Month: February 2022

GRAND PRAIRIE, Texas, Feb. 16, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the grand opening of its latest luxury residential community—Alta Grand Crossing—in the blossoming neighborhood of Grand Prairie, Texas.

Nestled between Dallas and Fort Worth, Alta Grand Crossing features 322 apartment homes located at 1661 S Forum Drive. The community offers one-, two- and three-bedroom floor plans across the expansive 15-acre property. Positioned minutes from local college campuses, top employers and local attractions, Alta Grand Crossing offers residents local convenience paired with luxury living. Key employers in the area include Airbus, Lockheed Martin, and Bell Helicopter, along with the University of Texas at Arlington and Tarrant County College.

“Alta Grand Crossing strikes the perfect balance between casual comfort and luxury living in a convenient suburban environment,”  said Ryan Miller, Managing Director for Wood Partners. “As we welcome residents to one of the newest communities in the Grand Prairie area, Wood Partners looks forward to cultivating a locally-focused community of luxury apartment homes with five-star customer service.”

With spacious nine-foot ceilings, each apartment home is fully outfitted with contemporary design elements including rich wood-style plank flooring, expansive kitchen islands, and gorgeous granite countertops. Additional luxury features offered include state-of-the-art Whirlpool® stainless steel appliances, full-sized in-unit washer and dryer sets, fenced-in outdoor yards, and keyless entry.

Alta Grand Crossing will also provide best-in-class community amenities for residents to enjoy, including a resort-style swimming pool, lush courtyards, an expansive on-site pet park and “paw-spa.” The property also houses a lavish resident clubroom and coffee bar, a 24/7 fitness center with a superior collection of traditional and high-tech equipment, and a business center featuring executive conference rooms.

Alta Grand Crossing’s prime location boasts direct access to the President George Bush Turnpike and I-20, making residents’ day-to-day commutes a breeze. In addition, residents enjoy easy access to popular retailers such as IKEA, Home Depot and the Grand Prairie Premium Outlets. The property is also just minutes from Grand Prairie’s new mixed-use development, The Epic, a 170-acre, wide-ranging entertainment destination that includes a year-round waterpark with a retractable roof.

Alta Grand Crossing is managed by Wood Residential. For more information, visit https://www.altagrandcrossing.com/.

About Wood Partners
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

GEORGETOWN, Texas, Feb. 14, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced groundbreaking on its newest luxury residential community—Alta Berry Creek—in the thriving Austin suburb of Georgetown, Texas. The planned opening of the community is scheduled for January 2023 with pre-leasing officially starting in late 2022.

Located at 2201 SH 195, Alta Berry Creek will be part of the forthcoming Berry Creek Highlands master development. This 314-acre master planned community will bring more than 1,500 single family homes, new retail options, a future onsite elementary school, and a 20+-acre park to the Georgetown area. With the community’s prime location, residents will be just minutes away from large corporate employers, major health care systems, outdoor recreation offerings and popular retailers. Key employers in the area include Apple, Dell, Samsung, GM, Emerson, The Home Depot Technology Center, HID, Tesla, and numerous organizations in the retail and health care industries.

“The Georgetown area is thriving, and Wood Partners is thrilled to be part of fueling the growth of this city,” said Bart Barrett, Managing Director for Wood Partners. “Alta Berry Creek is a prime example of how Wood Partners seeks to generate exceptional living experiences for residents at attainable prices. This community will give residents an opportunity to enjoy all that Georgetown has to offer.”

Once complete, Alta Berry Creek will feature 300 apartment homes offering one-, two- and three-bedroom floorplans. Each of Alta Berry Creek’s apartment homes will be outfitted with rich wood-style plank flooring, state-of-the-art Whirlpool stainless steel appliances, and designer tile backsplashes to provide residents with a warm and inviting place to call home. Additional luxury finishes include full-sized in-home washer and dryers, 42″ kitchen cabinets, and beautiful granite countertops. Select homes will also feature an upgraded technology package, equipping residents with added connectivity and security.

