Author: Baylee Snead

Wood Partners, a national leader in multi-family real estate development and acquisition, announced earlier today that construction is progressing successfully for its new community – Alta Green Mountain – in Lakewood, Colorado.

Comprised of 260 garden-style homes, Alta Green Mountain is located at 13155 West Mississippi Court and is one of only four new market-rate rental properties to come online in the North Lakewood submarket since 2010.

“Alta Green Mountain provides much needed, high-quality housing to this area,” said Tim McEntee, Managing Director for Wood Partners. “Future residents will have immediate access to the amenities, culture and retail hotspots they have come to expect from North Lakewood while enjoying immediate access to high-powered career opportunities and spectacular mountain and city views.”

Located just minutes from downtown Denver, the Denver Tech Center and the Denver Federal Center – the largest concentration of federal employees outside of Washington D.C. – Alta Green Mountain is within walking distance to the new St. Anthony’s hospital. The community is also centrally located in a transit-friendly area, in close proximity to the Denver Federal Center light rail station.

“Alta Green Mountain will be similar to Wood Partners’ wildly successful property, Alta Pinehurst, located in South Lakewood,” said McEntee, “which has enjoyed tremendous success. We are excited to replicate that Class A experience for the new, North Lakewood submarket.”

Alta Green Mountain is poised to take advantage of all the cultural offerings of the larger Denver area. Located less than a mile away from the Green Mountain Recreational Center and 7 miles from Red Rocks Amphitheatre, residents have unprecedented access to nature. Additionally, the residential community is located a short drive from Belmar, a mixed-use open-air lifestyle mall that features such high-end retailers as Whole Foods Market and Nordstrom.

Alta Green Mountain has been designed to offer residents the ultimate A-class living experience. The units are comprised of one-, two- and three-bedroom floor plans and nearly fifty percent of the units have attached garages. Community-wide amenities include a clubhouse with fitness center and cyber café, a resort-style swimming pool, and a bike/ski repair shop, as well as car charging stations. Interior finishes include granite countertops, stainless steel appliances, and 42-inch wood cabinetry.

Opening in August 2019, Alta Green Mountain totals 260 units. Pre-leasing will begin in July 2019.

Wood Partners, a national leader in multi-family real estate development and acquisition, announced the groundbreaking of its new Houston community – Alta Washington Avenue.

A 7-story community located at 6400-01 Washington Avenue, Alta Washington Avenue is strategically located between several major employment centers, including the Central Business District, Galleria/Uptown and Greenway Plaza. The community will be located just 1,000 feet from Memorial Park, a lush 1,503-acre natural setting that boasts hiking trails, an indoor fitness center, golf course, tennis courts, swimming pool and playground, among other amenities.

“Alta Washington Avenue is situated in a highly desirable residential neighborhood with historically strong rent growth,” said Bart Barrett, Managing Director for Wood Partners’ Houston Office. “The site’s location adjacent to Memorial Park offers future residents convenient access to one of Houston’s most spectacular amenities.”

Within 5 miles from Alta Washington Avenue, four major employment districts provide over 350,000 jobs from such Fortune 500 companies as Chevron, Chase and United Airlines, to numerous technology, medical and retail businesses. The site is also located within the Washington Corridor, one of Houston’s most popular night life spots known for its entertaining mix of live music, sports bars, and some of the most beloved restaurants in Houston.

Scheduled to open in the Winter of 2020, Alta Washington Avenue totals 204 units with 1- and 2-bedroom floor plans, as well as 3-story townhouse units. The property amenities available at Alta Washington Avenue will lead the Class A market, offering a premier living experience. Featuring a club room, game room, business center with conference space and micro-offices, residents have ample common areas to be productive and to socialize. The fitness center, dog park and salon, resort style pool, outdoor grills and a sky lounge on the 7th floor, complete with a kitchen and dining/gathering areas, provide luxury upgrades to an already high caliber facility. All common areas will provide residents with wireless connectivity and will feature the latest in audio/visual technology and urban living design.

NASHVILLE, Tenn., January 22, 2019 (Newswire.com) – Wood Partners has hired real estate industry veteran Andrew Steffens as Managing Director to lead its new Nashville office. Steffens will be responsible for sourcing and developing multifamily development opportunities in the Nashville region for the national real estate company.

