The Asher Delivers 175 New Luxury Apartment Residences to The Heart of Minneapolis’ Desirable Uptown Neighborhood

MINNEAPOLIS, MN – Reuter Walton Development, a Minneapolis-based award-winning real estate company specializing in developing outstanding, community-driven project, and Northwestern Mutual, one of the nation’s largest real estate investors, are slated to welcome home residents to the area’s newest luxury apartment community, The Asher, in October 2020. The brand-new 220,000-square-foot community in Minneapolis features 175 units and provides casual cool living in an uptown atmosphere.
Located in the center of West Lake and Lagoon at 1125 Lagoon Avenue, The Asher’s desirable location provides simple access to local destinations, including the Greenway Trail, Uptown, the Chain of Lakes, and neighborhood restaurants and shops. With studio, one- and two-bedroom apartments available, each unit features sleek, contemporary interiors and smart-tech features, including two-toned cabinetry, stainless steel appliances, herringbone backsplash in the kitchen, in-unit laundry, private entrances, premium flooring and walk-up patios. Residents will also have access to private balconies in select units and entry to an outdoor terrace leading to the year-round temperature-controlled pool.
“With The Asher, we have made a luxury apartment community that emulates a best-in-class resort that prioritizes our residents’ comfort in one of the area’s most well loved neighborhoods,” said Diane Batayeh, CEO of Village Green. “Every detail of The Asher was carefully selected to reflect a high-quality, luxurious lifestyle ideal for entertaining family and friends or a relaxing night in. The result is a perfectly balanced mix of a casually cool community with unparalleled city living in the heart of Minneapolis that people will feel proud to call home.”
Residents of The Asher will delight in a variety of amenities, including a rooftop deck with grilling station, a 24-hour tech-focused fitness center, club room, on-site pet washing, coworking stations, and a bike and leisure activity lounge. The community also features eco-friendly amenity spaces that are solar powered.

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Mixed-Use Midrise Community Adds 224 Luxury Apartment Homes to The Bay Area’s Vibrant Uptown Oakland Entertainment District

OAKLAND, CA – LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the start of leasing at 19th & Harrison, a mixed-use apartment community in vibrant Uptown Oakland.
The midrise community, which features 224 apartment homes and 3,709 square feet of ground-floor retail, sits within Downtown Oakland’s most active entertainment district and within walking distance of Lake Merritt. Featuring a near perfect Walk Score of 99, residents are within steps of the city’s most eclectic dining, shopping, entertainment and cultural options. Go-ins are scheduled to start in August.
“The Downtown Oakland area is one of fantastic charisma with an authentic, walkable-bikeable urban fabric,” said Tyler Wood, vice president of development for LMC. “It continues to be a sought-after living destination. We greatly appreciate the City of Oakland, its staff, and the community stakeholders for their role in the development and completion of this community. We’re keen to open our doors to our initial residents.”
Situated at 1889 Harrison Street, the community caters to the work-from-home resident with a co-working lounge that includes collaborative and private workspaces, reservable conference rooms, coffee bar and free one-gigabyte Wi-Fi. Additionally, Do-It-Yourself (DIY) maker space is available for crafters, artists and members of the active-learning maker movement. From its prime East Bay location, 19th & Harrison offers views of Lake Merritt and Snow Park to the east, and Downtown Oakland and the San Francisco Bay to the west.
Residents also delight in commuter-friendly access with close proximity to the 19th Street BART Station, which offers 15-minute transit options to Downtown San Francisco. The locale also includes a Bike Score of 92—considered a biker’s paradise—less than a half-mile from charming Lake Merritt, a scenic lake and parkland that flanks the east side of the Downtown Oakland area.
Apartment homes at 19th & Harrison consist of studio, one- and two-bedroom homes with loft layouts available. Apartment interiors feature quartz countertops, glass-tile kitchen backsplashes, custom cabinetry, pendant lighting and under-cabinet lighting, stainless steel appliances, luxury wood-style flooring, nine-foot ceilings, full-size washers and dryers, walk-in closets and ceramic tile surrounds in showers. Select homes include opaque-glass barn doors.
The community also offers a deluxe suite of common-area amenities, including a rooftop lounge with barbecue area and outdoor TV, 24-hour fitness center with strength and cardio equipment, outdoor lounge and courtyard area with social spaces, a picturesque grand entry lobby and a dog spa with grooming station. Residents also have access to dedicated bike storage along Webster Street for daily commuters and a large mailroom with 24-hour digital package lockers. It also features a large public art installation by local artist Randy Colosky.
The community marks LMC’s eighth development in the Bay Area. It joins active communities Capitol 650 (Milpitas), Novo (Mountain View) and 17th & Broadway (Oakland). Fremont-based Aya will open later this year. Others include Marston (Redwood City), Tera (Mountain View) and Parker (Berkeley), which have since sold.

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Mountain Pacific Opportunity Partners Closes on Mixed-Use Multifamily Opportunity Zone Development in San Pedro, California

LOS ANGELES, CA – Mountain Pacific Opportunity Partners, a Los Angeles-based capital provider for multifamily development with a focus on Opportunity Zones, announces the closing of 336 W. Seventh Street, a 34-unit mixed use development in San Pedro, Calif.
In partnership with South Bay Developers and ARK Construction & Development Inc., the $14M development is located on 14,400 square feet of well-located Opportunity Zone land within the San Pedro Waterfront Arts District. The project broke ground last week, July 22, and is slated for completion in Summer 2022.
The five-tale building will feature 32 apartments, including one-, two- and three-bedroom residences in addition to two two-tale penthouses featuring one-bedroom a den, with three units designated as affordable housing. Additionally, the project will include 3,750 square feet of ground-floor commercial space intended for restaurant and retail tenants and parking for 44 vehicles.
Currently, a large amount of capital is being deployed into the market with many new retail, mixed use and residential development projects happening in San Pedro. 336 W. Seventh Street not only provides a walkable downtown environment, but offers a small commute to Long Beach, South Bay and downtown Los Angeles, says Mountain Pacific Co-Founder and Principal Joan Kramer. The project hits the right notes for a new build combined with heightened affordability in a market where there has not been a significant amount of construction over the past few years.
Designed by Breen Engineering, the contemporary podium-type building will include common amenities such as a fitness room, a landscaped open courtyard and a rooftop terrace offering ocean views.

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