Alta Berry Creek will also provide its residents best-in-class community amenities, including a resort-style swimming pool, an outdoor kitchen, an on-site pet park and multiple dog wash stations.  Inside the Club Room, residents will be able to enjoy a 24/7 state-of-the-art fitness center, expansive lounge, and entertaining spaces, as well as a fully equipped business center featuring a conference room and micro-offices.

Within minutes of the community, residents have easy access to Interstate 35, providing a direct route to and from Austin and other surrounding areas. Alta Berry Creek sits just north of The Domain — one of Austin’s premier dining and entertainment venues — and offers excellent access to surrounding retail in Georgetown’s downtown area and the Round Rock outlets. In addition, residents can explore “The Most Beautiful Town Square in Texas” located in historic Georgetown, sample cuisine from local farm-fresh dining destinations, and take advantage of the area’s abundance of gorgeous outdoor trails and parks.

About Wood Partners
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

RALEIGH, N.C., Feb. 3, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking of its newest luxury residential community—Alta Vale—located in Raleigh, North Carolina. The community is scheduled to open in March 2023 with pre-leasing expected to begin in early 2023.

“Wood Partners is excited to officially break ground on Alta Vale, which will provide a new level of luxury living for residents in and around the Raleigh area,” said Caitlin Shelby, Managing Director for Wood Partners. “Alta Vale will be a perfect addition to our existing North Carolina portfolio as we continue to see tremendous growth within Raleigh and the surrounding area.”

Once complete, Alta Vale will offer 306 apartments comprised of one-, two- and three-bedroom floor plans. Each of the property’s units will be equipped with modern, high-end finishes including quartz countertops, stainless steel appliances, tile backsplashes, in-home washer and dryer sets, and vinyl plank flooring throughout the kitchen, living room and baths.

Alta Vale will also provide residents with an expansive array of community amenities including a resort-style pool, an outdoor kitchen and lounge, an on-site dog park and access to the Crabtree Creek greenway trail. Inside, residents can also enjoy the property’s luxurious club house complete with a state-of-the-art fitness center, resident café, game room, co-working and conference spaces, pet spa and ample entertainment areas. All common areas throughout the community will feature an urban design and will be equipped with high-speed internet hotspots to ensure no shortage of connectivity.

Located just outside the 440 Beltline in Raleigh, the forthcoming property’s prime location will provide residents with easy access to all the city’s most sought after offerings, including more than 100,000 jobs in downtown Raleigh, North Carolina State University, and the famed Research Triangle Park (RTP). Alta Vale also boasts proximity to many of Raleigh’s top retail and dining establishments, as well as the North Carolina Museum of Art, PNC Arena, Raleigh-Durham International Airport, and 5,600-acre Umstead State Park.

“We designed Alta Vale to provide residents with the best of both worlds—a modern, luxurious community to call home located in a prime location with direct access to Raleigh’s Crabtree Creek greenway,” added Shelby. “The addition of Alta Vale comes on the heels of Wood Partners’ significant growth in the Raleigh market in 2021, including the recent openings of Alta Davis in Morrisville and Alta Wren in Cary. We look forward to welcoming new residents home early next year and continue to seek out new opportunities to bring our unique brand of high-end living to additional locations throughout the Research Triangle.”

About Wood Partners
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 22 major markets across 15 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

Contact: Katie Mcadams, Katie.McAdams@bcw-global.com

SOURCE Wood Partners

DALLAS, Feb. 1, 2022 /PRNewswire/ — National multifamily real estate development leader Wood Partners today announced the groundbreaking of its newest luxury residential community—Alta at The Farm—located in the Dallas area. With construction on the new apartment community currently underway, Alta at The Farm is scheduled to open in early 2023.