“We are thrilled to be expanding into the Nashville market with Andrew at the helm,” said Joe Keough, Chairman and CEO of Wood Partners. “Andrew possesses an intimate understanding of Nashville, as well as a strong and successful track record within the region.”

Prior to joining Wood Partners, Steffens spent seven years with two other reputable developers where he executed over $350 million of development. Wood Partners’ Nashville office will be its 18th U.S. office.

“Wood Partners is an industry leader with a great history and I am excited to be leading the Nashville expansion,” said Steffens. “There is tremendous opportunity in this market and I look forward to building upon Wood’s twenty-year history of developing best-in-class product across the United States.”

Steffens has also held various roles within the real estate finance group at Citibank. He graduated with honors from the University of Tennessee and earned an MBA from the Owen Graduate School of Management at Vanderbilt.

HOUSTON, Jan. 18, 2019 /PRNewswire/ — Wood Partners, a national leader in multi-family real estate development and acquisition, announced the groundbreaking of its new Houston community – Alta Med Main.

A residential community located in the Texas Medical Center at 9330 Main Street, Alta Med Main is adjacent to the TMC3 project, a 30-acre mixed-use campus located directly to the north. The TMC3 campus will house four academic institutions, a 410-room hotel and conference center, research and office space, as well as plazas, restaurants, shops and other commercial space. TMC3 is projected to have a $5.2 billion impact on the city of Houston.

“Alta Med Main is poised to benefit from Houston’s ever-expanding Texas Medical Center,” said Bart Barrett, Managing Director for Wood Partners’ Houston Office. “This is a key location that grants our residents access to high-paying, competitive careers, and all that Houston’s nightlife and cultural scenes have to offer.”

In addition to being located minutes from the Texas Medical Center – a complex named the 8^th largest business district in the US that employs over 106,000 people and includes over 21 hospitals, two specialty institutions, three medical schools and six nursing programs – Alta Med Main provides access to iconic Houston locals. Convenient access to NRG Stadium – home to the Houston Texans – Rice University, Rice Village, the Museum District and the Central Business District make Alta Med Main a cultural hotspot. Just a few miles away, Hermann Park offers 445-acres of expansive park grounds, golf courses, running trails, the Houston Zoo, Houston Museum of Natural Science and the Miller Outdoor Theatre.

“We are excited to be located within a strong submarket with healthy occupancy and strong growth that is also within close proximity to major employment centers, retail, outdoor space and major thoroughfares,” said Barrett.

Scheduled to open in the Spring of 2020, Alta Med Main totals 338 units with one- and two-bedroom floor plans. This four story wrap community also includes a structured parking garage with direct building access. The community offers in-demand indoor amenities such as a clubroom, Sky Lounge, business center with micro-offices and communal work areas, a 24/7 fitness center, as well as ample outdoor entertaining space complete with a resort-style pool, tranquil courtyard, and dog park and pet washing stations.

FORT. LAUDERDALE, Fla. , December 10, 2018 (Newswire.com) –Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its latest luxury midrise apartment community, Bask, in Fort Lauderdale, Florida. Located at 1919 Southeast 10th Avenue, Bask joins a list of well-established Wood Partners’ properties in the state.

The community, which features 310 apartment homes, is located immediately adjacent to the Harbor Shops, a 250,000-square-foot regional shopping center, complete with a Publix, and is within walking distance to several restaurants and bars. In addition, the popular and lively Las Olas Boulevard is situated less than two miles to the north and Greater Fort Lauderdale’s beaches are located within 1.5 miles to the east.

“We are excited to be a part of Fort Lauderdale’s urban living resurgence,” said Jeff Quinlivan, Managing Director for Wood Partners’ South Florida office. “Situated within the 17th Street corridor, Bask offers easy access to Downtown and Fort Lauderdale’s stunning beaches.”

Bask is an eight-story apartment wrap with a parking garage. The community offers convenient access to major transit thoroughfares via nearby US-1, which affords quick access to I-595, I-95, I-75, and Florida’s Turnpike. The location also connects residents to greater economic resources in the region, including nearby Broward Health Medical Center – Fort Lauderdale’s largest health care facility – Port Everglades, Fort Lauderdale-Hollywood International Airport, and the 17thStreet Corridor, which is filled with local shops, entertainment and small businesses.

