Month: April 2021

GRESHAM, Ore., April 26, 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 Civic Station – in Gresham, Oregon. Leasing is currently underway at altacivicstation.com.

Alta Civic Station features best-in-class amenities and finishes. Delivering in phases over the coming months, the community’s 318 units include a mix of one- two- and three-bedroom apartment homes as well as studios and live-work townhome-style units. Residents will enjoy a community room with kitchen and social areas, a state-of-the-art fitness center, co-working and meeting areas, and ground-floor retail. The property also includes a half-acre public plaza adjacent to the Civic Drive MAX Light Rail station that features outdoor gathering spaces and a children’s play area.

“Alta Civic Station is perfectly positioned on the east side of the Portland Metropolitan Area, enabling easy access to everything the region has to offer,” said Michael Nagy, Managing Director for Wood Partners. “Gresham has increasingly become one of the top submarkets in the greater Portland area for renters and businesses and offers residents a dynamic urban lifestyle while retaining small-town charm.”

Located at 1699 NW Civic Drive, Alta Civic Station is in the thriving Civic neighborhood in the heart of Gresham, a suburb of Portland. The property is less than a 25-minute drive from downtown, providing easy access to the wide range of employment and cultural opportunities the region has to offer. The community is also close to the Portland International Airport, offering residents easy traveling accessibility.

Major employers in the area include Boeing, US Bank, Subaru, Wells Fargo, Nike, Intel as well as a variety of other companies in the automotive, medical, manufacturing and technology industries. Additionally, Alta Civic Station is a short drive from three of the city’s large, semiconductor-manufacturing companies. For residents who prefer to commute using public transit, multiple nearby MAX Light Rail stations connect the community to employment centers across the region.

The city of Gresham has 942 acres of open space and 23 parks, making it an optimal location for residents looking to combine high-quality, modern living with an active environment. Nearby access to Mount Hood and the Columbia River Gorge presents an endless variety of outdoor activities to take advantage of. The property is also close to Gresham Station Shopping Center, providing an array of shopping and retail offerings.

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.

GILBERT, Ariz., April 21, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development and acquisition, recently closed on a new property located in the heart of the 650-acre master-planned community of Cooley Station in Gilbert, Arizona. Once complete, the new community – Alta Cooley Station – will include 248 apartment homes comprised of studio, one-, two-, and three-bedroom floor plans. This community is slated to open in Q1 2022.

Alta Cooley Station will feature best-in-class amenities and finishes that will set the community apart in the market. Each apartment home will include wood-plank style flooring, modern cabinetry with quartz countertops, backlit bathroom mirrors, and Whirlpool® appliances including a selection of side-by-side and French door refrigerators.

Community amenities for residents to enjoy will include a resort pool with tanning deck, a state-of-the-art fitness center and micro-fitness rooms with Echelon Reflect Mirrors. Other amenity highlights will include a speakeasy lounge, co-working conference and micro-office spaces, and a sunset rooftop terrace featuring soft seating and televisions.

“We are thrilled to play a small part in shaping the future of the Town of Gilbert and specifically Cooley Station,” said Clay Richardson, Managing Director and 20-year resident of Gilbert. “Gilbert’s future is incredibly bright.”

Located south of Recker Road, the new community will be centrally located in one of Gilbert’s most desirable neighborhoods, Verde at Cooley Station. This master-planned, mixed-used community will feature a variety of new retail, restaurant and office amenities, offering the residents of Alta Cooley Station a walkable lifestyle within a work, play, live destination.

The Verde community will also feature public murals and colorful neighborhood graphics, large-scale sculptures in the public spaces, a green space and a children’s play area. A programmed performance venue will host a variety of events throughout the year for residents to enjoy.

Gilbert is located just outside of Phoenix with easy access to surrounding areas via US Interstate 60 and Loop 202.  A future rail line will also give commuting residents quick access to the downtown areas of many metro-area cities. Major employers across the region include Intel, Boeing, Lockheed Martin, and the Arizona State University Polytechnic Campus. The greater Valley is also home to a variety of outdoor destinations, including Camelback Mountain, Desert Botanical Garden, South Mountain Park & Preserve and numerous golf courses.

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.

WAYLAND, Mass., April 19, 2021 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development, announced today the groundbreaking of its newest luxury residential community – Alta at River’s Edge – in Wayland, Massachusetts. Construction is underway and the community is scheduled to open in late Summer 2022.

Once complete, the new community will feature 218 apartment homes comprised of one-, two- and three-bedroom floorplans spread across a total of three buildings. The units will include high-end finishes and features including stainless steel appliances, smart thermostats, and large balconies.

Alta at River’s Edge will also feature a wide range of desirable amenities for the residents to enjoy including a club room and game lounge, fitness center, work from home spaces, indoor golf simulator, and pet spa. Additionally, there will be two courtyards with a pool and hot tub, fire pits, grilling stations and a resident gardening area.

“Wood Partners is very excited to finally break ground on Alta at River’s Edge,” said Jim Lambert, Managing Director. “This project has been a long time in the making and we would like to thank the Town of Wayland and the many individuals who worked so hard, well before our involvement, to lay the groundwork for it. It is a great example of a public-private partnership and what can be accomplished when municipalities work together with private developers to create much-needed housing in Massachusetts.”

