Leasing Begins for The Piper Apartments in Marymoor Village

Exciting New Beginnings at The Piper Apartments

The Piper Apartments, developed by Quarterra Multifamily in partnership with QuadReal Property Group, is officially open for leasing, marking a significant milestone in the vibrant Marymoor Village community. This luxurious apartment complex features a total of 284 beautifully designed homes tailored for residents seeking a higher standard of living.

An Emphasis on Lifestyle and Community

Located near the stunning Marymoor Park, The Piper Apartments offers a wonderful selection of one-, two-, and three-bedroom residences, all consisting of a thoughtful layout. Ranging from cozy 475 square foot studios to spacious 1,400 square foot family-sized homes, there is something for everyone at The Piper. These designs ensure that established professionals and families can enjoy a stylish and customizable living environment tailored to their needs.

A Suite of Top-Tier Amenities

The property offers an impressive array of amenities, including a serene pool and spa, dedicated kids' play areas, and modern co-working spaces. Residents can enjoy easy access to the surrounding 640-acre Marymoor Park, which boasts various outdoor activities such as a robust trail system, sports facilities, a dog park, and a climbing wall. The community is designed for those who appreciate a balance of city life and nature.

Access to Transit and Local Employers

The Piper Apartments are strategically located just a few blocks from the forthcoming Southeast Redmond Light Rail Station, providing residents with convenient commuting options to major employment hubs such as Microsoft, Amazon, and Facebook. Quick access to key thoroughfares makes it easier for residents to explore the surrounding areas, including downtown Redmond and Bellevue.

Partnerships that Matter

The development of The Piper is part of a broader collaboration between Quarterra and QuadReal, which focuses on curating exceptional living spaces. This partnership reflects a shared commitment to creating thriving communities and elevating the rental housing landscape. Previous joint ventures include other notable apartment communities like Spectra in Marymoor Village and Ovation in Seattle's First Hill neighborhood.

A Commitment to the Arts

The design of The Piper includes a pathway featuring unique art installations, aligning with the City of Redmond's art program. This pedestrian art walk not only enhances the aesthetic appeal of the community but also aims to support local artists through an artist-in-residence program, promoting creativity and community involvement.

Affordable Living Options

In keeping with a commitment to community accessibility, The Piper participates in the MFTE/AARCH program. This initiative ensures that 10% of its homes are available at 50% of the area median income, making it a more inclusive living option for families in the region.

About Quarterra Multifamily

Quarterra Multifamily, established as a key player in the multifamily sector, is a wholly-owned subsidiary of Lennar Corporation (NYSE: LEN). The company has rapidly grown since 2011 and has been recognized on the National Multi-Housing Council's annual Top 50 list for nine consecutive years. Quarterra prides itself on creating extraordinary communities where residents can live remarkably.

About QuadReal Property Group

QuadReal Property Group is a global leader in real estate investment, development, and operations. Headquartered in Vancouver, British Columbia, QuadReal aims to deliver sustainable value within the communities it serves. With a strong focus on responsible investment and development, QuadReal manages assets worth approximately $77.6 billion.

Frequently Asked Questions

When does leasing begin at The Piper Apartments?

Leasing for The Piper Apartments has officially started, welcoming potential residents to explore various living options.

What types of residences are available?

The Piper offers a mix of one-, two-, and three-bedroom apartments, ranging from studio apartments to spacious family-sized homes.

What amenities can residents expect?

Residents will enjoy a range of amenities, including a pool, spa, co-working spaces, play areas for kids, and direct access to Marymoor Park's outdoor activities.

How does the location benefit residents?

The Piper Apartments provide excellent transit access and proximity to major employment centers, making commuting convenient for residents.

Is there an affordable housing option at The Piper?

Yes, The Piper participates in the MFTE/AARCH program, offering 10% of its homes at 50% of the area median income for greater accessibility to residents.

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