Wood Partners Opens Industrial-Inspired Community in Warehouse District of Downtown Phoenix

PHOENIXAug. 23, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the grand opening of its latest luxury residential community, Alta Warehouse District.

Located at 402 W Lincoln Street in the historic Warehouse District of Downtown Phoenix, Alta Warehouse District is the third Wood Partners project to open in Downtown Phoenix. The community offers the perfect living space for professionals and students with its edgy, industrial-inspired look and feel. Alta Warehouse District was designed by CCBG Architects, a longtime business owner in the Warehouse District. Residents have access to a wide variety of local dining, shopping, and entertainment options within walking distance of the community, such as the world-renowned Pizzeria Bianco, Cobra Arcade Bar, and the Orpheum Theatre. Major attractions include Chase Field, Footprint Center, Symphony Hall, Arizona Federal Theater, and several other popular venues for residents to enjoy sporting events, concerts and more. Arizona State University Downtown Campus and other postsecondary educational institutions are also nearby.

“We are pleased to be one of the first communities to open in the Warehouse District with the unveiling of Alta Warehouse District,” said Clay Richardson, Managing Director for Wood Partners. “This modern, industrial-inspired community will serve as the perfect location for professionals looking to put down roots in the neighborhood and explore all that downtown Phoenix has to offer.”

Alta Warehouse District offers 300 apartment homes comprised of studio, one-, two- and three-bedroom floorplans with many homes offering sweeping, unobstructed views of the Downtown Phoenix skyline. Each apartment home features top-of-the-line interior finishes including stainless steel appliances, quartz countertops, tile backsplashes, and plank vinyl flooring. For added convenience, the homes also offer smart thermostats and electronic door entry and select units come with integrated audio packages.

Throughout the community, residents can take advantage of an abundance of thoughtful amenities, including an oversized lounge pool, an on-site dog park and bike shop, and a rooftop deck with grilling stations and views of downtown. Inside the clubhouse, residents can enjoy the community’s exclusive speakeasy and cocktail lounge, as well as a professional fitness center and yoga studio. Additional amenities include a club room with a 12-foot TV wall, games and a photobooth, music and podcasting room, conference spaces and private micro-offices, and a complimentary coffee bar and cybercafé. An onsite convenience market offers residents grab-and-go snacks, cold market options, a variety of alcoholic drinks, and sundries at their convenience.

Alta Warehouse District is now leasing and managed by Wood Residential. For more information, visit altawarehousedistrict.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 nearly 90,000 conventional multifamily homes with a combined capitalization of $17.3 billion. The company currently owns more than 70 properties across the United States representing over 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 three 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: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Partners Breaks Ground on Newest Luxury Community in Conroe, Texas, One of the Fastest Growing Cities in America

CONROE, TexasAug. 9, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking on the company’s latest luxury residential community, Alta Sergeant, located in Conroe, TexasAlta Sergeant is scheduled to open in May 2023 with pre-leasing expected to begin early next year.

Located just north of HoustonConroe continues to experience tremendous growth stimulated by major corporate relocations and business expansion, earning the community recognition as one of the fastest growing cities in America since 2010. Situated along Interstate 45, Alta Sergeant residents will have easy access to nearby retail, dining and entertainment options including Conroe Marketplace and the mixed-use development Grand Central Park. The community’s prime location also offers proximity to major employers in The Woodlands, which boasts more than 38,000 jobs from 70+ corporations including ExxonMobil, Conroe ISD, and Hewlett Packard.

“As one of the fastest growing markets in the Houston area, we see a tremendous amount of opportunity throughout the area,” said Bart Barrett, Managing Director of Wood Partners. “Wood Partners is looking forward to playing a role in the on-going growth and development in the Conroe area as we break ground on our newest luxury community, Alta Sergeant.”

Once complete, Alta Sergeant will feature 354 apartment homes offering a mix of one-, two- and three- bedroom floorplans. With a perfect balance of comfort and luxury, each home will feature high-end interior finishes including stainless steel appliances, granite countertops, tile backsplashes, 42″ cabinets, and wood style flooring throughout the kitchen, living room and bathrooms. Residents will also enjoy the added convenience of in-home washer and dryer sets, as well as surface parking and carports available on-site.

Alta Sergeant will offer a wide range of desirable amenities including a resort-style pool, outdoor kitchen, and dog park, as well as a state-of-the-art fitness center, clubroom, business center, and multiple conference and entertaining spaces. All common areas will also feature high-speed wireless internet and the latest in audio/visual technology to provide residents with full connectivity across the entire community.  Outside the community, residents can also enjoy the many outdoor activities Conroe has to offer including golf, hiking, and biking, as well as Lake Conroe, which offers fishing, boating, water skiing, and more.

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 three 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: Nailah SmithBCWWoodPartners@bcw-global.com

SOURCE Wood Partners

Wood Residential Earns Third Consecutive Online Reputation Win in J Turner’s 2022 Division ORA® Power Rankings

Atlanta, GA (August 9, 2022) – For the third consecutive year, Wood Residential, a national leader in multifamily real estate management, has earned the No. 1 ranking for online reputation in the 2022 Division ORA Power Ranking. The management company officially achieved this distinction within Division III (10,000 to 19,999 units).  And for the second straight year, Wood Residential also posted the highest overall score across the top three out of four divisions (these three divisions comprise all companies managing 10,000+ units).

