Trending Multifamily News
LMC, a leader in apartment development and management, today announced that its mixed-use apartment community currently under construction in Charlotte’s South End neighborhood has been named Bradham at New Bern Station.
Bradham, which will feature 432 apartment homes and 25,500 square feet of retail space, anticipates opening in early 2019. The community is located on the site that served as the first Pepsi bottling franchise in the nation and the name was inspired by Caleb Bradham, Pepsi-Cola creator and resident of New Bern, N.C.
“The history of our new community’s location provided a great opportunity to respect our past and celebrate the current and future success of South End,” said Jeff Harris, division president of the Carolinas for LMC. “South End continues to grow as a commercial office, hospitality, retail and residential neighborhood in Charlotte. We are looking forward to joining the neighborhood and providing a new retail destination, as well as apartment homes, for new and existing residents.”
Bradham at New Bern Station will include a transit lounge, transit courtyard, pool courtyard, fitness center, yoga studio, pet spa, dog park, and clubroom along with several other community amenities. Apartment interiors will be furnished with quartz countertops, stainless-steel appliances and additional luxury features.
LMC, a leader in apartment development and management, today announced the start of leasing at Capitol 650, a new apartment community located in Milpitas on the northeast portion of the South Bay.
Capitol 650, which offers convenient access to the tech hubs in the Silicon Valley and San Jose, features 351 apartment homes and a top-of-the-line amenities package, including co-working spaces with conference rooms and open seating. First move-ins at the five-story community are anticipated for August.
“The entire area surrounding Silicon Valley is booming with new development, and it comes without the ultra-high price tag of living directly in the Valley or San Francisco,” said JJ Abraham, division president of California for LMC. “Capitol 650 will provide the innovative living experience and cutting-edge amenities that residents demand, particularly those in tech-dominated markets, and we believe the community will offer an unmatched living experience in the neighborhood.”
Capitol 650 is a transit-oriented development located across the street from two mass-transit options – the brand-new Milpitas/Silicon Valley BART station and the Montague VTA light rail station. Both stations offer commuters direct access throughout the Silicon Valley, to job centers such as North San Jose (two miles away) and to downtown San Jose and San Francisco. In addition, nearby Interstates 880, 680 and 101 and Highways 237, 87, 85 and 17 provide connectivity to major employment centers and technology headquarters.
In addition, the San Jose International Airport is located five miles from the community while the Oakland International Airport is a 40-minute drive north. The bikeable, walkable community sits adjacent to the Great Mall of the Bay Area, which contains 1.4 million square feet of shopping and dining options. The community also provides an outlet for outdoor activities with more than one acre of onsite public parks.
Capitol 650 consists of one- and two-bedroom apartment homes of varying sizes. Community amenities include an outdoor swimming pool, panoramic sky deck, resident lounge, game room, pet washing and grooming station, large mailroom with Amazon Hub package lockers, spa, BBQ space, an expansive two-story fitness and training facility and a rooftop entertainment room with floor-to-ceiling glass and skyline views. The panoramic sky deck features a fire pit and seating areas. Residents will also have access to private bike storage with adjacent onsite bike repair.
Apartment interiors come equipped with nine-foot ceilings, quartz countertops with full ceramic tile backsplashes, modern cabinetry, custom pendant lighting, stainless steel appliances, wood-style flooring, full-size washers and dryers, walk-in closets, automated roller shades, programmable thermostats and full tile surrounds in the showers.
Including Capitol 650, LMC has more than 1,500 apartment homes in operation or under construction in the Bay Area.
LMC, a leader in apartment development and management, today announced the start of construction of Gentry, a luxury mixed-use apartment community in the Buckhead Village neighborhood of Atlanta.
The 21-story high-rise community, which will feature 290 apartment homes and 6,000 square feet of ground-floor retail, is being developed in conjunction with Hoar Construction. The companies recently collaborated on The Morris, a luxury apartment community in Nashville that opened in 2017. First move-ins at Gentry are anticipated for mid-2020.
“We’re excited to join the robust Buckhead market and get started on an apartment community that will be situated in the center of so many recreational activities,” said Chris Cassidy, division president of the Southeast for LMC. “With the vast shopping and dining options within walking distance, this will be a place where residents can ditch their cars for the weekend and relax within the neighborhood. With the stellar location, the remainder of the city will be at their fingertips, as well.”
Under construction at 3172 Roswell Road, Gentry is the redevelopment of a one-acre surface parking lot that will add 20-foot wide tree-lined sidewalks and street-level retail to an emerging neighborhood. The site, which boasts a Walk Score of 91, features prime access to attractions such as The Buckhead Theater, The Shops at Buckhead, Whole Foods, Trader Joe’s and Atlanta History Center. Phipps Plaza and Lenox Mall, which offer various additional local and national retailers, are each within two miles of the community.
