Wolff Begins Construction of Mosaic Apartments
SCOTTSDALE, August 9, 2012 /PRNewswire/ — The Wolff Company announced that it has begun construction of Mosaic Apartments, a multifamily community located within the Riverpark Master Plan in Oxnard, California.
“Shovel-ready garden apartment development opportunities in strong markets with low vacancy rates and high barriers to entry markets are rare. This development is uniquely positioned with a significant portion of the typical risk mitigated,” explained Peter Wolff, VP of Development at The Wolff Company.
Mosaic will be a Class A, 100% market-rate multifamily community, built on a 20.6-acre site adjacent to the Ventura 101 freeway. The community will consist of 240 units. The Riverpark Master Plan will consist of 750,000 square feet of commercial space and 2,805 residential units in total.
The Wolff Company Commences Construction in Seattle, Washington
SCOTTSDALE, August 7, 2012 /PRNewswire/ — The Wolff Company announced that it has begun construction of a multifamily community located at the corner of 11th Street and Pine Street in Capitol Hill, a dense urban neighborhood located just east of downtown Seattle.
This mixed-use development will feature approximately 5,770 square feet of street-level retail space and 92 apartment units. It will be a Class A asset in a Class A location. A nearby light rail station and a commuter trolley station are both under construction and will provide residents with convenient transportation around Seattle.
Development Underway in Richland, Washington
SCOTTSDALE, July 27, 2012 /PRNewswire/ — The Wolff Company announced that it has begun construction of a multifamily community located in Richland, Washington.
Badger Mountain will be a Class A, multifamily community in an upscale neighborhood in the Tri-Cities, a short distance from both I-182 and Route 240. The community will consist of 176 units and eight garden style residential buildings. Construction is expected to be completed by the end of 2013.
“We are excited to have the support of the local community and expect to complete construction by the end of 2013. We have already generated a significant amount of interest from prospective tenants during this early stage in construction,” said Joe Organick, VP of Development of the Wolff Company.
Wolff Begins Construction of The River House at the Trailhead Apartments
SCOTTSDALE, June 1, 2012 /PRNewswire/ — The Wolff Company announced that it has begun construction of The River House at the Trailhead, a multifamily community located in Spokane Valley, Washington.
“This site is ideally located between Spokane and Liberty Lake,” said Alvin J. “Fritz” Wolff. “Between Kaiser and the Spokane Business and Industrial Park there are more than 5,000 jobs within a half mile of the property.”
River House at the Trailhead will be a Class A, multifamily community built on a 10.7-acre site located on the Spokane River with easy access to I-90, which connects the property to both Spokane and Coeur d’Alene, Idaho. The community will consist of 216 units and six garden style residential buildings. Construction is expected to be completed by July of 2013.