Apartment complex will be first in Pacific Northwest for Dallas-based real estate investment firm.
Dallas, TX (PRWEB) June 17, 2014
Trinsic Residential Group (“Trinsic”) has announced that work is underway on a 159-unit apartment complex at 4435 35th Avenue SW in West Seattle. Called Aura West Seattle, the development will include live/work units and ample underground parking. It is located near the West Side Bridge and next to the Rapid Ride stop on 35th Avenue. The project is Trinsic’s first in the Pacific Northwest.
“We are very excited to bring a fresh new product to the West Seattle neighborhood, and hope that our studio, one-bedroom, two-bedroom and townhome units will appeal to a wide range of renters,” said Jack Paauw, managing director for the company’s Pacific Northwest Division. “Our goal is to build an apartment complex that not only benefits residents, but also has a positive impact on the surrounding community. We think the hill climbs that will be included on the site, and the connection they create between 35th and 36th Avenues, will be very useful to pedestrians.”
The design of the building and the amenities offered are geared toward outdoor enthusiasts. Rooftop gardening and lounge areas, recreational equipment storage and outdoor gear rental will be some of the features. “The convenience, visibility and topography of this location gave us an opportunity to provide a superior product in a vibrant and desirable location for transit-oriented development projects,” said Paauw.
About Trinsic Residential Group
Trinsic Residential Group, LLC (http://www.trinsicresidential.com) is a privately owned firm focused on the development and acquisition of multifamily real estate in the Southwest, South Florida and Pacific Northwest regions. Trinsic develops investment-grade communities and acquires existing Class A and Class B properties that provide opportunities to add value. Since its inception in 2011, Trinsic has developed or currently has under construction more than 2,700 units totaling a capitalization of over $370 million.
For more information, please contact Sheri Thomas, director of asset management, 832-371-6295.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/06/prweb11939599.htm