Wood Partners Expands Portfolio with New Developments
Leading multifamily developer Wood Partners has significantly expanded its presence in one of the fastest-growing metropolitan areas. With the unveiling of two new properties, Alta Avondale and Alta Rise, Wood Partners brings more than 630 new apartments to this thriving community.
Introducing the Alta Avondale Community
Alta Avondale, a remarkable 360-unit property situated on 14 acres of vibrant landscape, is located in a mixed-use destination known for its array of restaurants, entertainment, shopping, and recreational options. The development is ideally positioned just south of a major interstate, granting residents easy access to the surrounding areas. Residents will find that they are just moments away from popular attractions such as State Farm Stadium and the Westgate Entertainment District.
Amenities Designed for Comfort and Lifestyle
This thoughtfully designed community boasts a wide range of amenities, including a modern fitness center, a speakeasy environment, and inviting outdoor spaces like a dog park and skydeck that offers breathtaking views of the mountains. The variety of apartment layouts, including studio, one-, two-, and three-bedroom options, is set to cater to various lifestyles and needs. With an expected completion in early 2025, Alta Avondale is now leasing over 200 of its apartments, each featuring premium finishes like quartz countertops and stainless appliances.
Discovering Alta Rise
Located in Gilbert, Alta Rise adds 278 units to the Wood Partners portfolio. With a mix of two four-story and two three-story buildings, it provides residents with easy access to downtown Gilbert and Chandler, both of which are less than 10 minutes away. Its strategic location is further enhanced with proximity to major highways.
Luxurious Features and Community Spaces
The Alta Rise complex offers abundant amenities to enhance residents' lifestyles. From a vibrant clubhouse complete with a large pool and spa, to private courtyards featuring barbecues and fire pits, there’s something for everyone. The development will also include fitness areas that ensure privacy and fitness needs are met. Expected to roll out in 2025, it features modern interiors with essential conveniences like wine fridges in select units.
Future Developments on the Horizon
In addition to these newly launched projects, Wood Partners is also progressing through construction phases for other properties. For example, Alta Dove Valley, a remarkable 380-unit community, is being built nearby a significant semiconductor facility, showcasing the demand for housing in the area. Furthermore, Alta 87 is another upcoming 257-unit project located in Gilbert, keeping Wood Partners committed to meeting the housing needs of Arizona's rapidly expanding population.
About Wood Partners
Wood Partners is recognized nationally for its leadership in developing and constructing multifamily housing. With over 100,000 multifamily homes in its portfolio and ongoing operations across 19 markets, the company continues to shape the landscape of residential living. The firm has garnered respect for delivering quality communities that enhance residents' lives while ensuring a positive contribution to the regions they serve.
Frequently Asked Questions
What is the location of the new communities?
The new communities, Alta Avondale and Alta Rise, are located in Arizona.
What amenities do the new developments offer?
Both developments feature fitness centers, pools, skydecks, dog parks, and various community spaces for residents.
When are these communities expected to be completed?
Alta Avondale is expected to be completed in early 2025, while Alta Rise is on a similar timeline.
How does Wood Partners contribute to the community?
Wood Partners aims to enhance quality of life through thoughtfully designed, amenity-rich properties that support local growth.
What is the company’s history?
Wood Partners has been a leader in the multifamily housing sector, with a history of developing over 100,000 homes across the United States.
