MENLO PARK, Calif.--(BUSINESS WIRE)--CityView and Greystar announced today the opening of its most recent joint venture, Elan Menlo Park. The community is situated minutes away from major Bay Area employers and is now available for leasing. Elan Menlo Park will be managed by Greystar and feature 146 luxury apartment homes and over 17,000 square feet of indoor/outdoor amenity space for residents.
Located at 3645 Haven Avenue in Menlo Park, CA, the project is situated minutes away from Bay Area employers including Facebook, Evernote, Google and Stanford University, as well as dining, arts, shopping and entertainment in Menlo Park and Downtown Redwood City. Residents will also enjoy nearby recreation such as hiking, outdoor sports and scenic bike trails along the water.
“The upcoming opening of Elan Menlo Park Apartments in this ideal location reflects the high demand for housing in the continuously growing Silicon Valley region,” said Sean Burton, chief executive officer of CityView. “By focusing on contemporary design and a community driven amenity package, we are anticipating a great response to the final product.”
Elan Menlo Park includes one-, two- and three-bedroom apartment homes ranging in size from 715 to 1249 square feet of living space. These modern residences offer upscale kitchens with custom islands, quartz countertops with under mount sinks, glass-tiled backsplashes, European cabinetry and stainless steel appliances. Floor plans will incorporate features such as wood-style plank flooring, dramatic 9-foot ceilings, abundant windows for natural light, pendant lighting, air conditioning, spacious walk-in closets and in-home full size washers and dryers.
“Elan Menlo Park is an exciting development which meets the strong demand for housing with close proximity to local jobs, recreation and entertainment in the Bay Area,” said Randy Ackerman, managing director of development at Greystar. “We think residents will be equally excited about these modern apartments and the lifestyle and many amenities they offer.”
With lifestyle and service as the key pillars of the community, Elan Menlo Park will offer social activities and events such as happy hours, wine tastings, and thoughtfully designed amenity spaces. The pet-friendly community will include a resident lounge, resort inspired saltwater pool and spa, club-quality fitness center, bike storage, automated package delivery system, complimentary common area Wi-Fi, and an entertainment courtyard with a pet park, outdoor fire pit and BBQ grills.
The leasing process is being managed by Greystar, the largest operator of apartments in the United States. Interested renters are encouraged to visit www.elanmenlopark.com or call 650.600.1100.
CityView is a premier developer and investment management firm focused on urban residential real estate in the Western and Southwestern United States. CityView targets multifamily housing ventures in metropolitan markets which are often overlooked due to the complexity of the transaction and other development challenges. At the center of the firm’s success is its strong professional team which possesses unparalleled expertise in real estate, development, operations and finance. CityView’s investors include some of the largest and most sophisticated public pension plans and financial institutions in the country.
CityView was founded in 2003 and is headquartered in Los Angeles. The firm has regional offices in San Francisco and San Antonio, Texas. For more information, please see www.cityview.com.
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, and Latin America, Greystar is the largest operator of apartments in the United States, managing over 400,000 units in over 160 markets globally. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $14 billion in gross assets under management including $6.9 billion of developments underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com.