OAKLAND, Calif., Nov. 6, 2018 /PRNewswire/ -- LMC, a leader in
apartment development and management, today announced the topping
out of 17th and Broadway, a mixed-use high-rise apartment community
in Downtown Oakland.
The topping out symbolizes a milestone in the construction
process for the 34-story community, which consists of 254 luxury
apartment homes and 4,800 square feet of ground-floor retail space.
As LMC's first development in the Oakland market, 17th
and Broadway will offer fully integrated smart homes with superior
Wi-Fi coverage and Lutron STLT home programming for temperature
control and electronic roller shades. First move-ins are
anticipated for June 2019.
"Downtown Oakland has an
artistic and energetic atmosphere, and we are thrilled to join the
area and offer a living experience that complements the
surroundings," said JJ Abraham, division president of California for LMC. "The topping out brings us
one step closer to welcoming our initial resident base, which will
undoubtedly take advantage of our extensive array of amenities,
creative co-working spaces and enjoy a fully integrated smart home
experience."
Situated at 447 17th Street, 17th and Broadway will
include a large public art feature, constructed by local Oakland
artist David Huffman. The community
sits in close proximity to Oakland's Uptown and Old Town districts
and boasts a Walk Score of 97, a Transit Score of 87 and a Bike
Score of 86. Downtown San
Francisco is a 12-minute commute from 17th and Broadway,
which offers near-immediate access to the area's key interstates,
highways and two BART stations (12th and 19th
streets). Lake Merritt and Snow Park are also within walking
distance of the community.
The new residential tower consists of 1-, 2- and 3-bedroom
contemporary apartment homes that will be equipped with a variety
of high-end features and finishes. Included will be 9-foot
ceilings, quartz countertops and vanity tops, glass-tile kitchen
backsplashes, Barbosa designer cabinets, stainless-steel
appliances, custom pendant lighting, wood-style flooring, ceramic
tile shower surrounds and front-loading washers and dryers.
Residents at 17th and Broadway will enjoy ample community
amenities on the first, sixth and 34th floors. First-floor
amenities include a lobby seating area with 18-foot ceilings and
full-time concierge, secure bike parking, large mailroom with
digital package lockers and a pet washing and grooming station. The
sixth floor is home to an outdoor pool, spa, lounge area, barbecue
grills, fire pit and creative co-working space with LED TVs and
seven reservable conference rooms. The floor is also home to an
innovative training center that includes cardio equipment, weights
and a content-filled motivational wall.
The 34th floor includes a community penthouse with game room,
pool table, commercial-grade kitchen package; a solarium private
dining and entertainment room with floor-to-ceiling glass on three
sides and panoramic views of the city skyline; a sky deck with
multiple fire pits, wet bar and stunning views; and a large event
and gallery space designed to lease to residents and qualified
third parties for private events.
In addition to The Broadway, LMC has four apartment communities
in operation or under construction in the Bay Area. Others include
Capitol 650 (Milpitas), Novo
(Mountain View), 19th +
Harrison (Oakland) and AYA
(Fremont)
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 26,300-unit pipeline of
communities ranging from operating to under development that
exceeds $9.6 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 LMC