Redwood Apartment Neighborhoods News
Ohio-based developer and manager of single-story apartment homes, Redwood Living, Inc., is off to an exceptionally strong 2023 with a number of new neighborhoods in development and recently opened throughout the Midwest and Carolinas.
“We’re pleased with our strong trajectory through the first half of 2023,” said Steve Kimmelman, Chief Executive Officer at Redwood. “Our pipeline puts us on pace to achieve our goal of reaching 16,000 occupied apartment homes in our portfolio, bringing a much-needed approach to the multifamily industry that our markets are clearly embracing.”
Redwood’s recently opened neighborhoods and those in development include:
Redwood continually plans for strategic expansions, and the current pipeline is robust, with multiple new neighborhoods scheduled to open by the end of the year as well as additional phases in existing neighborhoods.
“As we look toward the next six to 12 months, the Chicagoland and Omaha areas will be geographic focuses and we anticipate continued leasing momentum and new development accordingly,” said Kimmelman.
Unlike traditional apartment complexes, Redwood’s signature design feels more like a single-family home thanks to the single-story floor plans, attached garages and private entrances with individual street addresses. Redwood apartment homes include two bedrooms and two bathrooms along with a two-car attached garage complete with ample storage.
Additional advantages that come with living in a Redwood apartment include spacious eat-in kitchens with large pantries, open floor plans, large closets, washer and dryer hookups, full-size appliances, vaulted ceilings, bonus living space, personal patios and pet-friendly accommodations, among other.
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