Apple, Tesla, Applied Materials, Oracle, Amazon and Samsung. Additional technology companies that have helped Austin earn the nickname “Silicon Hills” include Dell, IBM, Intel, AMD and National Instruments.

Directly south of Leander, Apple is developing a brand new, 3-million-sqaure-foot campus that is set to open in 2022. This new campus will initially house 5,000 employees with the capacity to grow to 15,000. The site will also include a 192-room hotel and 50-acre nature and wildlife preserve. Just south of Leander is one of Austin’s most prominent fixtures, The Domain, an upscale outdoor mall that offers a variety of shops, dining, department stores, a cinema and a Topgolf.

According to a United States Census Bureau report describing national growth trends among cities in the last decade, Leander ranks as the nation’s fastest-growing city of 50,000 or more in population between 2018 and 2019.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.

DALLAS, March 10, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta Midtown Park – in Dallas, Texas. Leasing is currently underway at altamidtownpark.com.

Alta Midtown Park features best-in-class amenities and finishes that will provide an A-class living experience, setting the community apart in the market. The community’s 307 units include a mix of studio, one- and two-bedroom floor plans that feature granite countertops, modern cabinetry, and spacious closets.

Amenities include a resort-style pool with tanning ledges, an outdoor kitchen area, an expansive fitness center with high-quality equipment, a conference room with state-of-the-art A/V technology and a fifth-floor, indoor-outdoor sky lounge with a beautiful view of Downtown Dallas.

“Alta Midtown Park is in a prime location that will put residents at the center of everything the Dallas region has to offer,” said Ryan Miller, Managing Director for Wood Partners. “From top-of-the-line amenities to endless employment and recreational opportunities close by, this community makes for an unrivaled living experience.”

Located at 8107 Manderville Lane, Alta Midtown Park is in the growing neighborhood of Midtown Park, just north of Downtown Dallas. The site provides easy access to numerous road and transit options, connecting to jobs and entertainment across the region. Major employers in the area include Texas Instruments, Texas Health Presbyterian Hospital, Medical City Dallas, Interstate Batteries, Raytheon, and Match.com.

The community is just east of US 75 / Central Expressway, the primary North-South artery in Dallas, and is a half-mile from the Walnut Hill DART Station, which connects to the heart of the city. Downtown Dallas, with its booming economic opportunities, is just eight miles away, while the region’s two major airports – Dallas Love Field and Dallas-Fort Worth International – are both a short distance from the property.

Recreational attractions within close proximity include Top Golf, Fair Oaks Park, White Rock Lake Park, Royal Oaks Country Club, and numerous hiking and biking opportunities. Nearby Downtown Dallas offers Klyde Warren Park, the Dallas Arts District and Farmers Market, the Dallas World Aquarium and Dallas Museum of Art.

Additionally, a number of restaurant and retail options are near the community, including Preston Hollow Village, a major shopping and entertainment destination, and NorthPark Center, an upscale indoor mall with more than 200 retailers.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.

Nashville, TN, March 9, 2021 (Nashville Post) – Atlanta-based Wood Partners is set to begin construction by quarter’s end on Alta Farms at Cane Ridge in Antioch. According to a release, the 10-building, 330-unit multifamily project will include 10 carriage homes and sit on 39 acres at 3144Old Franklin Road, with Wood Partners serving as the general contractor.

Wood Partners is not disclosing what it paid for the property and the Davidson County Register of Deeds had not recorded transaction details as of publication time. An LLC affiliated with Nashville-based Elmington Capital Group was the seller, with that entity having paid about $2.54 million for the property last September, according to Metro records.

The development just south of the Hickory Hollow Parkway exit from Interstate 24 will offer walking trails, a fitness center, co-working spaces, a “resort-style” saltwater swimming pool, guest parking, a community garden, “dog-friendly” units and a dog park.

Andrew Steffens, managing director of Wood Partners’ Nashville office, said Alta Farms’ location adjacent to the 300-acremixed-use Century Farms and its soon-to-be-completed I-24 interchange are appealing. He said the company worked with Metro Councilmember Antoinette Lee, in whose District 33 the property sits, and Cane Ridge community leaders for about one year to ensure a quality project.

“Alta Farms at Cane Ridge will help address the growth of Antioch while mindfully preserving the natural beautify of the area, “Steffens said in the release. “We … worked closely with area leadership and community members to ensure a project that the community will embrace and that we can all be proud of. Our farmhouse design and amenity spaces will allow our [residents]to escape their fast-paced lives to enjoy the serenity of this beautiful rolling [site].”

The announcement comes shortly after Wood Partners recently announced it has secured financing and is set to begin construction in Metro Center on Alta Riverwalk, a 304-unit four-building apartment development (read more here). The company bill itself as the most active residential developer doing work in Nashville, with five properties with a collective 1,459 units having begun construction over the last 20 months.

Wood Partners has been involved in the acquisition and development of sites home to buildings with more than 79,000multifamily residences and a combined capitalization of more than $14.1 billion. The company owns 68 properties across the United States with a collective more than 18,000 apartment units.

In addition to Atlanta and Nashville, Wood Partners operates offices in Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Washington, D.C., and West Palm Beach.

NEWNAN, Ga., March 2, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the development of its newest luxury residential community – Alta Ashley Park – in Newnan, Georgia. Construction is underway, and the community is scheduled to open in Spring 2022.

