Quarterra Multifamily Delivers Socially-Driven Living Experience at 329-Unit Towne Nashville Apartments in Germantown Neighborhood

NASHVILLE, TN – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Towne Nashville, a 329-home mid-rise community in Nashville’s vibrant Germantown neighborhood.
Towne is located on the north end of Germantown, once a quaint pocket neighborhood and now a fully restored Victorian neighborhood where historic sites are complemented by high-end restaurants, eclectic boutique shops and live music venues. Now one of the most traversed sites in Music City, Germantown is a haven for locals looking to escape the tourist districts for a night out. Towne harnesses the neighborhood vibe to offer a connected, inclusive and socially-driven living experience.
“It really is hard to beat the culture and energy that Germantown brings to the table, and Towne puts all of those opportunities within simple reach of residents, while providing simple access to the rest of Nashville,” said Cameron Palm, Quarterra Senior Development Manager, Southeast Division. “From re-envisioned warehouse spaces to the brick sidewalks to the history of the Bicentennial Capitol Mall State Park, the neighborhood has a period charm that is completely unrivaled. Towne residents will have access to all those venues right out their front doors, with modern, well-appointed homes and a modern suite of convenient on-site amenities to come home to.”
The character-rich Germantown neighborhood is known for its critically acclaimed restaurants, including 5th & Taylor, The Local Distro, Germantown Pub, Rolf and Daughters, Steadfast Coffee, 312 Chicago Pizza Company, and Slim & Husky’s. The area is also home to the Nashville Farmers Market, with its eclectic global dining options and seasonal produce vendors. One-of-a-kind retailers call nearby Clinton Street home, while the Bicentennial Capitol Mall State Park offers skyline views and harkens back to Tennessee’s rich history.
With a prime location at 808 Garfield Street, Towne also facilitates an active lifestyle. The community puts residents within simple access of Cumberland River Greenway, Morgan Recreation Center, Ted Rhodes Field, Metro Center Complex, Elizabeth Park and First Horizon Park – home to the Nashville Sounds AAA professional baseball team.
Towne affords residents simple connectivity to nearby I-65, with quick links to Interstates 24 and 40 and the rest of the city, state and region. The prime accessibility simplifies the commutes to major regional employers, including Amazon, Microsoft, Cigna-Healthspring, Tennessee State University, HCA and Alliance Bernstein. Bike lanes on Rosa L. Parks also make local trips possible by pedal power. The community is equipped with a six-floor garage with four EV charging stations.
Towne consists of studio, one-bedroom, one-bedroom+den and two-bedroom apartment homes, ranging from 630 to 1,150 square feet. Homes are designed in two different color schemes, and come with internet ready WiFi connection, smart locks and wide-plank vinyl tile flooring. Modern kitchens are equipped under-cabinet lighting, frameless shaker cabinets, tile backsplashes and quartz countertops, while bathrooms are highlighted by tile tub surrounds and walk-in showers. Bedrooms feature walk-in closets.
Common areas are designed with thoughtful, contemporary touches that evoke an outdoorsy vibe with wood tones and metal accents. All residents have access to multiple courtyards, including: a pool courtyard includes cabanas, tanning shelves and an exercise area; music writing room; an acoustic stage courtyard with fire pits and full hookups for outdoor music performances; and courtyards with hammocks and grills. The clubhouse comes complete with golf simulator and entertainment kitchen, and the fitness center includes studio space and Mirror technology. Residents can also take advantage of a skylounge with expansive city views, a dog run, ChargePoint car chargers, work from home suites and Luxor package lockers.

