55+ Apartment Community Near Transit and Retail Commences Construction in Denver Metro Area

DENVER, CO – International award-winning KTGY Architecture + Plotting announced today that Avenida Partners, LLC has begun construction of a new 230-unit service-enriched rental community for active adults age 55 and better in the metro Denver. Avenida Lakewood is located just six miles from downtown Denver and in the heart of Lakewood at the corner of Colfax Avenue and Owens Street.

Avenida Lakewood is the centerpiece of the Oak Station Marketplace mixed-use development serving the newly-constructed W Light Rail Oak Station; and is within walking distance to King Soopers, a supermarket brand of Kroger, and many other shops and restaurants. Notable locations such as Colorado Mills Mall, Westland Town Center, St. Anthony Medical Center and the Denver Federal Center are all nearby. 

Designed by KTGY, Avenida Lakewood apartment community provides four-tales of exquisite 55+ experiential living on 6.09 acres. According to KTGY Principal Terry A. Willis, AIA, LEED AP, “This handsome 55+ community embraces both Rocky Mountain and Denver skyline views, while giving residents vibrant living options through upscale amenities on site and connections to what the entire metropolitan region offers by nearby access to the Oak light rail station on the W Line.”

Avenida Lakewood features three creative garden courtyards, a wide variety of interior amenities and activities happening all day, every day. “What makes Avenida Lakewood unique is its ‘S’-shaped configuration organized around three distinct and lushly landscaped courtyards, for active, passive, pool and poolside activities topped-off with the rooftop ‘sky lounge’ with private indoor/outdoor entertainment areas with views of the Rocky Mountain foothills and the downtown skyline, an exceptional feature in this area,” stated Willis. 

Robert D. May, managing partner with Newport Beach-based Avenida Partners, LLC, said, “Residents of Avenida Lakewood will delight in resort-style amenities and gorgeous, modern apartment homes without the responsibility of ownership. The goal is to make the residents’ lifestyle as luxurious and effortless as possible, so they can delight in every day to the fullest.”

Willis notes that Avenida Lakewood’s design accommodates the slope of the site by making a lower level at the bottommost end of the site and increasing the ceiling height in the amenity space at the center of the site. “The amenity space wraps the central courtyard boasting a heated saltwater pool, spa and outdoor dining; while the interior offers residents access to yoga and fitness rooms, beauty salon, lounge, TV room and movie theater, arts and crafts room; bistro/dining hall, living room, business center and conference area,” Willis said.

Other community amenities include an elegant fantastic room, pub and game room, dog park, outdoor patio and barbecue grills, garden plots, shuffleboard area and walking trails. Enclosed single-car garages and storage are also available for a small additional fee.

The apartment homes at Avenida Lakewood range in size from 793 sq. ft. to 1,238 sq. ft. and include a mix of 92 one-bedroom apartments and 138 two-bedroom apartments. Some of the apartment features include a private balcony, granite countertops, wood cabinetry with designer hardware, stainless steel appliances, and washer and dryer in all homes.

“There is a tremendous demand for more senior housing as our population ages,” said May. “And, by allowing Avenida Lakewood residents to choose which amenities and services they pay for rather than paying for what they don’t use, seniors can make their money go much further. We hope to set a new higher standard for active-adult living in the Denver metro area with the debut of Avenida Lakewood.”

The presale office is slated for opening in May 2018. The community grand opening is plotted for spring 2019. For more information about Avenida Lakewood, visit AvenidaLakewood.com

Powered by WPeMatico

Apartment Community Bucks the High-Density Trend with Opening of Largest Rental Units in Arizona

SCOTTSDALE, AZ – Despite the increasing number of high-rise rental communities dotting the metro landscape, Arizona residents like their space, and now there’s a new community in the high Sonoran Desert of North Scottsdale that meets this need like no other in the state.

San Portales quietly opened its first phase to new residents, welcoming them to a community that offers a distinctive living experience with expansive floor plans, direct-access two-car garages and elevators located throughout the community. These attributes supplement an array of other resort-like amenities, and broaden the appeal of the community to a demographic that, in many cases, hasn’t lived in a traditional apartment for quite some time.

