Wood Partners Announces Grand Opening of New 250-Unit Alta East Luxury Apartment Community in The Heart of Atlanta

ATLANTA, GA – Wood Partners, a national leader in multi-family real estate development, announced the grand opening of its newest luxury residential community – Alta East – in Atlanta, Georgia.
Located at 777 Memorial Drive, Suite 7000, the new community is in Reynoldstown inside the master development Atlanta Dairies which includes trendy dining and a 2,200-person capacity concert hall within walking distance of the property. The centralized location puts the community at the heart of Atlanta’s best neighborhoods including Downtown Atlanta, Ancient Fourth Ward, Cabbagetown, Inman Park, Small Five Points and Edgewood.
“We are excited to continue to expand our footprint in the highly-competitive Atlanta market,” said Bennett Sands, Managing Director for Wood Partners. “This new community is an extremely desirable location for people who are looking to delight in the opportunities that in-town living offers.”
Alta East is located just off the East Atlanta Beltline Extension, a former railway corridor located around the core of Atlanta that has been transformed into a multi-use trail for people to delight in. The community entrance is off of Pearl Street and Memorial Drive near Interstate 20 and Bill Kennedy Way SE giving residents simple access to the entire Greater Atlanta area.
The Atlanta Dairies development next-door to the community offers tasty restaurant options like Three Taverns Imaginarium, Wonderkid and Cold Brew Bar as well as a live music venue, called The Eastern. Additional recreational activities in the area include the Atlanta Zoo, Georgia Aquarium, Fox Theatre and Mercedes Benz Stadium. Convenient retail options within close proximity include a brand-new Publix, Kroger, Target, Lowe’s Home Improvement and Best Buy.
The new community includes 250 apartment homes featuring a mix of one-, two- and three-bedroom floorplans as well as studios. Alta East also offers 38 workforce housing units targeted towards essential workers in the area including teachers, firefighters, nurses and law enforcement professionals.
Alta East features best-in-class amenities and finishes. The community’s apartment homes feature stainless steel appliances with a gas cooking range, a side-by-side refrigerator with in-door ice and water dispenser, a deep single-basin kitchen sink, quartz countertops in the kitchen and bathroom, modern matte black hardware and accessories, pendant lights and ceiling fans, full-size washer and dryers and private patios and balconies.
Resident amenities include a centerstage lounge and game room, a business center equipped with a contact-free wireless color printer, co-working and drop-in office spaces and a 24/7 fitness center and power gym. Outside, the community features a saltwater swimming pool with a Baja tanning shelf, an outdoor kitchen with gas grills, a leash-free pet park and paw spa as well as an expansive bicycle storage room and repair center.
Additionally, there is a gated parking deck with electric car charging stations, a guest entry callbox with live video and 24/7 access to a ButterflyMX package room.

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Discovery Senior Living Hosts Long-Awaited Grand Opening Event at Its Newest Independent Living Community in Naples, Florida

NAPLES, FL – Discovery Village at Naples invited local seniors, families and the general public to attend a commemoration and grand opening event for its Active Independent Living community.
The socially distanced ceremony was held at the community, located at 8375 Sierra Meadows Boulevard in Naples, near the corner of Rattlesnake Hammock Road and Collier Boulevard. Guests were served chef-prepared appetizers and beverages and took take private or small-group guided tours of the brand-new Active Independent Living community.
Centered around a 120,000-square-foot Grande Clubhouse, the new Discovery Village at Naples offers multiple, casual and upscale dining options including a full-service bar and lounge and available private dining for families and special events. There’s also Bailey’s Bistro & Ice Cream Parlor and an alfresco dining patio.
Outside, residents delight in a zero-entry heated pool with private cabanas, a putting and small-game practice area for golfers, and a fireplace perfect for nighttime gatherings. Amenities abound inside as well, with a luxurious and high-tech movie theater, professional beauty salon and spa with barbershop, and FitCamp, a health-club-quality fitness experience that uses the latest in senior-specific exercise equipment and individualized workout plans and support from FitCamp personal trainers.
“Guests are sure to be impressed by the beauty, newness and broad scope of our community and its amenities,” said Anthony Alongi, Executive Director, Discovery Village At Naples. “But being here, I reckon they’ll also experience firsthand the more customizable way of life, and the satisfaction and all-around value that result from it.”
Discovery Village at Naples opened and welcomed its first residents in June 2020, albeit amidst lesser fanfare due to COVID-19. Nonetheless, the new-construction community is among Naples’ newest and most innovative, even offering a proprietary resident program called FlexChoice, where a part of residents’ monthly rent becomes a credit which they’re free to use for customized services and/or experiences (e.g., dining, entertainment, wellness, housekeeping, etc.) of their choosing all month long.
Discovery Village at Naples is the newest flagship community by locally owned and operated Discovery Senior Living, whose national, multi-brand portfolio includes more than 70 communities across 15 states.

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CIM Group Completes Construction of 111 Montgomery Condominium Residences in Brooklyn’s Crown Heights Neighborhood

BROOKLYN, NY – CIM Group announced the completion of construction of 111 Montgomery, the first newly built, full-service luxury condominium in Brooklyn s Crown Heights neighborhood. 111 Montgomery has officially commenced unit closings and has been welcoming the first residents to the 12-tale, 163-unit building, which offers an array of floor plans ranging from studios to three-bedroom homes. CIM co-developed 111 Montgomery with LIVWRK.
111 Montgomery is located in a culturally rich neighborhood, adjacent to the 52-acre Brooklyn Botanic Garden and Prospect Park, also known for its scenic gardens, as well as the nearby Brooklyn Museum. The building draws inspiration from these natural environments and provides an indoor/outdoor living experience with many units having private balconies or terraces as well as a rooftop featuring a fully landscaped terrace with grills, tables, benches, and open-air lounges with views of the Manhattan skyline.
Oversized windows add a modern context and provide abundant light, with many homes having views of Prospect Park and Brooklyn Botanic Garden. The exterior brick façade complements the surrounding historical neighborhood. The building s offerings also include an attended lobby with a doorman, on-site parking, resident lounge, state-of-the-art fitness center, children s playroom, and ample bike storage.
With 111 Montgomery, CIM Group applied its expertise of owning, operating, and developing projects to enhance the evolving Crown Heights neighborhood as well as provide attractive residential ownership options for New Yorkers, said Jason Schreiber, Principal, Investments of CIM Group.
For over a decade, CIM has been an owner, operator, developer, and lender of real assets in New York City with properties including 432 Park Avenue condominiums, 11 Madison office building, 15 William condominiums, 1440 Broadway office building, 16 Court office building, The Dominick Hotel, and the Front & York residential and retail development in DUMBO.

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