Author: Baylee Snead

Wood Partners, a national leader in real estate development and acquisition, announced today that construction on its new 209-unit community in Newport News, Virginia continues to progress.

Alta Citizen is located at 301 Continental Parkway in the Patrick Henry Place mixed-use development, located off of Jefferson Avenue and adjacent to the entrance to Highway 64. The community is in close proximity to the Tech Center, and a short trip from the Newport News/Williamsburg International Airport, making it an important location for young professionals working on the peninsula.

“We saw a unique opportunity to bring new, Class A product to a market where there has been a lack of multifamily development this cycle,” stated Caitlin Shelby, director for the Raleigh-Durham office of Wood Partners. “Alta Citizen is a strategic investment in the heart of the Jefferson Avenue employment and retail corridor that provides the high end, convenient living that our target renters in Newport News have been waiting for.”

Alta Citizen brings contemporary apartment living to Patrick Henry Place, which offers a mix of condos, townhomes, retail, and extensive outdoor recreation options for residents. The community will feature a state-of-the-art fitness center and entertainment area that includes a kitchen for communal use and an indoor game area. There will be an indoor/outdoor bar area, along with a top-tier pool and courtyard for residents to utilize. The walking trails throughout the community will allow residents easy access to the natural beauty of the surrounding area.

Alta Citizen began construction in the Spring 2017 and expects to open in 2018.

LAKEWOOD, Colo., August 11, 2017 (Newswire.com) – Wood Partners, a national leader in multifamily real estate development, announced today that its clubhouse is open and it has begun on-site leasing at Alta Pinehurst, a 350-unit community in Lakewood, Colorado.

Conveniently located on the border of Lakewood and Denver, it is adjacent to the historic 27-hole Pinehurst Country Club. The community is surrounded by the natural beauty and views of the Colorado landscape while providing state-of-art amenities and modern living spaces.

“Alta Pinehurst is ideally located where residents can enjoy all of the perks and conveniences of metro Denver, while still having quick access to the mountains,” stated Tim McEntee, Director of Wood Partners’ Rocky Mountain and Midwest Regions. “This location is a perfect fit for outdoor enthusiasts with highly active lifestyles.”

Alta Pinehurst is close to the Wadsworth shopping corridor, with easy access to Southwest Plaza Mall and Belmar. Highway 285 provides convenient east/west driving whether your destination is to enjoy the mountains or work in the Denver Tech Center.

In addition to its central location, Alta Pinehurst will feature a state-of-the-art clubhouse with a 24-hour fitness center and yoga/spin studio, internet/cyber café, outdoor dog park, indoor dog wash, on-site bike and ski repair facilities, as well as a year-round pool and spa. Attached garages and electric vehicle charging stations will also be available, among other amenities.

Residents can begin moving into the community this September, with complete project construction scheduled to be completed in the spring of 2018.

For more information please visit www.altapinehurst.com.

SMYRNA, Ga., August 2, 2017 (Newswire.com) – Wood Partners, a national leader in real estate development, announced today the grand opening of Alta at Jonquil, a 266- unit luxury apartment community in Smyrna, Georgia.

Developed as a part of the Jonquil Plaza — minutes from Cumberland and the Galleria area — Alta at Jonquil has convenient access to 1-75, I-85, I-20 and is approximately 20 minutes from Hartsfield Jackson International Airport. Next door to Publix, and walking distance to numerous restaurants, and specialty retail stores, the community was developed for residents who currently work in Atlanta, and are drawn by the desire of living in a walkable neighborhood with a small-town feel.

“Alta at Jonquil is a unique community in the Atlanta MSA offering all of the modern conveniences of in-town living but with a small town vibe,” said Bennett Sands, Development Director for Wood Partners in Georgia. “The neighborhood restaurants and pubs offer local charm, the Battery (Home of the Atlanta Braves) offers a world-class entertainment destination, and the location offers convenient access to the best office markets in the City.”

