SAN RAMON, CA – SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, announced today its plans to develop 994 residential units in the 65+/-Lawrence Station Area Plot in Santa Clara, California. Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, SummerHill has named this exciting new development Nuevo.

Nuevo will be Santa Clara’s largest master-plotted housing development since Rivermark. Nuevo will consist of 457 for-sale residential units including six for-sale live/work units, 537 apartments, and approximately 40,000 square feet of neighborhood retail and restaurants. The company has started the demolition of the aging light industrial facilities located on site and expects to commence grading for the apartments this summer.

“We are thrilled to be moving forward with this master-plot development,” said Robert Freed, President and CEO, SummerHill Housing Group. “We have been working with the city of Santa Clara for over three years and have assembled land from seven different landowners.”

“The City is excited to see SummerHill beginning construction in the Lawrence Station Area,” said Santa Clara Mayor, Lisa M. Gillmor. “Their development is the first of many that will bring the vision for the area to life. With a mix of residential and commercial uses, parkland and pedestrian-friendly development, all within close proximity to the Lawrence Caltrain Station, SummerHill’s groundbreaking will officially kick-off the transformation of this area into a vibrant and livable neighborhood.” 

SummerHill will offer a wide spectrum of housing types, from condominiums and apartments to townhomes and detached homes. “Given the scale of this new master-plot community, with expansive parks, neighborhood-serving retail, and a small walk to Caltrain, we anticipate that we will see many young professionals, singles and couples that are looking for a home close to their jobs and close to transit that connects them to Santa Clara and beyond,” said Freed. “With our single-level condominiums, we also expect to attract go-down buyers looking to downsize and remain in Santa Clara.”

SummerHill’s Nuevo community will include:  41 E-Homes, 176 TownFlats, 114 E-Towns, 120 condos, six live/work units, and 537 apartment homes of which 98 will be affordable apartment homes.

“We worked with an incredibly creative architect team to bring this exciting Nuevo community to life. Two of our most unique housing forms, the E-Homes and E-Towns, were made by Woodley Architectural Group,” said Katia Kamangar, Executive Vice President / Managing Director for SummerHill Housing Group. “These plans were designed to deliver higher-density for-sale housing with outdoor living translated into luxurious rooftop decks, which is very desired by the market.”

Future residents of Nuevo will delight in over three acres of fully-improved public parks, a community garden, an approximately 4,000-square-foot community center, a dog park, bike share facilities and many other amenities such as movies in the park, tot lot with children’s play equipment, turf areas for yoga/soccer, picnic tables, basketball/sport court, bike paths throughout community, bike share pods, outdoor reading rooms, neighborhood-serving retail, and EV charging capability. Amenities for residents of the apartment homes include pools outdoor BBQ areas, club rooms, fitness centers, business centers, pet grooming facilities, and bike storage/repair facilities.

Woodley Architectural Group of Santa Ana, California is the designer of the 155 E-Homes and E-Towns. KTGY Architecture + Plotting of Oakland, California is the designer of the 537-unit apartment community, 120 condominium units, and the six live/work units. SDG Architects of Brentwood, California is the designer of the 176-TownFlat units. HMH Engineers of San Jose, California is the engineer for the project and the landscape architect is R3 Studios of Oakland, California.

Once the demolition and grading have been completed, SummerHill expects to start construction on the for-sale residential models and the apartment community in September 2017, and complete the apartments in late 2019, and the buildout of the for-sale community in 2022.

In addition to the 994-unit Nuevo development, SummerHill Homes is currently under construction on new residential communities in the San Francisco Bay Area in Moraga, Los Gatos, Mountain View, Saratoga, Fremont, Pleasanton, and Redwood City for a total portfolio of 6,170+ residential homes. 

In addition, SummerHill Apartment Communities has seven new apartment communities in California in various stages of plotting and construction: 268 new residential units featuring a mix of apartments and condominiums in Burlingame; 694 residential units and 36,500 square feet of retail space near Milpitas BART Station; a proposed 211-unit apartment community in Mountain View; a 105-unit apartment community in Pasadena; and a proposed 255-unit apartment community in Carlsbad for a total portfolio of 4,315 apartment units. Currently, SummerHill is leasing 481 on Mathilda, a 105-unit apartment community in Sunnyvale; Villas on the Boulevard, a 186-unit apartment in Santa Clara; and Origin, a 153-unit apartment community in Seattle, Washington.

SummerHill Housing Group combines the expertise and market strength of the highly respected development firms San Ramon, Calif.-based SummerHill Homes and SummerHill Apartment Communities. SummerHill Homes specializes in mid- to high-end homes, and is nationally recognized for customizing development plans to accommodate a site’s special characteristics. SummerHill Apartment Communities has a long track record of developing award-winning apartment and mixed-use infill rental housing communities. Both firms specialize in the San Francisco Bay Area and Southern California.

