The first apartments are expected to hit the market in early2002. The garden-style project is being completed in two phases.The first phase is slated to include 312 one- and two-bedroom unitsspread over 13 buildings. Units are expected to average 938 sf.
Amenities for the property will include a clubhouse, fitnesscenter, high-speed Internet access, and individual garages. John D.Eudy, executive vice president of development says, "The strongeconomic growth in the San Francisco Bay Area and local market hasled to high occupancy rates and increasing rents. With theconstruction of this community, Essex will deliver luxury apartmenthomes at a compelling value to an area experiencing a severeshortage of housing."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
