MILPITAS, Calif., July 26, 2018 /PRNewswire/ -- LMC, a leader
in apartment development and management, today announced the start
of leasing at Capitol 650, a new apartment community located in
Milpitas on the northeast portion
of the South Bay.
Capitol 650, which offers convenient access to the tech hubs in
the Silicon Valley and San Jose,
features 351 apartment homes and a top-of-the-line amenities
package, including co-working spaces with conference rooms and open
seating. First move-ins at the five-story community are anticipated
for August.
"The entire area surrounding Silicon Valley is booming with new
development, and it comes without the ultra-high price tag of
living directly in the Valley or San
Francisco," said JJ Abraham, division president of
California for LMC. "Capitol 650
will provide the innovative living experience and cutting-edge
amenities that residents demand, particularly those in
tech-dominated markets, and we believe the community will offer an
unmatched living experience in the neighborhood."
Capitol 650 is a transit-oriented development located across the
street from two mass-transit options – the brand-new Milpitas/Silicon Valley BART station and the
Montague VTA light rail station. Both stations offer commuters
direct access throughout the Silicon Valley, to job centers such as
North San Jose (two miles away)
and to downtown San Jose and
San Francisco. In addition, nearby
Interstates 880, 680 and 101 and Highways 237, 87, 85 and 17
provide connectivity to major employment centers and technology
headquarters.
In addition, the San Jose
International Airport is located five miles from the community
while the Oakland International
Airport is a 40-minute drive north. The bikeable, walkable
community sits adjacent to the Great Mall of the Bay Area, which
contains 1.4 million square feet of shopping and dining options.
The community also provides an outlet for outdoor activities with
more than one acre of onsite public parks.
Capitol 650 consists of one- and two-bedroom apartment homes of
varying sizes. Community amenities include an outdoor swimming
pool, panoramic sky deck, resident lounge, game room, pet washing
and grooming station, large mailroom with Amazon Hub package
lockers, spa, BBQ space, an expansive two-story fitness and
training facility and a rooftop entertainment room with
floor-to-ceiling glass and skyline views. The panoramic sky deck
features a fire pit and seating areas. Residents will also have
access to private bike storage with adjacent onsite bike
repair.
Apartment interiors come equipped with nine-foot ceilings,
quartz countertops with full ceramic tile backsplashes, modern
cabinetry, custom pendant lighting, stainless steel appliances,
wood-style flooring, full-size washers and dryers, walk-in closets,
automated roller shades, programmable thermostats and full tile
surrounds in the showers.
Including Capitol 650, LMC has more than 1,500 apartment homes
in operation or under construction in the Bay Area.
About LMC
LMC, a wholly owned subsidiary of Lennar
(NYSE:LEN), is a multifamily real estate development and operating
company with a diverse portfolio of institutional quality
multifamily rental communities across the US. LMC has a 24,400-unit
pipeline of communities ranging from operating to under development
that exceeds $8.4 billion and
consists of high-rise, mid-rise and garden apartments.
LMC creates extraordinary communities where people can live
remarkably.
www.LiveLMC.com
Media
Contact
Lindsey
Bernhardt
LinnellTaylor
Marketing
303-682-3941
lindsey@linnelltaylor.com
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SOURCE Lennar Multifamily Communities (LMC)