The Division ORA Power Ranking was introduced by J Turner Research in 2019 to recognize companies that manage over 2,000 units for excellence in online reputation. Companies are ranked based on their Online Reputation Assessment (ORA®) Score—the multifamily industry standard to measure and benchmark a property/company’s online reputation.

“At Wood Residential, our success is measured first and foremost by our customer service and reputation management,” said Steve Hallsey, Managing Director for Wood Residential. “As our portfolio of properties continues to grow, we remain focused on consistently delivering the highest level of customer service for our residents, investors, and third-party management clients. We know that our competitors are increasingly focused on online reputation as well, so we are particularly proud of our teams for raising the bar once again to earn this top designation from J Turner for the third straight year.”

This impressive recognition is the latest victory for Wood Residential in 2022 after earning numerous individual property honors from J Turner Research earlier this year. In January, 14 Wood Residential properties earned the Elite 1% ORA Power Ranking for finishing among the top 1% of properties nationwide for online reputation, including seven that were ranked in the Top 100 in the nation. Additionally, in April Wood Residential earned top marks in J Turner’s State Power Rankings, with eight properties winning Top 10 awards for their state, highlighted by five properties that ranked in the Top 3.

“Wood Residential has maintained a consistent focus on doing what is right for their residents, which has led to significant gains in their online reputation. The company has increased its ORA score by more than five points since last year, and its properties have featured in multiple ORA Power Rankings for their high scores. Congratulations to the entire team for ranking number one in our Division Ranking for the third consecutive year,” said Joseph Batdorf, president of J Turner Research.

Developed by J Turner Research, the ORA Power Ranking is a monthly, independent ranking of apartment properties and management companies based on their ORA scores. The ORA score is an aggregate compilation of a property’s ratings across various review sites and ILSs and serves as a benchmark to compare a company’s properties and portfolios nationally, regionally and against the competition.

Each month, J Turner Research monitors the online ratings and reviews of more than 128,000 properties nationwide to inform the rankings published by Multifamily Executive.  For June 2022, the national average ORA score across all tracked properties was 62.79. Wood Residential’s award-winning score in June was 88.22, an impressive 40% higher than the national average.

 

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

About J Turner Research
J Turner Research is an independent research company focused exclusively on the multifamily industry for almost two decades. It is the only company to monitor the online reviews and ratings of 128,000+ properties nationwide. J Turner pioneered the Online Reputation Assessment (ORA®) score, which serves as the multifamily industry standard to measure, benchmark, and compare a property/company’s online reputation. The company is the national leader in enhancing resident satisfaction through intelligent resident and prospect survey programs, quantifiable action plans, customized training, and review response service. For more information, visit www.jturnerresearch.com.

Wood Partners Enters Growing Market of San Marcos with Groundbreaking of Newest Luxury Community: Alta Center Point

SAN MARCOS, TexasAug. 2, 2022 /PRNewswire/ — Building on the momentum from its recent growth within the Austin market, national multifamily real estate development leader Wood Partners today announced the imminent groundbreaking of its newest luxury residential community—Alta Center Point—in San Marcos, Texas. Located just south of Austin, Alta Center Point marks Wood Partners’ first development in the San Marcos area, which has been consistently ranked as one of the fastest growing U.S. cities. Construction on the property will begin at the end of August, and the community is scheduled to open for leasing in Fall 2023.

Located at 625 Gregson Bend, the forthcoming community’s placement along the I-35 corridor will provide residents a quick route to downtown San Marcos’ various shopping, dining, and entertainment options. Nearby Austin and San Antonio also provide retail, entertainment, and employment options. Residents of Alta Center Point will be near several of the area’s leading employers including Amazon, Texas State University, HEB and Tanger Outlets, which provide more than 27,000 jobs within a 10-mile radius of the community.

“Wood Partners is thrilled to be joining the thriving San Marcos community as we officially break ground on our first development in the area,” said Bart Barrett, Managing Director at Wood Partners. “As we continue forward with Alta Center Point, we are focused on providing our residents with unparalleled community and a great place to call home.”

Wood Partners is co-developing Alta Center Pointe with Pursuant Ventures Development, led by Tyler Sibley.

Once complete, Alta Center Point will offer 330 apartment homes, providing a mix of one-, two- and three-bedroom floor plans. Each home features warm, modern accents complete with top-of-the-line fixtures and finishes including stainless steel appliances, granite countertops, tile backsplash, and 42″ cabinets, as well as in-home washer and dryer sets and wood-style flooring throughout the kitchen, living room and bathrooms. Select homes featuring an upgraded Smart Package, providing residents with advanced technology and security offerings for added convenience.

Throughout the community, Alta Center Point residents will also have a plethora of attractive amenities at their disposal including a resort-style pool, an outdoor kitchen, and an on-site dog park. Within the community clubroom, residents will also have access to a high-tech fitness center, a conference area with multiple personal workspace offices, and a variety of entertaining spaces.

Outside the property, residents can also enjoy the host of outdoor recreational activities San Marcos is widely known for. From hiking in the area’s multiple nature preserves to taking a dip in the spring-fed San Marcos River for tubing, kayaking or paddleboarding, residents will have no shortage of options for outdoor exploration.

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: Rylie GeraciBCWWoodPartners@bcw-global.com

SOURCE Wood Partners