“There’s no rental community in the area that provides the same combination of security, convenience, professional full-time staff, low-density environment and the large, livable floorplans that San Portales does,” said Mark-Taylor Executive Vice President Chris Brozina. “We made a concerted effort to make a place that renters truly see as a viable option to owning a single-family home.”

Due to the timing of her go, new resident Kathryn Brudnak, 50, chose San Portales sight unseen.

“I took a leap of faith and worked closely with the management team, who provided me with everything that I needed to have a vision of what it would be like,” Brudnak said. “It far exceeded my expectations with storage and quality, from the paint on the walls to the gorgeous kitchen island.”

With a physical condition that limits her mobility, Brudnak appreciates the expansive space, garages so her visitors have a place to park and the elevator, which is right outside her door. Her prior apartment did not have an elevator. 

“I called my mom right after I went in and told her ‘I finally feel like I’m home!'”

As part of the Silverstone at Pinnacle Peak master plot – the site of the former Rawhide Western Town on Scottsdale Road – San Portales features the upscale appointments Mark-Taylor communities are known for: guard-gated porte-cochere entry monuments, ENERGY STAR construction quality, lush landscaping, a lagoon-style pool, and interior amenities often found in custom homes.

Located at 7215 S. Silverstone Dr. in Scottsdale, San Portales is at the epicenter of a luxury lifestyle location with high-end retail, restaurants and desert hikes nearby. The community is in close proximity to some of the most gorgeous golf courses in the southwest, with Pinnacle Peak Country Club, Grayhawk and DC Ranch golf courses all within a few minutes. The community’s two secure, gated entry points lead to walking trails and the adjacent Pinnacle Peak retail center and Sprout’s Farmers Market.

Powered by WPeMatico

Inland Real Estate Acquires 304-Unit Alta Legacy Oaks Apartment Community in North Carolina

RALEIGH, NC – Inland Real Estate Acquisitions announced that it negotiated and closed the buy of Alta Legacy Oaks, a 304-unit multifamily property located in Knightdale, North Carolina, a western suburb of Raleigh. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, Inc., completed the deal, with help from Brett Smith, assistant vice president and associate counsel of The Inland Real Estate Group, LLC, Law Department, on behalf of an Inland affiliate.

Constructed in 2009, the property is located at 1150 Baxter Lane and will be renamed View at Legacy Oaks. The property consists of 14 three-tale buildings featuring 84 one-bedroom, 172 two-bedroom and 48 three-bedroom units with 546 total parking spaces. The one-bedroom units measure between 744 and 832 square feet, the two-bedroom units offer sizing between 996 and 1,223 square feet and the three-bedroom units offer 1,290 to 1,502 square feet of living space.

The View at Legacy Oaks also features a multitude of community amenities including an oversized resort-style pool with a large sundeck, a poolside outdoor kitchen, an outdoor game lounge, a 24-hour fitness center, a community garden, a business center, a dog park, a car care center, a playground and a clubhouse with a grand fireplace.

Additionally, the View at Legacy Oaks is located 1.5 miles from a major retail area that includes Target, The Home Depot, Lowes Foods, Petco and Dick’s Sporting Goods, while Raleigh’s premier shopping destination, North Hills, is less than 15 minutes from the property. Residents also have convenient access to outdoor recreation options with the nearby 27.5-mile Neuse River Greenway and the 3.5-mile Mingo Creek Trail.

“Ideally located near downtown Raleigh, North Hills, WakeMed Hospital and Research Triangle Park, the View at Legacy Oaks provides more than 118,000 residents within a five-mile radius with convenient access to a variety of medical, government, technology, banking and education employers in the area,” said Cosenza. “Combined with its significantly larger square footage offerings per unit and high quality community amenities, this property is an brilliant example of the types of multifamily acquisitions we continue to seek out.”

As of November 9, 2017, the property was 96 percent occupied.

To date, Inland Real Estate Acquisitions, Inc. has facilitated more than $45 billion of buys including single-tenant properties, medical office buildings, retail properties and a total of more than $4.5 billion in apartments.

Powered by WPeMatico