Wood Partners, a multifamily real estate developer, has broken ground on its luxury residential community, Alta University Place, situated in University Place, a suburb of Tacoma, Washington, US.
The community is planned to officially open in September 2023 with pre-leasing anticipated to start in summer of the same year.
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Located along the I-5 corridor, the community will have direct access to downtown Tacoma and has regional transit to nearby Seattle.
University Place will feature Chambers Bay golf course and other parks and recreational activities and offer easy access to many top employers in Puget Sound area.
Wood Partners managing director Michael Nagy said, “We’re excited to continue expanding our footprint in the Pacific Northwest with Alta University Place, which represents our fourth development in the state.
“We look forward to welcoming residents to this top-of-the-line apartment community, where they will enjoy easy access to Seattle while maintaining the comfort of neighbourhood living with the community’s prime location.”
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By GlobalDataAlta University Place will feature 274 apartment homes including one-, two- and three-bedroom floor plans across nine buildings spread over more than eight acres of landscape.
Each apartment will be fully furnished with high-end finishes, including sleek quartz countertops, stainless steel appliances, wood-style plank flooring, in-unit washer and dryer sets and more.
The project will feature a clubroom, fitness centre, resort-style pool, family play areas, an off-leash pet park, and outdoor grills.
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Image: The community is planned to officially open in September 2023 with pre-leasing anticipated to start in summer of the same year. Credit: Belushus Yuitza from Pixabay