Alta at Jonquil features forward-thinking, convenience-driven community amenities, including an outdoor biergarten with seating and dining areas, outdoor fireplace and grills, a luxurious pet spa, a resort-style saline pool, and a 24-hour health and fitness studio.

For more information please visit www.altaatjonquil.com.

CHAPEL HILL, N.C., July 17, 2017 (Newswire.com) – Wood Partners, a national leader in real estate development and acquisition, announced today that it has broken ground on a 298-unit apartment community in Chapel Hill.

Centrally located between the University of North Carolina, Duke and Research Triangle Park and with easy access to I-40 — the interstate connecting the major business corridor — Alta Blu will provide residents with modern amenities in close proximity to the ample amount of employers in the area.

“With little new development in the area, Alta Blu is a strategic investment because it offers an attractive option for young professionals in a prime location. Residents will get to experience all that Chapel Hill and Durham have to offer while enjoying state-of-the-art amenities, open space and a sense of community — with commuter convenience,” stated Caitlin Shelby, Director for Wood Partners.

In addition to providing a much-needed contemporary development to meet residential demands, Alta Blu will feature many community amenities including a courtyard with a resort style pool, an activity lawn for community events such as outdoor yoga and film nights, and a large pond — along with 5,000 square feet of office space.

Alta Blu is expected to begin leasing in Summer 2018.

Franklin, Massachusetts, May 23, 2017 (Newswire.com) – Wood Partners, a national leader in real estate development and acquisition, announced today that pre-leasing has begun at The Westerly at Forge Park. The 280-unit community is located off of West Central Street in Franklin, Massachusetts.

The new community was developed with a state-of-the-art fitness center, clubhouse and pool, dog park and a playground for young families to utilize. Centrally situated within walking distance of the Forge Park/495 MBTA Commuter Rail station, its location is within close reach of the employment corridor along Highway 495 and a short distance from the picturesque Franklin State Forest.

“We created The Westerly knowing that Franklin is an outstanding community and one where we could fill a need for what residents are currently seeking,” said Jim Lambert, Wood Partners’ Development Director for the Boston area. “Thanks to its stellar location and design, this community features all the elements residents prioritize in a home, and it fits perfectly within our larger portfolio.”

Residences at The Westerly are spacious, with large kitchens, quartz countertops, frameless cabinets, plank flooring, and stainless steel appliances. The living areas incorporate expansive windows, large walk-in closets, and carpeted flooring. The finish packages have 9’ ceilings.

The community will begin pre-leasing in early June 2017. For more information, visit www.thewesterlyapts.com.

DELRAY BEACH, Fla., May 15, 2017 /PRNewswire/ — Wood Partners, a nationwide leader in real estate development and acquisition, announced today the Grand Opening of Delray Station in Delray Beach, Florida.

The 284-unit community, known as Delray Station, is centrally located near I-95 and the Tri-Rail commuter rail line which provides convenient links to Miami, Fort Lauderdale, and West Palm Beach. Residents will have easy access to downtown Delray Beach and Lake Ida Park, including a two-mile bicycle path, two boat-launching ramps, canoeing and kayaking access, multiple playgrounds and dog parks, freshwater fishing and picnic areas. The community is also adjacent to the Delray Beach Seaboard Air Line Railway Station, the city’s first building added to the National Register of Historic Places.

“Delray Station aligned perfectly with our strategic vision for Florida, and puts the area’s activities and attractions within easy reach for our residents,” said Charles Barrus, Regional Director of Wood Partners. “The community provides a perfect backdrop for the biking and pedestrian culture of Lake Ida Park, with direct access to nearby restaurants and bars — including Delray Beach’s first local production microbrewery — and allows residents to get to work easily thanks to our proximity to major highways and the rail line.”

Delray Station is comprised of seven, three-story residential buildings consisting of one-, two- and three-bedroom units. Residences include stainless steel appliances, quartz countertops and wood-look vinyl plank flooring. A large clubhouse on-site features a demonstration kitchen, fitness center and yoga studio, cyber café, resort style pool with outdoor grilling and seating areas. Active residents will also have the option of utilizing the community’s putting green and a free shared bicycle use program.

