loader image

Accessibility Tools

Skip to main content

Month: June 2023

Wood Partners Breaks Ground on Newest Upscale Residential Community North of Seattle: Alta North City

Written by Baylee Snead on . Posted in News. No Comments on Wood Partners Breaks Ground on Newest Upscale Residential Community North of Seattle: Alta North City

SHORELINE, Wash., June 27, 2023 /PRNewswire/ — National multifamily real estate development leader Wood Partners and their capital partner, ParkProperty Capital, today kicked off the official groundbreaking of its latest residential community, Alta North City, located just north of Seattle in Shoreline’s growing North City neighborhood. With construction on the project already underway, Alta North City is expected to open in mid-2025.

The forthcoming community will be situated less than 20 minutes north of downtown Seattle in the emerging suburb of Shoreline. With the development of Alta North City, Wood Partners aims to provide a true live, work, play community for residents with convenient access to the upcoming Link light rail stations, a variety of shopping options, restaurants, and parks just outside their doors. The property itself will include more than 4,000 square-feet of ground floor retail with outdoor plaza space.

“We are beyond excited to officially break ground on our newest mixed-use project, Alta North City, in the growing city of Shoreline, which we hope will provide the perfect balance of city and suburban living for our future residents,” said Michael Nagy, Managing Director at Wood Partners. “Alta North City highlights Wood Partners’ continued expansion within the Seattle marketplace, as well as the company’s dedication to providing the highest level of quality and sophistication for residents to enjoy.”

Once complete, Alta North City will offer 228 apartment homes comprised of studio, one- and two-bedroom custom-designed floorplans for residents to choose from. Throughout the community, each home will showcase a vibrant design aesthetic, complete with high-end fixtures and finishes for residents to enjoy. Key interior living features include stainless steel appliances, quartz countertops, chrome gooseneck faucets, and designer tile backsplashes and accents throughout. Additional home features will include wall-to-wall wood-style flooring, full size in-unit washer and dryer sets, spacious closets and balconies, and energy efficient heating and cooling.

Outside their homes, residents will also have access to Alta North City’s array of attractive community amenities, including an impressive roof-top deck with beautiful views of the surrounding Puget Sound area. In addition, residents will enjoy the community’s custom-designed clubroom with co-working features, garden courtyard, and a 24/7 state-of-the-art fitness center.

“We are excited to partner again with such a high-quality developer in Wood Partners and grow our footprint in Seattle,” said Brendan Whalen, Managing Director of ParkProperty Capital. “This will be our second investment in Seattle where we see a lot of opportunity given the continued growth and high quality of life in the metro.  This is also the ninth investment through our discretionary fund platform that has invested over $350M in equity over the past two years into similar development opportunities throughout the major markets in the U.S. Sunbelt and Pacific Northwest, so this is an important milestone for ParkProperty Capital on multiple fronts.”

Wood Partners is acting as the general contractor and will manage the property once complete.

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.

Experience Luxurious Suburban Living at Alta Ashley Park as Wood Partners Opens Newest Apartment Community in Newnan, Georgia

Written by Baylee Snead on . Posted in News. No Comments on Experience Luxurious Suburban Living at Alta Ashley Park as Wood Partners Opens Newest Apartment Community in Newnan, Georgia

NEWNAN, Ga., June 27, 2023 /PRNewswire/ — National multifamily real estate development leader proudly announces the grand opening of its latest upscale residential community, Alta Ashley Park, nestled in metro Atlanta’s flourishing suburb of Newnan, Georgia. Located just south of Atlanta, Alta Ashley Park provides the ideal work-live-play setting for young professionals looking to strike an even balance between city life and suburban charm.

The community’s prime location at 101 Ashley Park Drive offers residents direct access to the city’s historic downtown area, which is home to an array of local restaurants, boutiques and outdoor spaces, as well as a larger selection of major retail, dining and entertainment options just outside their doors within the Ashley Park Shopping Center. Residents are also closely located to many of the city’s top employers including Amazon Fulfillment Center, Bonnell Aluminum, Buffalo Rock, and Cancer Treatment Centers of America, as well as larger corporations located just a short drive away in Atlanta, such as The Home Depot, Coca-Cola, Delta Airlines and more. Furthermore, Alta Ashley Park places residents in one of the city’s top school districts, which includes Brooks Elementary, Madras Middle, and Ruth Hill Elementary Schools, as well as renowned universities, such as AAMCO, WGTECH, and the University of West Georgia Newnan.

“We are thrilled to announce the grand opening of Alta Ashley Park in the beautiful historic city of Newnan, Georgia,” said Bennett Sands, Managing Director at Wood Partners. “This luxurious residential community offers a perfect blend of comfort and convenience, providing an exceptional living experience for our residents just outside Atlanta. We are excited to welcome new residents to the community and provide them with a place they can truly call home.”

Alta Ashley Park offers 269 apartment homes ranging from one-, two-, and three-bedroom layouts to full carriage homes. With a focus on modern elegance and luxury, each home will showcase an exquisite selection of upscale details, including stainless steel Whirlpool appliances, granite countertops and a subway tile backsplash, as well as full-size in-unit washer and dryer sets and wood-style flooring throughout the main living spaces.

Throughout the property, residents can also take advantage of Alta Ashley Park’s extensive array of community amenities, including a resort-style pool with tanning ledges, a massive sundeck and pool pavilion, an exterior lounge area with a fire pit, an outdoor activity lawn with outdoor games, an on-site pet spa and leash-free paw park, and a beer garden complete with TV and outdoor grilling and dining area. Inside the custom-designed clubhouse, residents will also have access to a 24/7 state-of-the-art fitness center, a co-work tech lounge with rentable day offices, a game room, a complimentary coffee bar and sparkling water station, and a catering kitchen with a reservable lounge area.

For more information, visit AltaAshleyPark.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.