Embrey Closes Land Acquisition for 343-Unit Finley Apartment Community in Vibrant University City Submarket of Charlotte

CHARLOTTE, NC – Embrey has closed on the land buy for Finley, a 343-unit multifamily community project in Charlotte, North Carolina.
The project is Embrey’s second in the Charlotte market and is in the vibrant University City submarket. The location offers future residents close access to the city center, shopping, leisure activities and to the University of North Carolina at Charlotte via the LYNX Blue Line.
“University City has a strategic vision that will continue the momentum of being a highly sought-after place to live,” said Brad Knolle, Embrey’s Executive Vice President of Development. “This project embodies Embrey’s purpose of making communities where residents delight in premium living and luxurious amenities to fit active lifestyles.”
University City is home to many recent graduates and others in the University of North Carolina at Charlotte community. Finley’s location is in the heart of the community, which is the second largest employment center in Charlotte.
Finley’s first residential units and the clubhouse are expected to be available in the third quarter of 2024, with project completion scheduled in 2025.
Amenities will include a clubhouse with a game room and a business center that includes micro-offices and a conference room. Outdoor grilling areas, an outdoor gas fireplace, and a landscaped courtyard complement a resort-style pool. The property will feature a game room with billiards and arcade games, a leading-edge fitness studio with on-demand technology, and a yoga room.
Interior finishes will feature 9-foot ceilings. High-end kitchens will feature quartz countertops, custom cabinetry with designer pulls, stainless steel appliances, undercabinet lighting and upgraded undermount sinks.

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Toll Brothers Apartment Living Announces Grand Opening of 323-Unit Haverly Luxury Apartment Community in Phoenix, Arizona

PHOENIX, AZ – Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc, the nation s leading builder of luxury homes, has announced the grand opening of Haverly, a new five-tale, 323-unit luxury mid-rise apartment community in Phoenix.
Toll Brothers recently hosted a grand opening celebration at the property for its development partners and local officials, as well as current and prospective residents of the community. Haverly s construction started in 2020 and initial occupancy started in summer 2022.
We re thrilled to open our new luxury rental apartment community in Phoenix, building on Toll Brothers well-established presence of new home communities in the market, as well as Canvas, our student housing community near Arizona State University, said Charles Elliott, President of Toll Brothers Apartment Living. Haverly will continue to deliver the same brand promise that we re known for throughout the Valley, and we look forward to expanding our multifamily offerings in the Phoenix metro area.
Haverly is a five-tale, mid-rise building wrapped around an eight-tale structured parking garage. Situated on a four-acre site and totaling more than 450,000 square feet, the community includes 323 luxury residences offering a mix of studio, one-bedroom, and two-bedroom floor plans, as well as 468 parking spaces.
Haverly features about 12,000 square feet of indoor amenity space, where residents can delight in a hospitality lobby and lounge, Package Concierge lockers and oversized package room, community-wide Wi-Fi, a fitness center with state-of-the-art equipment and WellBeats®, a self-service bike repair station, bike storage, and secured parking with electric car charging stations and abundant storage solutions. Outside, a resident lounge features a complimentary coffee bar, a dog park and pet spa, a resort-style multi-tiered pool with water feature, cabanas, grills and fire pits, private courtyard lounges with lawn games and grills, and a rooftop lounge featuring plush seating, grills, firepits, and expansive views of Camelback Mountain.
Residences feature private balconies, smoked oak-style flooring in living areas and plush textured carpet in bedrooms, white quartz countertops and designer tile backsplash, kitchen islands with decorative pendant lighting, European-style cabinets with soft-close doors and drawers, Whirlpool® stainless steel appliances and contemporary undermount sinks, upgraded plumbing fixtures and hardware, designer light fixtures, lighted ceiling fans in bedrooms and living rooms, smart home technology featuring keyless entry, and USB outlets in kitchens and bedrooms. Select residences include double bathroom vanities, large soaking tubs and tiled stand-up showers with glass enclosures, and large walk-in closets with built-in storage and shelving.
Haverly sets the bar even higher for luxury residential rental offerings in Midtown Phoenix, with unmatched amenities and an exceptional resident experience, said Todd Bowden, Southwest Regional Director of Toll Brothers Apartment Living. With a fantastic Midtown location in the middle of it all, we re so excited to be part of this flourishing and vibrant neighborhood. We believe Phoenix is a fantastic market for us.
Located at 31 E. Thomas Rd., one block east of Central Avenue, Haverly is situated in the heart of the vibrant Midtown Phoenix submarket and just minutes from downtown Phoenix. Adjacent to the Valley Metro rail stop, the community location offers convenient light rail access to downtown, Sky Harbor Airport, and Tempe. Residents delight in convenient access to endless restaurants, retail stores, and office spaces all within a small walk.
Haverly residents also benefit from the robust economic expansion of Phoenix in recent years, with exceptionally strong job and population growth. Phoenix is home to numerous financial services, health care, technology, and startup companies. Fortune 500 employers in the market include Amazon, American Express, Avnet, FedEx, Freeport-McMoRan, GM, Honeywell, Insight Enterprises, Intel, PetSmart, OpenDoor, Republic Services, Wells Fargo, and ZipRecruiter.
In addition to its luxury apartment residences at Haverly, Toll Brothers Apartment Living started leasing at Callia, another luxury apartment community in Midtown Phoenix, earlier this year. Toll Brothers subsidiary Toll Brothers Campus Living also currently offers luxury student housing at its Canvas community near Arizona State University in Tempe, which features contemporary architecture, outstanding amenities, and elevated finishes exclusively for students.