Alta at The Farm will be ideally situated within The Farm, a newly constructed 135-acre mixed-use development in the prominent Dallas suburb of Allen, TX. At full build-out, The Farm will host a mix of office, retail, entertainment, and residential facilities. Unique highlights of The Farm will include a 16-acre greenbelt and open space spanning the entire length of the development, a 2.5-acre lake and boardwalk with numerous dining options, multiple pocket parks and multi-use trails that connect to the broader Allen trail system. Furthermore, Alta at The Farm will be right next door to the first Texas location of The Hub, a multifaceted outdoor entertainment and retail venue that originated in Watersound Beach along 30A in the Florida Panhandle.

“We are excited to continue growing Wood Partners’ portfolio of properties in the Dallas/Fort Worth area with the groundbreaking of Alta at The Farm,” said Ryan Miller, Managing Director for Wood Partners. “The Farm master development will offer an amazing collection of both boutique and name-brand restaurant, shopping, and entertainment options. Additionally, outdoor enthusiasts young and old will be captivated by the multitude of outdoor experiences available to them across the acres and acres of parks, open space, and trails nearby.”

“The Farm will be an exciting new opportunity for live, work and play in the city of Allen, and we are thrilled to have Alta at The Farm as part of this great project,” said Bruce Heller, president of JaRyCo. “Working with great companies like Wood Partners is a key part of our strategy in making this great development come to life.”

Alta at The Farm’s midrise design will feature 325 apartment homes, offering residents a mix of studio, one- and two-bedroom floor plans. Each unit will provide best-in-class finishes including high-end kitchens featuring granite countertops, stainless steel appliances, upgraded fixtures, and tile backsplash, as well as in-unit technology, keyless entry, wood plank flooring and in-unit washer and dryer sets. The development will also offer residents access to a top-tier amenities package, headlined by a resort-style pool with tanning ledges, a second courtyard with grilling areas and fire pits, a community clubhouse featuring a state-of-the-art fitness facility, private fitness micro-studios, and a Sky Room and roof deck overlooking West Lake Park. There will also be remote working areas, social gathering spaces, and enhanced Wi-Fi throughout the common areas.

Situated along US 75 and the Sam Rayburn Tollway, the property will provide easy access to local shopping, dining, and entertainment, as well as major employers including Globe Life Insurance, Medical City McKinney, Emerson, Methodist McKinney Hospital and Raytheon. Legacy West and the North Platinum corridor are also just a few miles down the Sam Rayburn Tollway. Additionally, Alta at The Farm will be located within 25 minutes of DFW and Love Field airports for convenient travel in and out of the city.

“With its prime location and expansive list of attractions on-property and within The Farm community, Alta at The Farm will offer residents an ideal combination of city living blended with the charm of one of Dallas’ most sought after suburbs,” added Miller. “We look forward to the community’s grand opening early next year.”

For residents interested in calling the new apartment community home, pre-leasing for Alta at The Farm will begin in Winter 2022.

About Wood Partners
Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. The company has been involved in the acquisition and development of nearly 90,000 multifamily homes with a combined capitalization of $16.5 billion. The company currently owns 70 properties across the United States representing more than 20,000 homes. Headquartered in Atlanta, Wood Partners has offices in 21 major markets across 14 states nationwide. The company also operates Wood Residential, an award-winning, full-service property management group that proudly operates both properties developed by Wood Partners and communities owned by third parties. For two years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). For more information, visit woodpartners.com.

About JaRyCo
JaRyCo Development LLC was created in 2001 by Bruce R. Heller, who saw an opportunity to pursue development in a manner not common within the industry. With more than 42 years of experience in the design, construction and development of major real estate projects, Heller leads JaRyCo to focus on finding development opportunities which truly make sense from a long-term business perspective, both from an investment standpoint and most importantly from the end user standpoint. Since its founding, JaRyCo has completed a variety of project types including: office buildings, corporate headquarters, medical office buildings, specialty hospitals, office flex, hotels and land development. Mr. Heller has been responsible for the development of nearly 4 million square feet of real estate with a total development cost of well over half a billion dollars. For more information, visit jaryco.com.

Contact: Nick Fischer, nick.fischer@bcw-global.com

SOURCE Wood Partners