Now open, Bask features oversized one- and two- bedroom floor plans. High-touch, community-centric amenities such as a community demonstration kitchen, flex office space, fitness room, yoga room, pet spa and outdoor TV lounge provide residents with an elevated living experience. Taking advantage of the balmy Florida climate, Bask also provides a hammock lounge area, tropical courtyard gardens, grilling areas and a resort-style pool.

The coastal-inspired apartment interiors feature wood-styled floors, stainless steel kitchen appliances and expansive kitchen islands with quartz countertops. Additionally, all apartments have balconies and the first floor units feature private, fenced-in patios. Bask offers technology and green-living upgrades as well, including Wi-Fi in all common areas, electric vehicle charging stations, a covered, controlled-access parking deck, and a 24/7 access-controlled package room.

SCOTTSDALE, Ariz., Nov. 6, 2018 /PRNewswire/ — Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its new community – Alta Drinkwater – in Scottsdale, Arizona.

A premiere residential community located at 3234 N. Scottsdale Road, Alta Drinkwater is located in Old Town Scottsdale, a bustling neighborhood with proximity to in-demand restaurants, entertainment and retail options. Alta Drinkwater is also strategically positioned to provide quick access to downtown Phoenix and the metro area, capitalizing on the regional economic offerings of the greater Phoenix area.

“We are excited to be opening in one of the most desired cities in the Southwest,” said Todd Taylor, Managing Director for Wood Partners’ in Arizona and Nevada. “Scottsdale frequently tops the list of most livable small- to mid-sized cities making it a strategic new location for our continued expansion into the broader Phoenix market.”

Alta Drinkwater joins a list of 9 Wood Partners’ properties in Arizona as the first one located in Old Town Scottsdale. “We are thrilled with the early interest buzz for Alta Drinkwater,” said Taylor. “Pre-leasing efforts are underway and we’ve secured the most pre-leases of any Arizona-based community to date.”

The community is in close proximity to high-quality career opportunities, including ready access to the ASU SkySong Center, a dynamic center for innovation, technology and economic expansion, as well as high-end advantages such as the Scottsdale Corridor and Scottsdale Fashion Square, the metro area’s preferred selection of upscale retail, restaurant and night life offerings.

The new community is a unique multifamily experience. Cultural amenities such as an open lounge that serves as an art gallery by day and a VIP lounge by night elevate the 5-star resident experience. Opened in fall 2018, Alta Drinkwatertotals 277 units, featuring 1- and 2-bedroom apartment homes, as well as 1-, 2-, and 3-bedroom penthouse apartment homes. Penthouse units include private patios with expansive views of the city, and luxe finishes throughout amenity and livable areas.

Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its new community – Alta Frisco Square – in Frisco, Texas.

A premier residential community located at 6235 Main Street, Alta Frisco Square comes online in the heart of Frisco, a booming epicenter of office, retail, hospitality and residential spaces along the Dallas North Tollway. Alta Frisco Square is uniquely primed to marry the exploding economic opportunities in the area with the luxe suburban lifestyle desired in the Frisco market.

“As development spreads into historically suburban markets such as Frisco, we are very excited about the opening of Alta Frisco Square,” said Ryan Miller, Managing Director for Wood Partners’ North Texas Development Operations. “We were able to raise the bar on suburban apartment living by offering a community loaded with amenities and finishes that are typically seen in more densely populated submarkets, strategically located in the walkable environs of Frisco Square.”

Alta Frisco Square is on a highly visible section of Main Street with access to high-profile career opportunities within a ten-minute drive, including Toyota, Liberty Mutual, JP Morgan, and FedEx. In proximity to the Dr. Pepper Arena and Ballpark, Soccer Hall of Fame and Toyota Stadium – as well as many restaurants and retail options – adds unique value to Alta Frisco Square that is unmatched by other properties.

In addition to in-demand outdoor and fitness amenities, Alta Frisco Square utilizes strategic, smart design that combines the latest technological advances with luxury living. Enhancements such as Schlage keyless entry hardware, workspaces with touchdown counters with data and power, multi-level parking garage with toll tag reader for entry, and 24-hour package receiving – among others – create a seamless living experience for professionals and their families.

