Charleston, S.C.–based developer Greystar has announced plans to add more than 1,300 units to its portfolio in the Pacific Northwest, where housing is strained due in large part to the tech boom. The company is nearing completion of six new communities, three in Seattle and three in Silicon Valley, Calif.
Courtesy Greystar
Huxley
In the Bay Area, the new properties are the 164-unit, luxury Elan Mountain View apartments, which will feature 10,000 square feet of retail space, including a Peet’s coffee and Mediterranean restaurant Rose Market, and is within walking distance of the Mountain View Caltrain/VTA transit center; Redwood City’s 137-unit, eight-story Huxley, next to the Sequoia Caltrain station; and Elan Redwood City, which will feature 175 rental units located within walking distance of downtown Redwood City.
Courtesy Greystar
Ascent
In the Pacific Northwest, Greystar will open the 182-unit Elan Uptown Flats in “Latitude 47,” the Seattle tech corridor and the top region in the country for job growth; Ascent, a 25-story, luxury building featuring 251 apartment homes and six retailers in Seattle’s South Lake Union neighborhood, one block from Amazon’s corporate headquarters; and Marlowe, a seven-story community that will feature 181 apartment homes and over 9,000 square feet of retail space adjacent to Ascent.