Despite the high costs of construction materials and labor, multifamily builds are wrapping up and bringing in tenants. In the Sun Belt and beyond, operators are pre-leasing and leasing in time for the spring moving season.
Here are four multifamily developments that have recently opened their doors to renters.
Enso Apartments opens in Seattle area
Units: 316
Property type: Transit-oriented development
Developers: American Capital Group and Clarion Partners
Enso Apartments is located in Lynnwood, Washington, within a federally designated Qualified Opportunity Zone in the heart of Lynnwood City Center, with convenient access to downtown Seattle, according to a press release shared with Multifamily Dive.
With proximity to Interstate 5 and the Lynnwood Link light rail station, Enso offers connections to major employment centers in Greater Seattle. Per the release, the project reflects ACG and Clarion’s focus on transit-connected, high-growth markets. Snohomish County has experienced steady wage growth, and the Lynnwood submarket continues to attract renters seeking more flexibility and convenient regional access.
The development includes studio, one-, two- and three-bedroom units near approximately 3,950 square feet of retail space. Amenities include a central courtyard, a fitness center, a yoga studio, a game zone, coworking spaces and sky lounges with mountain views. All units include in-home air-conditioning.
Strait & Nelson opens in Central Texas
Units: 360
Property type: Single-family rentals
Developers: Woodfield Development
The first residences have been delivered and move-ins are underway at Strait & Nelson, a new apartment community in San Marcos, one of Central Texas’ fastest-growing university cities, according to press release shared with Multifamily Dive. Scheduled to be completed this summer, it’s Woodfield Development’s first residential project in the Lone Star State.
Strait & Nelson has a mix of one-, two- and three-bedroom residences ranging from 719 to 1,387 square feet. The units feature open floor plans, modern kitchens with stainless steel appliances and quartz countertops, wood-style vinyl flooring and expansive closets.
The community introduces a wide range of amenity spaces, including a clubroom with an entertainment kitchen and beer taps, a coworking lounge with private offices and conference rooms and a resort-style pool courtyard with outdoor gathering spaces. Other amenities include a fitness center, pickleball and sand volleyball courts, a gaming lounge, a private dining room, two dog parks with a grooming spa, bike storage, EV chargers and private garage options.
The Continental Residences complete in downtown San Antonio
Units: 290
Property type: high-rise
Developers: Weston Urban
The Continental Residences, a 16-story high rise designed by architect BKV, recently opened in downtown San Antonio, according to an April 7 press release from BKV. It’s situated between the historic Continental Hotel, Arana Building and De La Garza House within the Zona Cultural district. The building offers studio, one- and two-bedroom apartments as well as a selection of two-story townhomes.
A sixth-floor amenity suite features a clubroom, a coworking space, an indoor/outdoor fitness center and an outdoor pool deck with lounge areas and an outdoor kitchen, per the release. The 16th-floor sky lounge offers panoramic views of the neighborhood, nearby historic buildings and downtown San Antonio.
Rogers-O'Brien Construction was the general contractor for the project and Kairoi Residential is the property manager. Leasing and first move-ins are now underway.
New Tampa Palms open in Florida
Units: 402
Property type: Garden-style
Developers: Garden Communities Florida
The new 17-building luxury gated community, designed by BDG Architects, is set on 20 acres in Tampa, Florida, and offers all residents an active, resort-style lifestyle, per a press release from Garden Communities Florida. One- and two-bedroom floor plans span up to 1,409 square feet and feature gourmet kitchens, ample closets and an in-suite washer and dryer. All apartments have a patio or balcony and additional storage.
The pet-friendly community features the Palms Clubhouse with a lounge, a fitness center and resort-caliber amenities, including a saltwater swimming pool, a sundeck, a veranda, fire pits and al fresco dining and lounge areas, as well as a dog run and EV charging stations. A private community lake offers scenic views, while an on-site leasing and maintenance office and mail kiosk add convenience for residents.
“Exceeding 90% leased reflects the strength of the Tampa market and speaks to the quality of this community,” Mark Hoffman, the project’s developer, said in the release.
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