For more information, visit http://delraystationapts.com/.

ORLANDO, Fla., May 5, 2017 /PRNewswire/ — Wood Partners, a national leader in real estate development and acquisition, announced today that it has broken ground on a luxury residential community in Orlando, Florida. Located at the intersection of Grande Lakes Boulevard and Central Florida Parkway, the 314-unit community will offer residents easy access to some of the best that Orlando has to offer.

“Alta Grande is located at the confluence of Orlando’s Tourism Corridor and its largest suburban office submarket,” said Bryan Borland, Wood Partners’ Director of North Florida. “Strategically, the site’s proximity to some of the area’s most desirable attractions and dynamic employers, including Orlando’s only Fortune 500 company headquarters, Darden Restaurants, and its largest luxury hotel complex, the JW Marriott/Ritz Carlton – Grande Lakes, made very clear sense for us.”

The community will feature an abundance of indoor and outdoor recreation areas, including a resort style, zero-entry pool with outdoor kitchen, cabanas and hammock garden. Other amenities include a Zen garden, bocce court, putting green and a large fenced dog park with a dog washing station. In addition, residents will also have access to a substantial fitness center with an adjoining yoga/spin room, as well as a club and game room on the premises.

“This community has been designed to appeal directly to our target, an increasingly discerning renter who seeks the convenience of apartment living without sacrificing the lifestyle amenities and sense of community afforded by a more traditional single-family residential neighborhood,” added Borland.

Leasing will begin in Spring 2018.

TAMPA, Fla., May 5, 2017 /PRNewswire/ — Wood Partners announced today that it has closed on the sale of a multi-family housing community in Land O’ Lakes, Florida. The 311-unit, Class A community was purchased by Northland Investment Corporation.

Located on State Road 54 in vibrant Pasco County, a rapidly-growing suburb of Tampa, Alta at Terra Bella is situated less than three miles west of I-75 and 30 minutes north of downtown Tampa. The community is part of the 220-acre Terra Bella mixed-use development, which also includes medical office and retail uses, in addition to 253 single-family home sites. Wood Partners purchased the site in November 2014 and developed the 18.9-acre property, comprised of 14 three-story buildings and an 11,000-square-foot standalone clubhouse, from the ground-up.

Completed in 2016, the community features a zero-entry saltwater swimming pool, outdoor summer kitchen, fitness center with yoga room and children’s playroom, clubhouse with sports lounge, cyber café and conference room, an expansive dog park and dog wash facility and both detached and breezeway-access garages. The one-, two- and three-bedroom units feature expansive floor plans at an average unit size approaching 1,100 square feet, and are accentuated by top-notch finishes, including granite countertops, stainless steel appliances, island kitchens, full-size washers and dryers, walk-in closets and screened patios.

“We’ve been thrilled with the reception of Alta at Terra Bella and the opportunity to contribute to the landscape of this thriving submarket,” said Bryan Borland, Wood Partners’ Director of North Florida. “The sense of place and community that is evident at Alta at Terra Bella is a testament to our best-in-class design, construction, marketing and leasing professionals who collaborate to deliver both a top-notch resident experience and attractive returns to our investors.”

Charlotte, North Carolina, April 19, 2017 (Newswire.com) – Wood Partners, one of the nation’s leading multifamily real estate development and acquisition companies, announced today the closing on a 2.3-acre parcel.  The company plans to break ground on a 261-unit apartment community located at the intersection of 25th Street and North Brevard in the southern end of the NoDa submarket. The apartments, still to be named, will offer a convenient location adjacent to the new 25th Street Station of the Blue Line Extension and the Charlotte Greenway trail.

“Our new community fits perfectly with our strategic vision for Charlotte,” said Carter Siegel, East Regional Director for Wood Partners. “The overall design of the space will foster the artistry, culture and history of the surrounding community, as well as provide high-end amenities and finishes.”

Wood Partners is committed to bringing top-tier living experiences to unique, authentic communities, and we believe our development will deliver on that vision.