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ATLANTA, GA – The Trillist Companies, a leading developer of the most innovative residential and mixed-use properties in the United States, has welcomed the first residents moving into YOO on the Park.  The highly anticipated 25-tale luxury multifamily property rising above Piedmont Park in the heart of Midtown Atlanta was unveiled this past week.  YOO on the Park offers a full spectrum of luxury lifestyle services and amenities to its residents.  

The announcement was made by Scott L. Leventhal and Joseph Kavana, co-founders of The Trillist Companies.

The pre-leasing of the property has been positive, with significant demand from residents seeking higher-quality finishes as can be found in YOO on the Park’s offering.  Specifically, there has been strong demand for the penthouse units which are now nearly leased.  In addition to YOO on the Park’s penthouse units, demand for the property’s varying unit types, including its studios, one-bedroom and two-bedroom units, has also been positive; with several options remaining available for prospective residents.

The prominent location adjacent to Piedmont Park appeals to residents with discerning taste seeking luxury lifestyle in the urban core. Property highlights include striking interiors and finishes designed by the world-renowned YOO Design Studio, with world-class amenities, stunning city and park views, spacious floor plans and terraces.  The community’s design is unlike any other in the marketplace.  As Atlanta’s only internationally-branded, lifestyle community, YOO on the Park offers a whimsical sense of place, an inviting and playful atmosphere and top-of-the-line finishes.

“We are pleased to welcome our first residents moving into YOO on the Park as the finishing touches are completed, such as the completion of the common areas and the landscaping paths and one of the largest living Green Walls in the nation covering the parking façade,” said Leventhal.  “Additionally, we are plotting a number of events surrounding the grand opening over the next few months.  YOO on the Park offers the highest level of luxury living to residents, with resort-style amenities and lifestyle-relevant services.”

“Midtown Atlanta has a quality of life virtually unmatched in the Southeast, from diverse dining to the finest in arts and cultural experiences,” said Midtown Alliance president and CEO Kevin Green. “YOO on the Park brings a distinctive new offering to Midtown that will further contribute to the vibrancy of this community.  We are excited to welcome YOO on the Park and its residents.”

Featuring a complete network of transportation choices, a colorful street scene and a mix of commercial and residential spaces, Midtown Atlanta was one of only five neighborhoods nationally to be named to the American Plotting Association’s (APA) 2016 list of “Fantastic Places in America.”

“The completion of YOO on the Park marks a significant milestone for us and a prominent addition to our growing portfolio,” added Joseph Kavana. “We are making unique communities and lifestyle destinations that offer a perfect fusion of urban life and world class amenities. YOO on the Park is the first YOO designed property developed by Trillist Companies to be completed in the US and will soon be joined by Metropica One, designed by YOO, the first of eight residential towers rising within a 65- acre master plotted development in South Florida.”

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CHICAGO, IL – Waterton announced the acquisition of an 81-unit rental community formerly known as Madison Aberdeen Place in Chicago’s West Loop. Located at 20 N. Aberdeen St., the property has been rebranded as The Aberdeen West Loop following Waterton’s acquisition.

Once an industrial area, the West Loop has emerged as one of the most well loved neighborhoods in Chicago, boasting award-winning restaurants and new retail, office, hotel and residential developments. The Aberdeen is positioned in the heart of this quick-growing neighborhood, less than two blocks from Randolph Street’s Restaurant Row. The area continues to attract high-profile employers that are moving all or part of their operations to the city, some from adjacent suburbs. 1KFulton, home to Google’s Midwest headquarters, is less than a half-mile from The Aberdeen, while McDonald’s future global headquarters, scheduled to open in 2018, is one block north of the community.

“This is a fantastic opportunity for Waterton to make its mark on one of Chicago’s most sought-after neighborhoods,” said Mark Stern, senior vice president of acquisitions at Waterton. “With world-class restaurants steps from the community’s front door and the rapid influx of jobs only adding to the area’s appeal, The Aberdeen’s location could not be better.”

Apartments at the four-building community include a mix of studio, one-, two- and three-bedroom floor plans. All units feature 10- to 11-foot ceilings, bamboo hardwood flooring throughout all bedrooms and living areas, and modern kitchens with solid wood cabinetry, granite countertops and stainless steel appliances. In addition, each apartment includes spacious closets, in-unit laundry and private patio or balcony. Attached heated garage parking is also available.

“Waterton plans to make minor cosmetic changes to each of the four lobby areas and hallways,” said Stern. “We also look forward to leasing the two ground-floor retail spaces that are currently occupied by the former owner, who developed the property in 2014.”

In addition to offering convenient access to nearby shops and restaurants, The Aberdeen is along the CTA’s No. 20 Madison bus route, three blocks from the Pink and Green lines, and within walking distance of Metra lines at both the Ogilvie Transportation Center and Union Station.

The Aberdeen marks Waterton’s first multifamily acquisition in 2017. The firm owns and man ages four other rental communities in the Chicago area comprising nearly 3,250 units.

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