Opened in August 2018, Alta Frisco Square totals 298 units, featuring efficiencies, one-, two-, and three-bedroom floor plans. Units utilize open concept design for living and dining areas and feature quartz countertops and kitchen tile backsplash, stainless steel appliances, wood grain flooring and tailored carpets in the bedrooms.

Wood Partners has an accomplished history of developing over 30 multifamily communities in Texas. This is the third such property for the company in the Frisco area.

FORT WORTH, Texas, October 22, 2018 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its new community – Alta Waterside – in Fort Worth, Texas.

A one-of-a-kind residential community located at 3964 Watercourse Drive, Alta Waterside is one of the first luxury housing offerings in a larger mixed-use development called “Waterside,” which has seen recent openings by retailers such as Whole Foods, REI, Sur La Table, Steel City Pops, Taco Diner, Zoe’s, Tricky Fish, and Piattello Italian.

“Alta Waterside provides our residents walkable access to numerous restaurant and retail options in a lush, natural setting,” said Ryan Miller, Managing Director for Wood Partners’ North Texas Development Operations. “Surrounded by towering trees, hike and bike trails, and open space along the banks of the Trinity River, Alta Waterside is a respite that is only a short commute to downtown Fort Worth via the Chisholm Trail Parkway.”

Located in the heart of the Fort Worth Cultural District, Alta Waterside is in close proximity to Bass Performance Hall, Fort Worth Zoo and Botanic Gardens, and Sundance Square – an area that attracts 10 million visitors annually. This location uniquely positions Alta Waterside at the crossroads of culture, lifestyle, and entertainment.

Just a few miles away, the Medical District is a major employment resource for the area, housing 20 hospitals and providing over 30,000 competitive healthcare jobs a year. Proximity to Texas Christian University, a nationally ranked university, also elevates the prestige of Alta Waterside.

Open now, Alta Waterside totals 361 units, featuring efficiencies, one-, two-, and three-bedroom floor plans. Units feature a mix of wrap, surface parked and townhouses with sought-after upgrades such as stainless steel appliances, washer and dryers, and contemporary chrome finishes.

PHOENIX, Ariz., July 27, 2018 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development and acquisition, announced the grand opening of its new community – Alta Central – in Phoenix, Arizona.

ORLANDO, Fla., July 12, 2018 (Newswire.com) – Wood Partners, a national leader in multi-family real estate development and acquisition, announced today that Alta Grande is officially open.

Located at 3512 Grande Reserve Way in Orlando, Alta Grande is the newest luxury apartment community to be developed in Orlando’s Tourism Corridor. With proximity to major employers such as Lockheed Martin, Marriott Vacation Club, Jet Blue, Starwood Hotels & Resorts, and the 650,000 square foot headquarters of Orlando’s only Fortune 500 company – Darden Restaurants – Alta Grande affords residents the ability to live, work, and play in the same location.

“Alta Grande is located within walking to distance to three excellent schools and convenient to some of Orlando’s leading employers and premier entertainment options,” said Bryan Borland, Managing Director for Wood Partners in Orlando. “The community is thoughtfully-designed and well-positioned to capitalize on the continued growth of Orlando’s Tourism Corridor, which has consistently proven to be Orlando’s deepest apartment submarket.”

The Tourism Corridor continues to be a focal area for new multi-family housing in Greater Orlando and the submarket continues to outperform many other areas of Orlando. With nearly 400,000 square feet of new Class A office development currently underway within one mile of the community – including the relocated headquarters of both the International Association of Amusement Parks and Attractions (IAAPA) and Orange Lake Resorts, home to Holiday Inn Club Vacations – Alta Grande is strategically-positioned to take advantage of this momentum.

Alta Grande consists of 314 one-, two- and three-bedroom units spread throughout ten three-story residential buildings. The units feature clean, modern finishes, including stainless steel appliances, granite countertops, glass tile backsplash, kitchen islands, soft-close kitchen cabinetry with under-cabinet lighting, ceiling fans in all living rooms and bedrooms, and walk-in closets.

Residents will have access to extensive indoor and outdoor amenities. A 2,300+ square-foot saltwater zero-entry pool is the centerpiece of the exterior space, complimented by a covered outdoor kitchen, barbecue grills, pizza oven and hammocks, as well as a large, fenced dog park with dog washing station, bocce court and putting green. Inside, an integrated clubhouse creates a more urban, connected feel, featuring a 24-hour fitness center with new state-of-the-art equipment and an adjacent yoga and spin room, coffee bar, conference room, mailroom with package lockers, game room and a media center.