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Quarterra Multifamily Starts Construction at 265-Unit Harper Midrise Apartment Community in Boston’s Art Centric Allston Neighborhood

BOSTON, MA – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, announced the start of construction at Harper, a mid-rise community in the Boston neighborhood of Allston, known as the city’s hub for public art and music.
Harper brings 265 apartment homes to Allston, which is named after American painter and poet Washington Allston. Fittingly, Allston is renowned for its collection of murals and unique music venues. The neighborhood historically attracted a large student demographic, due to its location at the center of Boston’s top universities, Harvard University, Massachusetts Institute of Technology (MIT), Boston College, Tufts University and Boston University. In recent years, but, the area has also become home to a diverse population of young professionals, lured by the public art and burgeoning music scene.
“Allston is perfectly positioned amid Boston’s unparalleled academic institutions. But the neighborhood has really taken on its own identity over the years,” said Dan Lee, Quarterra’s Division President for New England. “Harper residents will have simple access to everything those first-class university systems have to offer but will also be at the heart of an incredibly active and eclectic arts and entertainment scene. We’re excited to introduce a Quarterra community to this already thriving neighborhood and contribute to the vibe that makes Allston such an enviable place to live.”
Situated at 40 Rugg Road, Harper will truly be at the center of it all. Harper is also just a stone’s throw away from several sports venues: historic Fenway Park, home of the Red Sox; Warrior Ice Arena, practice facility for the Boston Bruins; Auerbach Center, practice facility for the Boston Celtics; and the Track at New Balance multisport complex. Other local cultural opportunities include the Museum of Fine Arts, the Honan-Allston Branch of the Boston Public Library and the annual Allston Village Street Honest. Residents will also delight in nearby Magazine Beach, Ringer Playground, Artesani Wading Pool and Spray Deck, Arsenal Community Park and Skate Park, Penniman Road Play Area, and Mansfield Street Dog Park.
Harper is within walking distance of Allston’s retail, dining and nightlife district along Harvard Avenue and Cambridge Street. The Allston Yards mixed-use development, with 50,000 square feet of retail and a new, 67,000 flagship Stop & Shop grocery store, is only a quarter mile away. Less than half mile away, the mixed-use Boston Landing development features 25 shops and restaurants. Major employers in the Boston Landing campus include the New Balance headquarters, WGBH-TV, Proteostasis Therapeutics, Roche Diagnostics and Mass Innovation Labs. Harper is also a small commute from Longwood Medical Area and the athenahealth headquarters.
The Boston Landing MBTA Commuter Rail station is in close proximity to the community, providing direct access to Boston’s Yawkey (Longwood), Back Bay and South Station along the Framingham/Worcester line. The train accesses most entertainment and commercial hubs – including Fenway and the financial district – in less than 15 minutes. Additionally, Harper is located half a mile from the Harvard Avenue Station of the MBTA Green light rail station. The community will also have brilliant highway connectivity, with the Mass Pike (I-90) just a quarter mile down Cambridge Street, and Boston’s other major thoroughfares just minutes away.
At Harper, residents will choose from studio, one- and two-bedroom apartment homes, ranging from 450 to 1,120 square feet, including eight designated artist studio units. Homes will be appointed with stainless steel appliances, quartz countertops, wood-inspired flooring throughout, keyless entries, under-cabinet lighting and movable islands in select floor plans.
The community, which has been designed to achieve LEED Gold certification, will be highlighted by two rooftop decks, 11,000 square feet of landscaped green space, interactive streetscapes and 2,500 square feet of ground-floor retail space. Harper residents will have access to a club room with a fireplace lounge, a fitness studio with flex space, co-working spaces with a private conference room, an artist studio, dog run and pet spa, bike storage rooms and a fully automated parking garage.

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