Wood Partners’ investor in Alta Mira is Westplan Investors (www.westplan.com), a privately held company that owns and manages 26 apartment properties with over 8,500 units and a commercial portfolio of approximately 1 million square feet. MSA Architects of Miami designed the project, which will be constructed by Current Builders and managed by Laramar Group’s South Florida division.
An Alberta business magazine has named the municipality of Wood Buffalo as the best community for business in Western Canada. This month’s edition of Alberta Venture, which can be picked up on newsstands or viewed online, cited the region’s growing population, low unemployment rate and fat paycheques — the average household income is $189,458 — as evidence of the region’s prosperity.
According to the National Association of Home Builders, the one-year impact of construction activity for apartment projects of this size typically is nearly 300 direct and indirect jobs, $19 million in annual economic output, and nearly $2 million in local taxes and fees. On an ongoing basis, the local economic output is estimated around $5 million, including more than 100 direct and indirect jobs.
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. In 2011, it was ranked the nation’s No. 1 multifamily developer with 3,750 unit starts. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the development of more than 40,000 homes with a combined value of more than $5.5 billion nationwide. Wood Partners has offices in 15 major markets nationwide including Atlanta, Baltimore, Delray Beach, Boston, Charlotte, Dallas, Denver, Houston, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, Washington, D.C. To learn more about Wood Partners, please visit our Web site at www.woodpartners.com.
Van der Sloot is the prime suspect in Holloway’s unsolved disappearance. He faces extortion and wire fraud charges in Alabama in connection with Holloway’s unsolved disappearance in Aruba exactly five years before he killed Peruvian college student Stephany Flores after meeting her in a Lima casino.
Wood Partners is the nation’s most active multifamily real estate company that acquires, develops, builds and manages high-density and mixed-use communities. According to Dave Thompson, director for Wood Partners in Florida, this area of Miami hasn’t seen significant new multifamily development since the mid-90s, so Alta Mira should be well received in the marketplace.