Pre-leasing began in May 2018 and Alta Grande welcomed its first residents in June.

HOLLYWOOD, Calif., June 19, 2018 /PRNewswire/ — Wood Partners, a national leader in real estate development and acquisition, announced today that construction has begun on a new property in Los Angeles.

Located at 5750 Hollywood Boulevard, the new community is situated two blocks from the nearest Metro station, providing easy access to the employment centers, entertainment, nightlife and other amenities that Hollywood has to offer. Wood Partners once again delivers their signature best-in-class living elegance to this project, which follows the highly-successful opening of The 5550, just blocks away.

“The success of The 5550 has proven that providing stellar amenities and modern living in a sought-after location close to transit is a winning strategy,” said Brian Hansen, Senior Managing Director of Wood Partners’ Western Region. “We expect to replicate that success with 5750 Hollywood and more projects like it moving forward. Hollywood is experiencing some of the largest employment booms in Southern California, and we are effectively poised to move quickly and strategically to take advantage of the opportunities in this market.”

Readily accessible to notable employers like Netflix, Viacom, TBS, CNN and NeueHouse, 5750 Hollywood connects residents with contemporary living, in a vibrant, dynamic neighborhood steps from Hollywood icons. The 161 unit building will feature state-of-the-art finishes and sought after amenities, including a roof deck, courtyards, and a full gym.

“5750 Hollywood is the second large-scale, multi-family development project to begin construction in East Hollywood, and the third development for Wood Partners in the area,” said Joe Gambill, Wood Partners’ Vice President of Development, Southern California. “We believe in the long-term success of Hollywood and are excited to be ground-floor investors in the revitalization of the area.”

The housing community at 5750 Hollywood Boulevard is scheduled to open in July 2020, with pre-leasing beginning in June 2020.

SALT LAKE CITY — June 19, 2018 — Wood Partners, a leader in real estate development and construction, has secured the LEED Platinum certification for the Alta Gateway Station located at 505 West 100 South Salt Lake City, UT 84101. This is the first LEED Platinum certification for a multifamily apartment building in Utah.

The LEED green building rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance. The LEED Platinum certification is the highest rated certification for recognizing best-in-class building strategies and practices in green building. The Alta Gateway Station was awarded the LEED Platinum certification due to the building’s green design and the management team’s implementation of practical and measurable strategies and solutions. These efforts are aimed at achieving efficiency in power consumption, water usage, materials and resources and indoor environment quality.

“This LEED Platinum certification establishes Alta Gateway Station as a showcase example of efficient design and sustainability,” said Tim McEntee, Development Director for Wood Partners. “Not only does this demonstrate Wood Partners’ leadership in the building industry in Utah, but it also fortifies our commitment to a better environment in Utah. Residents and visitors to this property will experience how, these ground-breaking units are noticeably different from all others. This approach to sustainability, livability and efficiency illustrates the aptitude of our teams to construct and manage buildings that exceed the highest international green building standards.”

Alta Gateway Station is a transit-oriented community located next to The Gateway mall in Salt Lake City. The 277-unit community, which is managed by Wood Residential Services, features studios, one-, two- and three-bedroom floorplans. Alta Gateway Station also features a large pool and hot tub, cyber café, game room, wine lockers in wine room, a clubroom, fitness center, bike/ski repair shop, dog wash, dog park and a rooftop deck with entertainment kitchen, fireplace and big-screen TV.

“The benefits to the community and to the residents are multifold,” said Clay Iman, Development Director for Wood Partners. “Residents have the assurance that the environment is exceptionally clean, and they will also benefit from lower utility costs. We are proud of the fact that Alta Gateway Station achieved LEED Platinum certification and that it is the first apartment building in the state of Utah to do so. It is truly the result of a tremendous team effort.”

Alta Gateway Station was also recently named “Development of the Year” by the Utah Apartment Association. The award was given based on the development design, comfort through features and amenities, how the development adds to the neighborhood and how well it complements the surrounding areas. The Utah Apartment Association also judged staff knowledge, customer service and the cleanliness and maintenance of the building.

For images of the property please visit here.

For more information about Alta Gateway Station, please visit www.altagatewaystation.com