                 TOM BURKERT, DIRECTOR FOR THE WOOD PARTNERS’ CHARLOTTE OFFICE

The apartments will feature a courtyard and saltwater pool, lounge, game room and kitchen area overlooking the Charlotte Greenway.

“Wood Partners is committed to bringing top-tier living experiences to unique, authentic communities, and we believe our development will deliver on that vision,” said Tom Burkert, the Director for the Wood Partners’ Charlotte office.  “We are excited to join and enhance the surrounding community as a new neighbor.”

The site is currently a truck yard, and the surrounding area was traditionally used for cotton and textile mills. That distinctive heritage is reflected in the community’s design, including programming of the space and the finishes in the amenity areas.

Construction is expected to run through early 2019.

Phoenix, Arizona, April 19, 2017 (Newswire.com) – Wood Partners, a leader in real estate development and acquisition, announced today that leasing has begun at its Alta Midtown Phoenix community in Phoenix, Arizona.

Located just two blocks from the light rail, Alta Midtown Phoenix is ideally situated for both commuters and downtown professionals, with quick access to retail, dining and entertainment options in Midtown and the neighboring Museum District, North Central and Downtown Phoenix areas.

Alta Midtown Phoenix is strategically located in one of the city’s most vibrant neighborhoods and one of the country’s fastest growing metropolitan areas.

TODD TAYLOR, DEVELOPMENT DIRECTOR FOR WOOD PARTNERS, ARIZONA + NEVADA

“Alta Midtown Phoenix is strategically located in one of the city’s most vibrant neighborhoods and one of the country’s fastest growing metropolitan areas,” said Todd Taylor, development director for Wood Partners in Arizona and Nevada. “Our central location provides residents with a dynamic option to explore the rich culture and diverse attractions Phoenix has to offer.”

The 225-unit community at 200 East Thomas features a sky deck that overlooks the city, private garages, an on-site yoga room, dog run, spinning room and a spacious two-story clubhouse that provides an exceptional living experience for residents and their guests. Community members will also enjoy on-site entertainment and cultural offerings, including live music performances and art exhibitions highlighting local artists.

For more information or to schedule a tour, visit: http://www.altamidtownphoenix.com/.

FORT WORTH, Texas, March 16, 2017 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today that pre-leasing has begun at Alta Left Bank Lofts and Flats in Fort Worth, Texas. The new 589-unit multifamily community is located just west of the Fort Worth CBD along the banks of the Trinity River in the heart of the West 7th district.

“Alta Left Bank Lofts and Flats is an ideal asset that we sought to develop within the very walkable and  highly desirable West 7th submarket,” said Ryan Miller, Development Director for Wood Partners in North Texas. “In line with our research, renters are demanding top-tier communities with an abundance of choice for personalization and that’s what we’ve aimed to provide with Alta Left Bank.”

Alta Left Bank Lofts is located at 600 Harrold Street and includes 260 units and 27,000 square feet of ground floor retail in a four-story wrap product. Adjacent to the Lofts, Alta Left Bank Flats is located at 2300 W. 5th Street and includes 329 three- and four-story surface parked units. The Flats also includes 14 unique, three-story townhome units with rooftop views. Nestled between the Lofts and the Flats is a one-acre open space park and dog run, providing renters with recreational uses right outside their door.

“In creating the vision for Alta Left Bank, it was important to our design team that we provide residents with both a convenient and flexible living experience,” said Miller. “The end result is one of which we’re incredibly proud, and excited to bring to market.”

Centered between Downtown Fort Worth, Sundance Square, Texas Christian University, and the Arts District, the Lofts will also feature a mini bowling alley and exclusive community amenities, including two pools, three fitness facilities and three club areas. Alta Left Bank also offers impressive views of the Fort Worth skyline, as well as adjacent access to the Trinity Park hike and bike trails.

To learn more about Alta Left Bank Lofts and Flats, please visit AltaLeftBankLofts.com or AltaLeftBankFlats.com.