Gentry will provide near-direct access to several public transit options and the key thoroughfares of the city. The Buckhead MARTA station is 1.2 miles from the community and serves as the gateway to the metropolitan area. Georgia State Route 400? is situated one mile from the community and Interstates 85 and 75 are within a short drive.
“We’re thrilled to team with LMC on another development, particularly one in such a vibrant locale,” said Jason Bennett, division vice president for Hoar Construction. “Our co-development in Midtown Nashville was a resounding success, and we can confidently proclaim that Gentry will feature the same high level of craftsmanship and attention to detail.”
Gentry will consist of studio, 1- , 2- and 3-bedroom apartment homes and a select number of penthouse-level homes with hardwood floors. Apartment interiors will contain high-end finishes, wood-plank style flooring, custom cabinetry and private balconies. Select homes will include kitchen islands and wine fridges.
Community amenities will include an eighth-floor terrace with grills and an outdoor movie theater, and a 21st-floor amenity level. The latter will include a private dining room and catering kitchen, lounge, pool table, swimming pool, indoor/outdoor bar, grills, cabanas and a club-quality fitness center with indoor/outdoor yoga. Residents will also have access to bike storage, electric-vehicle charging stations and work-from-home spaces.
Gentry is LMC’s second apartment community under development in the Atlanta area. Vireo is projected to open in 2019 in Midtown and is also being developed in conjunction with Hoar Construction.
LMC, a leader in apartment development and management, and Hoar Construction have reached a major construction milestone in the development of Lumen at Tysons, a mixed-use luxury apartment community. On Tuesday, July 17, the construction team placed the last structural beam and celebrated their “topping out” with a ceremony. Lumen at Tysons, with a rooftop elevation of 869 feet above sea level (AMSL), now represents one of the highest points in the Washington Metropolitan area and one of the tallest buildings in the Commonwealth of Virginia.
“We’re very excited about this iconic project,” said Jeff Kruse, vice president of Hoar Construction’s Washington DC Division. “With such a prominent location in Tysons, the residents will have views that stretch from the Blue Ridge Mountains to the Washington Monument and National Cathedral. Lumen at Tysons is a landmark project in Tysons.”
When completed, Lumen at Tysons will be a 32-story building featuring 398 apartment homes and more than 11,000 square feet of retail space. Located near the intersection of Routes 7 and 123 (Leesburg Pike and Chain Bridge Road) and adjacent to Greensboro Station, the building sits within an international shopping district accessible within moments of the Capital Beltway (Interstate 495).
A public plaza and extensive amenity package are included within the development scope, and apartment interiors will feature high-end appliances, fixtures, and finishes.
“We’re excited to complete the concrete phase and begin implementing the finishing touches as we prepare to welcome our first residents,” said Stuart Cain, vice president of development for the Mid-Atlantic Region for LMC. “We’re thrilled to officially join the Tysons market, and we believe the intricate design of the high-rise and its vast array of amenities will make Lumen at Tysons one of the premier living options in the area.”
Lumen at Tysons is targeting first move-ins for Spring 2019.
LMC, a leader in apartment development and management, today announced the start of leasing of Core, a luxury apartment community located in the Platinum Triangle district of Anaheim.
The five-story community, which contains 400 apartment homes, features a commuter-friendly location and expedient access to many of Anaheim’s key attractions. Core joins a Platinum Triangle area that has morphed from an industrial site to a desirable urban locale with newly developed housing, office space and retail. First move-ins began June 1.
“Platinum Triangle is one of the hottest and most emerging districts in Orange County, and we’re thrilled to be a part of it,” said Ryan Gatchalian, division president of Southern California for LMC. “We believe Core, from its aesthetic design, top-of-the-line amenities and tech-related features, will provide a comfort and convenience that serve as a perfect fit for those moving to a new, on-the-rise neighborhood.”
Situated at 1815 S. Westside Drive, Core sits within a short drive of local attractions such as Disneyland, Angel Stadium, House of Blues and the Honda Center, home of the NHL’s Anaheim Ducks and high-profile concerts and events. The community also boasts prime access to Interstate 5 and California State Routes 22 and 57, which provide connectivity to the greater Los Angeles area and beyond. In addition, the Anaheim Regional Transportation Intermodal Center (ARTIC), with train, Metrolink, bus and other transportation services is located just over a mile from the community.