Located on Boston Post Road (Route 20) in Wayland, the future community will be adjacent to the Town of Sudbury with seasonal views of the nearby Sudbury River and its marshlands that are home to protected birds and other wildlife. A future rail trail will help connect the property to nearby Wayland Town Center, Route 20 retail, Wayland Public Library and the Town of Weston. The trail will be used primarily for walking, running, and biking and will feature beautiful wildflowers and scenery.

“Alta at River’s Edge will offer a premier Wayland address, a scenic setting next to the Sudbury River, easy access to employment centers, and a highly rated school system,” Lambert continued. “We look forward to opening the doors to the community next year.”

The community is 20 miles west of Boston, providing residents proximity to numerous employment opportunities as well as recreational destinations.

For families, Wayland also offers a top-ranked school system – in a 2021 report published by Niche, Wayland was ranked the second-best public school district in Massachusetts.

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.

WASHINGTON, April 19, 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 801 – in Washington, D.C. Construction is underway and the community is scheduled to open in 2023.

Once complete, Alta 801 will feature 327 units comprised of studio, one- and two-bedroom apartment homes including premium penthouse units. The apartments will feature two designer color palettes and include stylish open living and dining areas with hardwood-inspired flooring throughout the homes. The kitchens will feature movable kitchen islands and stone countertops, upgraded stainless steel appliances, upscale cabinets, and designer tile backsplashes. All units will include full-size washer-dryers and select units will offer walk-in showers and private balconies.

The community will feature a variety of high-end amenities that will set it apart in the market, including a rooftop lounge with an indoor-outdoor bar and a wine tasting parlor featuring a beautiful view of the US Capitol and Downtown Washington D.C. Residents will also be able to enjoy two outdoor courtyards with multiple grilling areas and a pool deck with a world-class infinity-edge pool and semi-private cabanas.

Additionally, the community will include a co-working area with multiple conference rooms, a fitness center including a yoga studio as well as a pet spa, bike storage and repair center, package storage with cold storage for perishables, a guest suite, electric car charging spaces and concierge services.

“What really drove our decision to build in this location was the exceptional walkability and convenience that the community will offer to future residents,” said Scott Zimmerly, Executive Managing Director at Wood Partners. “Especially for professionals who work in Washington, D.C., Alta 801 will offer a live, work, play living experience providing easy access to all of the jobs, entertainment and local attractions the region has to offer.”

Located at 801 New Jersey Avenue NW, Alta 801 will be within walking distance to all five of Washington, D.C.’s Metro lines at various transit hubs including Gallery Place-Chinatown, Metro Center, Mount Vernon Square, Judiciary Square and Union Station. The property is also a three-block walk from Union Station, which offers additional transit options including Amtrak, MARC and VRE regional commuter train lines.

The community will offer additional walkability to world class retail, entertainment and nightlife attractions, including Capital One Arena, CityCenterDC – offering high-end retail and restaurants, and the Shaw/14th Street neighborhoods that feature numerous restaurants, bars and nightlife options.

Additionally, the community will be on the eastern edge of the Mount Vernon Triangle neighborhood which is known for its unique mix of historic and modern buildings, diverse cultures, restaurants and experiences. Also close by is Capitol Crossing, a 2.2-million-square-foot mixed-use development that will feature a variety of retail, businesses and hotels that is expected to bring nearly 8,000 new jobs to the neighborhood. As part of this new development, famous sushi chef Makoto Okuwa is opening a new, highly-anticipated, Japanese food hall that will attract foodies from all over.

Must-see national landmarks also within walking distance of the community include the US Capitol, Smithsonian Museums, several National Monuments and the National Mall.

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.

Construction has started at Alta Riverwalk, a new trail-oriented Development located in Nashville’s Metrocenter Neighborhood. Designed by Brock Hudgins Architects, Alta Riverwalk will offer studio, 1 & 2-bedroom apartments with a unique set of amenities. Here is the quick rundown:

ALTA Riverwalk

• What’s Now: Metro Medical Supply
• What’s Next: Residential Development
• Developer: Wood Partners
• Location: 115 Great Circle Road
• Capacity: 304 Units, Amenities, Parking
• Architect: Brock Hudgins / Kimley-Horn
• Cost: $11.4 Million Real Estate Transaction – Qualified Opportunity Zone

Alta Riverwalk also has a great opportunity to bring the momentum of Atlanta’s BeltLine to Nashville. The photos below are from a recent visit to Atlanta’s BeltLine.

Residential Development along the Atlanta Beltline.

Residential Development along the Atlanta Beltline

The Alta Riverwalk development consists of 4 buildings each offering a set of amenities. Having direct access to the Greenway will provide housing options for those wanting to leave the car at home.

In addition to the Greenway access, some of the proposed amenities include:

• Private Dog Yards
• Game Lawn
• Movie Lawn
• Courtyards with Fire Pits
• Golf Simulator
• Putting Green
• Outdoor Fitness Center

Be sure to check back for more on this and other Developments In & Around Nashville.

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