Construction Begins on The Chester at Westlake Mixed-Use Site
Kimco Realty and Bozzuto Begin Construction of The Chester
Kimco Realty and Bozzuto have embarked on an exciting journey to create The Chester at Westlake, a new mixed-use development set to invigorate the Bay Area with 214 modern apartments and neighborhood-friendly retail spaces. This project is poised to enhance the legacy of the Westlake Shopping Center by providing contemporary living options and amenities that cater to the needs of residents.
A New Dawn for Apartment Living
The Chester represents a significant milestone for Daly City, as it marks the introduction of a major predominantly market-rate apartment complex in over 15 years in the area. Scheduled for completion in winter 2027, this development aims to offer thoughtfully designed homes that balance modern amenities with a vibrant community atmosphere.
Why The Chester Stands Out
With attributes aimed at enhancing the quality of life for its residents, The Chester will not only focus on housing but also incorporate dynamic amenities. This expansive project will feature over 13,000 square feet dedicated to amenities and around 10,000 square feet of retail space, promising a lively environment where residents can live, work, and play all in one location.
Transformative Impact on the Community
This project is integral to Kimco's broader strategy of revitalizing its shopping centers into thriving mixed-use hubs. The Chester is expected to contribute significantly to the community by providing modern living spaces that improve the quality of urban life. Furthermore, the partnership with Bozzuto, known for its expertise in creating award-winning residential experiences, aligns perfectly with this vision.
What to Expect from The Chester
The community will feature a variety of residential units including studios, 1-, 2-, and 3-bedroom apartments, with a substantial 70% of these units featuring balconies or terraces. The mission is to create a diverse living environment that caters to individuals and families alike, promoting a sense of belonging within the community.
Development Details and Future Prospects
Located at 99 Southgate Avenue, The Chester will have easy accessibility to major transport routes, enhancing its appeal among potential residents. The project's design integrates dual landscaped courtyards, which serve as personal retreats and social hubs alike, ensuring that residents can enjoy both tranquility and connection to their neighbors.
Additional features include a state-of-the-art fitness center, co-working areas, and a rooftop patio that presents stunning views of the surrounding landscape. These elements collectively foster a lifestyle that emphasizes health, well-being, and community ties.
Partnership and Funding
The financing for The Chester is supported by J.P. Morgan, marking a strategic alliance that underlines the project's significance. With both Kimco and Bozzuto bringing their unique strengths to this project, the construction of The Chester is more than just adding housing; it is about enriching the local environment and promoting sustainable living solutions.
Frequently Asked Questions
1. What is The Chester at Westlake?
The Chester at Westlake is a mixed-use development by Kimco Realty and Bozzuto, composed of 214 apartments and retail spaces aimed at providing modern living in Daly City.
2. When is The Chester expected to open?
The anticipated opening for The Chester is in winter 2027, occupying a pivotal spot in the community's landscape.
3. How will The Chester impact the local community?
This development aims to enhance the neighborhood by offering necessary amenities and residential options, fostering a sense of community and vitality.
4. What types of apartments will be available in The Chester?
The Chester will offer various units, including studios and 1 to 3-bedroom apartments, with the majority featuring private outdoor spaces.
5. Who are the developers of The Chester?
The Chester is a collaborative effort between Bozzuto Development and Kimco Realty, experts in creating vibrant residential and commercial environments.
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.