Core is centrally located among some of Anaheim’s most notable nightlife options and breweries, such as Legends Craft Brewery, Packing House, Noble Ale Works, Karl Strauss Brewing Company, JT Schmid’s Restaurant & Brewery and BJ’s Restaurant & Brewery. Among the vast local retail options are Anaheim GardenWalk, Anaheim Plaza, Anaheim Hills Festival, Anaheim Town Square, Anaheim Marketplace and The Outlets at Orange.
Core consists of studio, 1- and 2-bedroom apartment homes and townhomes ranging from 604 to 1,463 square feet. Included are 2-bedroom townhomes and 2-bedroom loft layouts. Apartment interiors are furnished with hardwood-style flooring in living areas, quartz countertops, stainless-steel appliances with slide-in gas ranges, under-mount cabinet lighting, designer plumbing fixtures, keyless entry, modern kitchen and bathroom cabinetry, and walk-in closets. Select homes feature nine- to 12-foot ceilings.
Residents also have access to the “stlt” suite of amenities, which include an exclusive co-working lounge with private offices and conference capabilities; a state-of-the art fitness and training center with motivational Fit Wall; and Lennar Dream Suite by Lutron, which provides the ability to control automated shades, lights and thermostat from a smartphone. Additional community amenities include a resort-style pool with chaise lounges, outdoor sports bar with TVs, spa retreat with day beds and resident lounge with catering appliances. Residents also have access to electric-vehicle charging stations and 24-hour digital package lockers.
Core will join the five apartment communities LMC has developed in southern California. Others include Malden Station (Fullerton), Olympic & Olive (Los Angeles), The Colony at the Lakes (West Covina), The Highland Residences (Hollywood) and Shift (San Diego; to open in June). Three others are currently under development, including Marisol, Luma and Oceanaire. Two others, North Park and Symphony, are slated for future development.
LMC, a leader in multifamily home development and management, today announced the start of construction of The Bower, a mixed-use apartment community in the emerging Totem Lake neighborhood.
The community, being developed adjacent to The Village at Totem Lake and EvergreenHealth Medical Center near downtown Kirkland, will consist of 339 apartment homes and 7,000 square feet of ground-floor retail. First move-ins are anticipated for late spring/summer of 2020.
“The Puget Sound economy continues to be one of the most robust in the nation with quality job growth and strong in-migration,” said Brad Reisinger, division president of Pacific Northwest for LMC. “Kirkland has always been a strong suburban market with its picturesque downtown, strong schools and access to transit and quality jobs. The redevelopment of the Totem Lake Mall has extended that energy to the north. We’re excited to get started on a community that will capitalize on this energy and exceed expectations for high-quality living in the area.”
Under development at 11811 NE 128th Street, the community will aim to continue Totem Lake’s long history of being a gathering place, even as the neighborhood continues to evolve. The neighboring Village at Totem Lake is a new major lifestyle redevelopment that will be anchored by Trader Joe’s and Whole Foods and will include a luxury cinema, village commons and park, and high-end restaurants and retail. EvergreenHealth Medical Center, a premier hospital featuring advanced medical services, offers an abundance of health-related occupations, and its presence conveniently places the community directly amidst entertainment, employment and transit opportunities.
The community will feature excellent access to State Route 520 and Interstate 405, which will provide connectivity to Downtown Seattle, Bellevue and the key locales across the metropolitan area. Residents also will be able to utilize a direct-access freeway bus stop that includes stops throughout the metro area. In addition, the community sits less than four miles from Woodinville, home to more than 100 wineries and breweries.
Tech continues to blossom along the I-405 corridor, with the offices of Google, Tableau, Microsoft, Wave, GoDaddy, Facebook, IBM, the University of Washington and many others driving employment. Seattle is notable for the presence of Amazon, but the area is well balanced professionally between tech, manufacturing and service-related employment.
The Bower will consist of studio, 1- and 2-bedroom apartment homes and will feature a 2,800-square-foot fitness center with multimedia motivational wall. Additional community amenities will include a game room, resident co-working office with conference rooms, demonstration kitchen with indoor/outdoor lounge, courtyard pavilion with bar and BBQs, sun deck courtyard, rooftop deck with bocce court and fire pits, and a sixth-floor social lounge with a bar and media area.
Apartment interiors will include wood-plank style flooring, quartz countertops with under-mount sinks, a full stainless-steel appliances package including bottom-freezer refrigerators, AC ports, tile backsplashes and tub surrounds, under-cabinet lighting and in-home washers and dryers.
Including The Bower, LMC has six apartment communities in operation or under construction in the Seattle area. Additional communities include Twenty20 MAD, Valdok 1701, Axle, Valdok 1702 and The Whittaker.