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Greystar Announces Groundbreaking on 305-Unit Laurent Apartment Community in South Charlotte’s Rea Farms Suburban Center

CHARLOTTE, NC – Greystar Real Estate Partners, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, announced that it is breaking ground on a groundbreaking new community in Rea Farms called Laurent.
“Laurent is going to bring a sophisticated and elevated experience that offers the right lifestyle comforts typically found in the hospitality industry,” said Mike Sullivan, Greystar Director of Development. “The location is fantastic as it sits within the Rea Farms suburban center, which features over 250,000 sq. ft. of convenient and walkable retail with the Laurent being seamlessly woven into the plotted community park extension.”
Greystar overcame several challenges with this new development. The parcel was initially zoned for office space. In cooperation with Lincoln Harris, Greystar was able to successfully rezone the site to include apartments.
The community will have three- and four-tale buildings and will feature a variety of spacious floor plans, including studio, one-, two- and three-bedroom apartments, as well as townhomes. Each apartment home will have high-quality finishes such as a luxury closet system and tile floors in the bathrooms. All corridors are air conditioned and will have elevators, an uncommon, but desired feature in three-tale apartments. Laurent’s highlight will be a third-floor amenity terrace that will have views of the community park, as well as a robust social calendar geared toward enhancing the resident lifestyle experience.
Greystar selected architecture firm Dwell Design Studio, interior designer Cline Design and civil engineer and land planner Land Design to bring the vision for Laurent to life. Greystar’s internal construction team will be the general contractor. U.S. Bank is providing construction financing for the project. With the completion of Overture Providence in 2018, this will be Greystar’s second project within Rea Farms and Greystar’s 12th development in Charlotte. The community’s targeted completion date is early 2025, with pre-leasing beginning in the second half of 2024.

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Wood Partners Breaks Ground on 228-Unit Alta North City Upscale Residential Community in Seattle’s Growing Shoreline Submarket

SHORELINE, WA – National multifamily real estate development leader Wood Partners and their capital partner, ParkProperty Capital, kicked off the official groundbreaking of its latest residential community, Alta North City, located just north of Seattle in Shoreline’s growing North City neighborhood. With construction on the project already underway, Alta North City is expected to open in mid-2025.
The forthcoming community will be situated less than 20 minutes north of downtown Seattle in the emerging suburb of Shoreline. With the development of Alta North City, Wood Partners aims to provide a right live, work, play community for residents with convenient access to the upcoming Link light rail stations, a variety of shopping options, restaurants, and parks just outside their doors. The property itself will include more than 4,000 square-feet of ground floor retail with outdoor plaza space.
“We are beyond excited to officially break ground on our newest mixed-use project, Alta North City, in the growing city of Shoreline, which we hope will provide the perfect balance of city and suburban living for our future residents,” said Michael Nagy, Managing Director at Wood Partners. “Alta North City highlights Wood Partners’ continued expansion within the Seattle marketplace, as well as the company’s dedication to providing the highest level of quality and sophistication for residents to delight in.”
Once complete, Alta North City will offer 228 apartment homes comprised of studio, one- and two-bedroom custom-designed floorplans for residents to choose from. Throughout the community, each home will showcase a vibrant design aesthetic, complete with high-end fixtures and finishes for residents to delight in. Key interior living features include stainless steel appliances, quartz countertops, chrome gooseneck faucets, and designer tile backsplashes and accents throughout. Additional home features will include wall-to-wall wood-style flooring, full size in-unit washer and dryer sets, spacious closets and balconies, and energy efficient heating and cooling. Outside their homes, residents will also have access to Alta North City’s array of attractive community amenities, including an impressive roof-top deck with gorgeous views of the surrounding Puget Sound area. In addition, residents will delight in the community’s custom-designed clubroom with co-working features, garden courtyard, and a 24/7 state-of-the-art fitness center.
“We are excited to partner again with such a high-quality developer in Wood Partners and grow our footprint in Seattle,” said Brendan Whalen, Managing Director of ParkProperty Capital. “This will be our second investment in Seattle where we see a lot of opportunity given the continued growth and high quality of life in the metro. This is also the ninth investment through our discretionary fund platform that has invested over $350M in equity over the past two years into similar development opportunities throughout the major markets in the U.S. Sunbelt and Pacific Northwest, so this is an vital milestone for ParkProperty Capital on multiple fronts.”

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