LAUREL, Md., March 17, 2017 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today that pre-leasing has begun at Evolution at Towne Centre Laurel in Laurel, Maryland.

The new multifamily community includes 340 upscale units in 1-, 2- and 3-bedroom floorplans as well as den and loft-style units. Centrally located between Baltimore, Washington DC, Annapolis and Columbia, Evolution will provide luxury residences that are convenient to major employment centers in the region.

“Evolution is an asset that makes sense, strategically, on a number of levels,” said Scott Zimmerly, Director of the Mid-Atlantic for Wood Partners. “We identified and selected this location because of its ideal location near shopping and employment centers, and should be able to capitalize on the growing demand for convenience and a high-end living experience in the Laurel market.”

Evolution offers a resort-style saltwater pool and sundeck, fitness center, pet spa, three distinct outdoor courtyards with grilling stations, bicycle storage and maintenance facilities, residential storage available and controlled-access garage parking, as well as a 10,000+-square-foot clubhouse with game room, video lounge, kitchen, business center, dual-sided fireplace and a custom salt water aquarium.

“Evolution’s location offers a wealth of options for nearly every lifestyle, and a highly-desired living and entertainment experience,” said Zimmerly. “We understand that our target renters are looking for an unparalleled environment with access to a range of amenities, so we designed Evolution specifically to connect those demands with a variety of residents, from empty-nesters to working professionals.”

Located within the new Towne Centre Laurel – which includes 350,000 square feet of retail, dining and entertainment, including a Harris Teeter grocery and Regal Cinemas, the community is just minutes from two MARC train stations for efficient commutes to Baltimore and Washington, DC, and less than 15 minutes from Fort Meade, the largest employer in the state of Maryland. The location offers quick access to the areas’ major highways and thoroughfares including I-95, the Baltimore-Washington Parkway, and the Inter County Connector.

Pre-leasing at Evolution has begun and the first units will be available in April 2017. The project broke ground in October 2015 and is scheduled for completion in August 2017.

To learn more about Evolution at Towne Centre Laurel, visit LiveAtEvolution.com.

COLLEGE PARK, Md., Feb. 16, 2017 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, announced today that pre-leasing has begun at Fuse 47, a new community located in downtown College Park, roughly 10 miles north of the Capitol.

“With this asset, we’ll help fulfill a much-needed demand for housing in the expanding College Park neighborhood,” said Scott Zimmerly, Director of the Mid-Atlantic region for Wood Partners. “This was another opportunity that fell in line strategically with our approach to seeking optimal locations with a clearly identified need for exceptional housing.”

Rich in amenities, Fuse 47 offers a resort-style pool, outdoor grilling stations, a bocce court, a state-of-the-art fitness center with the latest CrossFit®-inspired equipment and more. The community includes 1-, 2- and 3-bedroom market rate apartments in a variety of floor plans that provide residents with the option to choose layouts based upon their preferences. All units are equipped with luxury conveniences and finishes.

The community is well-positioned to take advantage of burgeoning growth that College Park is experiencing, with a new Whole Foods market, two new major hotels and a new Amazon bookstore on the University of Maryland campus, all coming online in the ensuing months. In addition to a wide variety of events and experiences at the University, including the innovative Discovery District, residents will also have convenient access to major shopping and retail options off Route 1, such as Target, Best Buy and Ikea.

“It’s clear that College Park has become one of region’s most ideal places to live as companies and people continue to relocate here. Its growing entertainment, lifestyle and transportation options are driving considerable interest,” said Zimmerly. “In recognizing this, we’ve created Fuse 47 to connect residents with a network of parks, college events and expanding retail options, all a short distance away, to serve the professionals, faculty and students that we are targeting.”

Pre-leasing at Fuse 47 has begun and the first units will be available in June 2017. The ground-up project broke ground in the fall of 2015 and is scheduled for completion in late summer of 2017.

To learn more, visit fuse47.com or the on site leasing office where visitors can experience 3D virtual reality tours, powered by Samsung Gear.