Once complete, Alta Ashley Park will feature best-in-class amenities and interiors. The community’s 269 apartment homes will include granite countertops in the kitchen and bathrooms, undermounted single-bowl sinks, tile backsplash in the kitchen, stainless steel appliances, and luxury vinyl plank hardwood-style flooring. Floorplans will include a mix of one-, two- and three-bedroom layouts.

The community will feature a variety of amenities for residents to enjoy including a large clubhouse building with a state-of-the-art fitness center, a resort-style swimming pool with tanning ledges, outdoor fire pits and grilling areas, a dog park and dog grooming area, bocce ball and corn-hole courts. Aside from the amenities, the location itself is what truly sets the community apart. There are very few living locations in Newnan that offer renters a walkable lifestyle. Alta Ashley Park is within walking distance to a variety of shopping, dining and convenient retail destinations just outside of the community’s front door.

“After an extensive planning process, we are excited to see Alta Ashley Park come to life in such a desirable, convenient location,” said Bennett Sands, Wood Partners Managing Director. “This new community will appeal to a wide range of potential residents who are looking for a luxurious living experience while being within reach of everything Newnan and the Atlanta region have to offer. We would like to thank the City of Newnan for being a great partner to work with, and we look forward to becoming a successful asset in the community.”

Located off of Bullsboro Drive and Ashley Park Drive, the new community will be within walking distance to nearby Ashley Park Shopping Center, which features a wide range of convenient retail destinations such as Target, BJ’s Wholesale Club, Dick’s Sporting Goods, Best Buy, Belk, and dozens of dining options. The property is also just a short walk away from the LINC, a new trail system in Newnan that offers 26 miles of paved paths for walkers, runners, bicyclists, skaters and people using non-motorized vehicles.

Another draw to the city of Newnan, also called “The City of Homes”, is its reputation for having beautiful, well-preserved homes and buildings, including more than 40 recognized historic structures in the town’s six historic districts. The historic downtown square features a variety of restaurants and local businesses that add to the city’s charm. It’s also known for hosting several major events throughout the year such as its annual Christmas parade.

The future community is less than one mile away from Cancer Treatment Centers of America (CTCA) and three miles away from Piedmont Newnan Hospital and Yamaha Motor Manufacturing Corporation, three of the top four employers in Coweta County. Other employment opportunities in the area include major distribution centers for both Amazon and Goodyear Tire & Rubber.

Additionally, the site is located just off exit 47 and Interstate 85, providing easy access to Downtown Newnan, Hartsfield Jackson International Airport, and major employment centers in Atlanta.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.

ATLANTA, March 1, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the grand opening of its newest luxury residential community – Alta East – in Atlanta, Georgia. Pre-leasing is available at http://www.livealtaeast.com with first move-ins scheduled for February 2021.

Located at 777 Memorial Drive, Suite 7000, the new community is in Reynoldstown inside the master development Atlanta Dairies which includes trendy dining and a 2,200-person capacity concert hall within walking distance of the property. The centralized location puts the community at the heart of Atlanta’s best neighborhoods including Downtown Atlanta, Old Fourth Ward, Cabbagetown, Inman Park, Little Five Points and Edgewood.

“We are excited to continue to expand our footprint in the highly-competitive Atlanta market,” said Bennett Sands, Managing Director for Wood Partners. “This new community is an extremely desirable location for people who are looking to enjoy the opportunities that in-town living offers.”

Alta East is located just off the East Atlanta Beltline Extension, a former railway corridor located around the core of Atlanta that has been transformed into a multi-use trail for people to enjoy. The community entrance is off of Pearl Street and Memorial Drive near Interstate 20 and Bill Kennedy Way SE giving residents easy access to the entire Greater Atlanta area.

The Atlanta Dairies development next-door to the community offers delicious restaurant options like Three Taverns Imaginarium, Wonderkid and Cold Brew Bar as well as a live music venue, called The Eastern. Additional recreational activities in the area include the Atlanta Zoo, Georgia Aquarium, Fox Theatre and Mercedes Benz Stadium. Convenient retail options within close proximity include a brand-new Publix, Kroger, Target, Lowe’s Home Improvement and Best Buy.

The new community includes 250 apartment homes featuring a mix of one-, two- and three-bedroom floorplans as well as studios. Alta East also offers 38 workforce housing units targeted towards essential workers in the area including teachers, firefighters, nurses and law enforcement professionals. For qualification guidelines, visit here.

Alta East features best-in-class amenities and finishes. The community’s apartment homes feature stainless steel appliances with a gas cooking range, a side-by-side refrigerator with in-door ice and water dispenser, a deep single-basin kitchen sink, quartz countertops in the kitchen and bathroom, modern matte black hardware and accessories, pendant lights and ceiling fans, full-size washer and dryers and private patios and balconies.

Resident amenities include a centerstage lounge and game room, a business center equipped with a contact-free wireless color printer, co-working and drop-in office spaces and a 24/7 fitness center and power gym. Outside, the community features a saltwater swimming pool with a Baja tanning shelf, an outdoor kitchen with gas grills, a leash-free pet park and paw spa as well as an expansive bicycle storage room and repair center.

Additionally, there is a gated parking deck with electric car charging stations, a guest entry callbox with live video and 24/7 access to a ButterflyMXTM package room.

About Wood Partners

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. The company has been involved in the acquisition and development of more than 85,000 multifamily homes with a combined capitalization of more than $15.6 billion nationwide. The company currently owns 68 properties across the United States with a combined total of more than 18,000 homes. Wood Partners has offices in 20 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, Salt Lake City, San Francisco, Seattle, Washington, D.C., and West Palm Beach.