SAN JOSE, CA-Construction is underway on ASCENT, a 650-unit luxury apartment community that could open as early as spring 2015.
Shea Properties and Ivanhoé Cambridge say the project, featuring one- to three-bedroom residences represents an investment of more than $200 million.
“ASCENT brings a new level of resort-style living to San José,” said Greg Anderson, SVP of Multi-Family Acquisitions and Development for Shea Properties. “The area is extremely competitive, as there are so many large employers. In order for us to attract renters to our community, we need to offer something more compelling.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
