Wood Partners breaks ground on $45 million apartment community in US17 August 2012
US-based multifamily developer Wood Partners has commenced construction work on a $45 million apartment community in Hopkinton, in the US state of Massachusetts.
The 240-unit apartment community, known as The Alta Legacy Farms, is part of the Legacy Farms project, a 730-acre suburban community consisting of 700 single-family and attached homes. The development is expected to be completed by the end of 2013.
Alta Legacy Farms will comprise 156 one-bedroom units ranging from 772 to 1,000 square feet, and 84 two-bedroom units of around 1,200 square feet. 39 one-bedroom and 21 two-bedroom units are classified as affordable housing and these will be offered to residents earning 80% or less of Area Median Income.
The amenities include a clubroom, a billiard room, a coffee bar, a media room, a business centre, a cyber-café, a theatre, a fitness centre and a resort-style pool.
Alta Legacy Farms is a garden-style three-storey walkup development on 18 acres with six acres of restricted land set aside as permanent conservation land. The master-planned Legacy Farms community includes six miles of walking trails, playing fields and village center.
Unit amenities include wood cabinets, wood-look vinyl plank flooring in kitchens and entries, appliance package including microwave range hoods, garbage disposals, one-inch vinyl window blinds, cultured marble vanities with integral sinks in bathrooms, and full-size washers and dryers in all units.
Common amenities include a clubroom with a tasting lounge, billiard room, coffee bar, media room, business center, cyber-café, theater, and an expansive fitness center with personal televisions on cardio equipment. Adjoining the clubhouse is an outdoor lounge area with firepit and built-in grilling stations, and a resort-style pool complete with sundeck.